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Progressive PGR Deferred Tax Assets

Deferred Tax Assets at other companies

The Travelers Companies logo
The Travelers CompaniesTRV
$1.1B-32.8%
Selective Insurance Group logo
Selective Insurance GroupSIGI
$133.65M-0.4%
Universal Insurance Holdings logo
Universal Insurance HoldingsUVE
$37.81M-18.2%
Allstate logo
AllstateALL
$12M-94.8%
The Hanover Insurance Group logo
The Hanover Insurance GroupTHG
$102.3M-27.9%
The Hartford Financial Services Group logo
The Hartford Financial Services GroupHIG

Other financials

Income statement

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Revenue$22.2B+8.7%
Net income$2.8B+9.8%
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$32.0B+10.7%
Total assets$122.21B+9.7%

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$128.38B-16.4%
Enterprise value$136.6B-14.8%
P/E11.1×-6.5×
P/S1.4×-0.5×

Profitability

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

Returns & leverage

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Return on equity37.9%+3.6pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by Progressive in its filing.

Tagged under the XBRL concept us-gaap:DeferredIncomeTaxAssetsNet.

The official record: Progressive’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Progressive's deferred tax assets?
Progressive (PGR) reported deferred tax assets of $742M in Q1 2026.
How has Progressive's deferred tax assets changed year-over-year?
Progressive's deferred tax assets decreased by 13.7% year-over-year, from $860M to $742M.
What does deferred tax assets mean?
Represents future tax benefits arising from temporary differences between the book value of assets/liabilities and their tax basis, or from carry-forward tax losses. These assets are realized when the firm generates sufficient taxable income to offset these differences. It serves as an indicator of future tax savings potential.