Progressive (XSWX:PGR) Interest Expense: CHF-222 Mil (TTM As of Mar. 2026)


XSWX:PGR Progressive Corp XSWX:PGR
80 GF Score
Price CHF182.70
GF Value CHF213.28
! 5 Warning Signs
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What is Progressive Interest Expense?

Progressive XSWX:PGR +0.63% 80 Interest Expense is CHF-222 Mil as of Mar. 2026. GuruFocus rates XSWX:PGR with a GF Score™ of 80/100 and a GF Value™ of CHF213.28. The stock has 5 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Progressive's interest expense for the three months ended in Mar. 2026 was CHF -55 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was CHF-222 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Progressive's Operating Income for the three months ended in Mar. 2026 was CHF 2,863 Mil. Progressive's Interest Expense for the three months ended in Mar. 2026 was CHF -55 Mil. Progressive's Interest Coverage for the quarter that ended in Mar. 2026 was 51.94. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Progressive  (XSWX:PGR) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Progressive's Interest Expense for the three months ended in Mar. 2026 was CHF-55 Mil. Its EBIT for the three months ended in Mar. 2026 was CHF2,863 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was CHF6,602 Mil.

Progressive's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* EBIT (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2862.623/-55.111
=51.94

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Progressive Interest Expense Historical Data

* Premium members only.

The historical data trend for Progressive's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Progressive Interest Expense Chart

Progressive Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -201.33 -227.31 -231.77 -248.76 -221.54

Progressive Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -61.85 -56.11 -55.73 -54.99 -55.11
XSWX:PGR
80GF Score
Progressive Corp XSWX:PGR
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Progressive Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-222 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of CHF-222 Mil mean?
Progressive (XSWX:PGR) has a Interest Expense of CHF-222 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Progressive and its competitors.
Is Progressive's Interest Expense too high?
Progressive's current Interest Expense is CHF-222 Mil. Overall, Progressive has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Progressive's Interest Expense compare to CB and TRV?
Progressive's Interest Expense of CHF-222 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Insurance company?
A good Interest Expense depends on the Insurance industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Progressive and its competitors. Progressive's current Interest Expense is CHF-222 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progressive stock overvalued right now?
Progressive (XSWX:PGR) has a current Interest Expense of CHF-222 Mil. The stock's GF Value™ is CHF213.28, compared to a current price of CHF182.70 — trading 14.3% below its estimated fair value. The current Interest Expense is CHF-222 Mil. Progressive's overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Progressive (XSWX:PGR), the current Interest Expense is CHF-222 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Progressive (XSWX:PGR) Overvalued in 2026?

Based on GuruFocus' analysis, Progressive stock appears to be undervalued. The current stock price of CHF182.70 is trading 14.3% below its estimated GF Value™ of CHF213.28.

Key valuation signals for XSWX:PGR:

  • Interest Expense: CHF-222 Mil
  • GF Value™: CHF213.28 vs. price of CHF182.70 (14.3% below fair value)
  • GF Score™: 80/100 with 5 warning signs

No single metric tells the full story. See the XSWX:PGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Progressive Business Description

Address 300 North Commons Boulevard, Mayfield Village, OH, USA, 44143
Progressive underwrites private and commercial auto insurance and specialty lines; it has almost 27 million personal auto policies in force and is one of the largest auto insurers in the United States. Progressive markets its policies through independent insurance agencies in the US and Canada and directly via the internet and telephone. Its premiums are split between the agent and the direct channel. The company also offers commercial auto policies and entered homeowners insurance through an acquisition in 2015.
80GF Score

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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF182.70
Price
CHF213.28
GF Value