Progressive (PGR) Tax Rate (2009 - 2026)
Progressive's (PGR) quarterly Tax Rate came in at 21.34% in Q2 2026, up 107.0% year-over-year from 10.31% in Q2 2025, and up 1.71% quarter-over-quarter from 20.98% in Q1 2026.
Progressive (PGR) Tax Rate (2009 - 2026) Analysis & Trends
Progressive (PGR) has reported Tax Rate for 18 consecutive years, with 21.34% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 107.0% year-over-year to 21.34% in Q2 2026; TTM through Jun 2026 was 20.87%, a 32.0% increase from a year earlier, with the FY2025 full-year figure at 20.49%, down 35.0% from the prior year.
- Tax Rate was 21.34% for Q2 2026 at Progressive, up from 20.98% 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 19.75% and a median of 20.59% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate plunged 630 bps in 2022 and soared 757 bps in 2023, its largest moves.
- Over 5 years, Tax Rate stood at 19.34% in 2022, then increased by 6 bps to 20.58% in 2023, then increased by 0 bps to 20.59% in 2024, then fell by 4 bps to 19.85% in 2025, then climbed by 7 bps to 21.34% in 2026.
- The last three Tax Rate figures came in at 21.34% (Q2 2026), 20.98% (Q1 2026), and 19.85% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,085.11 Bn | 760.40 Bn | 55.86 Bn | 19.62% |
| 2 | Chubb | 129.51 Bn | 121.21 Bn | 9.13 Bn | 20.47% |
| 3 | Progressive | 120.30 Bn | 115.30 Bn | 9.04 Bn | 21.34% |
| 4 | Travelers Companies | 75.54 Bn | 51.79 Bn | 6.23 Bn | 20.20% |
| 5 | Allstate | 58.28 Bn | 19.52 Bn | 16.28 Bn | 21.03% |
| 6 | Aflac | 57.57 Bn | -45.43 Bn | 2.27 Bn | 17.09% |
| 7 | Fairfax Financial Holdings | 48.63 Bn | 53.34 Bn | - | -20.41% |
| 8 | American International | 39.46 Bn | 1.67 Bn | 3.50 Bn | 25.00% |
| 9 | Hartford Insurance | 34.91 Bn | 18.60 Bn | 3.18 Bn | 20.39% |
| 10 | Arch Capital | 32.40 Bn | 31.29 Bn | 2.47 Bn | 13.96% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.34% |
| Mar 31, 2026 | 20.98% |
| Dec 31, 2025 | 19.85% |
| Sep 30, 2025 | 21.31% |
| Jun 30, 2025 | 20.27% |
| Mar 31, 2025 | 20.67% |
| Dec 31, 2024 | 20.59% |
| Sep 30, 2024 | 20.77% |
| Jun 30, 2024 | 21.56% |
| Mar 31, 2024 | 20.71% |
| Dec 31, 2023 | 20.58% |
| Sep 30, 2023 | 20.49% |
| Jun 30, 2023 | 20.73% |
| Mar 31, 2023 | 19.21% |
| Dec 31, 2022 | 19.34% |
| Sep 30, 2022 | 12.91% |
| Jun 30, 2022 | 14.62% |
| Mar 31, 2022 | 19.55% |
| Dec 31, 2021 | 20.07% |
| Sep 30, 2021 | 14.75% |
Progressive Tax Rate 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=tax-rate&ticker=PGR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=PGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();