The Progressive Corporation (PGR) Tax Rate: 20.49%
Is The Progressive Corporation’s tax rate high or low?
The Progressive Corporation's tax rate of 20.49% is in line with its 5-year average of 20.72%, near the low end of its 5-year range (20.41%–21.69%).
The tax rate for The Progressive Corporation (PGR) is 20.49%. It is below its 12-month average by 0.85% (20.66%).
PGR Tax Rate Chart
PGR Average Tax Rate Chart
PGR Current vs Average Tax Rate Chart
PGR Tax Rate Metrics
TAX RATE
20.49%
TAX RATE AVG TTM
20.66%
TAX RATE AVG 3Y
20.86%
TAX RATE AVG 5Y
20.72%
TAX RATE AVG 10Y
22.70%
TAX RATE AVG 15Y
25.61%
TAX RATE AVG 20Y
28.81%
CURRENT VS TTM AVG
-0.85%
CURRENT VS 3Y AVG
-1.76%
CURRENT VS 5Y AVG
-1.10%
CURRENT VS 10Y AVG
-9.74%
CURRENT VS 15Y AVG
-19.99%
CURRENT VS 20Y AVG
-28.89%
The Progressive Corporation Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
The Progressive Corporation Tax Rate FAQ
- What is the tax rate for The Progressive Corporation (PGR)?
- The tax rate for PGR stock is 20.49%.
- Is The Progressive Corporation's tax rate high or low?
- The Progressive Corporation's tax rate of 20.49% is in line with its 5-year average of 20.72%, near the low end of its 5-year range (20.41%–21.69%).
- What is the TTM average tax rate for The Progressive Corporation (PGR)?
- The TTM average tax rate for PGR stock is 20.66%.
- What is the 3Y average tax rate for The Progressive Corporation (PGR)?
- The 3Y average tax rate for PGR stock is 20.86%.
- What is the 5Y average tax rate for The Progressive Corporation (PGR)?
- The 5Y average tax rate for PGR stock is 20.72%.
- What is the 10Y average tax rate for The Progressive Corporation (PGR)?
- The 10Y average tax rate for PGR stock is 22.70%.
- What is the 15Y average tax rate for The Progressive Corporation (PGR)?
- The 15Y average tax rate for PGR stock is 25.61%.
- What is the 20Y average tax rate for The Progressive Corporation (PGR)?
- The 20Y average tax rate for PGR stock is 28.81%.
The Progressive Corporation Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 20.49% |
| 2024-12-31 | 20.84% |
| 2023-12-31 | 20.41% |
| 2022-12-31 | 21.69% |
| 2021-12-31 | 20.41% |
| 2020-12-31 | 20.47% |
| 2019-12-31 | 22.87% |
| 2018-12-31 | 17.15% |
| 2017-12-31 | 25.28% |
| 2016-12-31 | 28.12% |
| 2015-12-31 | 31.97% |
| 2014-12-31 | 32.84% |
| 2013-12-31 | 32.24% |
| 2012-12-31 | 31.52% |
| 2011-12-31 | 31.71% |
| 2010-12-31 | 31.75% |
| 2009-12-31 | 32.08% |
| 2008-12-31 | 68.51% |
| 2007-12-31 | 30.15% |
| 2006-12-31 | 32.29% |
| 2005-12-31 | 32.30% |
| 2004-12-31 | 32.73% |
| 2003-12-31 | 32.49% |
| 2002-12-31 | 32.01% |
| 2001-12-31 | 29.99% |
| 2000-12-31 | -44.97% |
| 1999-12-31 | 28.38% |
| 1998-12-31 | 30.92% |
| 1997-12-31 | 30.86% |
| 1996-12-31 | 28.98% |
Related Metrics
About The Progressive Corporation
The Progressive Corporation, an insurance holding company, offers a comprehensive range of insurance products and associated services across the United States. Its portfolio includes personal and commercial vehicle coverage, residential and commercial property protection, general liability, and various other specialized property-casualty insurance options. The company's operations are structured into three main divisions: Personal Lines, Commercial Lines, and Property. Within the Personal Lines segment, Progressive provides coverage for individual automobiles and recreational vehicles. Offerings range from standard personal auto policies to specialized options for motorcycles, all-terrain vehicles (ATVs), RVs, watercraft, snowmobiles, and similar forms of personal transport. The Commercial Lines division focuses on providing primary liability and physical damage insurance for business vehicles, alongside general liability and property insurance tailored for commercial applications. This segment insures a diverse array of vehicles, including cars, vans, pickup trucks, and dump trucks for small businesses; tractors, trailers, and straight trucks for regional freight, expedited shipping, and long-haul transport companies; heavy-duty vehicles like dump trucks, log trucks, and garbage trucks used in industries such as construction, logging, and mining; and tow trucks and wreckers for towing and service stations, as well as various non-fleet taxis and premium car services. The Property segment offers residential insurance solutions for homeowners, other property owners, and renters. Its portfolio further extends to include personal umbrella policies and both primary and excess flood insurance. Beyond underwriting, the company facilitates policy issuance and claims adjusting. It also serves as an agent for various additional insurance products, such as homeowner general liability and workers' compensation, and provides reinsurance services. Progressive's products are distributed through independent insurance agencies, as well as directly to consumers via its online platforms (including mobile access) and telephone channels. Established in 1937, The Progressive Corporation maintains its headquarters in Mayfield, Ohio.
- Sector
- Financial Services
- Industry
- Insurance - Property & Casualty
- CEO
- Susan Patricia Griffith