Progressive Historical Balance Sheet

PGR Stock

USD 274.47 0.47 0.17%

Trend analysis of Progressive Corp balance sheet accounts such as Retained Earnings of 25.5 B, Common Stock Shares Outstanding of 616.7 M, Liabilities And Stockholders Equity of 111 B or Non Current Liabilities Total of 84.2 B provides information on Progressive Corp's total assets, liabilities, and equity, which is the actual value of Progressive Corp to its prevalent stockholders. By breaking down trends over time using Progressive Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Progressive Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Progressive Corp is a good buy for the upcoming year.

Progressive Corp Inventory

(67.81 Billion)

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Progressive Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

To learn how to invest in Progressive Stock, please use our How to Invest in Progressive Corp guide.

About Progressive Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Progressive Corp at a specified time, usually calculated after every quarter, six months, or one year. Progressive Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Progressive Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Progressive currently owns. An asset can also be divided into two categories, current and non-current.

Progressive Corp Balance Sheet Chart

At this time, Progressive Corp's Non Current Liabilities Total is relatively stable compared to the past year. As of 03/25/2025, Total Liabilities is likely to grow to about 84.2 B, while Property Plant And Equipment Net is likely to drop slightly above 783.4 M.

Total Assets Short Long Term Debt Total Total Stockholder Equity Net Debt

Add Fundamental

Total Assets

Total assets refers to the total amount of Progressive Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Progressive Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most accounts from Progressive Corp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Progressive Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Progressive Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

To learn how to invest in Progressive Stock, please use our How to Invest in Progressive Corp guide.At this time, Progressive Corp's Non Current Liabilities Total is relatively stable compared to the past year. As of 03/25/2025, Total Liabilities is likely to grow to about 84.2 B, while Property Plant And Equipment Net is likely to drop slightly above 783.4 M.

	2022	2023	2024	2025 (projected)
Short and Long Term Debt Total	6.5B	6.9B	6.9B	7.2B
Total Assets	70.2B	88.7B	105.7B	111.0B

