Progressive (PGR) Share-based Compensation (2012 - 2026)
Progressive (PGR) reported Share-based Compensation of $36 million for Q2 2026, up 12.5% from $32 million a year earlier and up 125.0% from the prior quarter.
Progressive (PGR) Share-based Compensation (2012 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Progressive's Share-based Compensation came in at $136 million, up 11.5% year-over-year; for FY2025, it came in at $132 million, up 8.2% from FY2024.
- Share-based Compensation has a five-year compound annual growth rate of 8.1% (FY2020 to FY2025).
- By year, Share-based Compensation came in at $122 million in FY2024 (+0.8%), $121 million in FY2023 (-1.6%), $123 million in FY2022 (+22.1%) and $100.7 million in FY2021 (+12.6%).
- Five-year quarterly Share-based Compensation spans a low of $15.9 million in Q1 2023 and a high of $53.3 million in Q4 2022.
- Year over year, Share-based Compensation gained in five of the last eight quarters, with growth averaging 3.8%.
- The high point for year-over-year Share-based Compensation in five years was Q4 2022 (growth of 66.6%); the low point was Q4 2023 (a decline of 35.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $16 million (Q1 2026), $42 million (Q4 2025) and $42 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn | - |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn | - |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn | 36.00 Mn |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | 96.00 Mn |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - | - |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn | - |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - | 24.00 Mn |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | - |
| 10 | Aon | 57.70 Bn | 50.94 Bn | - | 122.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.00 Mn |
| Mar 31, 2026 | 16.00 Mn |
| Dec 31, 2025 | 42.00 Mn |
| Sep 30, 2025 | 42.00 Mn |
| Jun 30, 2025 | 32.00 Mn |
| Mar 31, 2025 | 16.00 Mn |
| Dec 31, 2024 | 36.00 Mn |
| Sep 30, 2024 | 38.00 Mn |
| Jun 30, 2024 | 31.00 Mn |
| Mar 31, 2024 | 17.00 Mn |
| Dec 31, 2023 | 34.30 Mn |
| Sep 30, 2023 | 42.90 Mn |
| Jun 30, 2023 | 27.90 Mn |
| Mar 31, 2023 | 15.90 Mn |
| Dec 31, 2022 | 53.30 Mn |
| Sep 30, 2022 | 26.00 Mn |
| Jun 30, 2022 | 26.40 Mn |
| Mar 31, 2022 | 17.30 Mn |
| Dec 31, 2021 | 32.00 Mn |
| Sep 30, 2021 | 26.00 Mn |
Progressive Share-based Compensation API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=share-based-compensation&ticker=PGR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "ticker": "PGR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=share-based-compensation&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();