The Progressive Income Statement Analysis

Revenue, earnings, and profit margins in billions USD

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The Progressive Corporation income statement - Annual data in billions USD
BreakdownFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period EndingDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Revenue & Gross Profit
Revenue0.0075.3462.1149.5947.7042.6639.0231.95
Cost of Revenue0.0054.440.000.000.000.000.000.00
Gross Profit0.0020.900.000.000.000.000.000.00
Operating Expenses
Research & Development0.000.000.000.000.000.000.000.00
Selling, General & Administrative0.000.001.602.032.142.181.840.13
Operating Expenses0.0010.190.000.000.000.000.000.00
Operating Income0.0010.713.720.435.0110.655.850.00
Other Income/Expense
Interest Income0.000.001.891.260.860.941.040.00
Interest Expense-0.280.280.270.240.22-0.220.190.17
Other Income/Expense0.000.00-0.350.72-0.91-0.72-0.690.16
Income
Income Before Tax14.2210.714.900.924.217.175.163.16
Income Tax Expense2.922.231.000.200.861.471.180.54
Net Income11.318.483.900.723.355.703.972.62
Net Income - Continuous Operations0.008.483.900.723.350.000.000.00
Net Income - Discontinued Operations0.000.000.000.000.000.000.000.00
EBITDA14.8111.285.461.704.777.720.000.00
EBIT14.5010.995.171.174.437.390.003.33
Depreciation & Amortization0.310.280.290.310.340.330.000.00
Earnings Per Share
Basic EPS19.0014.007.001.006.0010.007.004.00
Diluted EPS19.0014.007.001.006.0010.007.004.00
Basic Shares Outstanding0.590.590.580.580.580.580.580.58
Diluted Shares Outstanding0.590.590.580.580.580.590.000.59