The Progressive Corporation (PGR)

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Stock Price: $92.60 USD 0.40 (0.43%)

Updated Sep 25, 2020 4:00 PM EDT - Market closed

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Income Statement (Annual)

Numbers in millions USD. Fiscal year is January-December.

Year		2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Revenue		39,022	31,979	26,839	23,441	20,854	19,391	18,171	17,084	15,775	15,216	14,564	12,840	14,687	14,786	14,303	13,782	11,892	9,294	7,488	6,771	6,124	5,292	4,608	3,478	3,012
Revenue Growth		22.02%	19.15%	14.49%	12.41%	7.54%	6.72%	6.36%	8.3%	3.67%	4.48%	13.42%	-12.57%	-0.67%	3.38%	3.78%	15.89%	27.95%	24.12%	10.59%	10.56%	15.72%	14.85%	32.48%	15.49%	-
Cost of Revenue		25,471	21,721	18,808	16,880	14,342	13,306	12,472	11,948	10,635	10,131	9,905	10,015	9,926	9,395	9,365	8,555	7,640	6,299	5,264	5,279	4,256	3,376	2,968	2,236	1,944
Gross Profit		13,552	10,258	8,031	6,562	6,512	6,085	5,699	5,136	5,140	5,084	4,659	2,825	4,761	5,392	4,939	5,227	4,252	2,995	2,224	1,492	1,868	1,916	1,641	1,242	1,068
Selling, General & Admin		7,998	6,770	5,606	4,836	4,364	3,991	3,803	3,643	3,487	3,352	2,932	2,882	2,926	2,845	2,760	2,657	2,259	1,906	1,552	1,347	1,329	1,156	944	691	627
Other Operating Expenses		204	158	133	114	100	69.80	57.60	51.50	32.90	33.30	30.50	29.20	32.90	36.30	36.70	38.90	37.20	33.50	32.50	34.70	50.40	38.20	53.80	48.00	38.30
Operating Expenses		8,202	6,928	5,739	4,950	4,464	4,061	3,860	3,694	3,520	3,386	2,963	2,911	2,959	2,881	2,797	2,696	2,296	1,939	1,584	1,382	1,379	1,194	998	739	665
Operating Income		5,350	3,330	2,292	1,612	2,048	2,024	1,838	1,442	1,620	1,699	1,696	-85.60	1,802	2,511	2,142	2,532	1,955	1,056	640	110	489	722	643	503	403
Interest Expense / Income		190	167	153	141	136	117	118	124	133	134	139	137	109	77.30	82.60	80.80	95.50	74.60	52.20	77.80	76.40	61.10	64.60	61.50	57.10
Other Expense / Income		9.70	5.70	5.90	26.20	32.90	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Pretax Income		5,151	3,158	2,133	1,445	1,879	1,907	1,720	1,318	1,487	1,565	1,557	-222	1,693	2,433	2,059	2,451	1,860	981	588	31.80	412	661	579	442	346
Income Tax		1,180	543	541	414	611	626	555	415	472	497	499	-152	511	786	665	802	604	314	176	-14.30	117	204	179	128	95.40
Net Income		3,970	2,615	1,592	1,031	1,268	1,281	1,165	902	1,016	1,068	1,058	-70.00	1,183	1,648	1,394	1,649	1,255	667	411	46.10	295	457	400	314	251
Preferred Dividends		26.90	21.40	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6.40	8.40
Net Income Common		3,943	2,594	1,592	1,031	1,268	1,281	1,165	902	1,016	1,068	1,058	-70.00	1,183	1,648	1,394	1,649	1,255	667	411	46.10	295	457	400	307	242
