Free Cash Flow for Progressive (PGR)
Free Cash Flow for Progressive (PGR): headline value $17.20B · YoY +15.9%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
PGR
Currently viewingFree Cash FlowSwitch metric
Latest period
$17.20B
YoY change
+15.9%
5Y CAGR
+20.8%
Peak year (2025)
$17.20B
Latest annual
$17.20B
Free Cash Flow history chart for Progressive (PGR) from 1989 to 2025
Free Cash Flow history table for Progressive (PGR) from 1989 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $17.20B | +15.9% | ||
| 2024 | $14.83B | +42.8% | ||
| 2023 | $10.39B | +58.5% | ||
| 2022 | $6.56B | -12.8% | ||
| 2021 | $7.52B | +12.5% | ||
| 2020 | $6.68B | +13.3% | ||
| 2019 | $5.90B | -2.0% | ||
| 2018 | $6.02B | +67.1% | ||
| 2017 | $3.60B | +44.8% | ||
| 2016 | $2.49B | +15.0% | ||
| 2015 | $2.16B | +33.7% | ||
| 2014 | $1.62B | -8.1% | ||
| 2013 | $1.76B | +12.5% | ||
| 2012 | $1.56B | +10.2% | ||
| 2011 | $1.42B | -12.1% | ||
| 2010 | $1.61B | +13.7% | ||
| 2009 | $1.42B | -2.1% | ||
| 2008 | $1.45B | -12.3% | ||
| 2007 | $1.65B | -2.1% | ||
| 2006 | $1.69B | -4.8% | ||
| 2005 | $1.77B | -28.2% | ||
| 2004 | $2.47B | +9.0% | ||
| 2003 | $2.27B | +24.4% | ||
| 2002 | $1.82B | +57.1% | ||
| 2001 | $1.16B | +67.6% | ||
| 2000 | $692.10M | +10.3% | ||
| 1999 | $627.60M | +41.4% | ||
| 1998 | $443.80M | -27.6% | ||
| 1997 | $612.80M | -0.6% | ||
| 1996 | $616.40M | +25.2% | ||
| 1995 | $492.30M | +25.2% | ||
| 1994 | $393.10M | +49.2% | ||
| 1993 | $263.50M | +90.3% | ||
| 1992 | $138.50M | -4.8% | ||
| 1991 | $145.50M | -301.5% | ||
| 1990 | -$72.20M | -141.0% | ||
| 1989 | $176.10M | — |
Free Cash Flow values are taken from Progressive's reported cash flow 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
As of the 2025 fiscal year, Progressive (PGR) reported free cash flow of $17.20B – grew 15.9% year-over-year.
Through 2020–2025 (5 years), Progressive free cash flow delivered a +20.8% annualised rate; sustaining 3 straight years of year-over-year growth.
Across the available history, free cash flow reached its high of $17.20B in 2025 and its low of -$72.20M in 1990.
Progressive (PGR) sits 5th of 8 Financial Services peers we track on this metric, against a peer median of $19.24B.
Progressive Free Cash Flow by Year
Progressive Free Cash Flow 2025: $17.20B
Progressive free cash flow in 2025 was $17.20B, grew 15.9% from 2024. This figure represents the highest annual value in the available history.
Progressive Free Cash Flow 2024: $14.83B
Progressive free cash flow in 2024 was $14.83B, surged 42.8% from 2023.
Progressive Free Cash Flow 2023: $10.39B
Progressive free cash flow in 2023 was $10.39B, surged 58.5% from 2022.
Progressive Free Cash Flow 2022: $6.56B
Progressive free cash flow in 2022 was $6.56B, declined 12.8% below 2021.
Progressive Free Cash Flow 2021: $7.52B
Progressive free cash flow in 2021 was $7.52B.
See more financial history for Progressive (PGR).
Sector peers — Free Cash Flow
Companies in the same sector as Progressive, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $100.87B | Financial Services |
| Morgan Stanley (MS) | $46.10B | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $25.04B | Financial Services |
| Visa Inc. (V) | $21.58B | Financial Services |
| Mastercard Incorporated (MA) | $16.91B | Financial Services |
| Bank of America Corporation (BAC) | $12.61B | Financial Services |
| Wells Fargo & Company (WFC) | -$19.00B | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | -$47.22B | Financial Services |
Frequently asked questions
What is Progressive's free cash flow?
Latest reported free cash flow for Progressive (PGR) is $17.20B (period ending December 31, 2025).
How has Progressive free cash flow changed year-over-year?
Progressive (PGR) free cash flow changed +15.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Progressive free cash flow?
Progressive (PGR) free cash flow compound annual growth rate is +20.8% over the most recent 5 years available.
When did Progressive free cash flow hit its highest annual value?
Progressive free cash flow reached its highest annual value of $17.20B in 2025.
What was Progressive free cash flow in 2024?
Progressive (PGR) free cash flow in 2024 was $14.83B.
What was Progressive free cash flow in 2025?
Progressive (PGR) free cash flow in 2025 was $17.20B.
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