72/100B236.930
USD
1.45
(0.62%)
Market Open
Last updated: · Delayed 15 min
Fair value250.85Plus-6%131Price 236.93320
Q4 FY2026 · Earnings report
EPS estimate 4.02Revenue estimate 20.11B
Q4 FY2026 · Earnings report
EPS estimate 4.02Revenue estimate 20.11B
Progressive debt to equity ratioWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Progressive's debt to equity ratio is 0.24: total debt of 8.39B USD against shareholders' equity of 34.49B USD.
- Today
- 0.24
- Average, 5 years
- 0.31
- Low, 5 years
- 0.19
- High, 5 years
- 0.43
Debt to equity = total debt ÷ shareholders' equity = 8.39B ÷ 34.49B = 0.24
Debt to equity
Total debt
Shareholders' equity
Total debt over shareholders' equity at each quarter end.
Debt to equity by year and by quarter
| Fiscal year | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Today | 0.24 | 8.39B | 34.49B | |
| FY2025 | 31 Dec 2025 | 0.23 | 6.90B | 30.32B |
| FY2024 | 31 Dec 2024 | 0.27 | 6.89B | 25.59B |
| FY2023 | 31 Dec 2023 | 0.34 | 6.89B | 20.28B |
| FY2022 | 31 Dec 2022 | 0.40 | 6.39B | 15.89B |
| FY2021 | 31 Dec 2021 | 0.27 | 4.90B | 18.23B |
| FY2020 | 31 Dec 2020 | 0.32 | 5.40B | 17.04B |
| FY2019 | 31 Dec 2019 | 0.36 | 4.91B | 13.67B |
| FY2018 | 31 Dec 2018 | 0.41 | 4.40B | 10.82B |
| FY2017 | 31 Dec 2017 | 0.36 | 3.31B | 9.28B |
| FY2016 | 31 Dec 2016 | 0.40 | 3.15B | 7.96B |
| FY2015 | 31 Dec 2015 | 0.37 | 2.71B | 7.29B |
| FY2014 | 31 Dec 2014 | 0.31 | 2.16B | 6.93B |
| FY2013 | 31 Dec 2013 | 0.30 | 1.86B | 6.19B |
| FY2012 | 31 Dec 2012 | 0.34 | 2.06B | 6.01B |
| FY2011 | 31 Dec 2011 | 0.42 | 2.44B | 5.81B |
| FY2010 | 31 Dec 2010 | 0.32 | 1.96B | 6.05B |
| FY2009 | 31 Dec 2009 | 0.38 | 2.18B | 5.75B |
| FY2008 | 31 Dec 2008 | 0.52 | 2.18B | 4.22B |
| FY2007 | 31 Dec 2007 | 0.44 | 2.17B | 4.94B |
| FY2006 | 31 Dec 2006 | 0.17 | 1.19B | 6.85B |
| FY2005 | 31 Dec 2005 | 0.21 | 1.28B | 6.11B |
| FY2004 | 31 Dec 2004 | 0.25 | 1.28B | 5.16B |
| FY2003 | 31 Dec 2003 | 0.30 | 1.49B | 5.03B |
| FY2002 | 31 Dec 2002 | 0.40 | 1.49B | 3.77B |
| FY2001 | 31 Dec 2001 | 0.34 | 1.10B | 3.25B |
| FY2000 | 31 Dec 2000 | 0.26 | 748.80M | 2.87B |
| FY1999 | 31 Dec 1999 | 0.38 | 1.05B | 2.75B |
| FY1998 | 31 Dec 1998 | 0.30 | 776.60M | 2.56B |
| FY1997 | 31 Dec 1997 | 0.36 | 775.90M | 2.14B |
| FY1996 | 31 Dec 1996 | 0.46 | 775.70M | 1.68B |
