PGR Quick Ratio Analysis
Higher than 30% of Financial Services sector peers
Updated 2889h ago·SEC filings & market data
Key Takeaway
PGR (PGR) has a Quick Ratio of 0.24x as of May 2026.
Sector Performance
30th percentilePGR
0.24x
Sector Median
0.41x
Sector Avg
3.94x
Prior Period
0.71x(Apr 2026)
Deep Analysis
PGR (PGR) has a Quick Ratio of 0.24x as of May 2026.
This places PGR in the 30th percentile of the Financial Services sector, which has a median Quick Ratio of 0.41x and a sector average of 3.94x. PGR's Quick Ratio is 40.7% below the sector median. In context: A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
Frequently Asked Questions
What does the Quick Ratio tell investors about PGR?
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
How is the Quick Ratio calculated?
Quick Ratio is calculated as: (Cash + Receivables) / Current Liabilities.
How does PGR's Quick Ratio compare to its sector?
PGR's Quick Ratio of 0.24x compares to a Financial Services sector median of 0.41x, placing it in the 30th percentile.
Who are PGR's closest peers by Quick Ratio?
The closest Financial Services peers by Quick Ratio include: PFG (0.44x), RJF (0.37x), NAVI (0.45x), PNC (0.35x), COF (0.35x).
Learn More About Quick Ratio
The Formula
(Cash + Receivables) / Current Liabilities
Why It Matters
A strict liquidity test. Values below 1.0 suggest a company may struggle to cover short-term obligations without selling inventory.
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0.24x
Sector Median
0.41x
Sector Avg
3.94x
How PGR's Quick Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.