PGRThe Progressive Corporation

$118B

FY 2015 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$20.8B+7.5% YoY

Gross Profit

$4.8B23.2% margin

Operating Income

$1.9B9.2% margin

Net Income

$1.3B6.1% margin

EPS (Diluted)

$2.15

Cash Flow

Operating Cash Flow

$2.3B

Free Cash Flow

$2.2B

Stock-Based Comp.

$66M

Balance Sheet

Total Assets

$29.8B

Total Liabilities

$22.5B

Stockholders' Equity

$7.3B

Cash & Equivalents

$224M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$20.8B	$19.4B	+7.5%
Gross Profit	$4.8B	$4.5B	+6.4%
Operating Income	$1.9B	$1.9B	+0.2%
Net Income	$1.3B	$1.3B	-1.0%

PGR FY 2015 Earnings — The Progressive Corporation Revenue & Financial Results | Market Cap Arena