PGR Q2 2017 Earnings — The Progressive Corporation Revenue & Financial Results | Market Cap Arena

PGRThe Progressive Corporation

$118B

Q2 2017 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$6.6B+13.5% YoY

Gross Profit

$1.5B22.3% margin

Operating Income

$555M8.4% margin

Net Income

$368M5.6% margin

EPS (Diluted)

$0.63

QoQ Revenue Growth

+4.5%

Cash Flow

Operating Cash Flow

$918M

Free Cash Flow

$880M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$36.7B

Total Liabilities

$27.7B

Stockholders' Equity

$9.0B

Cash & Equivalents

$161M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.6B	$5.8B	+13.5%
Gross Profit	$1.5B	$1.1B	+32.4%
Operating Income	$555M	$287M	+93.0%
Net Income	$368M	$191M	+92.6%

Revenue Segments

Personal Lines Segment

$5.4B86%

Commercial Lines Segment

$672M11%

Property Segment

$239M4%