Company / Income Tax
Progressive Corporation Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$2.9B
FY2025
5-year range
$1.0B / $2.9B
FY2021-FY2025
Trend
+30.5%
vs FY2024
Sector context
#11 of 399
Financials
What the data says
Among 399 Financials companies, Progressive Corporation is in the bottom 3% for income tax. Income Tax has fluctuated over the past 10 years, ranging from $414M in FY2018 to $2.9B in FY2025.
Based on SEC 10-K filings.
$2.9B in FY2025 with a 5-year CAGR of +40.0%. Top quartile in the Financials sector.
Increased from $1.0B to $2.9B over the past 2 years.
Financials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- +25.7%
- 5-Year CAGR
- +40.0%
- 10-Year CAGR
- -
Sector benchmark
Bottom 3% in FinancialsTop 97% of 399This company $2.9B Sector average $355.4M
▼
+720.2% above sector average
Key checks
Key Insights
- 5-year CAGR of +40.0%, indicating consistent growth.
- In FY2025, income tax increased 30.5% year-over-year.
- Ranks #11 out of 399 companies in the Financials sector.
- Lowest income tax in the period was in FY2018.
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 | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $2.9B | +30.5% |
| FY2024 | $2.2B | +123.1% |
| FY2023 | $1.0B | -31.8% |
| FY2022 | $1.5B | +24.4% |
| FY2021 | $1.2B | +117.5% |
| FY2020 | $542.6M | -54.0% |
| FY2019 | $1.2B | +185.4% |
| FY2018 | $413.5M | -32.3% |
| FY2017 | $611.1M | -2.4% |
| FY2016 | $626.4M | +12.9% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026