PGR FY 2021 Earnings — The Progressive Corporation Revenue & Financial Results | Market Cap Arena

PGRThe Progressive Corporation

$122B

FY 2021 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$47.7B+11.8% YoY

Gross Profit

$10.3B21.7% margin

Operating Income

$4.2B8.8% margin

Net Income

$3.4B7.0% margin

EPS (Diluted)

$5.66

Cash Flow

Operating Cash Flow

$7.8B

Free Cash Flow

$7.5B

Stock-Based Comp.

$101M

Balance Sheet

Total Assets

$71.1B

Total Liabilities

$52.9B

Stockholders' Equity

$18.2B

Cash & Equivalents

$187M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$47.7B	$42.6B	+11.8%
Gross Profit	$10.3B	$14.2B	-27.4%
Operating Income	$4.2B	$7.2B	-41.3%
Net Income	$3.4B	$5.7B	-41.3%