# PROGRESSIVE CORP/OH/ (PGR) FY2026 Q2 Balance Sheet

- Company: PROGRESSIVE CORP/OH/ (PGR)
- Period: As of 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-08-03, accession number 0000080661-26-000308
- Page: https://plicit.ai/financials/pgr/fy2026-q2-balance-sheet
- Chart image: https://plicit.ai/charts/pgr-fy2026-q2-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2026-06-30. The chart shows assets, liabilities and equity at that date.

- **Assets**: 124,925,000,000 US dollars
- **Liabilities**: 90,592,000,000 US dollars
- **Equity**: 34,333,000,000 US dollars
- **Fixed maturities (amortized cost: $91,485, $82,372, and $82,704)**: 90,435,000,000 US dollars
- **Premiums receivable, net of allowance for credit losses of $544, $501, and $552**: 17,106,000,000 US dollars
- **Common equities (cost: $870, $775, and $819)**: 4,532,000,000 US dollars
- **Reinsurance recoverables**: 3,919,000,000 US dollars
- **Deferred acquisition costs**: 2,211,000,000 US dollars
- **Short-term investments (amortized cost: $1,978, $2,103, and $10,005)**: 1,978,000,000 US dollars
- **Other assets**: 1,742,000,000 US dollars
- **Property and equipment, net of accumulated depreciation of $1,381, $1,369, and $1,460**: 922,000,000 US dollars
- **Accrued investment income**: 728,000,000 US dollars
- **Net federal deferred income taxes**: 681,000,000 US dollars
- **Nonredeemable preferred stocks (cost: $292, $517, and $419)**: 276,000,000 US dollars
- **Prepaid reinsurance premiums**: 202,000,000 US dollars
- **Cash and cash equivalents**: 178,000,000 US dollars
- **Restricted cash and cash equivalents**: 15,000,000 US dollars
- **Loss and loss adjustment expense reserves**: 45,567,000,000 US dollars
- **Unearned premiums**: 27,401,000,000 US dollars
- **Accounts payable, accrued expenses, and other liabilities**: 9,179,000,000 US dollars
- **Debt**: 8,387,000,000 US dollars
- **Dividends payable on common shares**: 58,000,000 US dollars
- **Retained earnings**: 32,261,000,000 US dollars
- **Paid-in capital**: 2,338,000,000 US dollars
- **Common shares, $1.00 par value (authorized 900; issued 798, including treasury shares of 217, 212, and 212)**: 581,000,000 US dollars
- **Net unrealized gains (losses) on fixed-maturity securities**: negative 832,000,000 US dollars
- **Net unrealized losses on forecasted transactions**: negative 13,000,000 US dollars
- **Foreign currency translation adjustment**: negative 2,000,000 US dollars
- **Gross equity (calculated)**: 35,180,000,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

### Chart connections

- Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
- Treasury shares and other negative equity contributions reduce equity.