PGR
Income statement / Annual
Last year (2024), The Progressive Corporation's total revenue was $75.34 B,
an increase of 21.36% from the previous year.
In 2024, The Progressive Corporation's net income was $8.48 B.
See The Progressive Corporation,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$75.34 B |
$62.08 B |
$49.59 B |
$47.68 B |
$42.64 B |
$39.00 B |
$31.95 B |
$26.82 B |
$23.42 B |
$20.83 B |
| Cost of Revenue |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Gross Profit |
$75.34 B
|
$62.08 B
|
$49.59 B
|
$47.68 B
|
$42.64 B
|
$39.00 B
|
$31.95 B
|
$26.82 B
|
$23.42 B
|
$20.83 B
|
| Gross Profit Ratio |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$178.90 M
|
$134.10 M
|
$109.50 M
|
$92.00 M
|
$77.50 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$178.90 M
|
$134.10 M
|
$109.50 M
|
$92.00 M
|
$77.50 M
|
| Other Expenses |
$64.63 B
|
$57.18 B
|
$48.67 B
|
$43.47 B
|
$35.46 B
|
$33.66 B
|
$28.66 B
|
$24.57 B
|
$21.85 B
|
$18.84 B
|
| Operating Expenses |
$64.63 B
|
$57.18 B
|
$48.67 B
|
$43.47 B
|
$35.46 B
|
$33.84 B
|
$28.79 B
|
$24.68 B
|
$21.95 B
|
$18.92 B
|
| Cost And Expenses |
$64.63 B
|
$57.18 B
|
$48.67 B
|
$43.47 B
|
$35.46 B
|
$33.84 B
|
$28.79 B
|
$24.68 B
|
$21.95 B
|
$18.92 B
|
| Interest Income |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$279.00 M
|
$268.00 M
|
$244.00 M
|
$218.60 M
|
$217.00 M
|
$189.70 M
|
$166.50 M
|
$153.10 M
|
$140.90 M
|
$136.00 M
|
| Depreciation & Amortization |
$284.00 M
|
$285.00 M
|
$306.00 M
|
$337.40 M
|
$331.80 M
|
$306.10 M
|
$262.40 M
|
$236.10 M
|
$199.50 M
|
$150.50 M
|
| EBITDA |
$11.28 B |
$5.46 B |
$1.47 B |
$4.77 B |
$7.51 B |
$5.47 B |
$3.43 B |
$2.38 B |
$1.67 B |
$2.06 B |
| EBITDA Ratio |
0.15
|
0.09
|
0.03
|
0.1
|
0.18
|
0.14
|
0.11
|
0.09
|
0.07
|
0.1
|
| Operating Income Ratio |
0.14
|
0.08
|
0.02
|
0.09
|
0.17
|
0.13
|
0.1
|
0.08
|
0.06
|
0.09
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$10.71 B
|
$4.90 B
|
$922.00 M
|
$4.21 B
|
$7.17 B
|
$5.16 B
|
$3.16 B
|
$2.14 B
|
$1.47 B
|
$1.91 B
|
| Income Before Tax Ratio |
0.14
|
0.08
|
0.02
|
0.09
|
0.17
|
0.13
|
0.1
|
0.08
|
0.06
|
0.09
|
| Income Tax Expense |
$2.23 B
|
$1.00 B
|
$200.00 M
|
$859.10 M
|
$1.47 B
|
$1.18 B
|
$542.60 M
|
$540.80 M
|
$413.50 M
|
$611.10 M
|
| Net Income |
$8.48 B
|
$3.90 B
|
$722.00 M
|
$3.35 B
|
$5.70 B
|
$3.97 B
|
$2.62 B
|
$1.59 B
|
$1.03 B
|
$1.27 B
|
| Net Income Ratio |
0.11
|
0.06
|
0.01
|
0.07
|
0.13
|
0.1
|
0.08
|
0.06
|
0.04
|
0.06
|
| EPS |
14.45 |
6.61 |
1.19 |
5.69 |
9.71 |
6.75 |
4.49 |
2.74 |
1.77 |
2.16 |
| EPS Diluted |
14.4 |
6.58 |
1.18 |
5.66 |
9.66 |
6.72 |
4.46 |
2.72 |
1.76 |
2.15 |
| Weighted Average Shares Out |
$585.50 M
|
$584.90 M
|
$584.40 M
|
$584.50 M
|
$584.90 M
|
$583.80 M
|
$582.40 M
|
$580.80 M
|
$581.70 M
|
$585.50 M
|
| Weighted Average Shares Out Diluted |
$587.70 M
|
$587.50 M
|
$587.10 M
|
$587.10 M
|
$587.60 M
|
$587.20 M
|
$586.70 M
|
$585.70 M
|
$585.00 M
|
$589.20 M
|
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