What is Progressive's PP&E (net)?

Progressive (PGR) reported PP&E (net) of $792M in Q1 2026.

How has Progressive's PP&E (net) changed year-over-year?

Progressive's PP&E (net) decreased by 7.3% year-over-year, from $854M to $792M.

What is the long-term trend for Progressive's PP&E (net)?

Over 5 years (2020 to 2025), Progressive's PP&E (net) has grown at a -6.7% compound annual growth rate (CAGR), from $1.11B to $783M.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Progressive PGR PP&E (Net)

PP&E (Net) at other companies

Cincinnati FinancialCINF

$211M-1.4%

Selective Insurance GroupSIGI

$116.5M+16.5%

The Hartford Financial Services GroupHIG

$867M-4.3%

Universal Insurance HoldingsUVE

$48.64M+2.0%

AllstateALL

$606M-4.1%

HCI GroupHCI

$28.24M-6.6%

Other financials

Income statement

See full

Revenue$22.2B+8.7%

Net income$3.3B+4.3%

EPS (diluted)$4.80+9.8%

Balance sheet

See full

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

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$124.32B-12.0%

P/E10.6×-2.9×

Profitability

See full

Net margin12.9%+1.8pp

FCF margin18.4%-1.7pp

Returns & leverage

See full

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:PropertyPlantAndEquipmentNet.

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 PP&E (net)?: Progressive (PGR) reported PP&E (net) of $792M in Q1 2026.
How has Progressive's PP&E (net) changed year-over-year?: Progressive's PP&E (net) decreased by 7.3% year-over-year, from $854M to $792M.
What is the long-term trend for Progressive's PP&E (net)?: Over 5 years (2020 to 2025), Progressive's PP&E (net) has grown at a -6.7% compound annual growth rate (CAGR), from $1.11B to $783M.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.