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. Explore Progressive Corp strategic investment ratio to see how much of total assets are deployed in long-term investments.
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 Progressive Corp (PGR) total assets for the complete picture of this company's asset base.
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 stock valuation.
| 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 | — |