Other

Tax benefit

Progressive Tax benefit remained flat by 0.0% to $4.50M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 5.9%, from $4.25M to $4.50M. Over 2 years (FY 2023 to FY 2025), Tax benefit shows relatively stable performance with a 2.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOther
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ4 2025Mar 2, 2026

How to read this metric

An increase in tax benefits generally follows periods of high option exercise activity.

Detailed definition

The total income tax benefit realized by the company resulting from the exercise or vesting of share-based compensation...

Peer comparison

Standard tax disclosure; highly correlated with the volume and value of employee equity exercises.

Metric ID: other_employee_service_share_based_compensation_tax_bene_20cafc

Historical Data

3 years
 FY'23FY'24FY'25
Value$17.00M$17.00M$18.00M
YoY Change+0.0%+5.9%
Range$17.00M$18.00M
CAGR+2.9%
Avg YoY Growth+2.9%
Median YoY Growth+2.9%
Current Streak2+ years growth

Frequently Asked Questions

What is Progressive's tax benefit?
Progressive (PGR) reported tax benefit of $4.50M in Q4 2025.
How has Progressive's tax benefit changed year-over-year?
Progressive's tax benefit increased by 5.9% year-over-year, from $4.25M to $4.50M.
What is the long-term trend for Progressive's tax benefit?
Over 2 years (2023 to 2025), Progressive's tax benefit has grown at a 2.9% compound annual growth rate (CAGR), from $17.00M to $18.00M.
What does tax benefit mean?
The tax savings the company receives when employees exercise or vest their stock awards.