PGR Q4 2020 Earnings — The Progressive Corporation Revenue & Financial Results | Market Cap Arena

PGRThe Progressive Corporation

$122B

Q4 2020 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$11.4B+6.3% YoY

Gross Profit

$3.6B31.7% margin

Operating Income

$2.1B18.5% margin

Net Income

$1.7B14.8% margin

EPS (Diluted)

$2.88

QoQ Revenue Growth

+4.3%

Cash Flow

Operating Cash Flow

$1.5B

Free Cash Flow

$1.5B

Stock-Based Comp.

$28M

Balance Sheet

Total Assets

$64.1B

Total Liabilities

$47.1B

Stockholders' Equity

$17.0B

Cash & Equivalents

$77M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$11.4B	$10.7B	+6.3%
Gross Profit	$3.6B	$2.8B	+30.9%
Operating Income	$2.1B	$1.3B	+57.3%
Net Income	$1.7B	$1.1B	+57.3%

Revenue Segments

Personal Lines Segment

$8.4B82%

Commercial Lines Segment

$1.3B13%

Property Segment

$465M5%