Non-Current Assets
PP&E (Net)
Progressive PP&E (Net) increased by 1.1% to $792M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.3%, from $854M to $792M. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows a downward trend with a -6.7% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 4, 2026
How to read this metric
An increase may indicate capital investment in infrastructure, while a decrease suggests depreciation outpacing new investment or asset divestiture.
Detailed definition
This represents the book value of tangible long-lived assets used in operations, such as office buildings, technology in...
Peer comparison
Varies significantly based on whether the company owns or leases its corporate real estate and technology hardware.
Metric ID:
property_plant_equipment_netHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.09B | $1.16B | $1.14B | $1.1B | $1.12B | $1.07B | $1.03B | $949M | $989M | $919.8M | $881M | $756M | $713M | $689M | $790M | $854M | $820M | $790M | $783M | $792M |
| QoQ Change | — | +6.9% | -2.0% | -2.9% | +1.8% | -5.1% | -3.1% | -8.2% | +4.2% | -7.0% | -4.2% | -14.2% | -5.7% | -3.4% | +14.7% | +8.1% | -4.0% | -3.7% | -0.9% | +1.1% |
| YoY Change | — | — | — | — | +3.5% | -8.1% | -9.1% | -14.1% | -12.1% | -13.8% | -14.8% | -20.3% | -27.9% | -25.1% | -10.3% | +13.0% | +15.0% | +14.7% | -0.9% | -7.3% |
Range$689M – $1.16B
CAGR-6.4%
Avg YoY Growth-7.3%
Median YoY Growth-9.7%
PP&E (Net) at Other Companies
Frequently Asked Questions
- 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?
- The net value of physical assets like buildings and equipment after accounting for wear and tear.