Short Long Term Debt Total Total Assets

Progressive Corp balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Net Debt	Retained Earnings	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Net	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Net Receivables	Total Current Assets	Cash	Cash And Short Term Investments	Short Term Investments	Common Stock	Other Current Liab	Total Current Liabilities	Common Stock Total Equity	Property Plant And Equipment Gross	Other Liab	Accounts Payable	Long Term Debt
Total Assets		0.88	1.0	0.97	0.99	-0.45	0.92	-0.02	1.0	0.25	0.48	0.81	0.57	0.98	0.76	0.02	0.73	0.79	0.75	-0.56	0.83	0.31	0.47	-0.43	0.92	0.97
Short Long Term Debt Total	0.88		0.89	0.88	0.87	-0.49	0.72	0.27	0.88	0.41	0.7	0.52	0.2	0.91	0.66	0.15	0.6	0.65	0.46	-0.65	0.67	0.36	0.52	-0.4	0.92	0.88
Total Stockholder Equity	1.0	0.89		0.95	0.99	-0.45	0.93	-0.03	0.99	0.26	0.47	0.8	0.55	0.98	0.8	0.02	0.76	0.82	0.76	-0.56	0.8	0.33	0.48	-0.4	0.92	0.96
Net Debt	0.97	0.88	0.95		0.95	-0.53	0.82	0.16	0.97	0.39	0.61	0.7	0.46	0.96	0.63	0.08	0.6	0.66	0.62	-0.58	0.84	0.39	0.56	-0.41	0.92	1.0
Retained Earnings	0.99	0.87	0.99	0.95		-0.37	0.95	-0.08	0.99	0.17	0.43	0.83	0.6	0.99	0.79	-0.03	0.73	0.79	0.76	-0.59	0.79	0.24	0.4	-0.42	0.91	0.96
Common Stock Shares Outstanding	-0.45	-0.49	-0.45	-0.53	-0.37		-0.19	-0.57	-0.45	-0.93	-0.52	-0.09	0.02	-0.39	-0.2	-0.53	-0.3	-0.32	-0.2	0.0	-0.62	-0.93	-0.95	0.21	-0.46	-0.47
Non Current Liabilities Total	0.92	0.72	0.93	0.82	0.95	-0.19		-0.38	0.92	-0.06	0.14	0.9	0.75	0.9	0.87	-0.09	0.81	0.85	0.9	-0.48	0.69	0.1	0.22	-0.34	0.79	0.84
Other Stockholder Equity	-0.02	0.27	-0.03	0.16	-0.08	-0.57	-0.38		-0.02	0.78	0.8	-0.47	-0.69	0.04	-0.41	0.36	-0.41	-0.38	-0.6	-0.13	0.03	0.49	0.54	-0.03	0.16	0.13
Total Liab	1.0	0.88	0.99	0.97	0.99	-0.45	0.92	-0.02		0.25	0.48	0.82	0.58	0.98	0.75	0.02	0.72	0.78	0.75	-0.56	0.83	0.31	0.47	-0.44	0.92	0.97
Property Plant And Equipment Net	0.25	0.41	0.26	0.39	0.17	-0.93	-0.06	0.78	0.25		0.64	-0.19	-0.32	0.23	-0.01	0.6	0.07	0.08	-0.1	-0.03	0.42	0.84	0.9	-0.11	0.37	0.34
Non Current Assets Total	0.48	0.7	0.47	0.61	0.43	-0.52	0.14	0.8	0.48	0.64		0.02	-0.35	0.54	0.03	0.21	0.03	0.09	-0.2	-0.53	0.39	0.32	0.53	-0.29	0.64	0.61