| FY1995 | 31 Dec 1995 | 0.46 | 675.90M | 1.48B |
| FY1994 | 31 Dec 1994 | 0.59 | 675.60M | 1.15B |
| FY1993 | 31 Dec 1993 | 0.48 | 477.10M | 997.90M |
| FY1992 | 31 Dec 1992 | 0.90 | 568.50M | 629.00M |
| FY1991 | 31 Dec 1991 | 1.38 | 644.00M | 465.70M |
| FY1990 | 31 Dec 1990 | 1.57 | 640.80M | 408.50M |
| FY1989 | 31 Dec 1989 | 1.48 | 645.90M | 435.20M |
| FY1988 | 31 Dec 1988 | 1.15 | 479.20M | 417.20M |
| FY1987 | 31 Dec 1987 | 0.55 | 216.90M | 395.00M |
| FY1986 | 31 Dec 1986 | 0.32 | 100.80M | 311.40M |
| FY1985 | 31 Dec 1985 | 1.34 | 158.70M | 118.40M |
| Quarter | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 0.24 | 8.39B | 34.49B |
| Q2 FY2026 | 30 Jun 2026 | 0.24 | 8.39B | 34.33B |
| Q1 FY2026 | 31 Mar 2026 | 0.26 | 8.39B | 32.04B |
| Q4 FY2025 | 31 Dec 2025 | 0.23 | 6.90B | 30.32B |
| Q3 FY2025 | 30 Sept 2025 | 0.19 | 6.90B | 35.45B |
| Q2 FY2025 | 30 Jun 2025 | 0.21 | 6.90B | 32.60B |
| Q1 FY2025 | 31 Mar 2025 | 0.24 | 6.89B | 28.95B |
| Q4 FY2024 | 31 Dec 2024 | 0.27 | 6.89B | 25.59B |
| Q3 FY2024 | 30 Sept 2024 | 0.25 | 6.89B | 27.16B |
| Q2 FY2024 | 30 Jun 2024 | 0.30 | 6.89B | 23.34B |
| Q1 FY2024 | 31 Mar 2024 | 0.32 | 6.89B | 21.81B |
| Q4 FY2023 | 31 Dec 2023 | 0.34 | 6.89B | 20.28B |
| Q3 FY2023 | 30 Sept 2023 | 0.40 | 6.89B | 17.40B |
| Q2 FY2023 | 30 Jun 2023 | 0.41 | 6.89B | 16.71B |
| Q1 FY2023 | 31 Mar 2023 | 0.38 | 6.39B | 16.87B |
| Q4 FY2022 | 31 Dec 2022 | 0.40 | 6.39B | 15.89B |
| Q3 FY2022 | 30 Sept 2022 | 0.43 | 6.39B | 14.78B |
| Q2 FY2022 | 30 Jun 2022 | 0.41 | 6.39B | 15.65B |
| Q1 FY2022 | 31 Mar 2022 | 0.37 | 6.39B | 17.05B |
| Q4 FY2021 | 31 Dec 2021 | 0.27 | 4.90B | 18.23B |
| Q3 FY2021 | 30 Sept 2021 | 0.26 | 4.90B | 18.56B |
| Q2 FY2021 | 30 Jun 2021 | 0.29 | 5.40B | 18.68B |
| Q1 FY2021 | 31 Mar 2021 | 0.30 | 5.40B | 17.84B |
| Q4 FY2020 | 31 Dec 2020 | 0.32 | 5.40B | 17.04B |
| Q3 FY2020 | 30 Sept 2020 | 0.30 | 5.40B | 18.09B |
| Q2 FY2020 | 30 Jun 2020 | 0.32 | 5.39B | 16.67B |
| Q1 FY2020 | 31 Mar 2020 | 0.38 | 5.39B | 14.35B |
| Q4 FY2019 | 31 Dec 2019 | 0.36 | 4.91B | 13.67B |
| Q3 FY2019 | 30 Sept 2019 | 0.31 | 4.41B | 14.12B |
| Q2 FY2019 | 30 Jun 2019 | 0.33 | 4.41B | 13.33B |
| Q1 FY2019 | 31 Mar 2019 | 0.36 | 4.41B | 12.11B |
| Q4 FY2018 | 31 Dec 2018 | 0.41 | 4.40B | 10.82B |
| Q3 FY2018 | 30 Sept 2018 | 0.33 | 3.86B | 11.86B |
