PGR Q1 2019 Earnings — The Progressive Corporation Revenue & Financial Results | Market Cap Arena

PGRThe Progressive Corporation

$118B

Q1 2019 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$9.3B+25.2% YoY

Gross Profit

$2.8B30.4% margin

Operating Income

$1.6B16.9% margin

Net Income

$1.1B11.6% margin

EPS (Diluted)

$1.83

QoQ Revenue Growth

+15.8%

Cash Flow

Operating Cash Flow

$1.9B

Free Cash Flow

$1.8B

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$48.9B

Total Liabilities

$36.7B

Stockholders' Equity

$12.1B

Cash & Equivalents

$158M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9.3B	$7.4B	+25.2%
Gross Profit	$2.8B	$2.0B	+44.3%
Operating Income	$1.6B	$911M	+72.1%
Net Income	$1.1B	$718M	+50.2%

Revenue Segments

Personal Lines Segment

$7.1B84%

Commercial Lines Segment

$1.0B12%

Property Segment

$362M4%