Progressive (LTS:0KOC) Long-Term Debt: $8,386 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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LTS:0KOC Progressive Corp LTS:0KOC
87 GF Score
Price $207.45
GF Value $272.58
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Progressive Long-Term Debt?

Progressive LTS:0KOC +1.87% 87 Long-Term Debt is $8,386 Mil as of Mar. 2026. GuruFocus rates LTS:0KOC with a GF Score™ of 87/100 and a GF Value™ of $272.58 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Progressive's Long-Term Debt for the quarter that ended in Mar. 2026 was $8,386 Mil.

Progressive's quarterly Long-Term Debt increased from Sep. 2025 ($6,896 Mil) to Dec. 2025 ($6,897 Mil) and increased from Dec. 2025 ($6,897 Mil) to Mar. 2026 ($8,386 Mil).

Progressive's annual Long-Term Debt increased from Dec. 2023 ($6,889 Mil) to Dec. 2024 ($6,893 Mil) and increased from Dec. 2024 ($6,893 Mil) to Dec. 2025 ($6,897 Mil).

Progressive  (LTS:0KOC) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Progressive Long-Term Debt Related Terms

Progressive Long-Term Debt Historical Data

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The historical data trend for Progressive's Long-Term Debt 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 Long-Term Debt Chart

Progressive Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Long-Term Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,898.80 6,388.30 6,889.00 6,893.00 6,897.00

Progressive Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Long-Term Debt 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 6,895.00 6,896.00 6,897.00 8,386.00 8,387.00
LTS:0KOC
87GF Score
Progressive Corp LTS:0KOC
Long-Term Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of $8,386 Mil mean?
Progressive (LTS:0KOC) has a Long-Term Debt of $8,386 Mil as of Mar. 2026.
Is Progressive's Long-Term Debt too high?
Progressive's current Long-Term Debt is $8,386 Mil. Overall, Progressive has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Progressive's Long-Term Debt compare to CB and TRV?
Progressive's Long-Term Debt of $8,386 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 Long-Term Debt for an Insurance company?
A good Long-Term Debt depends on the Insurance industry context. However, Long-Term Debt 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 Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. Progressive's current Long-Term Debt is $8,386 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?
Based on GuruFocus' analysis, Progressive (LTS:0KOC) is currently considered Modestly Undervalued. The stock's GF Value™ is $272.58, compared to a current price of $207.45 — trading 23.9% below its estimated fair value. The current Long-Term Debt is $8,386 Mil. Progressive's overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For Progressive (LTS:0KOC), the current Long-Term Debt is $8,386 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 (LTS:0KOC) Overvalued in 2026?

Based on GuruFocus' analysis, Progressive stock appears to be undervalued. The current stock price of $207.45 is trading 23.9% below its estimated GF Value™ of $272.58. GuruFocus considers Progressive to be Modestly Undervalued.

Key valuation signals for LTS:0KOC:

  • Long-Term Debt: $8,386 Mil
  • GF Value™: $272.58 vs. price of $207.45 (23.9% below fair value)
  • GF Score™: 87/100 with 2 warning signs

No single metric tells the full story. See the LTS:0KOC 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.
87GF Score

Get the complete analysis for LTS:0KOC

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

$207.45
Price
$272.58
GF Value