Progressive Corp (PGR) — Cash Flow-to-Debt Ratio
Progressive Corp (PGR) has a Cash Flow-to-Debt Ratio of 0.06x as of September 2025, meaning its operating cash flow of $5.20 Billion could theoretically repay 0% of its total liabilities ($86.49 Billion) in one year. See free cash flow generation of Progressive Corp to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Progressive Corp Cash Flow-to-Debt Ratio (1989–2024)
Historical debt coverage capacity for Progressive Corp across 36 annual periods. Also explore PGR shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Progressive Corp (1989–2024)
Year-by-year debt coverage analysis for Progressive Corp. For market capitalisation and broader financial context, see Progressive Corp market capitalisation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.19x | $15.12 Billion | $80.15 Billion | ▲ +21.2% |
| 2023 | 0.16x | $10.64 Billion | $68.41 Billion | ▲ +35.3% |
| 2022 | 0.11x | $6.85 Billion | $59.57 Billion | ▼ -21.6% |
| 2021 | 0.15x | $7.76 Billion | $52.90 Billion | ▼ 0.0% |
| 2020 | 0.15x | $6.91 Billion | $47.06 Billion | ▼ -3.4% |
| 2019 | 0.15x | $6.26 Billion | $41.22 Billion | ▼ -13.6% |
| 2018 | 0.18x | $6.28 Billion | $35.75 Billion | ▲ +37.6% |
| 2017 | 0.13x | $3.76 Billion | $29.42 Billion | ▲ +20.4% |
| 2016 | 0.11x | $2.70 Billion | $25.47 Billion | ▲ +4.2% |
| 2015 | 0.10x | $2.29 Billion | $22.53 Billion | ▲ +11.2% |
| 2014 | 0.09x | $1.73 Billion | $18.86 Billion | ▼ -12.3% |
| 2013 | 0.10x | $1.90 Billion | $18.22 Billion | ▲ +2.9% |
| 2012 | 0.10x | $1.69 Billion | $16.69 Billion | ▲ +8.5% |
| 2011 | 0.09x | $1.50 Billion | $16.04 Billion | ▼ -16.0% |
| 2010 | 0.11x | $1.68 Billion | $15.10 Billion | ▲ +7.0% |
| 2009 | 0.10x | $1.49 Billion | $14.30 Billion | ▼ -5.8% |
| 2008 | 0.11x | $1.55 Billion | $14.04 Billion | ▼ -14.3% |
| 2007 | 0.13x | $1.79 Billion | $13.91 Billion | ▼ -19.6% |
| 2006 | 0.16x | $2.02 Billion | $12.64 Billion | ▲ +2.8% |
| 2005 | 0.16x | $1.99 Billion | $12.79 Billion | ▼ -29.6% |
| 2004 | 0.22x | $2.66 Billion | $12.03 Billion | ▲ +2.2% |
| 2003 | 0.22x | $2.44 Billion | $11.25 Billion | ▲ +11.0% |
| 2002 | 0.20x | $1.91 Billion | $9.80 Billion | ▲ +24.4% |
| 2001 | 0.16x | $1.23 Billion | $7.87 Billion | ▲ +37.0% |
| 2000 | 0.11x | $822.40 Million | $7.18 Billion | ▲ +2.7% |
| 1999 | 0.11x | $775.10 Million | $6.95 Billion | ▲ +6.6% |
| 1998 | 0.10x | $618.00 Million | $5.91 Billion | ▼ -22.8% |
| 1997 | 0.14x | $734.70 Million | $5.42 Billion | ▼ -6.4% |
| 1996 | 0.14x | $652.20 Million | $4.51 Billion | ▲ +5.7% |
| 1995 | 0.14x | $530.60 Million | $3.88 Billion | ▲ +6.9% |
| 1994 | 0.13x | $451.30 Million | $3.52 Billion | ▲ +19.3% |
| 1993 | 0.11x | $323.50 Million | $3.01 Billion | ▲ +69.4% |
| 1992 | 0.06x | $150.60 Million | $2.38 Billion | ▼ -16.4% |
| 1991 | 0.08x | $190.60 Million | $2.51 Billion | ▲ +171.2% |
| 1990 | -0.11x | $-72.20 Million | $677.70 Million | ▼ -222.1% |
| 1989 | 0.09x | $193.00 Million | $2.21 Billion | — |