Progressive Corporation | Large-cap | Financial Services
$261.64
0.76%
| Progressive Stock Comparison:
Progressive vs ChubbProgressive vs Travelers CompaniesProgressive vs AllstateProgressive vs Hartford FinancialProgressive vs W.R. BerkleyProgressive vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 75.3B
Net Income 8.5B 11.26%
EPS (Diluted) $14.40

Balance Sheet Metrics

Total Assets 105.7B
Total Liabilities 80.2B
Shareholders Equity 25.6B
Debt to Equity 3.13

Cash Flow Metrics

Operating Cash Flow 7.1B
Free Cash Flow 14.8B

Revenue & Profitability Trend

Progressive Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 75.3B 62.1B 49.6B 47.7B 42.6B
Cost of Goods Sold - - - - -
Gross Profit - - - - -
Operating Expenses 0 0 0 0 0
Operating Income - - - - -
Pre-tax Income 10.7B 4.9B 922.1M 4.2B 7.2B
Income Tax 2.2B 1.0B 200.6M 859.1M 1.5B
Net Income 8.5B 3.9B 721.5M 3.4B 5.7B
EPS (Diluted) $14.40 $6.58 $1.18 $5.66 $9.66

Income Statement Trend

Progressive Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets - - - - -
Non-Current Assets - - - - -
Total Assets 105.7B - - - -
Liabilities
Current Liabilities - - - - -
Non-Current Liabilities - - - - -
Total Liabilities 80.2B - - - -
Equity
Total Shareholders Equity 25.6B 20.3B 15.9B 18.2B 17.0B

Balance Sheet Composition

Progressive Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 8.5B 3.9B 721.5M 3.4B 5.7B
Operating Cash Flow 7.1B 3.8B -1.4B 2.1B 4.8B
Investing Activities
Capital Expenditures -208.0M -204.8M -256.9M -177.3M -201.6M
Investing Cash Flow -13.7B -10.8B -8.0B -3.1B -6.1B
Financing Activities
Dividends Paid -682.0M -277.6M -260.8M -3.8B -1.6B
Financing Cash Flow -1.3B 78.0M 1.1B -4.5B -946.1M
Free Cash Flow 14.8B 10.4B 6.6B 7.5B 6.7B

Cash Flow Trend

Progressive Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 17.96
Forward P/E 19.30
Price to Book 5.39
Price to Sales 1.99
PEG Ratio 19.30

Profitability Ratios

Profit Margin 11.10%
Operating Margin 16.20%
Return on Equity 34.34%
Return on Assets 6.87%

Financial Health

Current Ratio 0.33
Debt to Equity 23.81
Beta 0.40

Per Share Data

EPS (TTM) $14.83
Book Value per Share $49.41
Revenue per Share $134.05

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
pgr 156.2B 17.96 5.39 34.34% 11.10% 23.81
Chubb 115.5B 13.89 1.76 12.86% 15.03% 29.87
Travelers Companies 60.4B 14.51 2.14 16.05% 9.09% 28.50
Allstate 51.7B 13.33 2.58 19.72% 6.19% 36.67
Hartford Financial 36.2B 12.70 2.20 18.50% 11.09% 25.92
W.R. Berkley 27.4B 16.73 3.07 20.69% 12.43% 34.34

Financial data is updated regularly. All figures are in the company's reporting currency.