The Progressive Corporation
PGR · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $75,343,000 | $62,083,000 | $49,587,000 | $47,676,500 |
| % Growth | 21.4% | 25.2% | 4% | – |
| Cost of Goods Sold | $54,443,000 | $50,320,000 | $42,040,000 | $37,340,400 |
| Gross Profit | $20,900,000 | $11,763,000 | $7,547,000 | $10,336,100 |
| % Margin | 27.7% | 18.9% | 15.2% | 21.7% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $0 | $0 | $0 | $0 |
| SG&A Expenses | $0 | $0 | $0 | $0 |
| Sales & Mktg Exp. | $0 | $0 | $0 | $0 |
| Other Operating Expenses | $10,187,000 | $6,859,000 | $6,625,000 | $6,126,100 |
| Operating Expenses | $10,187,000 | $6,859,000 | $6,625,000 | $6,126,100 |
| Operating Income | $10,713,000 | $4,904,000 | $922,000 | $4,210,000 |
| % Margin | 14.2% | 7.9% | 1.9% | 8.8% |
| Other Income/Exp. Net | $0 | $0 | $0 | $0 |
| Pre-Tax Income | $10,713,000 | $4,904,000 | $922,000 | $4,210,000 |
| Tax Expense | $2,233,000 | $1,001,000 | $200,000 | $859,100 |
| Net Income | $8,480,000 | $3,903,000 | $722,000 | $3,350,900 |
| % Margin | 11.3% | 6.3% | 1.5% | 7% |
| EPS | 14.45 | 6.61 | 1.19 | 5.69 |
| % Growth | 118.6% | 455.5% | -79.1% | – |
| EPS Diluted | 14.4 | 6.58 | 1.18 | 5.66 |
| Weighted Avg Shares Out | 585,500 | 584,900 | 584,400 | 584,500 |
| Weighted Avg Shares Out Dil | 587,700 | 587,500 | 587,100 | 587,100 |
| Supplemental Information | – | – | – | – |
| Interest Income | $0 | $0 | $0 | $0 |
| Interest Expense | $279,000 | $268,000 | $244,000 | $218,600 |
| Depreciation & Amortization | $284,000 | $285,000 | $306,000 | $337,400 |
| EBITDA | $11,276,000 | $5,457,000 | $1,472,000 | $4,766,000 |
| % Margin | 15% | 8.8% | 3% | 10% |