PGR Q4 2018 Earnings — The Progressive Corporation Revenue & Financial Results | Market Cap Arena

PGRThe Progressive Corporation

$118B

Q4 2018 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$8.0B+12.8% YoY

Gross Profit

$1.4B17.4% margin

Operating Income

$242M3.0% margin

Net Income

$265M3.3% margin

EPS (Diluted)

$0.45

QoQ Revenue Growth

-5.4%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$982M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$46.6B

Total Liabilities

$35.8B

Stockholders' Equity

$10.8B

Cash & Equivalents

$70M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.0B	$7.1B	+12.8%
Gross Profit	$1.4B	$1.7B	-16.5%
Operating Income	$242M	$691M	-65.0%
Net Income	$265M	$576M	-54.1%

Revenue Segments

Personal Lines Segment

$6.9B84%

Commercial Lines Segment

$978M12%

Property Segment

$355M4%