Companies: 10,795·Total market cap: $144.5T
The Progressive Corporation

The Progressive Corporation

PGRNYSEFinancial Services● Active
$201.47
$-2.55(-1.25%)
Market Cap$117.7B
P/E Ratio—
52W High$283.95
52W Low$189.2
Overview

The Progressive Corporation (PGR) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

PGR · cash on hand · updated Dec 31, 2025

Core cash position

Cash & Short-Term Investments (CCE + ST Investments)
$19.84B▼ -73.9% vs prior year
FY · as of Dec 31, 2025 · Reported in USD
Cash & Cash Equiv. (CCE)
$125.0M
cashAndCashEquivalents
Short-Term Investments
$19.71B
shortTermInvestments
YoY Change vs Prior Year
-73.9%
vs prior fiscal year
Latest Quarter
$2.29B
Q1 2026
Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in USD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash & ST Investments$19.84BCash on Hand
Total Debt$6.90BTotal Debt
Net Cash / Net Debt+$12.94BNet Cash Position
Cash vs Debt Ratio
Cash 74%Debt 26%

The Progressive Corporation has a net cash position of $12.94B, holding more cash than debt.

Net Cash = Cash & ST Investments − Total Debt$19.84B − $6.90B = +$12.94B

Cash on hand history

YoY Increase
YoY Decrease
Latest Year
PGR annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

DateCash & ST InvestmentsYoY Change
Dec 31, 2025Latest$19.84B-73.9%
Dec 31, 2024$76.09B+22.2%
Dec 31, 2023$62.25B+25.2%
Dec 31, 2022$49.72B+10.5%
Dec 31, 2021$45.00B+6.9%
PGR cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Financial Services Sector Cash Reserves Comparison

#CompanyCash & ST Inv.Cash/MCap
#1
JPMorgan Chase & Co.
JPMorgan Chase & Co.
JPM
$1.48T177.0%#2
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-B
$373.31B35.5%#3
Visa Inc.
Visa Inc.
V
$21.99B3.6%
#4
The Progressive Corporation
The Progressive CorporationYOU
PGR
$19.84B16.9%
#5
Mastercard Incorporated
Mastercard Incorporated
MA
$10.90B2.5%
Financial Services sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

The Progressive Corporation (PGR) cash on hand as of December 31, 2025 is $19.84B, comprising $125.0M in cash and cash equivalents (CCE) plus $19.71B in short-term investments — reported as The Progressive Corporation cash and short-term investments on the balance sheet (10-K filing). Also referred to as The Progressive Corporation cash reserves or cash position.

The Progressive Corporation annual cash on hand history shows decreased -73.9% in 2025: decreased -73.9% in 2025. The Progressive Corporation cash reserves in 2025 reflect the company's capital allocation strategy.

The Progressive Corporation carries total debt of $6.90B against cash of $19.84B, resulting in a net cash position of +$12.94B. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.
Financial statementsFree cash flowNet incomeRevenueMarket capP/E ratioEarningsPrice history

Frequently asked questions

PGR cash on hand · 5 questions

As of December 31, 2025, The Progressive Corporation (PGR) has $19.84B in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $125,000,000 in cash and cash equivalents (CCE) plus $19.71B in short-term investments. Latest quarter (March 31, 2026): $2.29B. Data sourced from the annual 10-K filing via FMP.

PGR cash on handPGR cash reservesPGR cash 2025how much cash does PGR have

▸ Source: FMP /balance-sheet-statement · US GAAP · The Progressive Corporation · The Progressive Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025