Progressive Corp Cash Flow-to-Debt Ratio
Progressive Corp cash flow-to-debt ratio. Progressive Corp (PGR) has a Cash Flow-to-Debt Ratio of 0.04x as of June 2026, meaning its operating cash flow of $3.61 Billion could theoretically repay 0% of its total liabilities ($90.59 Billion) in one year. Check how high is Progressive Corp's earnings quality to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Progressive Corp (1989–2025)
Cash flow-to-debt ratio of Progressive Corp from 1989 to 2025. Historical debt coverage capacity for Progressive Corp across 37 annual periods. Check PGR cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Progressive Corp Cash Flow-to-Debt Ratio by Year (1989–2025)
Progressive Corp cash flow-to-debt ratio by year from 1989 to 2025. Year-by-year debt coverage analysis for Progressive Corp. For the full cash flow conversion analysis, see how efficiently does Progressive Corp generate cash.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.19x | $17.55 Billion | $92.72 Billion | ▲ +0.3% |
| 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 | — |