Progressive Corp Tangible Net Worth Ratio

Latest as of June 2026: 100.0%

Progressive Corp tangible net worth ratio. Progressive Corp (PGR) has a Tangible Net Worth Ratio of 100.0% as of June 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($34.33 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check how strategically is Progressive Corp's equity deployed to assess the company's strategic physical and investment asset allocation.

Tangible NW Ratio

100.0%
Tangible equity / total equity

Net Assets (Equity)

$34.33 Billion
USD

Intangible Assets

$0.00
Goodwill, patents, brand value

Total Assets

$124.92 Billion
USD

Tangible Net Worth Ratio of Progressive Corp (1985–2025)

Tangible net worth ratio of Progressive Corp from 1985 to 2025. This chart shows how Progressive Corp's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of June 2026, the ratio stands at 100.0%, reflecting net assets of $34.33 Billion with intangible assets of $0.00 USD. See working capital to net assets of Progressive Corp to evaluate short-term liquidity relative to the company's equity base.

Progressive Corp Tangible Net Worth Ratio by Year (1985–2025)

Progressive Corp tangible net worth ratio by year from 1985 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Progressive Corp from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Progressive Corp (PGR) total market value.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 93.3% $30.32 Billion $2.04 Billion $123.04 Billion ▲ +0.9 pp
2024 92.3% $25.59 Billion $1.96 Billion $105.75 Billion ▲ +0.7 pp
2023 91.7% $20.28 Billion $1.69 Billion $88.69 Billion ▼ -7.8 pp
2022 99.5% $15.89 Billion $86.30 Million $75.47 Billion ▲ +0.1 pp
2021 99.4% $18.23 Billion $117.30 Million $71.13 Billion ▲ +0.4 pp
2020 99.0% $17.04 Billion $171.40 Million $64.10 Billion ▲ +0.7 pp
2019 98.3% $13.67 Billion $228.30 Million $54.90 Billion ▲ +1.1 pp
2018 97.3% $10.82 Billion $294.60 Million $46.58 Billion ▲ +1.2 pp
2017 96.1% $9.28 Billion $366.60 Million $38.70 Billion ▲ +1.5 pp
2016 94.6% $7.96 Billion $432.80 Million $33.43 Billion ▲ +1.4 pp
2015 93.2% $7.29 Billion $494.90 Million $29.82 Billion ▼ 0.0 pp
2014 93.2% $6.93 Billion $468.50 Million $25.79 Billion ▲ +0.5 pp
2013 92.8% $6.19 Billion $447.60 Million $24.41 Billion ▲ +0.0 pp
2012 92.8% $6.01 Billion $434.50 Million $22.69 Billion ▼ -7.2 pp
2011 100.0% $5.81 Billion $0.00 $21.84 Billion ▲ +0.0 pp
2010 100.0% $6.05 Billion $0.00 $21.15 Billion ▲ +0.0 pp
2009 100.0% $5.75 Billion $0.00 $20.05 Billion ▲ +0.0 pp
2008 100.0% $4.22 Billion $0.00 $18.25 Billion ▲ +0.0 pp
2007 100.0% $4.94 Billion $0.00 $18.84 Billion ▲ +0.0 pp
2006 100.0% $6.85 Billion $0.00 $19.48 Billion ▲ +0.0 pp
2005 100.0% $6.11 Billion $0.00 $18.90 Billion ▲ +0.0 pp
2004 100.0% $5.16 Billion $0.00 $17.18 Billion ▲ +0.0 pp
2003 100.0% $5.03 Billion $0.00 $16.28 Billion ▲ +0.0 pp
2002 100.0% $3.77 Billion $0.00 $13.56 Billion ▲ +0.0 pp
2001 100.0% $3.25 Billion $0.00 $11.12 Billion ▲ +0.0 pp
2000 100.0% $2.87 Billion $0.00 $10.05 Billion ▲ +0.0 pp
1999 100.0% $2.75 Billion $0.00 $9.70 Billion ▲ +0.0 pp
1998 100.0% $2.56 Billion $0.00 $8.46 Billion ▲ +0.0 pp
1997 100.0% $2.14 Billion $0.00 $7.56 Billion ▲ +0.0 pp
1996 100.0% $1.68 Billion $0.00 $6.18 Billion ▲ +0.0 pp
1995 100.0% $1.48 Billion $0.00 $5.35 Billion ▲ +0.0 pp
1994 100.0% $1.15 Billion $0.00 $4.68 Billion ▲ +0.0 pp
1993 100.0% $997.90 Million $0.00 $4.01 Billion ▲ +0.0 pp
1992 100.0% $629.00 Million $0.00 $3.01 Billion ▲ +0.0 pp
1991 100.0% $465.70 Million $0.00 $2.98 Billion ▲ +0.0 pp
1990 100.0% $408.50 Million $0.00 $1.09 Billion ▲ +0.0 pp
1989 100.0% $435.20 Million $0.00 $2.65 Billion ▲ +0.0 pp
1988 100.0% $417.20 Million $0.00 $2.31 Billion ▲ +0.0 pp
1987 100.0% $395.00 Million $0.00 $1.79 Billion ▲ +0.0 pp
1986 100.0% $311.40 Million $0.00 $1.27 Billion ▲ +0.0 pp
1985 100.0% $118.40 Million $0.00 $810.80 Million —
pp = percentage points