Company / PP&E (Net)
Progressive Corporation PP&E (Net) History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest PP&E (Net)
$783.0M
FY2025
5-year range
$783.0M / $1.1B
FY2021-FY2025
Trend
-0.9%
vs FY2024
Sector context
#40 of 314
Financials
What the data says
Progressive Corporation's pp&e (net) of $783M is higher than 87% of companies in the Financials sector (FY2025). PP&E (Net) has declined for 4 consecutive years, from $1.1B in FY2021 to $783M in FY2025.
Based on SEC 10-K filings.
$783M in FY2025 with a 5-year CAGR of -6.7%. Top quartile in the Financials sector.
Declined from $881M to $783M over the past 2 years.
Financials sector context is included.
PP&E (Net) over time
Growth rates
- 3-Year CAGR
- -8.9%
- 5-Year CAGR
- -6.7%
- 10-Year CAGR
- -
Sector benchmark
Top 13% in FinancialsTop 13% of 314This company $783.0M Sector average $477.2M
▼
+64.1% above sector average
Key checks
Key Insights
- Progressive Corporation's pp&e (net) has declined for 4 consecutive years.
- 5-year CAGR of -6.7%, indicating a declining trend.
- In FY2025, pp&e (net) decreased 0.9% year-over-year.
- Ranks #40 out of 314 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 | PP&E (Net)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | $783.0M | -0.9% |
| FY2024 | $790.0M | -10.3% |
| FY2023 | $881.0M | -14.8% |
| FY2022 | $1.0B | -9.1% |
| FY2021 | $1.1B | +2.8% |
| FY2020 | $1.1B | -8.9% |
| FY2019 | $1.2B | +7.2% |
| FY2018 | $1.1B | +1.1% |
| FY2017 | $1.1B | -4.9% |
| FY2016 | $1.2B | +13.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026