PGR Q4 2019 Earnings — The Progressive Corporation Revenue & Financial Results | Market Cap Arena

PGRThe Progressive Corporation

$118B

Q4 2019 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$10.7B+33.7% YoY

Gross Profit

$2.8B25.8% margin

Operating Income

$1.3B12.5% margin

Net Income

$1.1B10.0% margin

EPS (Diluted)

$1.83

QoQ Revenue Growth

+12.7%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$1.0B

Stock-Based Comp.

$26M

Balance Sheet

Total Assets

$54.9B

Total Liabilities

$41.2B

Stockholders' Equity

$13.7B

Cash & Equivalents

$226M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$10.7B	$8.0B	+33.7%
Gross Profit	$2.8B	$1.4B	+98.5%
Operating Income	$1.3B	$242M	+452.8%
Net Income	$1.1B	$265M	+304.5%

Revenue Segments

Personal Lines Segment

$8.2B83%

Commercial Lines Segment

$1.2B13%

Property Segment

$414M4%