Shares Outstanding (Basic)		584	582	581	582	586	591	599	603	632	658	667	668	710	774	788	852	867	876	884	878	875	870	864	859	862
Shares Outstanding (Diluted)		587	587	586	585	589	595	604	608	637	663	672	674	719	784	799	865	882	893	901	892	895	896	904	890	890
Shares Change		0.24%	0.28%	-0.15%	-0.65%	-0.86%	-1.42%	-0.7%	-4.59%	-3.89%	-1.33%	-0.18%	-5.97%	-8.25%	-1.7%	-7.49%	-1.81%	-1%	-0.9%	0.64%	0.41%	0.55%	0.69%	0.56%	-0.28%	-
EPS (Basic)		6.75	4.45	2.74	1.77	2.16	2.17	1.95	1.50	1.61	1.62	1.59	-0.10	1.66	2.13	1.77	1.94	1.45	0.76	0.47	0.05	0.34	0.53	0.46	0.36	0.28
EPS (Diluted)		6.72	4.42	2.72	1.76	2.15	2.15	1.93	1.48	1.59	1.61	1.57	-0.10	1.65	2.10	1.74	1.91	1.42	0.75	0.46	0.05	0.33	0.51	0.44	0.35	0.27
EPS Growth		52.04%	62.5%	54.55%	-18.14%	0%	11.4%	30.41%	-6.92%	-1.24%	2.55%	-	-	-21.43%	20.69%	-8.9%	34.22%	90.24%	63.32%	780.77%	-84.24%	-35.17%	14.9%	28.41%	26.84%	-
Free Cash Flow Per Share		10.19	10.35	6.23	4.34	3.71	2.75	2.94	2.60	2.25	2.47	2.13	2.17	2.33	2.20	2.30	2.90	2.61	2.08	1.31	0.79	0.75	0.54	0.71	0.72	0.57
Dividend Per Share		2.81	1.13	0.68	0.89	0.69	1.49	0.28	1.41	0.40	1.16	-	0.15	2.00	0.03	0.03	0.03	0.03	0.02	0.02	0.02	0.02	0.03	0.02	0.02	0.02
Dividend Growth		150.13%	65.2%	-23.31%	29.45%	-54.05%	425.7%	-79.82%	252.63%	-65.63%	-	-	-92.75%	5960.61%	10%	11.11%	8%	4.17%	41.18%	-26.09%	4.55%	-15.38%	30%	5.26%	5.56%	-
Gross Margin		34.7%	32.1%	29.9%	28%	31.2%	31.4%	31.4%	30.1%	32.6%	33.4%	32%	22%	32.4%	36.5%	34.5%	37.9%	35.8%	32.2%	29.7%	22%	30.5%	36.2%	35.6%	35.7%	35.5%
Operating Margin		13.7%	10.4%	8.5%	6.9%	9.8%	10.4%	10.1%	8.4%	10.3%	11.2%	11.6%	-0.7%	12.3%	17.0%	15.0%	18.4%	16.4%	11.4%	8.5%	1.6%	8.0%	13.6%	14.0%	14.5%	13.4%
Profit Margin		10.1%	8.1%	5.9%	4.4%	6.1%	6.6%	6.4%	5.3%	6.4%	7%	7.3%	-0.5%	8.1%	11.1%	9.7%	12%	10.6%	7.2%	5.5%	0.7%	4.8%	8.6%	8.7%	8.8%	8%
FCF Margin		15.3%	18.9%	13.5%	10.8%	10.4%	8.4%	9.7%	9.2%	9.0%	10.7%	9.8%	11.3%	11.3%	11.5%	12.7%	17.9%	19.1%	19.6%	15.5%	10.2%	10.8%	8.8%	13.3%	17.7%	16.3%
Effective Tax Rate		22.9%	17.2%	25.4%	28.6%	32.5%	32.8%	32.2%	31.5%	31.7%	31.7%	32.1%	-	30.2%	32.3%	32.3%	32.7%	32.5%	32.0%	30.0%	-	28.4%	30.9%	30.9%	29.0%	27.6%
EBITDA		5,646	3,587	2,522	1,785	2,165	2,121	1,940	1,536	1,708	1,782	1,783	13.50	1,909	2,614	2,234	2,631	2,045	1,140	721	187	560	778	680	527	423
EBITDA Margin		14.5%	11.2%	9.4%	7.6%	10.4%	10.9%	10.7%	9%	10.8%	11.7%	12.2%	0.1%	13%	17.7%	15.6%	19.1%	17.2%	12.3%	9.6%	2.8%	9.2%	14.7%	14.7%	15.2%	14.1%
EBIT		5,340	3,324	2,286	1,585	2,015	2,024	1,838	1,442	1,620	1,699	1,696	-85.60	1,802	2,511	2,142	2,532	1,955	1,056	640	110	489	722	643	503	403
EBIT Margin		13.7%	10.4%	8.5%	6.8%	9.7%	10.4%	10.1%	8.4%	10.3%	11.2%	11.6%	-0.7%	12.3%	17.0%	15.0%	18.4%	16.4%	11.4%	8.5%	1.6%	8.0%	13.6%	14.0%	14.5%	13.4%