The Progressive Corporation
PGRNYSEFinancial Services● Active
$204.02
+$8.64(+4.42%)
Market Cap$119.2B
P/E Ratio—
52W High$283.95
52W Low$189.2
The Progressive Corporation (PGR) · Cash Flow
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · PGR · as of 2026-06-08
Financial statements
Operating CF · CapEx · Free Cash Flow
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | $11.31B | $8.48B | $3.90B | $0.72B | $3.35B |
| Depreciation & Amort. | $0.31B | $0.28B | $0.30B | $0.34B | $0.34B |
| Stock-Based Comp. | $0.00B | $0.12B | $0.12B | $0.12B | $0.10B |
| Change in Working Capital | $6.63B | $6.51B | $6.60B | $3.56B | $5.36B |
| Net Cash from Operations | $17.55B | $15.12B | $10.64B | $6.85B | $7.76B |
| Investing Activities | |||||
| Capital Expenditure | ($0.35B) | ($0.28B) | ($0.25B) | ($0.29B) | ($0.24B) |
| Purchases of Investments | ($59.09B) | ($47.95B) | ($25.86B) | ($28.54B) | ($34.02B) |
| Sales of Investments | $44.76B | $34.23B | $15.24B | $21.02B | $31.34B |
| Net Cash from Investing | ($14.53B) | ($13.75B) | ($10.84B) | ($7.96B) | ($3.12B) |
| Financing Activities | |||||
| Common Stock Repurchased | ($0.17B) | ($0.63B) | ($0.14B) | ($0.10B) | ($0.22B) |
| Dividends Paid | ($2.87B) | ($0.68B) | ($0.28B) | ($0.26B) | ($3.77B) |
| Debt Issued / Repaid | $0.00B | $0.00B | $0.50B | $1.49B | ($0.52B) |
| Net Cash from Financing | ($3.04B) | ($1.32B) | $0.08B | $1.13B | ($4.52B) |
| Free Cash Flow | |||||
| Free Cash Flow | $17.20B | $14.83B | $10.39B | $6.56B | $7.52B |
| FCF Margin %(computed) | 19.63% | 19.69% | 16.74% | 13.22% | 15.77% |
Data source: Financial Modeling Prep · Last updated: 2026-06-08 · USD · B
Explore more The Progressive Corporation data
About The Progressive Corporation (PGR) Cash Flow Statement
The Progressive Corporation generated operating cash flow of $17.55B and free cash flow of $17.20B for 2025 — a FCF margin of 19.63%. Capital expenditure was ($0.35B).
Frequently asked questions
PGR · 4 questionsThe Progressive Corporation generated free cash flow of $17.20B for 2025, up 15.9% year-over-year.
PGR free cash flowFCF margincash flow yield
· Source: FMP /stable/cash-flow-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-08