PGR Q4 2024 Earnings — The Progressive Corporation Revenue & Financial Results | Market Cap Arena

PGRThe Progressive Corporation

$122B

Q4 2024 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$20.3B+20.0% YoY

Gross Profit

$5.8B28.8% margin

Operating Income

$3.0B14.6% margin

Net Income

$2.4B11.6% margin

EPS (Diluted)

$4.01

QoQ Revenue Growth

+2.8%

Cash Flow

Operating Cash Flow

$3.0B

Free Cash Flow

$2.9B

Stock-Based Comp.

$36M

Balance Sheet

Total Assets

$105.7B

Total Liabilities

$80.2B

Stockholders' Equity

$25.6B

Cash & Equivalents

$143M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$20.3B	$16.9B	+20.0%
Gross Profit	$5.8B	$4.2B	+39.2%
Operating Income	$3.0B	$2.5B	+18.6%
Net Income	$2.4B	$2.0B	+18.5%

Revenue Segments

Personal Lines Segment

$33.3B86%

Commercial Lines Segment

$5.6B14%