Progressive Corp. balance sheet
At the end of its fiscal year on Dec 31, 2025, Progressive Corp. reported total assets of $123.04B and shareholders' equity of $30.32B. That works out to liabilities equal to 75% of assets.
Balance sheet at each fiscal year end
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $33.43B | $38.70B | $46.58B | $54.91B | $64.10B | $71.13B | $75.47B | $88.69B | $105.75B | $123.04B |
| Cash & equivalents | $226.40M | $275.30M | $75.00M | $227.40M | $76.50M | $202.00M | $221.00M | $100.00M | $154.00M | $138.00M |
| Total liabilities | $24.99B | $28.91B | $35.54B | $41.01B | $47.06B | $52.90B | $59.57B | $68.41B | $80.15B | $92.72B |
| Shareholders' equity | $7.96B | $9.28B | $10.82B | $13.67B | $17.04B | $18.23B | $15.89B | $20.28B | $25.59B | $30.32B |
| Reported in | 10-K 2018 | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 |
Balance-sheet figures are point-in-time values on the last day of each fiscal year. Some companies (for example banks and insurers) do not present current assets and liabilities; those cells show —.
Source: SEC EDGAR XBRL company facts for CIK 80661 (raw data). Most recent filing in this dataset: 10-Q filed Nov 2, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.