PGR Q1 2017 Earnings — The Progressive Corporation Revenue & Financial Results | Market Cap Arena

PGRThe Progressive Corporation

$118B

Q1 2017 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$6.3B+13.7% YoY

Gross Profit

$1.5B24.5% margin

Operating Income

$642M10.2% margin

Net Income

$424M6.7% margin

EPS (Diluted)

$0.73

QoQ Revenue Growth

+3.2%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$1.1B

Stock-Based Comp.

$31M

Balance Sheet

Total Assets

$34.8B

Total Liabilities

$26.3B

Stockholders' Equity

$8.5B

Cash & Equivalents

$215M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.3B	$5.6B	+13.7%
Gross Profit	$1.5B	$1.2B	+29.2%
Operating Income	$642M	$387M	+65.6%
Net Income	$424M	$258M	+64.3%

Revenue Segments

Personal Lines Segment

$5.2B86%

Commercial Lines Segment

$646M11%

Property Segment

$226M4%