Progressive Corp
The Progressive Corporation operates as an insurance company in the United States. The company writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft; and personal residential property insurance for homeowners and renters. It also writes auto-related liability and physical damage insurance for comprising dump trucks, log trucks, garbage trucks, … Read more
Progressive Corp (PGR) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 1.138x
Based on the latest financial reports, Progressive Corp (PGR) has a cash flow conversion efficiency ratio of 1.138x as of September 2025.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($5.20 Billion) by net assets ($4.57 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Progressive Corp - Cash Flow Conversion Efficiency Trend (1989–2024)
This chart illustrates how Progressive Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Progressive Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Progressive Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Newmont Goldcorp Corp
NYSE:NEM
|
0.069x |
|
Stryker Corporation
NYSE:SYK
|
0.096x |
|
Bristol-Myers Squibb Company
NYSE:BMY
|
0.113x |
|
Accenture plc
NYSE:ACN
|
0.052x |
|
Contemporary Amperex Technology Co Ltd Class A
SHE:300750
|
0.060x |
|
Intesa Sanpaolo SpA PK
PINK:ISNPY
|
0.011x |
|
Enbridge Inc
NYSE:ENB
|
0.047x |
|
TotalEnergies SE
PINK:TTFNF
|
0.071x |
Annual Cash Flow Conversion Efficiency for Progressive Corp (1989–2024)
The table below shows the annual cash flow conversion efficiency of Progressive Corp from 1989 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $25.59 Billion | $15.12 Billion | 0.591x | +12.55% |
| 2023-12-31 | $20.28 Billion | $10.64 Billion | 0.525x | +21.79% |
| 2022-12-31 | $15.89 Billion | $6.85 Billion | 0.431x | +1.24% |
| 2021-12-31 | $18.23 Billion | $7.76 Billion | 0.426x | +5.04% |
| 2020-12-31 | $17.04 Billion | $6.91 Billion | 0.405x | -11.50% |
| 2019-12-31 | $13.67 Billion | $6.26 Billion | 0.458x | -21.15% |
| 2018-12-31 | $10.82 Billion | $6.28 Billion | 0.581x | +43.53% |
| 2017-12-31 | $9.28 Billion | $3.76 Billion | 0.405x | +19.16% |
| 2016-12-31 | $7.96 Billion | $2.70 Billion | 0.340x | +7.95% |
| 2015-12-31 | $7.29 Billion | $2.29 Billion | 0.315x | +26.30% |
| 2014-12-31 | $6.93 Billion | $1.73 Billion | 0.249x | -18.86% |
| 2013-12-31 | $6.19 Billion | $1.90 Billion | 0.307x | +9.02% |
| 2012-12-31 | $6.01 Billion | $1.69 Billion | 0.282x | +9.15% |
| 2011-12-31 | $5.81 Billion | $1.50 Billion | 0.258x | -7.08% |
| 2010-12-31 | $6.05 Billion | $1.68 Billion | 0.278x | +7.34% |
| 2009-12-31 | $5.75 Billion | $1.49 Billion | 0.259x | -29.63% |
| 2008-12-31 | $4.22 Billion | $1.55 Billion | 0.368x | +1.28% |
| 2007-12-31 | $4.94 Billion | $1.79 Billion | 0.363x | +22.72% |
| 2006-12-31 | $6.85 Billion | $2.02 Billion | 0.296x | -9.43% |
| 2005-12-31 | $6.11 Billion | $1.99 Billion | 0.326x | -36.78% |
| 2004-12-31 | $5.16 Billion | $2.66 Billion | 0.516x | +6.61% |
| 2003-12-31 | $5.03 Billion | $2.44 Billion | 0.484x | -4.54% |
| 2002-12-31 | $3.77 Billion | $1.91 Billion | 0.507x | +33.61% |
| 2001-12-31 | $3.25 Billion | $1.23 Billion | 0.380x | +32.53% |
| 2000-12-31 | $2.87 Billion | $822.40 Million | 0.287x | +1.78% |
| 1999-12-31 | $2.75 Billion | $775.10 Million | 0.282x | +16.50% |
| 1998-12-31 | $2.56 Billion | $618.00 Million | 0.242x | -29.74% |
| 1997-12-31 | $2.14 Billion | $734.70 Million | 0.344x | -11.56% |
| 1996-12-31 | $1.68 Billion | $652.20 Million | 0.389x | +8.18% |
| 1995-12-31 | $1.48 Billion | $530.60 Million | 0.360x | -8.23% |
| 1994-12-31 | $1.15 Billion | $451.30 Million | 0.392x | +20.85% |
| 1993-12-31 | $997.90 Million | $323.50 Million | 0.324x | +35.40% |
| 1992-12-31 | $629.00 Million | $150.60 Million | 0.239x | -41.50% |
| 1991-12-31 | $465.70 Million | $190.60 Million | 0.409x | +331.56% |
| 1990-12-31 | $408.50 Million | $-72.20 Million | -0.177x | -139.85% |
| 1989-12-31 | $435.20 Million | $193.00 Million | 0.443x | -- |