PGR Q3 2017 Earnings — The Progressive Corporation Revenue & Financial Results | Market Cap Arena

PGRThe Progressive Corporation

$118B

Q3 2017 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$6.8B+14.4% YoY

Gross Profit

$1.2B17.6% margin

Operating Income

$251M3.7% margin

Net Income

$224M3.3% margin

EPS (Diluted)

$0.38

QoQ Revenue Growth

+2.8%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$1.1B

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$38.9B

Total Liabilities

$29.6B

Stockholders' Equity

$9.3B

Cash & Equivalents

$225M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.8B	$5.9B	+14.4%
Gross Profit	$1.2B	$1.1B	+13.1%
Operating Income	$251M	$259M	-2.7%
Net Income	$224M	$199M	+12.7%

Revenue Segments

Personal Lines Segment

$5.6B85%

Commercial Lines Segment

$714M11%

Property Segment

$255M4%