PGR Q3 2021 Earnings — The Progressive Corporation Revenue & Financial Results | Market Cap Arena

PGRThe Progressive Corporation

$118B

Q3 2021 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$11.9B+8.3% YoY

Gross Profit

$1.7B13.9% margin

Operating Income

$139M1.2% margin

Net Income

$119M1.0% margin

EPS (Diluted)

$0.19

QoQ Revenue Growth

-0.4%

Cash Flow

Operating Cash Flow

$2.4B

Free Cash Flow

$2.3B

Stock-Based Comp.

$26M

Balance Sheet

Total Assets

$72.6B

Total Liabilities

$54.1B

Stockholders' Equity

$18.6B

Cash & Equivalents

$271M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$11.9B	$10.9B	+8.3%
Gross Profit	$1.7B	$3.4B	-51.4%
Operating Income	$139M	$1.9B	-92.8%
Net Income	$119M	$1.5B	-92.3%

Revenue Segments

Personal Lines Segment

$9.0B79%

Commercial Lines Segment

$1.9B17%

Property Segment

$527M5%