Progressive (PGR) Tax Rate (2009 - 2026)

Progressive (PGR) has 18 years of Tax Rate data on file, last reported at 20.98% in Q1 2026.

• Tax Rate for Q1 2026 came in at 20.98%, up 30.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.57% (down 26.0% YoY), and the FY2025 annual result was 20.49%, down 35.0% from the prior year.
• Tax Rate improved to 20.98% in Q1 2026 per PGR's latest filing, from 19.85% in the prior quarter.
• Over five years, Tax Rate peaked at 21.56% in Q2 2024 and troughed at 12.91% in Q3 2022.
• A 5-year average of 19.66% and a median of 20.58% in 2023 frame the typical range for Tax Rate.
• The sharpest annual moves came in 2022 and 2023: Tax Rate tumbled 630 bps in 2022, then jumped 757 bps in 2023.
• A 5-year view of Tax Rate shows it stood at 19.34% in 2022, then rose by 6 bps to 20.58% in 2023, then rose by 0 bps to 20.59% in 2024, then retreated by 4 bps to 19.85% in 2025, then gained by 6 bps to 20.98% in 2026.
• Business Quant data shows PGR's Tax Rate at 20.98% in Q1 2026, 19.85% in Q4 2025, and 21.31% in Q3 2025.