What is Progressive's long-term debt?

Progressive (PGR) reported long-term debt of $8.39B in Q2 2026.

How has Progressive's long-term debt changed year-over-year?

Progressive's long-term debt increased by 21.6% year-over-year, from $6.9B to $8.39B.

What is the long-term trend for Progressive's long-term debt?

Over 5 years (2020 to 2025), Progressive's long-term debt has grown at a 5.0% compound annual growth rate (CAGR), from $5.4B to $6.9B.

What does long-term debt mean?

Bonds, term loans, notes payable, and other borrowings with maturities beyond one year — the primary long-term financing source.

Progressive PGR Long-Term Debt

Long-Term Debt at other companies

Cincinnati FinancialCINF

$791M+0.1%

The Travelers CompaniesTRV

$9.07B+12.9%

Selective Insurance GroupSIGI

$900.96M-0.2%

KemperKMPR

$944M+0.2%

The Hartford Financial Services GroupHIG

$4.37B+0.1%

Universal Insurance HoldingsUVE

$97.85M-3.0%

Other financials

Income statement

See full

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

See full

Operating cash flow$4.4B-15.1%

CapEx$63.0M+6.8%

Free cash flow$4.3B-15.3%

Valuation

See full

Market cap$124.32B-12.0%

P/E10.6×-2.9×

Profitability

See full

Net margin12.9%+1.8pp

FCF margin18.4%-1.7pp

Returns & leverage

See full

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:LongTermDebt.

The official record: Progressive’s 8-K, filed July 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Progressive's long-term debt?: Progressive (PGR) reported long-term debt of $8.39B in Q2 2026.
How has Progressive's long-term debt changed year-over-year?: Progressive's long-term debt increased by 21.6% year-over-year, from $6.9B to $8.39B.
What is the long-term trend for Progressive's long-term debt?: Over 5 years (2020 to 2025), Progressive's long-term debt has grown at a 5.0% compound annual growth rate (CAGR), from $5.4B to $6.9B.
What does long-term debt mean?: Bonds, term loans, notes payable, and other borrowings with maturities beyond one year — the primary long-term financing source.