Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Amortization - Deferred ChargesConsolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest ExpensesInterest ExpensesNet Income towards Common StockholdersOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxRevenueShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
Others
Ratios

Progressive (PGR) Tax Rate (2016 - 2026)

Progressive has reported Tax Rate over the past 18 years, most recently at 20.98% for Q1 2026.

  • Quarterly Tax Rate rose 30.0% to 20.98% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 20.57% through Mar 2026, down 26.0% year-over-year, with the annual reading at 20.49% for FY2025, 35.0% down from the prior year.
  • Tax Rate was 20.98% for Q1 2026 at Progressive, up 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.
  • The 5-year median for Tax Rate is 20.58% (2023), against an average of 19.66%.
  • Year-over-year, Tax Rate tumbled -630bps in 2022 and then skyrocketed 757bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 19.34% in 2022, then rose by 6bps to 20.58% in 2023, then rose by 0bps to 20.59% in 2024, then dropped by -4bps to 19.85% in 2025, then grew by 6bps to 20.98% in 2026.
  • Per Business Quant, the three most recent readings for PGR's Tax Rate are 20.98% (Q1 2026), 19.85% (Q4 2025), and 21.31% (Q3 2025).