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For the year ending 2025-12-31, PGR has $123,039,000K in assets. $92,716,000K in debts.

Balance Sheets Overview

Debt to Asset Ratio
75.35%
Unit: Thousand (K) dollars
Assets Breakdown
    • Fixed maturities (amortized cost...
    • Premiums receivable, net of allo...
    • Short-term investments (amortize...
    • Others
Liabilities Breakdown
    • Retained earnings
    • Unearned premiums
    • Accounts payable, accrued expens...
    • Others

Balance Sheets
2025-12-31
2024-12-31
2023-12-31
2022-12-31
Fixed maturities (amortized cost 82,704 and 77,126)
82,866,000 75,332,000 60,378,200 46,651,900
Short-term investments (amortized cost 10,005 and 615)
10,005,000 615,000 1,789,900 2,861,700
Total available-for-sale securities
92,871,000 75,947,000 62,168,100 49,513,600
Nonredeemable preferred stocks (cost 419 and 756)
404,000 728,000 902,100 1,213,200
Common equities (cost 819 and 745)
4,098,000 3,575,000 2,928,400 2,821,500
Total equity securities
4,502,000 4,303,000 3,830,500 4,034,700
Total investments
97,373,000 80,250,000 65,998,600 53,548,300
Cash and cash equivalents
125,000 143,000 84,900 203,500
Restricted cash and cash equivalents
13,000 11,000 14,700 17,400
Total cash, cash equivalents, restricted cash, and restricted cash equivalents
138,000 154,000 99,600 220,900
Accrued investment income
670,000 594,000 438,000 282,500
Premiums receivable, net of allowance for credit losses of 552 and 460
15,362,000 14,369,000 11,958,200 10,416,900
Reinsurance recoverables
4,083,000 4,765,000 5,093,900 5,832,100
Prepaid reinsurance premiums
197,000 349,000 249,800 295,500
Deferred acquisition costs
2,044,000 1,961,000 1,687,400 1,544,400
Property and equipment, net of accumulated depreciation of 1,460 and 1,461
783,000 790,000 880,800 1,034,000
Deferred tax assets, deferred income
2,112,000 ---
Goodwill
---227,900
Intangible assets, net of accumulated amortization of 158.6 and 383.8
---86,300
Total federal deferred income tax liabilities
1,364,000 ---
Net federal deferred income taxes
748,000 954,000 936,000 1,131,500
Other assets
1,641,000 1,559,000 1,348,500 844,700
Total assets
123,039,000 105,745,000 88,690,800 75,465,000
Unearned premiums
25,219,000 23,858,000 20,133,700 17,293,600
Loss and loss adjustment expense reserves
43,310,000 39,057,000 34,389,200 30,359,300
Net federal deferred income taxes
---0
Dividends payable on common shares
7,972,000 ---
Accounts payable, accrued expenses, and other liabilities
9,318,000 10,346,000 7,002,200 5,532,800
Debt
6,897,000 6,893,000 6,888,600 6,388,300
Total liabilities
92,716,000 80,154,000 68,413,700 59,574,000
Serial preferred shares, series b, no par value (cumulative, liquidation preference of 1,000 per share) (authorized, issued, and outstanding 0 and 0.5)
-0 493,900 493,900
Common shares, 1.00 par value (authorized 900 issued 798, including treasury shares of 212)
586,000 586,000 585,300 584,900
Paid-in capital
2,307,000 2,145,000 2,013,100 1,893,000
Retained earnings
27,327,000 24,283,000 18,800,500 15,721,200
Net unrealized gains (losses) on fixed-maturity securities
117,000 -1,408,000 -1,600,800 -2,786,300
Net unrealized losses on forecasted transactions
-13,000 -14,000 -14,000 -14,500
Foreign currency translation adjustment
-1,000 -1,000 -900 -1,200
Total accumulated other comprehensive income (loss)
103,000 -1,423,000 -1,615,700 -2,802,000
Total shareholders equity
30,323,000 25,591,000 20,277,100 15,891,000
Total liabilities and shareholders equity
123,039,000 105,745,000 88,690,800 75,465,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS).

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Fixed maturities(amortized cost 82,704 and...$82,866,000K (10.00%↑ Y/Y)Short-term investments(amortized cost 10,005 and...$10,005,000K (1526.83%↑ Y/Y)Common equities (cost819 and 745)$4,098,000K (14.63%↑ Y/Y)Nonredeemable preferredstocks (cost 419 and...$404,000K (-44.51%↓ Y/Y)Totalavailable-for-sale securities$92,871,000K (22.28%↑ Y/Y)Total equitysecurities$4,502,000K (4.62%↑ Y/Y)Deferred tax assets,deferred income$2,112,000K Cash and cashequivalents$125,000K (-12.59%↓ Y/Y)Restricted cash and cashequivalents$13,000K (18.18%↑ Y/Y)Total investments$97,373,000K (21.34%↑ Y/Y)Premiums receivable, netof allowance for...$15,362,000K (6.91%↑ Y/Y)Reinsurance recoverables$4,083,000K (-14.31%↓ Y/Y)Deferred acquisitioncosts$2,044,000K (4.23%↑ Y/Y)Other assets$1,641,000K (5.26%↑ Y/Y)Property and equipment,net of accumulated...$783,000K (-0.89%↓ Y/Y)Net federaldeferred income taxes$748,000K (-21.59%↓ Y/Y)Accrued investmentincome$670,000K (12.79%↑ Y/Y)Prepaid reinsurancepremiums$197,000K (-43.55%↓ Y/Y)Total cash, cashequivalents, restricted...$138,000K (-10.39%↓ Y/Y)Total federaldeferred income tax...$1,364,000K Total assets$123,039,000K (16.35%↑ Y/Y)Total liabilities andshareholders equity$123,039,000K (16.35%↑ Y/Y)Total liabilities$92,716,000K (15.67%↑ Y/Y)Total shareholdersequity$30,323,000K (18.49%↑ Y/Y)Loss and lossadjustment expense...$43,310,000K (10.89%↑ Y/Y)Unearned premiums$25,219,000K (5.70%↑ Y/Y)Accounts payable,accrued expenses, and...$9,318,000K (-9.94%↓ Y/Y)Dividends payable oncommon shares$7,972,000K Debt$6,897,000K (0.06%↑ Y/Y)Retained earnings$27,327,000K (12.54%↑ Y/Y)Paid-in capital$2,307,000K (7.55%↑ Y/Y)Common shares, 1.00 parvalue (authorized 900...$586,000K (0.00%↑ Y/Y)Total accumulatedother comprehensive...$103,000K (107.24%↑ Y/Y)Net unrealizedlosses on forecasted...-$13,000K (7.14%↑ Y/Y)Foreign currencytranslation adjustment-$1,000K (0.00%↑ Y/Y)Net unrealizedgains (losses) on...$117,000K (108.31%↑ Y/Y)

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PROGRESSIVE CORP OH (PGR)

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PROGRESSIVE CORP OH (PGR)