Progressive Corp (PGR) - Total Assets
Based on the latest financial reports, Progressive Corp (PGR) holds total assets worth $124.92 Billion USD as of June 2026. 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. Also see PGR stock market capitalisation for the company's overall valuation and market capitalisation.
Progressive Corp - Asset Composition Analysis
Current Asset Composition (December 2025)
Progressive Corp's total assets of $124.92 Billion consist of 32.6% current assets and 67.4% non-current assets. Review Progressive Corp (PGR) total liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.1% |
| Accounts Receivable | $20.11 Billion | 16.4% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $982.00 Million | 0.8% |
| Intangible Assets | $2.04 Billion | 1.7% |
| 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. See Progressive Corp stock quote for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Progressive Corp's current assets represent 32.6% of total assets in 2025, an increase from 0.0% in 1985.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2025, up from 0.0% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is accounts receivable at 16.4% 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 |
|---|---|---|
|
People's Insurance of China Ltd
SHG:601319
|
China | CN¥2.03 Trillion |
|
Kingstone Companies Inc
NASDAQ:KINS
|
USA | $477.93 Billion |
|
QBE Insurance Group Limited
AU:QBE
|
Australia | AU$49.19 Billion |
|
Suncorp Group Ltd
AU:SUNPH
|
Australia | AU$30.16 Billion |
|
Suncorp Group Ltd
AU:SUN
|
Australia | AU$29.69 Billion |
|
Insurance Australia Group Ltd
AU:IAG
|
Australia | AU$27.60 Billion |
|
Intact Financial Corporation
TO:IFC
|
Canada | CA$64.28 Billion |
|
Fairfax Financial Holdings Ltd
TO:FFH
|
Canada | CA$108.91 Billion |
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 | 0.24 | 1.46 | 2.64 |
| Quick Ratio | 0.24 | 1.46 | 2.62 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-62.73 Billion | $30.28 Billion | $10.67 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 | 3.65 |
| Latest Market Cap to Assets Ratio | 0.98 |
| Asset Growth Rate (YoY) | 16.4% |
| Total Assets | $123.04 Billion |
| Market Capitalization | $120.31 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Progressive Corp's assets close to their book value (0.98x), suggesting investors view the company's assets at approximately fair value.
Rapid Asset Growth: Progressive Corp's assets grew by 16.4% over the past year, indicating significant expansion of the company's resource base.
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 | $123.04 Billion | +16.35% |
| 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 | -- |
About Progressive Corp
The Progressive Corporation operates as an insurance company in the United States. It writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft; and personal residential property insurance for homeowners and renters. The company also writes auto-related liability and physical damage insurance for comprising dump trucks, log trucks, garbage trucks, … Read more