Other
Deferred Federal, State and Local, Tax Expense (Benefit)
Progressive Deferred Federal, State and Local, Tax Expense (Benefit) remained flat by 0.0% to -$50.50M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 180.6%, from -$18.00M to -$50.50M. Over 2 years (FY 2023 to FY 2025), Deferred Federal, State and Local, Tax Expense (Benefit) shows a downward trend with a 29.7% CAGR.
Analysis
StatementIncome Statement
SectionOther
CategoryProfitability
SignalContext dependent
VolatilityModerate
First reportedQ1 2023
Last reportedQ4 2025Mar 2, 2026
How to read this metric
A large negative value suggests significant tax benefits are being deferred, while a positive value indicates future tax liabilities are increasing.
Detailed definition
The aggregate change in deferred tax assets and liabilities for federal, state, and local jurisdictions during the repor...
Peer comparison
Standard line item in the tax reconciliation section of the income statement.
Metric ID:
other_deferred_federal_state_and_local_tax_expense_benefitHistorical Data
3 years
| FY'23 | FY'24 | FY'25 | |
|---|---|---|---|
| Value | -$120.00M | -$72.00M | -$202.00M |
| YoY Change | — | +40.0% | -180.6% |
Range-$202.00M – -$72.00M
CAGR+29.7%
Avg YoY Growth-70.3%
Median YoY Growth-70.3%
Deferred Federal, State and Local, Tax Expense (Benefit) at Other Companies
Frequently Asked Questions
- What is Progressive's deferred federal, state and local, tax expense (benefit)?
- Progressive (PGR) reported deferred federal, state and local, tax expense (benefit) of -$50.50M in Q4 2025.
- How has Progressive's deferred federal, state and local, tax expense (benefit) changed year-over-year?
- Progressive's deferred federal, state and local, tax expense (benefit) decreased by 180.6% year-over-year, from -$18.00M to -$50.50M.
- What is the long-term trend for Progressive's deferred federal, state and local, tax expense (benefit)?
- Over 2 years (2023 to 2025), Progressive's deferred federal, state and local, tax expense (benefit) has grown at a 29.7% compound annual growth rate (CAGR), from -$120.00M to -$202.00M.
- What does deferred federal, state and local, tax expense (benefit) mean?
- The total net change in deferred tax obligations across all government levels due to timing differences.