Company / Depreciation & Amortization
Progressive Corporation Depreciation & Amortization History
FY2016-FY2022 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Depreciation & Amortization
$274.9M
FY2022
5-year range
$239.8M / $274.9M
FY2018-FY2022
Trend
+14.6%
vs FY2021
Sector context
#36 of 296
Financials
What the data says
Progressive Corporation's depreciation & amortization of $275M is higher than 88% of companies in the Financials sector (FY2022). Depreciation & Amortization has increased for 5 consecutive years, from $97M in FY2016 to $275M in FY2022.
Based on SEC 10-K filings.
$275M in FY2022 with a 5-year CAGR of +21.5%. Top quartile in the Financials sector.
Increased from $190M to $275M over the past 2 years.
Financials sector context is included.
Depreciation & Amortization over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- +21.5%
- 10-Year CAGR
- -
Sector benchmark
+34.9% above sector average
Key checks
Key Insights
- 5-year CAGR of +21.5%, indicating consistent growth.
- In FY2022, depreciation & amortization increased 14.6% year-over-year.
- Ranks #36 out of 296 companies in the Financials sector.
- Lowest depreciation & amortization in the period was in FY2016.
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 | Depreciation & AmortizationValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | - | - |
| FY2022 | $274.9M | +14.6% |
| FY2021 | $239.8M | +25.9% |
| FY2020 | $190.4M | - |
| FY2019 | - | - |
| FY2018 | $137.4M | +32.5% |
| FY2017 | $103.7M | +6.8% |
| FY2016 | $97.1M | -4.1% |
As of FY2022 · SEC 10-K · Updated Jun 30, 2026