Progressive (PGR) Tax Rate (2009 - 2026)
Progressive's Tax Rate was 21.34% in Q2 2026, up 1.07 percentage points from 20.27% a year earlier and up 0.36 percentage points from the prior quarter.
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Analysis
Progressive (PGR) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Progressive's Tax Rate was 20.87% through Jun 30, 2026, up 0.32 percentage points year-over-year; for FY2025, it was 20.49%, down 0.35 percentage points from FY2024.
- Tax Rate shows a five-year change of +0.02 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 20.84% in FY2024 (+0.43 pp), 20.41% in FY2023 (-1.28 pp), 21.69% in FY2022 (+1.29 pp) and 20.41% in FY2021 (-0.07 pp).
- The Q2 2026 figure marks the highest quarterly Tax Rate since Q2 2024.
- Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of +0.02 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q3 2023 (a gain of 7.57 percentage points); the worst was Q2 2022 (a drop of 6.30 percentage points).
- Per Business Quant data, PGR's Tax Rate in the three quarters before Q2 2026 was 20.98% (Q1 2026), 19.85% (Q4 2025) and 21.31% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 138.09 Bn | 84.67 Bn | 9.13 Bn | 20.47% |
| 2 | Progressive | 133.08 Bn | 108.91 Bn | 9.04 Bn | 21.34% |
| 3 | Marsh & Mclennan Companies | 94.00 Bn | 86.16 Bn | - | 21.39% |
| 4 | Travelers Companies | 84.09 Bn | 60.34 Bn | 6.23 Bn | 20.20% |
| 5 | Manulife Financial | 75.62 Bn | -19.26 Bn | - | - |
| 6 | Arthur J. Gallagher | 69.00 Bn | 63.41 Bn | - | 21.74% |
| 7 | Allstate | 64.96 Bn | 26.23 Bn | 8.73 Bn | 21.03% |
| 8 | Aon | 64.52 Bn | 57.73 Bn | - | 21.96% |
| 9 | Metlife | 63.62 Bn | -43.16 Bn | 7.82 Bn | 24.73% |
| 10 | Aflac | 60.82 Bn | 36.03 Bn | 2.27 Bn | 17.09% |
Historic Data
Download Data
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% |
| Mar 31, 2022 | 19.55% |
| Dec 31, 2021 | 20.07% |
| Sep 30, 2021 | 14.75% |
| Jun 30, 2021 | 20.93% |
API Access
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_KEYimport 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();