| Q2 FY2018 | 30 Jun 2018 | 0.35 | 3.86B | 11.00B |
| Q1 FY2018 | 31 Mar 2018 | 0.37 | 3.86B | 10.32B |
| Q4 FY2017 | 31 Dec 2017 | 0.36 | 3.31B | 9.28B |
| Q3 FY2017 | 30 Sept 2017 | 0.36 | 3.31B | 9.29B |
| Q2 FY2017 | 30 Jun 2017 | 0.38 | 3.38B | 8.99B |
| Q1 FY2017 | 31 Mar 2017 | 0.37 | 3.11B | 8.52B |
| Q4 FY2016 | 31 Dec 2016 | 0.40 | 3.15B | 7.96B |
| Q3 FY2016 | 30 Sept 2016 | 0.39 | 3.15B | 8.09B |
| Q2 FY2016 | 30 Jun 2016 | 0.34 | 2.66B | 7.84B |
| Q1 FY2016 | 31 Mar 2016 | 0.36 | 2.70B | 7.56B |
| Q4 FY2015 | 31 Dec 2015 | 0.37 | 2.71B | 7.29B |
| Q3 FY2015 | 30 Sept 2015 | 0.36 | 2.71B | 7.46B |
| Q2 FY2015 | 30 Jun 2015 | 0.37 | 2.74B | 7.36B |
| Q1 FY2015 | 31 Mar 2015 | 0.36 | 2.56B | 7.20B |
| Q4 FY2014 | 31 Dec 2014 | 0.31 | 2.16B | 6.93B |
| Q3 FY2014 | 30 Sept 2014 | 0.31 | 2.16B | 6.94B |
| Q2 FY2014 | 30 Jun 2014 | 0.33 | 2.21B | 6.79B |
| Q1 FY2014 | 31 Mar 2014 | 0.29 | 1.86B | 6.44B |
| Q4 FY2013 | 31 Dec 2013 | 0.30 | 1.86B | 6.19B |
| Q3 FY2013 | 30 Sept 2013 | 0.30 | 2.01B | 6.79B |
| Q2 FY2013 | 30 Jun 2013 | 0.32 | 2.06B | 6.52B |
| Q1 FY2013 | 31 Mar 2013 | 0.32 | 2.06B | 6.39B |
| Q4 FY2012 | 31 Dec 2012 | 0.34 | 2.06B | 6.01B |
| Q3 FY2012 | 30 Sept 2012 | 0.31 | 2.06B | 6.55B |
| Q2 FY2012 | 30 Jun 2012 | 0.33 | 2.06B | 6.29B |
| Q1 FY2012 | 31 Mar 2012 | 0.33 | 2.08B | 6.25B |
| Q4 FY2011 | 31 Dec 2011 | 0.42 | 2.44B | 5.81B |
| Q3 FY2011 | 30 Sept 2011 | 0.42 | 2.44B | 5.82B |
| Q2 FY2011 | 30 Jun 2011 | 0.31 | 1.96B | 6.35B |
| Q1 FY2011 | 31 Mar 2011 | 0.31 | 1.96B | 6.32B |
| Q4 FY2010 | 31 Dec 2010 | 0.32 | 1.96B | 6.05B |
| Q3 FY2010 | 30 Sept 2010 | 0.29 | 1.96B | 6.71B |
| Q2 FY2010 | 30 Jun 2010 | 0.35 | 2.18B | 6.30B |
| Q1 FY2010 | 31 Mar 2010 | 0.35 | 2.18B | 6.21B |
| Q4 FY2009 | 31 Dec 2009 | 0.38 | 2.18B | 5.75B |
| Q3 FY2009 | 30 Sept 2009 | 0.40 | 2.18B | 5.50B |
| Q2 FY2009 | 30 Jun 2009 | 0.44 | 2.18B | 4.93B |
| Q1 FY2009 | 31 Mar 2009 | 0.51 | 2.18B | 4.30B |
| Q4 FY2008 | 31 Dec 2008 | 0.52 | 2.18B | 4.22B |
| Q3 FY2008 | 30 Sept 2008 | 0.51 | 2.18B | 4.26B |
| Q2 FY2008 | 30 Jun 2008 | 0.45 | 2.17B | 4.81B |
| Q1 FY2008 | 31 Mar 2008 | 0.46 | 2.17B | 4.75B |
| Q4 FY2007 | 31 Dec 2007 | 0.44 | 2.17B | 4.94B |
| Q3 FY2007 | 30 Sept 2007 | 0.41 | 2.17B | 5.34B |
| Q2 FY2007 | 30 Jun 2007 | 0.39 | 2.17B | 5.50B |
| Q1 FY2007 | 31 Mar 2007 | 0.17 | 1.19B | 6.93B |
