What is Progressive's U.S. state and local?

Progressive (PGR) reported U.S. state and local of $18.75M in Q4 2025.

How has Progressive's U.S. state and local changed year-over-year?

Progressive's U.S. state and local increased by 29.3% year-over-year, from $14.5M to $18.75M.

What is the long-term trend for Progressive's U.S. state and local?

Over 4 years (2021 to 2025), Progressive's U.S. state and local has grown at a 38.0% compound annual growth rate (CAGR), from $20.7M to $75M.

Progressive PGR U.S. state and local

U.S. state and local at other companies

NetAppNTAP

$7.25M—

SyscoSYY

$26M-16.8%

Two Harbors Investment CorporationTWO

$4.29M+33.1%

Lattice SemiconductorLSCC

$114.75K-37.1%

Devon EnergyDVN

$0—

Two Harbors Investment CorporationTWO

——

Other financials

Income statement

See full

Revenue$22.2B+8.7%

Net income$2.8B+9.8%

EPS (diluted)$4.80+9.8%

Balance sheet

See full

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

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$119.28B-30.1%

Enterprise value$127.5B-28.1%

P/E10.3×-9.3×

P/S1.3×-0.8×

Profitability

See full

Net margin12.9%+1.8pp

Returns & leverage

See full

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:CurrentStateAndLocalTaxExpenseBenefit.

The official record: Progressive’s 10-K, filed March 2, 2026, on SEC EDGAR. View the filing →

Ask your AI about Progressive's u.s. state and local.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Progressive's U.S. state and local?: Progressive (PGR) reported U.S. state and local of $18.75M in Q4 2025.
How has Progressive's U.S. state and local changed year-over-year?: Progressive's U.S. state and local increased by 29.3% year-over-year, from $14.5M to $18.75M.
What is the long-term trend for Progressive's U.S. state and local?: Over 4 years (2021 to 2025), Progressive's U.S. state and local has grown at a 38.0% compound annual growth rate (CAGR), from $20.7M to $75M.