Progressive Corporation (PGR)

NYSE: PGR · Real-Time Price · USD

282.68

5.02 (1.81%)

At close: May 02, 2025, 3:59 PM

Progressive Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Revenue	57.74B	74.98B	71.59B	67.43B	65.02B	62.08B	58.66B	55.88B	52.05B	49.59B	48.61B	47.69B	48.07B	47.68B	46.6B	45.69B	44.76B	42.64B	41.96B	40.54B	39.02B	39B	36.29B	35.26B	33.82B	31.95B	31.04B	29.34B	27.92B	26.82B	25.82B	24.97B	24.18B	23.42B	22.69B	22.03B	21.49B
Cost of Revenue	20.27B	20.27B	7.6M	7.6M	7.6M	7.6M	6.80	6.80	6.80	6.80	6.80	6.80	6.80	6.80	7.2M	7.2M	7.2M	7.2M	5.5M	5.5M	5.5M	5.5M	5.1M	5.1M	5.1M	5.1M	4.6M	4.6M	4.6M	4.6M	4.2M	4.2M	4.2M	4.2M	5.4M	5.4M	5.4M
Gross Profit	37.47B	54.71B	71.59B	67.43B	65.01B	62.07B	58.66B	55.88B	52.05B	49.59B	48.61B	47.69B	48.07B	47.68B	46.59B	45.68B	44.75B	42.63B	41.96B	40.54B	39.02B	38.99B	36.29B	35.25B	33.82B	31.95B	31.04B	29.33B	27.92B	26.81B	25.82B	24.96B	24.18B	23.41B	22.68B	22.02B	21.49B
Operating Income	7.91B	7.54B	7.01B	8.42B	7.29B	4.9B	3.43B	2.16B	1.09B	922.1M	1.1B	1.1B	2.73B	4.21B	5.11B	13.09B	20.35B	19.36B	18.59B	11.48B	4.47B	5.16B	4.06B	4.18B	3.82B	3.16B	3.61B	2.73B	2.41B	2.14B	1.99B	1.99B	1.72B	1.47B	1.45B	1.62B	1.86B
Interest Income	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Pretax Income	7.77B	10.71B	10.25B	8.71B	7.29B	4.9B	3.43B	2.16B	1.09B	922.1M	1.1B	1.1B	2.73B	4.21B	5.11B	5.26B	4.86B	3.87B	3.1B	3.82B	4.47B	5.16B	4.06B	4.18B	3.82B	3.16B	3.61B	2.73B	2.41B	2.14B	1.99B	1.99B	1.72B	1.47B	1.45B	1.62B	1.86B
Net Income	8.72B	8.48B	8.11B	6.9B	5.79B	3.9B	2.74B	1.74B	855.5M	721.5M	857.4M	851.8M	2.18B	3.35B	4.07B	4.19B	3.87B	3.08B	2.47B	3.08B	3.58B	3.97B	3.16B	3.25B	2.98B	2.62B	2.93B	2.22B	1.89B	1.59B	1.4B	1.37B	1.2B	1.03B	978.2M	1.06B	1.23B
Selling & General & Admin	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	15M	44M	1.08B	1.12B	1.16B	1.18B	188.3M	178.9M	164.1M	151.2M	142.9M	134.1M	129.8M	122.9M	112.9M	109.5M	105.3M	99.6M	96.3M	92M	89.2M	86.4M	83.2M
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	16.11B	12.85B	10.02B	-12.38B	-11.46B	-11.26B	-10.97B	-10.83B	-10.6B	-10.07B	-9.89B	-9.75B	-9.75B	-7.22B	-13.15B	-10.74B	-8.3B	-8.3B	-24.03B	-24.03B	-24.03B	-24.03B	-20.68B	-20.68B	-20.68B	-20.68B	-17.97B	-17.97B	-17.97B	-17.97B	-16.12B	-16.12B	-16.12B	-16.12B	-13.82B	-13.82B	-13.82B
Operating Expenses	35.91B	50.21B	64.59B	59.02B	57.73B	57.18B	55.24B	53.72B	50.96B	48.66B	47.51B	46.59B	45.34B	43.47B	41.49B	32.6B	24.4B	23.28B	23.37B	29.06B	34.55B	33.84B	32.23B	31.07B	30B	28.79B	27.43B	26.6B	25.52B	24.68B	23.84B	22.98B	22.46B	21.95B	21.24B	20.41B	19.64B