Non Currrent Assets Other	0.81	0.52	0.8	0.7	0.83	-0.09	0.9	-0.47	0.82	-0.19	0.02		0.88	0.74	0.66	-0.23	0.66	0.73	0.86	-0.28	0.71	0.01	0.11	-0.39	0.6	0.72
Other Assets	0.57	0.2	0.55	0.46	0.6	0.02	0.75	-0.69	0.58	-0.32	-0.35	0.88		0.48	0.53	-0.19	0.56	0.59	0.89	-0.01	0.63	-0.03	-0.02	-0.36	0.32	0.47
Net Receivables	0.98	0.91	0.98	0.96	0.99	-0.39	0.9	0.04	0.98	0.23	0.54	0.74	0.48		0.73	0.03	0.65	0.71	0.66	-0.63	0.74	0.26	0.43	-0.41	0.93	0.97
Total Current Assets	0.76	0.66	0.8	0.63	0.79	-0.2	0.87	-0.41	0.75	-0.01	0.03	0.66	0.53	0.73		-0.02	0.94	0.94	0.84	-0.45	0.5	0.15	0.24	-0.15	0.71	0.65
Cash	0.02	0.15	0.02	0.08	-0.03	-0.53	-0.09	0.36	0.02	0.6	0.21	-0.23	-0.19	0.03	-0.02		0.01	-0.02	-0.06	0.33	0.13	0.51	0.56	0.14	0.07	0.05
Cash And Short Term Investments	0.73	0.6	0.76	0.6	0.73	-0.3	0.81	-0.41	0.72	0.07	0.03	0.66	0.56	0.65	0.94	0.01		0.99	0.85	-0.37	0.63	0.19	0.32	-0.27	0.68	0.61
Short Term Investments	0.79	0.65	0.82	0.66	0.79	-0.32	0.85	-0.38	0.78	0.08	0.09	0.73	0.59	0.71	0.94	-0.02	0.99		0.86	-0.39	0.67	0.2	0.34	-0.3	0.73	0.67
Common Stock	0.75	0.46	0.76	0.62	0.76	-0.2	0.9	-0.6	0.75	-0.1	-0.2	0.86	0.89	0.66	0.84	-0.06	0.85	0.86		-0.18	0.69	0.17	0.2	-0.28	0.55	0.62
Other Current Liab	-0.56	-0.65	-0.56	-0.58	-0.59	0.0	-0.48	-0.13	-0.56	-0.03	-0.53	-0.28	-0.01	-0.63	-0.45	0.33	-0.37	-0.39	-0.18		-0.27	0.09	-0.09	0.14	-0.76	-0.62
Total Current Liabilities	0.83	0.67	0.8	0.84	0.79	-0.62	0.69	0.03	0.83	0.42	0.39	0.71	0.63	0.74	0.5	0.13	0.63	0.67	0.69	-0.27		0.47	0.61	-0.58	0.73	0.82
Common Stock Total Equity	0.31	0.36	0.33	0.39	0.24	-0.93	0.1	0.49	0.31	0.84	0.32	0.01	-0.03	0.26	0.15	0.51	0.19	0.2	0.17	0.09	0.47		0.92	-0.04	0.3	0.33
Property Plant And Equipment Gross	0.47	0.52	0.48	0.56	0.4	-0.95	0.22	0.54	0.47	0.9	0.53	0.11	-0.02	0.43	0.24	0.56	0.32	0.34	0.2	-0.09	0.61	0.92		-0.2	0.52	0.51
Other Liab	-0.43	-0.4	-0.4	-0.41	-0.42	0.21	-0.34	-0.03	-0.44	-0.11	-0.29	-0.39	-0.36	-0.41	-0.15	0.14	-0.27	-0.3	-0.28	0.14	-0.58	-0.04	-0.2		-0.37	-0.41
Accounts Payable	0.92	0.92	0.92	0.92	0.91	-0.46	0.79	0.16	0.92	0.37	0.64	0.6	0.32	0.93	0.71	0.07	0.68	0.73	0.55	-0.76	0.73	0.3	0.52	-0.37		0.93
Long Term Debt	0.97	0.88	0.96	1.0	0.96	-0.47	0.84	0.13	0.97	0.34	0.61	0.72	0.47	0.97	0.65	0.05	0.61	0.67	0.62	-0.62	0.82	0.33	0.51	-0.41	0.93

