PGR Q4 2017 Earnings — The Progressive Corporation Revenue & Financial Results | Market Cap Arena

PGRThe Progressive Corporation

$118B

Q4 2017 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$7.1B+16.2% YoY

Gross Profit

$1.7B23.4% margin

Operating Income

$691M9.7% margin

Net Income

$576M8.1% margin

EPS (Diluted)

$0.99

QoQ Revenue Growth

+4.8%

Cash Flow

Operating Cash Flow

$550M

Free Cash Flow

$504M

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$38.7B

Total Liabilities

$29.4B

Stockholders' Equity

$9.3B

Cash & Equivalents

$265M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7.1B	$6.1B	+16.2%
Gross Profit	$1.7B	$1.3B	+27.5%
Operating Income	$691M	$538M	+28.6%
Net Income	$576M	$383M	+50.4%

Revenue Segments

Personal Lines Segment

$5.8B85%

Commercial Lines Segment

$763M11%

Property Segment

$269M4%