Progressive Corp (PGR) - Cash Flow Conversion Efficiency
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. Read Progressive Corp debt and liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Bristol-Myers Squibb Company
NYSE:BMY
|
0.113x |
|
Enbridge Inc
TO:ENB
|
0.049x |
|
Newmont Goldcorp Corp
NYSE:NEM
|
0.069x |
|
BP p.l.c
MX:BPN
|
0.103x |
|
Sony Group Corp
NYSE:SONY
|
0.114x |
|
Banco Bilbao Vizcaya Argentaria SA
MC:BBVA
|
0.278x |
|
China Shenhua Energy Co
SHG:601088
|
0.054x |
|
Newmont Corporation
AU:NEM
|
0.110x |
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. For the full company profile with market capitalisation and key ratios, see PGR market cap overview.
| 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 | -- |
About 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