Progressive Corp (PGR) — Defensive Interval Ratio
Progressive Corp (PGR) has a Defensive Interval Ratio of 85 days as of March 2026. Defensive assets of $19.08 Billion (cash $-, short-term investments $1.98 Billion, receivables $17.11 Billion) cover 85 days of daily cash needs of $225.22 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Progressive Corp Defensive Interval Ratio (1994–2025)
This chart shows how Progressive Corp's Defensive Interval Ratio has evolved across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 85 days, meaning defensive assets of $19.08 Billion can fund 85 days of operations without new revenue. For the complete balance sheet picture, see PGR current and non-current assets.
Annual Defensive Interval Ratio for Progressive Corp (1994–2025)
The table below presents the year-by-year Defensive Interval Ratio for Progressive Corp from 1994 to 2025, covering 32 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital to net assets of Progressive Corp to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 212 days | $39.83 Billion | $187.75 Million/day | $- | $19.71 Billion | ▼ -339 days |
| 2024 | 552 days | $95.08 Billion | $172.37 Million/day | $- | $75.95 Billion | ▲ +21 days |
| 2023 | 530 days | $79.22 Billion | $149.38 Million/day | $- | $62.17 Billion | ▼ -3808 days |
| 2022 | 4338 days | $65.76 Billion | $15.16 Million/day | $- | $49.51 Billion | ▲ +3321 days |
| 2021 | 1017 days | $59.20 Billion | $58.20 Million/day | $- | $44.82 Billion | ▲ +8 days |
| 2020 | 1009 days | $54.21 Billion | $53.71 Million/day | $- | $42.03 Billion | ▼ -15 days |
| 2019 | 1024 days | $45.80 Billion | $44.73 Million/day | $- | $34.91 Billion | ▲ +600 days |
| 2018 | 424 days | $36.40 Billion | $85.89 Million/day | $- | $29.91 Billion | ▲ +26 days |
| 2017 | 398 days | $28.49 Billion | $71.60 Million/day | $- | $23.07 Billion | ▲ +0 days |
| 2016 | 398 days | $24.33 Billion | $61.16 Million/day | $- | $19.82 Billion | ▲ +2 days |
| 2015 | 396 days | $21.49 Billion | $54.31 Million/day | $- | $17.50 Billion | ▼ -25 days |
| 2014 | 421 days | $19.24 Billion | $45.74 Million/day | $- | $15.70 Billion | ▼ -3285 days |
| 2013 | 3706 days | $18.12 Billion | $4.89 Million/day | $- | $14.81 Billion | ▲ +3283 days |
| 2012 | 423 days | $16.95 Billion | $40.07 Million/day | $- | $13.76 Billion | ▼ -2188 days |
| 2011 | 2611 days | $16.24 Billion | $6.22 Million/day | $- | $13.31 Billion | ▼ -27505 days |
| 2010 | 30116 days | $4.02 Billion | $133.42K/day | $- | $1.09 Billion | ▼ -5212 days |
| 2009 | 35328 days | $3.53 Billion | $100.00K/day | $- | $1.08 Billion | ▼ -19233736861 days |
| 2008 | 19233772189 days | $3.56 Billion | $0.19/day | $- | $1.15 Billion | ▼ -2805086506 days |
| 2007 | 22038858696 days | $2.78 Billion | $0.13/day | $- | $382.40 Million | ▼ -127825274638 days |
| 2006 | 149864133333 days | $3.08 Billion | $0.02/day | $- | $581.20 Million | ▲ +149864132542 days |
| 2005 | 791 days | $3.27 Billion | $4.14 Million/day | $- | $773.60 Million | ▼ -326 days |
| 2004 | 1117 days | $4.05 Billion | $3.63 Million/day | $- | $1.38 Billion | ▲ +268 days |
| 2003 | 848 days | $3.00 Billion | $3.53 Million/day | $- | $648.00 Million | ▼ -12197082485 days |
| 2002 | 12197083333 days | $2.53 Billion | $0.21/day | $- | $567.80 Million | ▼ -4720944989 days |
| 2001 | 16918028322 days | $2.13 Billion | $0.13/day | $- | $227.40 Million | ▲ +16918028196 days |
| 2000 | 126 days | $2.23 Billion | $17.62 Million/day | $- | $186.80 Million | ▼ -28 days |
| 1999 | 155 days | $2.50 Billion | $16.17 Million/day | $- | $229.00 Million | ▼ -21 days |
| 1998 | 175 days | $2.46 Billion | $14.05 Million/day | $- | $441.90 Million | ▲ +27 days |
| 1997 | 148 days | $1.89 Billion | $12.73 Million/day | $- | $409.40 Million | ▲ +22 days |
| 1996 | 126 days | $1.29 Billion | $10.22 Million/day | $- | $159.70 Million | ▼ -21 days |
| 1995 | 147 days | $1.29 Billion | $8.77 Million/day | $- | $302.80 Million | ▼ -7 days |
| 1994 | 154 days | $1.20 Billion | $7.80 Million/day | $- | $279.10 Million | — |