Progressive Corp
The Progressive Corporation operates as an insurance company in the United States. The company writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft; and personal residential property insurance for homeowners and renters. It also writes auto-related liability and physical damage insurance for comprising dump trucks, log trucks, garbage trucks, … Read more
Progressive Corp (PGR) - Total Assets
Latest total assets as of September 2025: $91.06 Billion USD
Based on the latest financial reports, Progressive Corp (PGR) holds total assets worth $91.06 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Progressive Corp - Total Assets Trend (1985–2025)
This chart illustrates how Progressive Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Progressive Corp - Asset Composition Analysis
Current Asset Composition (December 2025)
Progressive Corp's total assets of $91.06 Billion consist of 119.9% current assets and -19.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.0% |
| Accounts Receivable | $16.39 Billion | 18.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1985–2025)
This chart illustrates how Progressive Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Progressive Corp's current assets represent 119.9% of total assets in 2025, an increase from 0.0% in 1985.
- Cash Position: Cash and equivalents constituted 0.0% of total assets in 2025, the same as 0.0% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1985.
- Asset Diversification: The largest asset category is accounts receivable at 18.0% of total assets.
Progressive Corp Competitors by Total Assets
Key competitors of Progressive Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanwha General
KO:000370
|
Korea | ₩20.72 Trillion |
|
Lotte Non-Life
KO:000400
|
Korea | ₩14.88 Trillion |
|
Heungkuk F&M I
KO:000540
|
Korea | ₩13.12 Trillion |
|
Heungkuk Fire & Marine Insurance Co Ltd
KO:000545
|
Korea | ₩13.12 Trillion |
|
Samsung Fire & Marine Insurance
KO:000810
|
Korea | ₩88.44 Trillion |
|
Samsung Fire And Marine Ins Pref
KO:000815
|
Korea | ₩88.44 Trillion |
|
Hyundai Mar&Fi
KO:001450
|
Korea | ₩50.71 Trillion |
|
DB Insurance Co Ltd
KO:005830
|
Korea | ₩72.11 Trillion |
Progressive Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Progressive Corp generates 0.88x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Progressive Corp generates $ 11.16 in net profit.
Progressive Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.48 | 2.68 | 0.26 |
| Quick Ratio | 1.21 | 3.70 | -0.55 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-17.39 Billion | $ 47.99 Billion | $ -27.28 Billion |
Progressive Corp - Advanced Valuation Insights
This section examines the relationship between Progressive Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.95 |
| Latest Market Cap to Assets Ratio | 1.31 |
| Asset Growth Rate (YoY) | -13.9% |
| Total Assets | $91.06 Billion |
| Market Capitalization | $119.00 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Progressive Corp's assets above their book value (1.31 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Progressive Corp's assets decreased by 13.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Progressive Corp (1985–2025)
The table below shows the annual total assets of Progressive Corp from 1985 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $91.06 Billion | -13.89% |
| 2024-12-31 | $105.75 Billion | +19.23% |
| 2023-12-31 | $88.69 Billion | +17.53% |
| 2022-12-31 | $75.47 Billion | +6.09% |
| 2021-12-31 | $71.13 Billion | +10.97% |
| 2020-12-31 | $64.10 Billion | +16.76% |
| 2019-12-31 | $54.90 Billion | +17.86% |
| 2018-12-31 | $46.58 Billion | +20.35% |
| 2017-12-31 | $38.70 Billion | +15.78% |
| 2016-12-31 | $33.43 Billion | +12.10% |
| 2015-12-31 | $29.82 Billion | +15.63% |
| 2014-12-31 | $25.79 Billion | +5.65% |
| 2013-12-31 | $24.41 Billion | +7.55% |
| 2012-12-31 | $22.69 Billion | +3.89% |
| 2011-12-31 | $21.84 Billion | +3.28% |
| 2010-12-31 | $21.15 Billion | +5.49% |
| 2009-12-31 | $20.05 Billion | +9.86% |
| 2008-12-31 | $18.25 Billion | -3.14% |
| 2007-12-31 | $18.84 Billion | -3.28% |
| 2006-12-31 | $19.48 Billion | +3.09% |
| 2005-12-31 | $18.90 Billion | +9.98% |
| 2004-12-31 | $17.18 Billion | +5.54% |
| 2003-12-31 | $16.28 Billion | +20.03% |
| 2002-12-31 | $13.56 Billion | +21.96% |
| 2001-12-31 | $11.12 Billion | +10.65% |
| 2000-12-31 | $10.05 Billion | +3.57% |
| 1999-12-31 | $9.70 Billion | +14.67% |
| 1998-12-31 | $8.46 Billion | +11.95% |
| 1997-12-31 | $7.56 Billion | +22.25% |
| 1996-12-31 | $6.18 Billion | +15.53% |
| 1995-12-31 | $5.35 Billion | +14.49% |
| 1994-12-31 | $4.68 Billion | +16.55% |
| 1993-12-31 | $4.01 Billion | +33.48% |
| 1992-12-31 | $3.01 Billion | +0.87% |
| 1991-12-31 | $2.98 Billion | +174.27% |
| 1990-12-31 | $1.09 Billion | -58.96% |
| 1989-12-31 | $2.65 Billion | +14.72% |
| 1988-12-31 | $2.31 Billion | +29.20% |
| 1987-12-31 | $1.79 Billion | +41.03% |
| 1986-12-31 | $1.27 Billion | +56.17% |
| 1985-12-31 | $810.80 Million | -- |