EBITDA for Progressive (PGR)
According to Progressive's latest reported financial statements, the company's current EBITDA (TTM) is $15.07B USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
PGR
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$15.07B
YoY change
+31.4%
5Y CAGR
+13.9%
Peak year (2025)
$14.81B
Cumulative EBITDA
$90.94B
EBITDA history chart for Progressive (PGR) from 1985 to 2025
EBITDA history table for Progressive (PGR) from 1985 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $14.81B | +31.4% | ||
| 2024 | $11.28B | +106.6% | ||
| 2023 | $5.46B | +270.7% | ||
| 2022 | $1.47B | -69.1% | ||
| 2021 | $4.77B | -38.3% | ||
| 2020 | $7.72B | +36.5% | ||
| 2019 | $5.66B | +57.4% | ||
| 2018 | $3.59B | +42.1% | ||
| 2017 | $2.53B | +39.6% | ||
| 2016 | $1.81B | -17.6% | ||
| 2015 | $2.20B | +3.6% | ||
| 2014 | $2.12B | +9.4% | ||
| 2013 | $1.94B | +26.3% | ||
| 2012 | $1.54B | -10.1% | ||
| 2011 | $1.71B | -4.1% | ||
| 2010 | $1.78B | -2.3% | ||
| 2009 | $1.82B | +3699.0% | ||
| 2008 | $48.00M | -97.5% | ||
| 2007 | $1.94B | -26.0% | ||
| 2006 | $2.61B | +17.0% | ||
| 2005 | $2.23B | -20.9% | ||
| 2004 | $2.82B | +38.1% | ||
| 2003 | $2.04B | +79.4% | ||
| 2002 | $1.14B | +58.1% | ||
| 2001 | $720.80M | +285.0% | ||
| 2000 | $187.20M | -66.6% | ||
| 1999 | $560.40M | -28.0% | ||
| 1998 | $778.30M | +14.5% | ||
| 1997 | $679.70M | +29.0% | ||
| 1996 | $527.00M | +24.5% | ||
| 1995 | $423.40M | -6.8% | ||
| 1994 | $454.40M | +5.9% | ||
| 1993 | $428.90M | +523.4% | ||
| 1992 | $68.80M | -93.1% | ||
| 1991 | $997.90M | — | ||
| 1990 | $0 | -100.0% | ||
| 1989 | $66.70M | — | ||
| 1988 | $0 | — | ||
| 1987 | $0 | — | ||
| 1986 | $0 | — | ||
| 1985 | $0 | — |
EBITDA values are taken from Progressive's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Progressive (PGR) EBITDA is $14.81B – surged 31.4% year-over-year.
Over 2020–2025 (5 years), Progressive EBITDA expanded at a +13.9% compound annual rate, sustaining 3 straight years of year-over-year growth.
$14.81B stands as the all-time-high annual EBITDA, posted in 2025, against a low of $0 during 1985.
Within Financial Services, Progressive (PGR) ranks 9th among 8 peers we track. The peer median for EBITDA is $27.98B.
Progressive EBITDA by Year
Progressive EBITDA 2025: $14.81B
Progressive EBITDA in 2025 was $14.81B, surged 31.4% from 2024. This figure represents the highest annual value in the available history.
Progressive EBITDA 2024: $11.28B
Progressive EBITDA in 2024 was $11.28B, surged 106.6% from 2023.
Progressive EBITDA 2023: $5.46B
Progressive EBITDA in 2023 was $5.46B, surged 270.7% from 2022.
Progressive EBITDA 2022: $1.47B
Progressive EBITDA in 2022 was $1.47B, plunged 69.1% below 2021.
Progressive EBITDA 2021: $4.77B
Progressive EBITDA in 2021 was $4.77B.
See more financial history for Progressive (PGR).
Sector peers — EBITDA
Companies in the same sector as Progressive, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $81.42B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $73.02B | Financial Services |
| Bank of America Corporation (BAC) | $40.01B | Financial Services |
| Wells Fargo & Company (WFC) | $29.35B | Financial Services |
| Morgan Stanley (MS) | $26.61B | Financial Services |
| Visa Inc. (V) | $26.00B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $24.03B | Financial Services |
| Mastercard Incorporated (MA) | $20.19B | Financial Services |
Frequently asked questions
What is Progressive's EBITDA?
- Latest reported EBITDA for Progressive (PGR) is $15.07B (period ending March 31, 2026).
How has Progressive EBITDA changed year-over-year?
- Progressive (PGR) EBITDA changed +31.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Progressive EBITDA?
- Progressive (PGR) EBITDA compound annual growth rate is +13.9% over the most recent 5 years available.
When did Progressive EBITDA hit its highest annual value?
- Progressive EBITDA reached its highest annual value of $14.81B in 2025.
What was Progressive EBITDA in 2024?
- Progressive (PGR) EBITDA in 2024 was $11.28B.
What was Progressive EBITDA in 2025?
- Progressive (PGR) EBITDA in 2025 was $14.81B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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