| Q4 FY2006 | 31 Dec 2006 | 0.17 | 1.19B | 6.85B |
| Q3 FY2006 | 30 Sept 2006 | 0.18 | 1.19B | 6.71B |
| Q2 FY2006 | 30 Jun 2006 | 0.18 | 1.19B | 6.42B |
| Q1 FY2006 | 31 Mar 2006 | 0.20 | 1.29B | 6.32B |
| Q4 FY2005 | 31 Dec 2005 | 0.21 | 1.28B | 6.11B |
| Q3 FY2005 | 30 Sept 2005 | 0.22 | 1.28B | 5.81B |
| Q2 FY2005 | 30 Jun 2005 | 0.23 | 1.28B | 5.59B |
| Q1 FY2005 | 31 Mar 2005 | 0.24 | 1.28B | 5.29B |
| Q4 FY2004 | 31 Dec 2004 | 0.25 | 1.28B | 5.16B |
| Q3 FY2004 | 30 Sept 2004 | 0.21 | 1.29B | 6.13B |
| Q2 FY2004 | 30 Jun 2004 | 0.23 | 1.29B | 5.72B |
| Q1 FY2004 | 31 Mar 2004 | 0.23 | 1.29B | 5.54B |
| Q4 FY2003 | 31 Dec 2003 | 0.30 | 1.49B | 5.03B |
| Q3 FY2003 | 30 Sept 2003 | 0.32 | 1.49B | 4.59B |
| Q2 FY2003 | 30 Jun 2003 | 0.34 | 1.49B | 4.38B |
| Q1 FY2003 | 31 Mar 2003 | 0.38 | 1.49B | 3.95B |
| Q4 FY2002 | 31 Dec 2002 | 0.40 | 1.49B | 3.77B |
| Q3 FY2002 | 30 Sept 2002 | 0.31 | 1.10B | 3.54B |
| Q2 FY2002 | 30 Jun 2002 | 0.32 | 1.10B | 3.38B |
| Q1 FY2002 | 31 Mar 2002 | 0.33 | 1.10B | 3.37B |
| Q4 FY2001 | 31 Dec 2001 | 0.34 | 1.10B | 3.25B |
| Q3 FY2001 | 30 Sept 2001 | 0.24 | 749.10M | 3.10B |
| Q2 FY2001 | 30 Jun 2001 | 0.25 | 749.00M | 3.02B |
| Q1 FY2001 | 31 Mar 2001 | 0.26 | 748.90M | 2.93B |
| Q4 FY2000 | 31 Dec 2000 | 0.26 | 748.80M | 2.87B |
| Q3 FY2000 | 30 Sept 2000 | 0.38 | 1.05B | 2.80B |
| Q2 FY2000 | 30 Jun 2000 | 0.38 | 1.05B | 2.73B |
| Q1 FY2000 | 31 Mar 2000 | 0.39 | 1.05B | 2.72B |
| Q4 FY1999 | 31 Dec 1999 | 0.38 | 1.05B | 2.75B |
| Q3 FY1999 | 30 Sept 1999 | 0.38 | 1.04B | 2.76B |
| Q2 FY1999 | 30 Jun 1999 | 0.38 | 1.04B | 2.76B |
| Q1 FY1999 | 31 Mar 1999 | 0.40 | 1.07B | 2.69B |
| Q4 FY1998 | 31 Dec 1998 | 0.30 | 776.60M | 2.56B |
| Q3 FY1998 | 30 Sept 1998 | 0.32 | 776.40M | 2.41B |
| Q2 FY1998 | 30 Jun 1998 | 0.32 | 776.20M | 2.41B |
| Q1 FY1998 | 31 Mar 1998 | 0.34 | 776.10M | 2.30B |
| Q4 FY1997 | 31 Dec 1997 | 0.36 | 775.90M | 2.14B |
| Q3 FY1997 | 30 Sept 1997 | 0.38 | 775.90M | 2.06B |
| Q2 FY1997 | 30 Jun 1997 | 0.41 | 775.90M | 1.90B |
| Q1 FY1997 | 31 Mar 1997 | 0.45 | 775.80M | 1.74B |
| Q4 FY1996 | 31 Dec 1996 | 0.46 | 775.70M | 1.68B |
| Q3 FY1996 | 30 Sept 1996 | 0.53 | 818.50M | 1.55B |
| Q2 FY1996 | 30 Jun 1996 | 0.53 | 775.60M | 1.46B |
| Q1 FY1996 | 31 Mar 1996 | 0.45 | 675.90M | 1.51B |
