PGR Q3 2018 Earnings — The Progressive Corporation Revenue & Financial Results | Market Cap Arena

PGRThe Progressive Corporation

$118B

Q3 2018 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$8.5B+25.1% YoY

Gross Profit

$2.3B27.1% margin

Operating Income

$1.1B13.3% margin

Net Income

$928M10.9% margin

EPS (Diluted)

$1.57

QoQ Revenue Growth

+6.0%

Cash Flow

Operating Cash Flow

$1.7B

Free Cash Flow

$1.7B

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$45.5B

Total Liabilities

$33.7B

Stockholders' Equity

$11.9B

Cash & Equivalents

$122M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.5B	$6.8B	+25.1%
Gross Profit	$2.3B	$1.2B	+92.8%
Operating Income	$1.1B	$251M	+349.7%
Net Income	$928M	$224M	+314.5%

Revenue Segments

Personal Lines Segment

$6.7B84%

Commercial Lines Segment

$940M12%

Property Segment

$336M4%