What is Progressive's net transfers in (out)?

Progressive (PGR) reported net transfers in (out) of $0 in Q1 2026.

What is the long-term trend for Progressive's net transfers in (out)?

Over 4 years (2021 to 2025), Progressive's net transfers in (out) has grown at a -100.0% compound annual growth rate (CAGR), from -$50M to $0.

What does net transfers in (out) mean?

Represents the net movement of assets into or out of the Level 3 fair value category during the period. This reflects changes in the availability of observable market data for specific financial instruments.

Progressive PGR Net Transfers In (Out)

Net Transfers In (Out) at other companies

Virtu FinancialVIRT

$0—

StepStone Group Inc.STEP

$0—

Capital City Bank GroupCCBG

$4.4M+10.0%

Lesaka Technologies, Inc.LSAK

$0—

Bank of the James Financial GroupBOTJ

$0—

ProgressivePGR

$0—

Other financials

Income statement

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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

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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$124B-12.6%

P/E10.6×-3.0×

Profitability

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Net margin12.9%+1.8pp

FCF margin18.4%-1.7pp

Returns & leverage

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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:FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet.

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 net transfers in (out)?: Progressive (PGR) reported net transfers in (out) of $0 in Q1 2026.
What is the long-term trend for Progressive's net transfers in (out)?: Over 4 years (2021 to 2025), Progressive's net transfers in (out) has grown at a -100.0% compound annual growth rate (CAGR), from -$50M to $0.
What does net transfers in (out) mean?: Represents the net movement of assets into or out of the Level 3 fair value category during the period. This reflects changes in the availability of observable market data for specific financial instruments.