The Progressive Corporation
The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United…
Insurance - Property & Casualty
US, Mayfield [HQ]
PGR/Financial Reporting
Income Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 14,563.00 | 14,963.00 | 15,508.00 | 17,070.00 | 18,156.00 | 19,377.00 | 20,831.00 | 23,417.00 | 26,816.00 | 31,954.00 | 38,997.00 | 42,638.00 | 47,676.00 | 49,586.00 | 62,082.00 | |
|
EPS
|
1.59 | 1.62 | 1.61 | 1.50 | 1.95 | 2.17 | 2.16 | 1.77 | 2.74 | 4.49 | 6.75 | 9.71 | 5.69 | 1.19 | 6.61 | |
| Diluted in mil. | 1.57 | 1.61 | 1.59 | 1.48 | 1.93 | 2.15 | 2.15 | 1.76 | 2.72 | 4.46 | 6.72 | 9.66 | 5.66 | 1.18 | 6.58 | |
|
Profit
|
14,563.00 | 14,963.00 | 15,508.00 | 17,070.00 | 18,156.00 | 19,377.00 | 20,831.00 | 23,417.00 | 26,816.00 | 31,954.00 | 38,997.00 | 42,638.00 | 47,676.00 | 49,586.00 | 62,074.00 | |
| Gross Margin | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 99.99 | |
| Pre Tax | 1,556.00 | 1,565.00 | 1,487.00 | 1,317.00 | 1,720.00 | 1,907.00 | 1,911.00 | 1,470.00 | 2,138.00 | 3,163.00 | 5,160.00 | 7,173.00 | 4,210.00 | 922.00 | 4,903.00 | |
| Profit Margin | 10.69 | 10.46 | 9.59 | 7.85 | 9.47 | 9.84 | 9.18 | 6.28 | 7.98 | 9.90 | 13.23 | 16.82 | 8.83 | 1.86 | 7.90 | |
| ETR | 32.08 | 31.75 | 31.71 | 31.52 | 32.24 | 32.84 | 31.97 | 28.12 | 25.28 | 17.15 | 22.87 | 20.47 | 20.41 | 21.75 | 20.42 | |
| Net | 1,057.00 | 1,068.00 | 1,015.00 | 902.00 | 1,165.00 | 1,281.00 | 1,267.00 | 1,031.00 | 1,592.00 | 2,615.00 | 3,970.00 | 5,704.00 | 3,350.00 | 721.00 | 3,902.00 | |
| Profit Margin | 7.26 | 7.14 | 6.55 | 5.37 | 6.42 | 6.61 | 6.08 | 4.40 | 5.94 | 8.18 | 10.18 | 13.38 | 7.03 | 1.46 | 6.29 | |
| EBITDA | 1,823.00 | 1,827.00 | 1,708.00 | 1,535.00 | 1,939.00 | 2,121.00 | 2,165.00 | 1,784.00 | 2,522.00 | 3,586.00 | 5,261.00 | 7,278.00 | 4,547.00 | 1,502.00 | 299.00 | |
| EBITDA Margin | 12.52 | 12.21 | 11.01 | 9.15 | 10.68 | 10.95 | 10.39 | 7.62 | 9.41 | 11.22 | 13.49 | 17.07 | 9.54 | 3.03 | 0.48 | |
| Operating Income | 1,695.00 | 1,698.00 | 1,619.00 | 1,441.00 | 1,838.00 | 2,024.00 | 2,014.00 | 1,585.00 | 2,286.00 | 3,324.00 | 4,955.00 | 6,946.00 | 4,210.00 | 1,165.00 | 50,826.00 | |
| Operating Margin | 11.64 | 11.35 | 10.44 | 8.59 | 10.12 | 10.45 | 9.67 | 6.77 | 8.53 | 10.40 | 12.71 | 16.29 | 8.83 | 2.35 | 81.87 | |
| Interest Income | - - | - - | - - | 123.00 | 118.00 | 116.00 | 136.00 | 140.00 | 153.00 | 166.00 | 189.00 | 217.00 | 218.00 | 243.00 | 268.00 | |
| Loss | -13,006.00 | -13,398.00 | -14,021.00 | -15,628.00 | -16,318.00 | -17,353.00 | -18,784.00 | -21,805.00 | -24,524.00 | -28,624.00 | -33,647.00 | -35,247.00 | -43,247.00 | -48,420.00 | -56,910.00 | |
| Cost of Revenue | -3.00 | -3.00 | -4.00 | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | -7.00 | |
|
Operating Expenses
|
-12,837.00 | -13,484.00 | -14,122.00 | -15,628.00 | -16,318.00 | -17,353.00 | -18,784.00 | -21,805.00 | -24,524.00 | -28,624.00 | -33,647.00 | -35,247.00 | -43,247.00 | -48,420.00 | -56,910.00 | |
| R&D | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| G&A | -19.00 | -21.00 | -19.00 | - - | - - | - - | - - | - - | - - | - - | -178.00 | - - | - - | - - | - - | |
| SG&A | -19.00 | -21.00 | -19.00 | - - | - - | - - | - - | - - | - - | - - | -178.00 | -1,077.00 | - - | - - | - - | |
| S&M | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Depreciation and Amortization | -127.00 | -129.00 | -88.00 | -94.00 | -101.00 | -97.00 | -150.00 | -199.00 | -236.00 | -262.00 | -306.00 | -331.00 | -337.00 | -336.00 | -299.00 | |
| Interest Expenses | -139.00 | -133.00 | -132.00 | - - | - - | - - | - - | - - | - - | - - | -189.00 | -217.00 | -218.00 | -243.00 | -268.00 | |
| Other Expenses | -16.00 | -32.00 | -22.00 | -36.00 | -39.00 | -56.00 | -86.00 | -103.00 | -126.00 | -158.00 | -204.00 | -226.00 | -691.00 | -243.00 | -4,903.00 | |
|
WA Shares Outstanding
|
666.00 | 657.00 | 632.00 | 603.00 | 599.00 | 590.00 | 585.00 | 581.00 | 580.00 | 582.00 | 583.00 | 584.00 | 584.00 | 584.00 | 584.00 | |
| Diluted | 666.00 | 663.00 | 636.00 | 607.00 | 603.00 | 594.00 | 589.00 | 585.00 | 585.00 | 586.00 | 587.00 | 587.00 | 587.00 | 587.00 | 587.00 |