Progressive Corp Free Cash Flow Generation Index

Latest as of June 2026: 0.96x

Progressive Corp free cash flow generation index. Progressive Corp (PGR) has a Free Cash Flow Generation Index of 0.96x as of June 2026. Free cash flow of $3.47 Billion represents 1% of operating cash flow ($3.61 Billion).

FCF Generation Index

0.96x
Free Cash Flow / Operating CF

Free Cash Flow

$3.47 Billion
USD

Operating Cash Flow

$3.61 Billion
USD

Capital Expenditures

$138.00 Million
USD

Free Cash Flow Generation Index of Progressive Corp (1989–2025)

Free cash flow generation index of Progressive Corp from 1989 to 2025. Historical FCF Generation Index trend for Progressive Corp across 36 annual periods. See how financially flexible is Progressive Corp to measure the company's free cash flow as a share of total liabilities.

Progressive Corp Free Cash Flow Generation Index by Year (1989–2025)

Progressive Corp free cash flow generation index by year from 1989 to 2025. Year-by-year Free Cash Flow Generation Index for Progressive Corp. For the full cash flow conversion analysis, see how efficiently does Progressive Corp generate cash.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.98x $17.20 Billion $17.55 Billion $348.00 Million ▼ -0.1%
2024 0.98x $14.83 Billion $15.12 Billion $285.00 Million ▲ +0.5%
2023 0.98x $10.39 Billion $10.64 Billion $252.00 Million ▲ +2.0%
2022 0.96x $6.56 Billion $6.85 Billion $292.00 Million ▼ -1.2%
2021 0.97x $7.52 Billion $7.76 Billion $243.50 Million ▲ +0.1%
2020 0.97x $6.68 Billion $6.91 Billion $223.50 Million ▲ +2.7%
2019 0.94x $5.90 Billion $6.26 Billion $363.50 Million ▼ -1.6%
2018 0.96x $6.02 Billion $6.28 Billion $266.00 Million ▼ -0.1%
2017 0.96x $3.60 Billion $3.76 Billion $155.70 Million ▲ +4.1%
2016 0.92x $2.49 Billion $2.70 Billion $215.00 Million ▼ -2.4%
2015 0.94x $2.16 Billion $2.29 Billion $130.70 Million ▲ +0.6%
2014 0.94x $1.62 Billion $1.73 Billion $108.10 Million ▲ +1.2%
2013 0.93x $1.76 Billion $1.90 Billion $140.40 Million ▲ +0.2%
2012 0.92x $1.56 Billion $1.69 Billion $127.70 Million ▼ -2.4%
2011 0.95x $1.42 Billion $1.50 Billion $78.90 Million ▼ -1.5%
2010 0.96x $1.61 Billion $1.68 Billion $64.70 Million ▲ +0.7%
2009 0.96x $1.42 Billion $1.49 Billion $66.60 Million ▲ +2.0%
2008 0.94x $1.45 Billion $1.55 Billion $98.50 Million ▲ +1.4%
2007 0.92x $1.65 Billion $1.79 Billion $136.30 Million ▲ +10.7%
2006 0.83x $1.69 Billion $2.02 Billion $334.30 Million ▼ -6.2%
2005 0.89x $1.77 Billion $1.99 Billion $219.30 Million ▼ -4.1%
2004 0.93x $2.47 Billion $2.66 Billion $192.00 Million ▼ -0.2%
2003 0.93x $2.27 Billion $2.44 Billion $171.10 Million ▼ -2.4%
2002 0.95x $1.82 Billion $1.91 Billion $89.90 Million ▲ +1.5%
2001 0.94x $1.16 Billion $1.23 Billion $74.90 Million ▲ +11.6%
2000 0.84x $692.10 Million $822.40 Million $130.30 Million ▲ +3.9%
1999 0.81x $627.60 Million $775.10 Million $147.50 Million ▲ +12.8%
1998 0.72x $443.80 Million $618.00 Million $174.20 Million ▼ -13.9%
1997 0.83x $612.80 Million $734.70 Million $121.90 Million ▼ -11.7%
1996 0.95x $616.40 Million $652.20 Million $35.80 Million ▲ +1.9%
1995 0.93x $492.30 Million $530.60 Million $38.30 Million ▲ +6.5%
1994 0.87x $393.10 Million $451.30 Million $58.20 Million ▲ +6.9%
1993 0.81x $263.50 Million $323.50 Million $60.00 Million ▼ -11.4%
1992 0.92x $138.50 Million $150.60 Million $12.10 Million ▲ +20.5%
1991 0.76x $145.50 Million $190.60 Million $45.10 Million ▼ -16.3%
1989 0.91x $176.10 Million $193.00 Million $16.90 Million —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).