PGR
The Progressive Corporation
NYSE · USFinancial ServicesInsurance - Property & Casualty
$212.23+2.06%
Price as of Jul 20, 2026
PGR financials
The Progressive Corporation financial statements
Annual and quarterly income statement, balance sheet and cash-flow history. On small screens, start with four periods and expand the table when needed.
| Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | $87.6B | $75.3B | $62.1B | $49.6B |
| Cost of revenue | $61.8B | $54.4B | $50.3B | $42.0B |
| Gross profit | $25.8B | $20.9B | $11.8B | $7.5B |
| Operating expenses | $11.6B | $10.2B | $6.9B | $6.6B |
| Operating income | $14.2B | $10.7B | $4.9B | $922.0M |
| Net income | $11.3B | $8.5B | $3.9B | $722.0M |
| EBITDA | $14.8B | $11.3B | $5.5B | $1.5B |
| Basic EPS | $19.29 | $14.45 | $6.61 | $1.19 |
| Diluted EPS | $19.23 | $14.40 | $6.58 | $1.18 |
| Balance sheet | ||||
| Cash & equivalents | $125.0M | $143.0M | $85.0M | $203.5M |
| Total assets | $123.0B | $105.7B | $88.7B | $75.5B |
| Total liabilities | $92.7B | $80.2B | $68.4B | $59.6B |
| Stockholders’ equity | $30.3B | $25.6B | $20.3B | $15.9B |
| Total debt | $6.9B | $6.9B | $6.9B | $6.4B |
| Net debt | $6.8B | $6.8B | $6.8B | $6.2B |
| Cash flow | ||||
| Operating cash flow | $17.5B | $15.1B | $10.6B | $6.8B |
| Capital expenditure | -$348.0M | -$285.0M | -$252.0M | -$292.0M |
| Free cash flow | $17.2B | $14.8B | $10.4B | $6.6B |
| Dividends paid | -$2.9B | -$682.0M | -$277.6M | -$260.8M |
| Share repurchases | -$166.0M | -$634.0M | -$140.7M | -$99.0M |