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Progressive Corp Account Relationship Matchups

Progressive Corp balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	64.1B	71.1B	70.2B	88.7B	105.7B	111.0B
Short Long Term Debt Total	5.9B	9.8B	6.5B	6.9B	6.9B	7.2B
Total Stockholder Equity	17.0B	18.2B	15.9B	20.3B	25.6B	26.9B
Net Debt	5.3B	4.7B	6.3B	6.8B	6.8B	7.1B
Retained Earnings	13.4B	15.3B	15.7B	18.8B	24.3B	25.5B
Common Stock Shares Outstanding	586.7M	587.2M	587.6M	587.1M	587.5M	616.7M
Liabilities And Stockholders Equity	64.1B	71.1B	70.2B	88.7B	105.7B	111.0B
Non Current Liabilities Total	24.1B	27.4B	29.8B	34.4B	80.2B	84.2B
Other Stockholder Equity	1.7B	1.8B	1.9B	2.0B	36M	34.2M
Total Liab	47.1B	52.9B	54.3B	68.4B	80.2B	84.2B
Property Plant And Equipment Net	1.1B	1.1B	1.2B	1.1B	790M	783.4M
Non Current Assets Total	49.3B	53.2B	50.6B	60.5B	10.2B	19.0B
Non Currrent Assets Other	(86.9M)	(65.1)	(6.7B)	59.2B	84.4B	88.6B
Other Assets	(39.4B)	(41.3B)	1.0	28.1B	105.7B	111.0B
Net Receivables	12.2B	14.4B	16.2B	17.1B	19.1B	20.1B
Total Current Assets	54.2B	59.2B	19.7B	84.9M	95.6B	100.4B
Cash	76.5M	187.1M	220.9M	84.9M	143M	94.4M
Cash And Short Term Investments	42.1B	45.0B	9.0B	84.9M	76.1B	79.9B
Short Term Investments	42.0B	44.8B	8.7B	11.4B	75.9B	79.7B
Accumulated Other Comprehensive Income	931.7M	40.7M	(2.8B)	(1.6B)	(1.4B)	(1.4B)
Common Stock	585.2M	584.4M	584.9M	585.3M	2.7B	2.8B
Other Current Liab	(5.0B)	(6.0B)	(5.5B)	(311.8M)	(280.6M)	(266.6M)
Total Current Liabilities	19.6B	21.2B	24.5B	29.6B	34.0B	35.8B
Common Stock Total Equity	583.2M	584.6M	585.2M	584.4M	672.1M	445.3M
Other Liab	5.9M	9.5B	8.0B	297.8M	268.0M	254.6M
Accounts Payable	6.0B	5.0B	6.0B	5.5B	6.4B	6.7B
Long Term Debt	5.4B	4.9B	6.4B	6.9B	6.9B	7.2B
Property Plant Equipment	1.2B	1.1B	1.3B	1.2B	1.3B	1.0B
Retained Earnings Total Equity	8.4B	10.7B	13.4B	15.3B	17.6B	18.5B
Inventory	(19.5B)	(16.4B)	(25.2B)	(79.3B)	(71.4B)	(67.8B)
Intangible Assets	171.4M	117.3M	314.2M	1.7B	1.9B	2.0B
Net Tangible Assets	12.7B	15.9B	17.7B	15.1B	17.3B	10.6B
Long Term Debt Total	4.4B	5.4B	4.9B	6.4B	7.3B	3.8B
Capital Surpluse	1.6B	1.7B	1.8B	1.9B	2.2B	1.5B
Long Term Investments	47.7B	51.5B	53.5B	66.0B	80.3B	84.3B
Non Current Liabilities Other	26.1B	30.5B	34.0B	41.9B	48.2B	50.6B
Other Current Assets	19.4B	16.3B	295.5M	249.8M	349M	366.5M

Pair Trading with Progressive Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Progressive Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Progressive Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Progressive Stock

0.7

Chubb Sell-off Trend

Pair Corr

Moving against Progressive Stock

0.73	AFG	American Financial	Pair Corr
0.73	NODK	NI Holdings	Pair Corr
0.49	WTM	White Mountains Insurance	Pair Corr
0.45	RLI	RLI Corp	Pair Corr

The ability to find closely correlated positions to Progressive Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Progressive Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Progressive Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Progressive Corp to buy it.

The correlation of Progressive Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Progressive Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Progressive Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Progressive Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Progressive Stock Analysis

When running Progressive Corp's price analysis, check to measure Progressive Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progressive Corp is operating at the current time. Most of Progressive Corp's value examination focuses on studying past and present price action to predict the probability of Progressive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progressive Corp's price. Additionally, you may evaluate how the addition of Progressive Corp to your portfolios can decrease your overall portfolio volatility.

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Progressive Historical Balance Sheet

Progressive Corp Inventory

(67.81 Billion)

About Progressive Balance Sheet Analysis

Progressive Corp Balance Sheet Chart

Total Assets

Total Stockholder Equity

Net Debt

Progressive Corp balance sheet Correlations

Progressive Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Progressive Corp balance sheet Accounts

Pair Trading with Progressive Corp

Moving together with Progressive Stock

Moving against Progressive Stock

Additional Tools for Progressive Stock Analysis

COMMON DESTINATIONS

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COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets
Long Term Debt	+ 1.0	Net Debt
Retained Earnings	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.99	Total Stockholder Equity

Property Plant And Equipment Gross	- 0.95	Common Stock Shares Outstanding
Common Stock Total Equity	- 0.93	Common Stock Shares Outstanding
Property Plant And Equipment Net	- 0.93	Common Stock Shares Outstanding
Accounts Payable	- 0.76	Other Current Liab
Other Assets	- 0.69	Other Stockholder Equity
Other Current Liab	- 0.65	Short Long Term Debt Total