PGR Q3 2019 Earnings — The Progressive Corporation Revenue & Financial Results | Market Cap Arena

PGRThe Progressive Corporation

$118B

Q3 2019 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$9.5B+12.2% YoY

Gross Profit

$2.3B24.6% margin

Operating Income

$1.0B10.6% margin

Net Income

$842M8.8% margin

EPS (Diluted)

$1.42

QoQ Revenue Growth

+0.8%

Cash Flow

Operating Cash Flow

$1.8B

Free Cash Flow

$1.7B

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$54.0B

Total Liabilities

$39.9B

Stockholders' Equity

$14.1B

Cash & Equivalents

$46M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9.5B	$8.5B	+12.2%
Gross Profit	$2.3B	$2.3B	+1.8%
Operating Income	$1.0B	$1.1B	-10.6%
Net Income	$842M	$928M	-9.3%

Revenue Segments

Personal Lines Segment

$7.5B83%

Commercial Lines Segment

$1.1B12%

Property Segment

$398M4%