Progressive (PGR) Tax Provisions (2009 - 2026)
Progressive (PGR) posted quarterly Tax Provisions of $898.0 million for Q2 2026, up 11.28% year-over-year from $807.0 million in Q2 2025, and up 20.05% on a QoQ basis from $748.0 million in Q1 2026.
Progressive (PGR) Tax Provisions (2009 - 2026) Analysis & Trends
Progressive has reported Tax Provisions for 18 years, with the latest figure at $898.0 million in Q2 2026.
- Tax Provisions for Q2 2026 came in at $898.0 million, up 11.28% year-over-year; the trailing twelve-month figure through Jun 2026 was $3.1 billion (up 14.3% YoY), and the FY2025 annual result was $2.9 billion, up 30.54% from the prior year.
- Tax Provisions rose to $898.0 million in Q2 2026, from $748.0 million in the prior quarter.
- Over five years, Tax Provisions peaked at $898.0 million in Q2 2026 and troughed at -$93.0 million in Q2 2022.
- A 5-year average of $444.2 million and a median of $562.2 million in 2023 frame the typical range for Tax Provisions.
- The widest annual swing landed in 2022, when Tax Provisions sank 144.48%; it then surged 1470.11% in 2023.
- A 5-year view of Tax Provisions shows it stood at $198.3 million in 2022, then jumped by 159.86% to $515.3 million in 2023, then climbed by 18.57% to $611.0 million in 2024, then rose by 19.64% to $731.0 million in 2025, then climbed by 22.85% to $898.0 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $898.0 million in Q2 2026, $748.0 million in Q1 2026, and $731.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.95 Bn | 121.18 Bn | 9.13 Bn | 742.00 Mn |
| 2 | Progressive | 124.83 Bn | 119.83 Bn | 9.04 Bn | 898.00 Mn |
| 3 | Travelers Companies | 79.44 Bn | 55.69 Bn | 4.83 Bn | 559.00 Mn |
| 4 | Allstate | 68.51 Bn | 29.78 Bn | 16.28 Bn | 871.00 Mn |
| 5 | Fairfax Financial Holdings | 35.35 Bn | 35.35 Bn | - | -400.30 Mn |
| 6 | Cincinnati Financial | 26.76 Bn | 24.87 Bn | 2.39 Bn | 321.00 Mn |
| 7 | Loews | 23.30 Bn | 996.48 Mn | 2.57 Bn | 141.00 Mn |
| 8 | Markel | 23.21 Bn | 6.33 Bn | 2.83 Bn | 332.87 Mn |
| 9 | Assurant | 14.14 Bn | 12.10 Bn | 2.71 Bn | 78.30 Mn |
| 10 | Cna Financial | 13.87 Bn | 6.09 Bn | 3.44 Bn | 84.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 898.00 Mn |
| Mar 31, 2026 | 748.00 Mn |
| Dec 31, 2025 | 731.00 Mn |
| Sep 30, 2025 | 708.00 Mn |
| Jun 30, 2025 | 807.00 Mn |
| Mar 31, 2025 | 669.00 Mn |
| Dec 31, 2024 | 611.00 Mn |
| Sep 30, 2024 | 612.00 Mn |
| Jun 30, 2024 | 401.00 Mn |
| Mar 31, 2024 | 609.00 Mn |
| Dec 31, 2023 | 515.30 Mn |
| Sep 30, 2023 | 288.90 Mn |
| Jun 30, 2023 | 90.30 Mn |
| Mar 31, 2023 | 106.50 Mn |
| Dec 31, 2022 | 198.30 Mn |
| Sep 30, 2022 | 18.40 Mn |
| Jun 30, 2022 | -93.00 Mn |
| Mar 31, 2022 | 76.30 Mn |
| Dec 31, 2021 | 241.60 Mn |
| Sep 30, 2021 | 20.50 Mn |