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Progressive Corp
Previous close
$238.93
Day range
$234.72 - $241.57
Year range
$164.98 - $270.62
Market cap
138.02B USD
Avg Volume
2.62M
P/E ratio
17.12
Dividend yield
0.17%
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Revenue | 19.71B | 26.74% |
Operating expense | 126.70M | 38.17% |
Net income | 2.33B | 108.10% |
Net profit margin | 11.84 | 64.22% |
Earnings per share | 3.58 | 69.81% |
EBITDA | 3.09B | 98.89% |
Effective tax rate | 20.76% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 892.60M | -53.48% |
Total assets | 105.20B | 22.82% |
Total liabilities | 78.04B | 14.34% |
Total equity | 27.16B | — |
Shares outstanding | 585.81M | — |
Price to book | 5.15 | — |
Return on assets | 7.42% | — |
Return on capital | 23.45% | — |
Cash Flow
Net change in cash
| (USD) | Sep 2024info | Y/Y change |
|---|---|---|
Net income | 2.33B | 108.10% |
Cash from operations | 4.61B | 34.83% |
Cash from investing | -4.42B | -31.88% |
Cash from financing | -144.40M | -33.09% |
Net change in cash | 45.30M | 210.22% |
Free cash flow | 4.40B | 58.64% |
About
The Progressive Corporation is an American insurance company. In late 2022, Progressive became the largest motor insurance carrier in the U.S. The company was co-founded in 1937 by Jack Green and Joseph M. Lewis, and is headquartered in Mayfield, Ohio. The company insures passenger vehicles, motorcycles, recreational vehicles, trailers, boats, personal water craft, and commercial vehicles. Progressive also provides home, life, pet, and other types of insurance through select companies. Additionally, Progressive offers auto insurance in Australia.
The company ranked #88 on the 2023 Fortune 500 list of the top American corporations. Wikipedia
Founded
Mar 10, 1937
Headquarters
Website
Employees
61,432
