PROGRESSIVE CORP OH (PGR)
PROGRESSIVE CORP OH (PGR)
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Fixed maturities (amortized cost 88,408, 77,754, and 82,704) | 87,832 | 82,866 | 88,509 | 82,272 |
| Short-term investments (amortized cost 2,126, 2,595, and 10,005) | 2,126 | 10,005 | 1,515 | 2,103 |
| Total available-for-sale securities | 89,958 | 92,871 | 90,024 | 84,375 |
| Nonredeemable preferred stocks (cost 259, 608, and 419) | 240 | 404 | 438 | 500 |
| Common equities (cost 839, 774, and 819) | 3,933 | 4,098 | 4,047 | 3,735 |
| Total equity securities | 4,173 | 4,502 | 4,485 | 4,235 |
| Total investments | 94,131 | 97,373 | 94,509 | 88,610 |
| Cash and cash equivalents | 162 | 125 | 173 | 125 |
| Restricted cash and cash equivalents | 17 | 13 | 12 | 10 |
| Total cash, cash equivalents, restricted cash, and restricted cash equivalents | 179 | 138 | 185 | 135 |
| Accrued investment income | 685 | 670 | 691 | 636 |
| Premiums receivable, net of allowance for credit losses of 528, 473, and 552 | 17,614 | 15,362 | 16,519 | 16,406 |
| Reinsurance recoverables | 4,003 | 4,083 | 4,107 | 4,197 |
| Prepaid reinsurance premiums | 198 | 197 | 215 | 263 |
| Deferred acquisition costs | 2,131 | 2,044 | 2,164 | 2,110 |
| Property and equipment, net of accumulated depreciation of 1,416, 1,490, and 1,460 | 792 | 783 | 790 | 820 |
| Deferred tax assets, deferred income | NaN | 2,112 | NaN | NaN |
| Total federal deferred income tax liabilities | NaN | 1,364 | NaN | NaN |
| Net federal deferred income taxes | 742 | 748 | 662 | 633 |
| Other assets | 1,734 | 1,641 | 1,693 | 1,670 |
| Total assets | 122,209 | 123,039 | 121,535 | 115,480 |
| Unearned premiums | 27,893 | 25,219 | 26,822 | 26,335 |
| Loss and loss adjustment expense reserves | 44,377 | 43,310 | 42,105 | 41,154 |
| Dividends payable on common shares | 58 | 7,972 | NaN | NaN |
| Accounts payable, accrued expenses, and other liabilities | 9,456 | 9,318 | 10,267 | 8,492 |
| Debt | 8,386 | 6,897 | 6,896 | 6,895 |
| Total liabilities | 90,170 | 92,716 | 86,090 | 82,876 |
| Common shares, 1.00 par value (authorized 900 issued 798, including treasury shares of 214, 212, and 212) | 584 | 586 | 586 | 586 |
| Paid-in capital | 2,314 | 2,307 | 2,233 | 2,192 |
| Retained earnings | 29,612 | 27,327 | 32,437 | 29,921 |
| Net unrealized gains (losses) on fixed-maturity securities | -457 | 117 | 203 | -81 |
| Net unrealized losses on forecasted transactions | -13 | -13 | -13 | -13 |
| Foreign currency translation adjustment | -1 | -1 | -1 | -1 |
| Total accumulated other comprehensive income (loss) | -471 | 103 | 189 | -95 |
| Total shareholders equity | 32,039 | 30,323 | 35,445 | 32,604 |
| Total liabilities and shareholders equity | 122,209 | 123,039 | 121,535 | 115,480 |