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Progressive PGR Other Indemnity — Other operating expenses

Other segment segments

Personal Lines Segment
$11.25B+34.9%

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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$127.63B-9.8%
P/E10.9×-2.7×

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:SupplementaryInsuranceInformationOtherOperatingExpense.

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

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Questions, answered.

What is Progressive's other indemnity — other operating expenses?
Progressive (PGR) reported other indemnity — other operating expenses of $5.5M in Q4 2025.
How has Progressive's other indemnity — other operating expenses changed year-over-year?
Progressive's other indemnity — other operating expenses increased by 83.3% year-over-year, from $3M to $5.5M.
What is the long-term trend for Progressive's other indemnity — other operating expenses?
Over 4 years (2021 to 2025), Progressive's other indemnity — other operating expenses has grown at a 70.6% compound annual growth rate (CAGR), from $2.6M to $22M.
What does other indemnity — other operating expenses mean?
This encompasses all administrative, overhead, and general operating costs allocated to the Other Indemnity segment that are not directly attributable to claims or policy acquisition. It reflects the operational efficiency and cost structure required to support this specific business line.