The Progressive Corporation (PGR)

USD 240.28

(-2.93%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 62.08 Billion 49.58 Billion 47.67 Billion 42.63 Billion 38.99 Billion 31.95 Billion
Cost of Revenue 7.6 Million 6.80 6.80 7.2 Million 5.5 Million 5.1 Million
Gross Profit 62.07 Billion 49.58 Billion 47.67 Billion 42.63 Billion 38.99 Billion 31.94 Billion
Operating Expenses 56.91 Billion 48.66 Billion 43.46 Billion 35.46 Billion 33.83 Billion 28.79 Billion
Selling, General and Administrative Expenses -5.17 Billion - - 1.07 Billion 178.9 Million 134.1 Million
Research and Development Expenses - - - - - -
Other Expenses 62.08 Billion -10.07 Billion -9.62 Billion -9.04 Billion -8.17 Billion -6.9 Billion
Cost and Expenses 56.91 Billion 48.66 Billion 43.46 Billion 35.46 Billion 33.83 Billion 28.79 Billion
Operating Income 5.17 Billion 922.1 Million 4.21 Billion 7.17 Billion 5.16 Billion 3.16 Billion
Interest Expense 268.4 Million 243.5 Million 218.6 Million 217 Million 189.7 Million 166.5 Million
Income Tax Expense 1 Billion 200.6 Million 859.1 Million 1.46 Billion 1.18 Billion 542.6 Million
Earnings before Tax 4.9 Billion 922.1 Million 4.21 Billion 7.17 Billion 5.16 Billion 3.16 Billion
Net Income 3.9 Billion 721.5 Million 3.35 Billion 5.7 Billion 3.97 Billion 2.61 Billion
Earnings Per Share Basic 6.61 1.19 5.69 9.71 6.75 4.49
Earnings Per Share Diluted 6.58 1.18 5.66 9.66 6.72 4.46
Weighted Average Shares Outstanding 584.9 Million 584.4 Million 584.5 Million 584.9 Million 583.8 Million 582.4 Million
Weighted Average Shares Outstanding (Diluted) 587.5 Million 587.1 Million 587.1 Million 587.6 Million 587.2 Million 586.7 Million
Gross Margin 1.00 1.00 1.00 1.00 1.00 1.00
EBIT Margin 0.09 0.03 0.10 0.18 0.14 0.11
Profit Margin 0.06 0.01 0.07 0.13 0.10 0.08
EBITDA 5.47 Billion 1.5 Billion 4.54 Billion 7.5 Billion 5.46 Billion -
Earnings Before Tax Margin 0.08 0.02 0.09 0.17 0.13 0.10

Income Statement Charts