Discontinued — last reported Q3 '17

Operating Expenses

Restricted Stock Expense

Progressive Restricted Stock Expense remained flat by 0.0% to $42.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 16.0%, from $36.20M to $42.00M. Over 4 years (FY 2021 to FY 2025), Restricted Stock Expense shows an upward trend with a 7.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2015
Last reportedQ3 2017

How to read this metric

An increase reflects higher investment in human capital or rising share prices, but also represents dilution to existing shareholders.

Detailed definition

The compensation expense recognized in the income statement related to equity-based awards granted to employees, which v...

Peer comparison

Standardized for companies using equity-based compensation; compared as a percentage of total operating expenses.

Metric ID: is_tmo_restricted_stock_expense

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$26.90M$26.00M$32.00M$17.30M$26.40M$26.00M$53.00M$15.90M$27.90M$42.90M$34.60M$16.80M$31.70M$37.30M$36.20M$16.00M$32.00M$42.00M$42.00M
QoQ Change-3.3%+23.1%-45.9%+52.6%-1.5%+103.8%-70.0%+75.5%+53.8%-19.3%-51.4%+88.7%+17.7%-2.9%-55.8%+100.0%+31.3%+0.0%
YoY Change-1.9%+0.0%+65.6%-8.1%+5.7%+65.0%-34.7%+5.7%+13.6%-13.1%+4.6%-4.8%+0.9%+12.6%+16.0%
Range$15.90M$53.00M
CAGR+10.4%
Avg YoY Growth+8.5%
Median YoY Growth+4.6%
Current Streak3 quarters growth

Frequently Asked Questions

What is Progressive's restricted stock expense?
Progressive (PGR) reported restricted stock expense of $42.00M in Q4 2025.
How has Progressive's restricted stock expense changed year-over-year?
Progressive's restricted stock expense increased by 16.0% year-over-year, from $36.20M to $42.00M.
What is the long-term trend for Progressive's restricted stock expense?
Over 4 years (2021 to 2025), Progressive's restricted stock expense has grown at a 7.0% compound annual growth rate (CAGR), from $100.70M to $132.00M.
What does restricted stock expense mean?
The cost of stock-based compensation given to employees as part of their pay package.

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