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Progressive PGR Sale of investments

Sale of investments at other companies

HCI Group logo
HCI GroupHCI
$1.77M+136%
The Travelers Companies logo
The Travelers CompaniesTRV
Universal Insurance Holdings logo
Universal Insurance HoldingsUVE

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$124.38B-13.4%
P/E10.6×-3.1×

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:ProceedsFromSaleOfAvailableForSaleSecuritiesDebt.

The source filing: Progressive’s 10-Q, filed May 4, 2026.

Filed
May 4, 2026, 9:59 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000080661-26-000177
Three Months Ended March 31,20262025
Fixed maturities(19,291)(17,324)
Equity securities(57)(86)
Sales:
Fixed maturities11,11514,721
Equity securities56149
Maturities, paydowns, calls, and other:
Fixed maturities2,5491,950
Equity securities15287

Item 1. Financial Statements.

FAQ

What is Progressive's sale of investments?
Progressive (PGR) reported sale of investments of $11.12B in Q1 2026.
How has Progressive's sale of investments changed year-over-year?
Progressive's sale of investments decreased by 24.5% year-over-year, from $14.72B to $11.12B.
What is the long-term trend for Progressive's sale of investments?
Over 4 years (2021 to 2025), Progressive's sale of investments has grown at a 17.1% compound annual growth rate (CAGR), from $18.97B to $35.7B.
What does sale of investments mean?
Represents the cash inflows received from the sale of debt securities classified as available-for-sale. This metric reflects the company's active management of its fixed-income investment portfolio to optimize liquidity or capture market gains.

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