The Progressive Corporation (PGR)
Stock Price: $85.95 USD
-1.16 (-1.33%)
Updated Feb 26, 2021 4:00 PM EST - Market closed
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% |