Progressive annual debt-to-assets ratio
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2025
Progressive Debt-to-Assets Ratio Growth & History (PGR)
Progressive's debt-to-assets ratio was 0.06 for fiscal 2025.
View full Progressive company overviewProgressive annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.06 | −0.01 | −13.90% |
| 2024 | 2024-12-31 | 0.07 | −0.01 | −15.85% |
| 2023 | 2023-12-31 | 0.08 | −0.01 | −7.86% |
| 2022 | 2022-12-31 | 0.09 | 0.02 | +21.09% |
| 2021 | 2021-12-31 | 0.07 | −0.02 | −17.90% |
| 2020 | 2020-12-31 | 0.09 | 0.00 | +3.63% |
| 2019 | 2019-12-31 | 0.08 | −0.01 | −11.26% |
| 2018 | 2018-12-31 | 0.09 | 0.01 | +10.70% |
| 2017 | 2017-12-31 | 0.09 | −0.01 | −9.29% |
| 2016 | 2016-12-31 | 0.09 | 0.00 | +3.71% |
| 2015 | 2015-12-31 | 0.09 | 0.01 | +8.18% |
| 2014 | 2014-12-31 | 0.08 | 0.01 | +10.10% |
| 2013 | 2013-12-31 | 0.08 | −0.01 | −16.13% |
| 2012 | 2012-12-31 | 0.09 | −0.02 | −18.68% |
| 2011 | 2011-12-31 | 0.11 | 0.02 | +20.75% |
| 2010 | 2010-12-31 | 0.09 | −0.02 | −14.74% |
| 2009 | 2009-12-31 | 0.11 | −0.01 | −8.90% |
| 2008 | 2008-12-31 | 0.12 | — | — |
Progressive quarterly debt-to-assets ratio
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| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.07 | 0.01 | +12.44% |
| Q1 2026 | 2026-03-31 | 0.07 | 0.01 | +10.89% |
| Q4 2025 | 2025-12-31 | 0.06 | −0.01 | −13.90% |
| Q3 2025 | 2025-09-30 | 0.06 | −0.01 | −13.39% |
| Q2 2025 | 2025-06-30 | 0.06 | −0.01 | −15.18% |
| Q1 2025 | 2025-03-31 | 0.06 | −0.01 | −15.46% |
| Q4 2024 | 2024-12-31 | 0.07 | −0.01 | −15.85% |
| Q3 2024 | 2024-09-30 | 0.07 | −0.01 | −18.53% |
| Q2 2024 | 2024-06-30 | 0.07 | −0.01 | −15.21% |
| Q1 2024 | 2024-03-31 | 0.07 | −0.01 | −7.88% |
| Q4 2023 | 2023-12-31 | 0.08 | −0.01 | −7.86% |
| Q3 2023 | 2023-09-30 | 0.08 | −0.00 | −4.92% |
| Q2 2023 | 2023-06-30 | 0.08 | −0.00 | −5.03% |
| Q1 2023 | 2023-03-31 | 0.08 | −0.01 | −8.00% |
| Q4 2022 | 2022-12-31 | 0.09 | 0.02 | +21.09% |
| Q3 2022 | 2022-09-30 | 0.08 | 0.02 | +25.39% |
| Q2 2022 | 2022-06-30 | 0.09 | 0.01 | +13.09% |
| Q1 2022 | 2022-03-31 | 0.09 | 0.00 | +4.69% |
| Q4 2021 | 2021-12-31 | 0.07 | −0.02 | −17.90% |
| Q3 2021 | 2021-09-30 | 0.07 | −0.02 | −23.98% |
| Q2 2021 | 2021-06-30 | 0.08 | −0.02 | −17.64% |
| Q1 2021 | 2021-03-31 | 0.08 | −0.02 | −16.86% |
| Q4 2020 | 2020-12-31 | 0.09 | 0.00 | +3.63% |
| Q3 2020 | 2020-09-30 | 0.09 | 0.00 | +3.94% |
| Q2 2020 | 2020-06-30 | 0.09 | 0.00 | +4.49% |
