Income StatementBalance SheetCash FlowSegments
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Progressive Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Progressive holds $122.21B in total assets. Shareholders' equity is $32.0B against $8.4B in total debt. Cash and equivalents total $162.0M. Based on the Q1 2026 filing.

Total Assets$122.21BTotal Stockholders Equity$32.0BLong Term Debt$8.4BCash And Equivalents$162.0M
Latest FilingQ1 2026
Report Date2026-05-04
Market Cap$116.41B
P/E Ratio10.09
ROE34.19%

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accumulated other comprehensive income (loss)-$1.4B-$524.0M-$95.0M$189.0M$103.0M-$471.0M
AOCI - Available-for-Sale Securities, Net of Tax-$1.4B-$509.0M-$81.0M$203.0M$117.0M-$457.0M
AOCI - Cash Flow Hedge Adjustment-$14.0M-$14.0M-$13.0M-$13.0M-$13.0M-$13.0M
Common stock$586.0M$586.0M$586.0M$586.0M$586.0M$584.0M
Additional paid-in capital$2.1B$2.2B$2.2B$2.2B$2.3B$2.3B
Retained earnings$24.3B$26.7B$29.9B$32.4B$27.3B$29.6B
Total liabilities and stockholders' equity$105.7B$111.4B$115.5B$121.5B$123.0B$122.2B
Total stockholders' equity$25.6B$29.0B$32.6B$35.4B$30.3B$32.0B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
AOCI - Cash Flow Hedge Reclassification (Next 12 Months)-$14.0M-$14.0M-$13.0M-$13.0M-$13.0M-$13.0M
Available for sale investments$75.9B$79.7B$84.4B$90.0B$92.9B$90.0B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cash and cash equivalents$143.0M$195.0M$125.0M$173.0M$125.0M$162.0M
Accrued investment income$594.0M$584.0M$636.0M$691.0M$670.0M$685.0M
Premiums receivable$14.4B$16.8B$16.4B$16.5B$15.4B$17.6B
Prepaid reinsurance premiums$349.0M$306.0M$263.0M$215.0M$197.0M$198.0M
Restricted cash$11.0M$12.0M$10.0M$12.0M$13.0M$17.0M

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Liability for Claims and Claims Adjustment Expense$39.1B$39.8B$41.2B$42.1B$43.3B$44.4B
Current portion of long-term debt$0.0$0.0$0.0$0.0$0.0—
Dividends payable$2.7B$59.0M——$8.0B$58.0M
Unearned premiums$23.9B$26.6B$26.3B$26.8B$25.2B$27.9B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred policy acquisition costs$2.0B$2.1B$2.1B$2.2B$2.0B$2.1B
Equity securities$4.3B$4.0B$4.2B$4.5B$4.5B$4.2B
Reinsurance recoverables$4.8B$4.4B$4.2B$4.1B$4.1B$4.0B
Fixed maturities (amortized cost: $82,704 and $77,126)$75.3B$77.1B$82.3B$88.5B$82.9B$87.8B
Deferred tax assets$954.0M$860.0M$633.0M$662.0M$748.0M$742.0M
Net federal deferred income taxes$954.0M———$748.0M—
Common equities (cost: $819 and $745)$3.6B$3.4B$3.7B$4.0B$4.1B$3.9B
Nonredeemable preferred stocks (cost: $419 and $756)$728.0M$584.0M$500.0M$438.0M$404.0M$240.0M
Investments$80.3B$83.7B$88.6B$94.5B$97.4B$94.1B
Other Assets$1.6B$1.6B$1.7B$1.7B$1.6B$1.7B
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2026, $85; 2025, $84)$615.0M$2.6B$2.1B$1.5B$10.0B$2.1B
Property and equipment, net$790.0M$854.0M$820.0M$790.0M$783.0M$792.0M
Total assets$105.7B$111.4B$115.5B$121.5B$123.0B$122.2B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Long-term debt$6.9B$6.9B$6.9B$6.9B$6.9B$8.4B
Accounts payable, accrued expenses, and other liabilities (includes VIE balances of $159 and $183)$7.7B$9.1B$8.5B$10.3B$9.3B$9.5B
Total liabilities$80.2B$82.5B$82.9B$86.1B$92.7B$90.2B