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Progressive PGR Unearned premiums

Unearned premiums at other companies

Cincinnati Financial logo
Cincinnati FinancialCINF
$5.72B+5.1%
The Travelers Companies logo
The Travelers CompaniesTRV
$23.33B+0.2%
Selective Insurance Group logo
Selective Insurance GroupSIGI
$2.77B-1.8%
The Hartford Financial Services Group logo
The Hartford Financial Services GroupHIG
$10.84B+4.8%
Universal Insurance Holdings logo
Universal Insurance HoldingsUVE
$1.14B+5.2%
Allstate logo
AllstateALL
$29.39B+4.9%

Other financials

Income statement

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Revenue$22.2B+8.7%
Net income$3.3B+4.3%
EPS (diluted)$4.80+9.8%

Balance sheet

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Cash & equivalents$162.0M-16.9%
Total debt$8.4B+21.6%
Total equity$34.3B+5.3%
Total assets$124.93B+8.2%

Cash flow

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Operating cash flow$4.4B-15.1%
CapEx$63.0M+6.8%
Free cash flow$4.3B-15.3%

Valuation

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Market cap$123.69B-14.8%
P/E10.6×-3.3×

Profitability

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Net margin12.9%+1.8pp
FCF margin18.4%-1.7pp

Returns & leverage

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Return on equity34.9%-2.4pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by Progressive in its filing.

Tagged under the XBRL concept us-gaap:UnearnedPremiums.

The source filing: Progressive’s 8-K, filed July 15, 2026. Open the filing →

Filed
Jul 15, 2026, 9:50 AM EDT
Accession
0000080661-26-000262

FAQ

What is Progressive's unearned premiums?
Progressive (PGR) reported unearned premiums of $27.4B in Q2 2026.
How has Progressive's unearned premiums changed year-over-year?
Progressive's unearned premiums increased by 4.0% year-over-year, from $26.34B to $27.4B.
What is the long-term trend for Progressive's unearned premiums?
Over 5 years (2020 to 2025), Progressive's unearned premiums has grown at a 13.4% compound annual growth rate (CAGR), from $13.44B to $25.22B.
What does unearned premiums mean?
This represents the portion of written insurance premiums that the company has collected but has not yet earned because the policy coverage period is still active. As time passes, this liability is recognized as earned premium revenue on the income statement. It is a critical measure of the company's future revenue pipeline and current insurance volume.

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