Tax
Effective Tax Rate, Continuing Operations
Progressive Effective Tax Rate, Continuing Operations decreased by 1.4% to $0.21 in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.4%, from $0.21 to $0.21. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 4, 2026
How to read this metric
A lower rate generally indicates higher tax efficiency, while a significantly higher rate may suggest increased tax liabilities or geographic shifts in profitability.
Detailed definition
The ratio of income tax expense to income from continuing operations before taxes, representing the actual percentage of...
Peer comparison
Standard metric across all public companies; peers in the industrial gas sector typically target rates aligned with their geographic footprint.
Metric ID:
cat_effective_tax_rate_continuing_operationsHistorical Data
17 periods
| Q2 '21 | Q3 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.21 | $0.15 | $0.20 | $0.15 | $0.13 | $0.24 | $0.19 | $0.21 | $0.21 | $0.21 | $0.22 | $0.21 | $0.00 | $0.21 | $0.20 | $0.21 | $0.21 |
| QoQ Change | — | -29.7% | +33.3% | -25.5% | -11.6% | +82.9% | -18.6% | +7.8% | -1.0% | +1.0% | +4.3% | -3.7% | -99.5% | >999% | -1.9% | +4.9% | -1.4% |
| YoY Change | — | — | — | -30.1% | -12.2% | — | -2.0% | +41.8% | +58.9% | +7.8% | +4.3% | +1.5% | — | +0.0% | -6.0% | +2.4% | +1.4% |
Range$0.00 – $0.24
CAGR+0.1%
Avg YoY Growth+5.6%
Median YoY Growth+1.5%
Effective Tax Rate, Continuing Operations at Other Companies
Frequently Asked Questions
- What is Progressive's effective tax rate, continuing operations?
- Progressive (PGR) reported effective tax rate, continuing operations of $0.21 in Q1 2026.
- How has Progressive's effective tax rate, continuing operations changed year-over-year?
- Progressive's effective tax rate, continuing operations increased by 1.4% year-over-year, from $0.21 to $0.21.
- What does effective tax rate, continuing operations mean?
- The actual percentage of pre-tax income paid in taxes from continuing business operations.