PGR Q3 2020 Earnings — The Progressive Corporation Revenue & Financial Results | Market Cap Arena

PGRThe Progressive Corporation

$118B

Q3 2020 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$10.9B+14.9% YoY

Gross Profit

$3.4B31.0% margin

Operating Income

$1.9B17.6% margin

Net Income

$1.5B14.0% margin

EPS (Diluted)

$0.39

QoQ Revenue Growth

-0.2%

Cash Flow

Operating Cash Flow

$1.5B

Free Cash Flow

$1.4B

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$62.9B

Total Liabilities

$44.8B

Stockholders' Equity

$18.1B

Cash & Equivalents

$90M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$10.9B	$9.5B	+14.9%
Gross Profit	$3.4B	$2.3B	+44.6%
Operating Income	$1.9B	$1.0B	+90.4%
Net Income	$1.5B	$842M	+81.9%

Revenue Segments

Personal Lines Segment

$8.3B83%

Commercial Lines Segment

$1.2B12%

Property Segment

$447M4%