Progressive Corp (PGR) — Financial Flexibility Index
Progressive Corp (PGR) has a Financial Flexibility Index of 0.06x as of September 2025. Free cash flow of $5.26 Billion (operating CF $5.20 Billion minus capex $66.00 Million) represents 0% of total liabilities ($86.49 Billion). Check Progressive Corp (PGR) strategic asset index to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Progressive Corp Financial Flexibility Index (1989–2024)
Historical Financial Flexibility Index trend for Progressive Corp across 36 annual periods. See working capital position of Progressive Corp to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Progressive Corp (1989–2024)
Year-by-year free cash flow to debt coverage for Progressive Corp. For the full company profile including market capitalisation, see PGR stock market capitalisation.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.19x | $15.40 Billion | $15.12 Billion | $80.15 Billion | ▲ +20.7% |
| 2023 | 0.16x | $10.90 Billion | $10.64 Billion | $68.41 Billion | ▲ +32.9% |
| 2022 | 0.12x | $7.14 Billion | $6.85 Billion | $59.57 Billion | ▼ -20.8% |
| 2021 | 0.15x | $8.01 Billion | $7.76 Billion | $52.90 Billion | ▼ -0.1% |
| 2020 | 0.15x | $7.13 Billion | $6.91 Billion | $47.06 Billion | ▼ -5.7% |
| 2019 | 0.16x | $6.63 Billion | $6.26 Billion | $41.22 Billion | ▼ -12.3% |
| 2018 | 0.18x | $6.55 Billion | $6.28 Billion | $35.75 Billion | ▲ +37.8% |
| 2017 | 0.13x | $3.91 Billion | $3.76 Billion | $29.42 Billion | ▲ +16.1% |
| 2016 | 0.11x | $2.92 Billion | $2.70 Billion | $25.47 Billion | ▲ +6.5% |
| 2015 | 0.11x | $2.42 Billion | $2.29 Billion | $22.53 Billion | ▲ +10.6% |
| 2014 | 0.10x | $1.83 Billion | $1.73 Billion | $18.86 Billion | ▼ -13.2% |
| 2013 | 0.11x | $2.04 Billion | $1.90 Billion | $18.22 Billion | ▲ +2.7% |
| 2012 | 0.11x | $1.82 Billion | $1.69 Billion | $16.69 Billion | ▲ +10.9% |
| 2011 | 0.10x | $1.58 Billion | $1.50 Billion | $16.04 Billion | ▼ -14.9% |
| 2010 | 0.12x | $1.74 Billion | $1.68 Billion | $15.10 Billion | ▲ +6.3% |
| 2009 | 0.11x | $1.55 Billion | $1.49 Billion | $14.30 Billion | ▼ -7.5% |
| 2008 | 0.12x | $1.65 Billion | $1.55 Billion | $14.04 Billion | ▼ -15.3% |
| 2007 | 0.14x | $1.93 Billion | $1.79 Billion | $13.91 Billion | ▼ -25.8% |
| 2006 | 0.19x | $2.36 Billion | $2.02 Billion | $12.64 Billion | ▲ +7.9% |
| 2005 | 0.17x | $2.21 Billion | $1.99 Billion | $12.79 Billion | ▼ -27.1% |
| 2004 | 0.24x | $2.85 Billion | $2.66 Billion | $12.03 Billion | ▲ +2.4% |
| 2003 | 0.23x | $2.61 Billion | $2.44 Billion | $11.25 Billion | ▲ +13.4% |
| 2002 | 0.20x | $2.00 Billion | $1.91 Billion | $9.80 Billion | ▲ +22.8% |
| 2001 | 0.17x | $1.31 Billion | $1.23 Billion | $7.87 Billion | ▲ +25.4% |
| 2000 | 0.13x | $952.70 Million | $822.40 Million | $7.18 Billion | ▼ 0.0% |
| 1999 | 0.13x | $922.60 Million | $775.10 Million | $6.95 Billion | ▼ -1.1% |
| 1998 | 0.13x | $792.20 Million | $618.00 Million | $5.91 Billion | ▼ -15.1% |
| 1997 | 0.16x | $856.60 Million | $734.70 Million | $5.42 Billion | ▲ +3.5% |
| 1996 | 0.15x | $688.00 Million | $652.20 Million | $4.51 Billion | ▲ +4.0% |
| 1995 | 0.15x | $568.90 Million | $530.60 Million | $3.88 Billion | ▲ +1.5% |
| 1994 | 0.14x | $509.50 Million | $451.30 Million | $3.52 Billion | ▲ +13.6% |
| 1993 | 0.13x | $383.50 Million | $323.50 Million | $3.01 Billion | ▲ +85.9% |
| 1992 | 0.07x | $162.70 Million | $150.60 Million | $2.38 Billion | ▼ -27.0% |
| 1991 | 0.09x | $235.70 Million | $190.60 Million | $2.51 Billion | ▲ +188.0% |
| 1990 | -0.11x | $-72.20 Million | $-72.20 Million | $677.70 Million | ▼ -212.3% |
| 1989 | 0.09x | $209.90 Million | $193.00 Million | $2.21 Billion | — |