PGR
PROGRESSIVE CORP/OH/
NYSE · Financial Services · Insurance - Property & Casualty · US
$219.11
+0.28%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 91.7B | 87.6B | 75.3B | 62.1B | 49.6B |
| Cost of Revenue | 47.6B | 61.8B | 54.4B | 50.3B | 42.0B |
| Gross Profit | 44.1B | 25.8B | 20.9B | 11.8B | 7.5B |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — |
| General & Admin Expense | — | — | — | — | — |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 29.4B | 11.6B | 10.2B | 6.9B | 6.6B |
| Total Operating Expenses | 29.4B | 11.6B | 10.2B | 6.9B | 6.6B |
| Cost and Expenses | 77.0B | 73.4B | 64.6B | 57.2B | 48.7B |
| Operating Income (EBIT) | 14.7B | 14.2B | 10.7B | 4.9B | 922.0M |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 314.0M | 278.0M | 279.0M | 268.0M | 244.0M |
| Net Interest Income | (314.0M) | (278.0M) | (279.0M) | (268.0M) | (244.0M) |
| Other Non-Op Income/Expense | — | — | — | — | — |
| Non-Operating Income (excl Interest) | (314.0M) | (278.0M) | (279.0M) | (268.0M) | (244.0M) |
| EBT (Pre-Tax Income) | 14.7B | 14.2B | 10.7B | 4.9B | 922.0M |
| Income Tax Expense | 3.1B | 2.9B | 2.2B | 1.0B | 200.0M |
| Bottom Line | |||||
| Net Income | 11.6B | 11.3B | 8.5B | 3.9B | 722.0M |
| Earnings from Cont. Ops | 11.6B | 11.3B | 8.5B | 3.9B | 722.0M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 11.6B | 11.3B | 8.5B | 3.9B | 695.0M |
| Per Share | |||||
| Basic EPS | $19.90 | $19.29 | $14.45 | $6.61 | $1.19 |
| Diluted EPS | $19.86 | $19.23 | $14.40 | $6.58 | $1.18 |
| Revenue Per Share | $157.67 | $149.47 | $128.68 | $106.14 | $84.85 |
| Shares | |||||
| Basic Shares Outstanding | 581.7M | 586.3M | 585.5M | 584.9M | 584.4M |
| Diluted Shares Outstanding | 582.2M | 588.2M | 587.7M | 587.5M | 587.1M |
| Profitability Metrics | |||||
| EBITDA | 15.2B | 14.8B | 11.3B | 5.5B | 1.5B |
| D&A | 240.0M | 313.0M | 284.0M | 285.0M | 306.0M |
| EBIT | 15.0B | 14.5B | 11.0B | 5.2B | 1.2B |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026