Interest Expense	209.4M	279M	278.8M	278.6M	274.7M	268.4M	261.8M	255.2M	252.5M	243.5M	232M	223.1M	216.5M	218.6M	223.2M	187.8M	150.2M	141.8M	133M	161.7M	190.3M	189.7M	188.3M	182.8M	177.1M	166.5M	156M	151.4M	153.1M	153.1M	154.7M	152.6M	143.5M	140.9M	137.9M	137.1M	137.7M
Selling & Marketing Expenses	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	-32.5M	-32.5M	-32.5M	-32.5M	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Cost & Expenses	18.68B	32.98B	64.59B	59.02B	57.73B	57.18B	55.24B	53.72B	50.96B	48.66B	47.51B	46.59B	45.34B	43.47B	41.49B	32.6B	24.4B	23.28B	23.37B	29.06B	34.55B	33.84B	32.23B	31.07B	30B	28.79B	27.43B	26.6B	25.52B	24.68B	23.84B	22.98B	22.46B	21.95B	21.24B	20.41B	19.64B
Income Tax Expense	1.62B	2.23B	2.14B	1.81B	1.5B	1B	684.6M	414.1M	230.8M	200.6M	243.3M	245.4M	547.5M	859.1M	1.04B	1.08B	994.3M	782M	624.4M	733.4M	871.2M	1.18B	898.4M	932M	846.3M	542.6M	671.3M	507.6M	510.6M	540.8M	569.1M	585.5M	496M	413.5M	438.3M	527.8M	592.2M
Shares Outstanding (Basic)	586M	585.6M	585.6M	585.4M	585.4M	585.3M	584.8M	584.9M	584.9M	584.9M	584.5M	584.3M	584.3M	583.9M	584.7M	584.6M	584.9M	584.9M	585.2M	584.9M	584.7M	584.1M	584.1M	583.6M	583.5M	583M	582.7M	582M	582M	581.1M	581.3M	580.5M	580.3M	579.6M	581.5M	582.4M	583.2M
Shares Outstanding (Diluted)	587.7M	587.7M	587.6M	587.3M	587.3M	587.5M	587.5M	587M	587M	587.1M	587.1M	586.5M	586.3M	584.7M	587.1M	586.8M	586.9M	585.2M	587.8M	587.3M	586.9M	584.7M	587.1M	586.9M	586.6M	583.5M	586.6M	585.8M	585.6M	582M	585.6M	583.8M	583.3M	580.3M	584.6M	585.1M	585.5M
EPS (Basic)	14.87	14.44	13.80	11.72	9.80	6.60	4.62	2.93	1.43	1.22	1.47	1.45	3.72	5.69	6.92	7.12	6.58	5.24	4.19	5.23	6.10	6.77	5.39	5.54	5.07	4.46	5.00	3.81	3.24	2.74	2.41	2.36	2.06	1.77	1.68	1.82	2.11
EPS (Diluted)	14.83	14.40	13.76	11.68	9.77	6.58	4.61	2.93	1.43	1.22	1.47	1.45	3.72	5.69	6.92	7.12	6.58	5.24	4.19	5.22	6.08	6.74	5.36	5.51	5.04	4.43	4.97	3.78	3.22	2.73	2.40	2.36	2.06	1.77	1.68	1.81	2.10
EBITDA	6.34B	3.04B	2.57B	2.57B	3.15B	3.15B	1.67B	1.67B	599.5M	599.5M	766.6M	766.6M	1.26B	1.26B	2.16B	2.16B	2.16B	2.16B	1.39B	1.39B	1.39B	1.39B	312.8M	312.8M	312.8M	312.8M	789.3M	789.3M	789.3M	789.3M	632.9M	978.7M	978.7M	978.7M	903.1M	557.3M	557.3M
EBIT	11.29B	10.99B	10.53B	8.99B	7.56B	5.17B	3.69B	2.41B	1.34B	1.17B	1.33B	1.32B	2.95B	4.43B	5.34B	7.12B	8.39B	7.39B	6.61B	5.69B	4.66B	5.35B	4.25B	4.37B	4B	3.33B	3.77B	2.89B	2.56B	2.29B	2.14B	2.14B	7.66B	12.93B	12.9B	18.32B	18.03B
Depreciation & Amortization	138.5M	208.2M	284.5M	288.1M	301.4M	299.7M	307M	316M	318.9M	336.6M	343.4M	349.2M	346M	337.4M	334.8M	330.8M	331.8M	331.8M	327.4M	314.5M	312.7M	306.1M	293.3M	290.3M	274M	262.4M	253M	243.7M	238.5M	236.1M	233.2M	225.3M	213M	199.5M	184.4M	174.3M	169.7M