Company / Goodwill
Progressive Corporation Goodwill History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Goodwill
$228.0M
FY2024
5-year range
$227.9M / $452.7M
FY2020-FY2024
Trend
+0.0%
vs FY2023
Sector context
#192 of 305
Financials
What the data says
At $228M, Progressive Corporation's goodwill ranks #192 of 305 in the Financials sector.
Based on SEC 10-K filings.
$228M in FY2024 with a 5-year CAGR of -12.8%.
Remained stable around $228M over the past 2 years.
Financials sector context is included.
Goodwill over time
Growth rates
- 3-Year CAGR
- -20.4%
- 5-Year CAGR
- -12.8%
- 10-Year CAGR
- -
Sector benchmark
#192 of 305 in FinancialsTop 63% of 305This company $228.0M Sector average $3.3B
▼
-93.1% below sector average
Key checks
Key Insights
- 5-year CAGR of -12.8%, indicating a declining trend.
- In FY2024, goodwill increased 0.0% year-over-year.
- Ranks #192 out of 305 companies in the Financials sector.
- Peak goodwill was recorded in FY2021.
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 | GoodwillValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $228.0M | +0.0% |
| FY2023 | $228.0M | +0.0% |
| FY2022 | $227.9M | -49.7% |
| FY2021 | $452.7M | +0.0% |
| FY2020 | $452.7M | +0.0% |
| FY2019 | $452.7M | +0.0% |
| FY2018 | $452.7M | +0.0% |
| FY2017 | $452.7M | +0.7% |
| FY2016 | $449.4M | +0.4% |
As of FY2024 · SEC 10-K · Updated Jun 30, 2026