Progressive Corporation cash flow statement
In fiscal 2025, Progressive Corporation's operations generated $17.55bn of cash; it spent $348m on capital projects, leaving free cash flow of $17.20bn. It returned $2.87bn in dividends.
Cash flow statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 1.5 | 1.7 | 1.5 | 1.7 | 1.9 | 1.7 | 2.3 | 2.7 | 3.8 | 6.3 | 6.3 | 6.9 | 7.8 | 6.8 | 10.6 | 15.1 | 17.5 | 15.7 |
| Depreciation and amortisation | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
| Stock-based pay | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.1 | 0.1 | 0.1 | — |
| Capital spending | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.3 | 0.4 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 |
| Free cash flow | 1.4 | 1.6 | 1.4 | 1.6 | 1.8 | 1.6 | 2.2 | 2.5 | 3.6 | 6.0 | 5.9 | 6.7 | 7.5 | 6.6 | 10.4 | 14.8 | 17.2 | 15.2 |
| Free cash flow after stock pay | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 10.3 | 14.7 | 17.1 | — |
| Dividends paid | 0.0 | 0.8 | 0.3 | 0.9 | 0.2 | 0.9 | 0.4 | 0.5 | 0.4 | 0.7 | 1.6 | 1.6 | 3.7 | 0.2 | 0.2 | 0.7 | 2.9 | 8.1 |
| Share buybacks | 0.2 | 0.3 | 1.0 | 0.2 | 0.3 | 0.3 | 0.2 | 0.2 | — | — | — | — | — | — | — | — | — | — |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 3,008 | 5,143 | 4,040 | 5,195 | 3,170 | 4,367 | 3,607 | 4,518 |
| Depreciation and amortisation | 76 | 70 | 79 | 81 | 83 | 75 | 82 | 97 |
| Capital spending | 110 | 59 | 102 | 66 | 121 | 63 | 138 | 116 |
| Free cash flow | 2,898 | 5,084 | 3,938 | 5,129 | 3,049 | 4,304 | 3,469 | 4,402 |
Compare with peers
- Allstate cash flow
- Chubb Limited cash flow
- The Travelers Companies cash flow
- The Hartford cash flow
- Arch Capital Group cash flow
Head to head: ALL vs PGRCB vs PGRPGR vs TRV
More: Property & Casualty Insurance stocks compared, Financials sector, rankings of US companies