| Q4 FY1995 | 31 Dec 1995 | 0.46 | 675.90M | 1.48B |
| Q3 FY1995 | 30 Sept 1995 | 0.49 | 675.70M | 1.39B |
| Q2 FY1995 | 30 Jun 1995 | 0.51 | 675.70M | 1.32B |
| Q1 FY1995 | 31 Mar 1995 | 0.54 | 675.70M | 1.24B |
| Q4 FY1994 | 31 Dec 1994 | 0.59 | 675.60M | 1.15B |
| Q3 FY1994 | 30 Sept 1994 | 0.62 | 675.60M | 1.09B |
| Q2 FY1994 | 30 Jun 1994 | 0.66 | 675.50M | 1.03B |
| Q1 FY1994 | 31 Mar 1994 | 0.66 | 675.40M | 1.02B |
| Q4 FY1993 | 31 Dec 1993 | 0.48 | 477.10M | 997.90M |
| Q3 FY1993 | 30 Sept 1993 | 0.60 | 568.60M | 953.50M |
| Q2 FY1993 | 30 Jun 1993 | 0.78 | 568.50M | 728.60M |
| Q1 FY1993 | 31 Mar 1993 | 0.84 | 568.50M | 677.60M |
| Q4 FY1992 | 31 Dec 1992 | 0.90 | 568.50M | 629.00M |
| Q3 FY1992 | 30 Sept 1992 | 1.26 | 643.60M | 511.90M |
| Q2 FY1992 | 30 Jun 1992 | 1.27 | 644.00M | 505.70M |
| Q1 FY1992 | 31 Mar 1992 | 1.29 | 644.00M | 499.80M |
| Q4 FY1991 | 31 Dec 1991 | 1.38 | 644.00M | 465.70M |
| Q3 FY1991 | 30 Sept 1991 | 1.33 | 644.00M | 484.30M |
| Q2 FY1991 | 30 Jun 1991 | 1.29 | 644.40M | 498.90M |
| Q1 FY1991 | 31 Mar 1991 | 1.51 | 644.40M | 425.90M |
| Q4 FY1990 | 31 Dec 1990 | 1.57 | 640.80M | 408.50M |
| Q3 FY1990 | 30 Sept 1990 | 1.58 | 644.40M | 408.00M |
| Q2 FY1990 | 30 Jun 1990 | 1.42 | 644.90M | 453.90M |
| Q1 FY1990 | 31 Mar 1990 | 1.44 | 644.90M | 446.90M |
| Q4 FY1989 | 31 Dec 1989 | 1.48 | 645.90M | 435.20M |
| Q3 FY1989 | 30 Sept 1989 | 1.38 | 644.90M | 466.40M |
| Q2 FY1989 | 30 Jun 1989 | 1.43 | 645.70M | 452.70M |
| Q1 FY1989 | 31 Mar 1989 | 1.51 | 664.10M | 440.30M |
| Q4 FY1988 | 31 Dec 1988 | 1.15 | 479.20M | 417.20M |
| Q3 FY1988 | 30 Sept 1988 | — | — | — |
| Q2 FY1988 | 30 Jun 1988 | — | — | — |
| Q1 FY1988 | 31 Mar 1988 | — | — | — |
| Q4 FY1987 | 31 Dec 1987 | 0.55 | 216.90M | 395.00M |
| Q3 FY1987 | 30 Sept 1987 | — | — | — |
| Q2 FY1987 | 30 Jun 1987 | — | — | — |
| Q1 FY1987 | 31 Mar 1987 | — | — | — |
| Q4 FY1986 | 31 Dec 1986 | 0.32 | 100.80M | 311.40M |
| Q3 FY1986 | 30 Sept 1986 | — | — | — |
| Q2 FY1986 | 30 Jun 1986 | — | — | — |
| Q1 FY1986 | 31 Mar 1986 | — | — | — |
| Q4 FY1985 | 31 Dec 1985 | 1.34 | 158.70M | 118.40M |
| Q3 FY1985 | 30 Sept 1985 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,ROE (return on equity),Current ratio,All ratios
Common questions about Progressive's debt to equity
Source: Financial Modeling PrepVerified against SEC filings