| Q1 2020 | 2020-03-31 | 0.10 | 0.00 | +4.99% |
| Q4 2019 | 2019-12-31 | 0.08 | −0.01 | −11.26% |
| Q3 2019 | 2019-09-30 | 0.09 | 0.00 | +0.73% |
| Q2 2019 | 2019-06-30 | 0.09 | 0.00 | +0.92% |
| Q1 2019 | 2019-03-31 | 0.09 | 0.00 | +1.22% |
| Q4 2018 | 2018-12-31 | 0.09 | 0.01 | +10.70% |
| Q3 2018 | 2018-09-30 | 0.08 | −0.00 | −0.38% |
| Q2 2018 | 2018-06-30 | 0.09 | −0.00 | −3.48% |
| Q1 2018 | 2018-03-31 | 0.09 | 0.00 | +4.46% |
| Q4 2017 | 2017-12-31 | 0.09 | −0.01 | −9.29% |
| Q3 2017 | 2017-09-30 | 0.09 | −0.01 | −9.31% |
| Q2 2017 | 2017-06-30 | 0.09 | 0.01 | +10.62% |
| Q1 2017 | 2017-03-31 | 0.09 | 0.00 | +1.65% |
| Q4 2016 | 2016-12-31 | 0.09 | 0.00 | +3.71% |
| Q3 2016 | 2016-09-30 | 0.09 | 0.00 | +3.46% |
| Q2 2016 | 2016-06-30 | 0.08 | −0.01 | −10.81% |
| Q1 2016 | 2016-03-31 | 0.09 | −0.01 | −7.67% |
| Q4 2015 | 2015-12-31 | 0.09 | 0.01 | +8.18% |
| Q3 2015 | 2015-09-30 | 0.09 | 0.01 | +8.62% |
| Q2 2015 | 2015-06-30 | 0.09 | 0.01 | +7.74% |
| Q1 2015 | 2015-03-31 | 0.10 | 0.02 | +24.42% |
| Q4 2014 | 2014-12-31 | 0.08 | 0.01 | +10.10% |
| Q3 2014 | 2014-09-30 | 0.08 | 0.00 | +1.76% |
| Q2 2014 | 2014-06-30 | 0.09 | 0.00 | +0.21% |
| Q1 2014 | 2014-03-31 | 0.08 | −0.01 | −12.66% |
| Q4 2013 | 2013-12-31 | 0.08 | −0.01 | −16.13% |
| Q3 2013 | 2013-09-30 | 0.08 | −0.01 | −6.59% |
| Q2 2013 | 2013-06-30 | 0.09 | −0.00 | −4.66% |
| Q1 2013 | 2013-03-31 | 0.09 | −0.01 | −5.82% |
| Q4 2012 | 2012-12-31 | 0.09 | −0.02 | −18.68% |
| Q3 2012 | 2012-09-30 | 0.09 | −0.02 | −20.42% |
| Q2 2012 | 2012-06-30 | 0.09 | 0.00 | +1.07% |
| Q1 2012 | 2012-03-31 | 0.09 | 0.00 | +2.28% |
| Q4 2011 | 2011-12-31 | 0.11 | 0.02 | +20.75% |
| Q3 2011 | 2011-09-30 | 0.11 | 0.02 | +24.15% |
| Q2 2011 | 2011-06-30 | 0.09 | −0.01 | −11.34% |
| Q1 2011 | 2011-03-31 | 0.09 | −0.01 | −12.05% |
| Q4 2010 | 2010-12-31 | 0.09 | −0.02 | −14.74% |
| Q3 2010 | 2010-09-30 | 0.09 | −0.02 | −18.13% |
| Q2 2010 | 2010-06-30 | 0.10 | −0.01 | −11.14% |
| Q1 2010 | 2010-03-31 | 0.10 | — | — |
| Q4 2009 | 2009-12-31 | 0.11 | −0.01 | −8.90% |
| Q3 2009 | 2009-09-30 | 0.11 | — | — |
| Q2 2009 | 2009-06-30 | 0.11 | — | — |
| Q4 2008 | 2008-12-31 | 0.12 | — | — |
Progressive debt-to-assets ratio trends
Over the last five fiscal years, Progressive's debt-to-assets ratio decreased from 0.09 to 0.06, a change of −0.03. The latest reported quarter, Q2 2026, shows 0.07.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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