PGR

Progressive
D

PGR

Arincen72/100B

Progressive free cash flow 1989–2026

Progressive's free cash flow in Q3 FY2026, the three months to 30 September 2026, was 4.40B USD, down 14.2% on the same quarter a year before. Progressive's free cash flow over the last twelve months was 15.22B USD, down 10.7% on the twelve months before. In fiscal year 2025 it was 17.20B USD, up 15.9% on the year before.

Last updated 11 Nov 2026 · Next report 27 Jan 2027

Free cash flow

Free cash flow · +23.0% a year over 10 yearsFree cash flow margin

Growth

Fiscal yearPeriod endingFree cash flowGrowthFree cash flow marginOperating cash flowCapital expenditureFree cash flow per share
TTM30 Sept 202615.22B-10.70%16.60%15.66B-438.00M26.01
FY202531 Dec 202517.20B+15.95%19.63%17.55B-348.00M29.24
FY202431 Dec 202414.83B+42.75%19.69%15.12B-285.00M25.24
FY202331 Dec 202310.39B+58.48%16.74%10.64B-252.00M17.69
FY202231 Dec 20226.56B-12.79%13.22%6.85B-292.00M11.17
FY202131 Dec 20217.52B+12.51%15.77%7.76B-243.50M12.81
FY202031 Dec 20206.68B+13.29%15.67%6.91B-223.50M11.37
FY201931 Dec 20195.90B-2.01%15.12%6.26B-363.50M10.04
FY201831 Dec 20186.02B+67.14%18.84%6.28B-266.00M10.26
FY201731 Dec 20173.60B+44.80%13.43%3.76B-155.70M6.15
FY201631 Dec 20162.49B+15.02%10.62%2.70B-215.00M4.25
FY201531 Dec 20152.16B+33.68%10.38%2.29B-130.70M3.67
FY201431 Dec 20141.62B-8.07%8.35%1.73B-108.10M2.72
FY201331 Dec 20131.76B+12.52%9.69%1.90B-140.40M2.92
FY201231 Dec 20121.56B+10.20%9.16%1.69B-127.70M2.57
FY201131 Dec 20111.42B-12.11%9.00%1.50B-78.90M2.23
FY201031 Dec 20101.61B+13.69%10.62%1.68B-64.70M2.43
FY200931 Dec 20091.42B-2.10%9.75%1.49B-66.60M2.13
FY200831 Dec 20081.45B-12.33%11.30%1.55B-98.50M2.15
FY200731 Dec 20071.65B-2.11%11.27%1.79B-136.30M2.30
FY200631 Dec 20061.69B-4.76%11.43%2.02B-334.30M2.18
FY200531 Dec 20051.77B-28.16%12.41%1.99B-219.30M2.22
FY200431 Dec 20042.47B+9.03%17.93%2.66B-192.00M2.86
FY200331 Dec 20032.27B+24.35%19.05%2.44B-171.10M2.57
FY200231 Dec 20021.82B+57.12%19.60%1.91B-89.90M2.04
FY200131 Dec 20011.16B+67.56%15.49%1.23B-74.90M1.29
FY200031 Dec 2000692.10M+10.28%10.22%822.40M-130.30M0.78
FY199931 Dec 1999627.60M+41.42%10.25%775.10M-147.50M0.70
FY199831 Dec 1998443.80M-27.58%8.39%618.00M-174.20M0.50
FY199731 Dec 1997612.80M-0.58%13.30%734.70M-121.90M0.68
FY199631 Dec 1996616.40M+25.21%17.72%652.20M-35.80M0.67
FY199531 Dec 1995492.30M+25.24%16.35%530.60M-38.30M0.53
FY199431 Dec 1994393.10M+49.18%16.28%451.30M-58.20M0.43
FY199331 Dec 1993263.50M+90.25%13.48%323.50M-60.00M0.29
FY199231 Dec 1992138.50M-4.81%7.96%150.60M-12.10M0.15
FY199131 Dec 1991145.50M—9.74%190.60M-45.10M0.15
FY199031 Dec 1990-72.20M-141.00%-52.82%-72.20M0.00-0.08
FY198931 Dec 1989176.10M—12.64%193.00M-16.90M0.17

Figures in USD. Free cash flow is operating cash flow less capital expenditure; owner earnings take off only the spending that keeps the business as it is, not the spending to grow it (an estimate by Financial Modeling Prep). Quarterly growth is on the same quarter a year before; TTM is the last four quarters.

See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Stock buybacks,Cash flow

Common questions about Progressive's free cash flow

Source: Financial Modeling PrepVerified against SEC filings