Company / Capital Expenditures
Progressive Corporation Capital Expenditures History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Capital Expenditures
$348.0M
FY2025
5-year range
$223.5M / $363.5M
FY2021-FY2025
Trend
+22.1%
vs FY2024
Sector context
#25 of 299
Financials
What the data says
Among 299 Financials companies, Progressive Corporation is in the top 8% for capital expenditures. Capital Expenditures has increased for 3 consecutive years, from $224M in FY2022 to $348M in FY2025.
Based on SEC 10-K filings.
$348M in FY2025 with a 5-year CAGR of +5.5%. Top quartile in the Financials sector.
Improved from $252M to $348M over the past 2 years.
Financials sector context is included.
Capital Expenditures over time
Growth rates
- 3-Year CAGR
- +15.9%
- 5-Year CAGR
- +5.5%
- 10-Year CAGR
- -
Sector benchmark
Top 8% in FinancialsTop 8% of 299This company $348.0M Sector average $207.4M
▼
+67.8% above sector average
Key checks
Key Insights
- Progressive Corporation's capital expenditures has grown for 3 consecutive years.
- 5-year CAGR of +5.5%, indicating consistent growth.
- In FY2025, capital expenditures increased 22.1% year-over-year.
- Ranks #25 out of 299 companies in the Financials sector.
Company context
Key Data Points
- Altman Z-Score 1.04 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 30.2%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Capital ExpendituresValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $348.0M | +22.1% |
| FY2024 | $285.0M | +13.1% |
| FY2023 | $252.0M | +12.8% |
| FY2022 | $223.5M | -38.5% |
| FY2021 | $363.5M | +36.7% |
| FY2020 | $266.0M | -26.8% |
| FY2019 | $363.5M | +69.1% |
| FY2018 | $215.0M | +64.5% |
| FY2017 | $130.7M | +20.9% |
| FY2016 | $108.1M | -23.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026