The Progressive Corporation
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
The Progressive Corporation (P1GR34) - Total Assets
Latest total assets as of September 2025: R$121.53 Billion BRL
Based on the latest financial reports, The Progressive Corporation (P1GR34) holds total assets worth R$121.53 Billion BRL 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.
The Progressive Corporation - Total Assets Trend (2018–2024)
This chart illustrates how The Progressive Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
The Progressive Corporation - Asset Composition Analysis
Current Asset Composition (December 2024)
The Progressive Corporation's total assets of R$121.53 Billion consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (BRL) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | R$0.00 | 0.1% |
| Accounts Receivable | R$19.13 Billion | 18.1% |
| Inventory | R$0.00 | 0.0% |
| Property, Plant & Equipment | R$983.00 Million | 0.9% |
| Intangible Assets | R$0.00 | 0.0% |
| Goodwill | R$228.00 Million | 0.2% |
Asset Composition Trend (2018–2024)
This chart illustrates how The Progressive Corporation'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: The Progressive Corporation's current assets represent 0.0% of total assets in 2024, a decrease from 24.9% in 2018.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2024, down from 0.2% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 18.1% of total assets.
The Progressive Corporation Competitors by Total Assets
Key competitors of The Progressive Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Lotte Non-Life
KO:000400
|
Korea | ₩14.88 Trillion |
|
Hanwha General
KO:000370
|
Korea | ₩20.72 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 |
The Progressive Corporation - 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 - The Progressive Corporation generates 0.71x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, The Progressive Corporation generates $8.02 in net profit.
The Progressive Corporation - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.41 | 0.34 | 0.34 |
| Quick Ratio | 0.41 | 0.34 | 0.34 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | R$-31.88 Billion | R$ -31.42 Billion | R$ -31.42 Billion |
The Progressive Corporation - Advanced Valuation Insights
This section examines the relationship between The Progressive Corporation'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 | 4.06 |
| Latest Market Cap to Assets Ratio | 0.50 |
| Asset Growth Rate (YoY) | 19.2% |
| Total Assets | R$105.75 Billion |
| Market Capitalization | $52.48 Billion USD |
Valuation Analysis
Below Book Valuation: The market values The Progressive Corporation's assets below their book value (0.50 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: The Progressive Corporation's assets grew by 19.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for The Progressive Corporation (2018–2024)
The table below shows the annual total assets of The Progressive Corporation from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | R$105.75 Billion | +19.23% |
| 2023-12-31 | R$88.69 Billion | +17.53% |
| 2022-12-31 | R$75.47 Billion | +6.09% |
| 2021-12-31 | R$71.13 Billion | +10.97% |
| 2020-12-31 | R$64.10 Billion | +16.76% |
| 2019-12-31 | R$54.90 Billion | +17.86% |
| 2018-12-31 | R$46.58 Billion | -- |