Company / Operating Cash Flow
Progressive Corporation Operating Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Cash Flow
$17.5B
FY2025
5-year range
$6.3B / $17.5B
FY2021-FY2025
Trend
+16.1%
vs FY2024
Sector context
#6 of 409
Financials
What the data says
Among 409 Financials companies, Progressive Corporation is in the top 1% for operating cash flow. Operating Cash Flow has increased for 4 consecutive years, from $6.3B in FY2021 to $17.5B in FY2025.
Based on SEC 10-K filings.
$17.5B in FY2025 with a 5-year CAGR of +22.8%. Top quartile in the Financials sector.
Improved from $10.6B to $17.5B over the past 2 years.
Financials sector context is included.
Operating Cash Flow over time
Growth rates
- 3-Year CAGR
- +36.5%
- 5-Year CAGR
- +22.8%
- 10-Year CAGR
- -
Sector benchmark
Top 1% in FinancialsTop 1% of 409This company $17.5B Sector average $637.3M
▼
+2653.5% above sector average
Key checks
Key Insights
- Progressive Corporation's operating cash flow has grown for 4 consecutive years.
- 5-year CAGR of +22.8%, indicating consistent growth.
- In FY2025, operating cash flow increased 16.1% year-over-year.
- Ranks #6 out of 409 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 | Operating Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $17.5B | +16.1% |
| FY2024 | $15.1B | +42.1% |
| FY2023 | $10.6B | +54.1% |
| FY2022 | $6.9B | +10.3% |
| FY2021 | $6.3B | -0.4% |
| FY2020 | $6.3B | +0.4% |
| FY2019 | $6.3B | +129.1% |
| FY2018 | $2.7B | +19.2% |
| FY2017 | $2.3B | +32.9% |
| FY2016 | $1.7B | -9.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026