Progressive Insurance (PGR) stock price, revenue, and financials

Progressive Insurance market cap is $55.2 b, and annual revenue was $39.02 b in FY 2019

$55.2 B

PGR Mkt cap, 20-Nov-2020

$10.9 B

Progressive Insurance Revenue Q3, 2020
Progressive Insurance Net income (Q3, 2020)1.5 B
Progressive Insurance Cash, 30-Sept-202090.1 M

Progressive Insurance Revenue

Progressive Insurance revenue was $39.02 b in FY, 2019 which is a 22% year over year increase from the previous period.

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Progressive Insurance Revenue Breakdown

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Progressive Insurance revenue breakdown by business segment: 83.5% from Personal Lines, 12.2% from Commercial Lines and 4.3% from Other

Progressive Insurance Income Statement

Progressive Insurance Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Cash

211.5m265.0m69.5m226.2m

Accounts Receivable

4.5b5.4b6.5b7.5b

PP&E

1.2b1.1b1.1b1.2b

Goodwill

449.4m452.7m452.7m452.7m

Total Assets

33.4b38.7b46.6b54.9b

Accounts Payable

2.5b2.8b5.0b6.0b

Dividends Payable

395.4m655.1m1.5b1.4b

Long-term debt

3.1b3.3b4.4b4.4b

Total Debt

3.1b3.3b4.4b4.4b

Total Liabilities

25.0b28.9b35.5b41.0b

Common Stock

579.9m581.7m583.2m584.6m

Preferred Stock

493.9m493.9m

Additional Paid-in Capital

1.3b1.4b1.5b1.6b

Retained Earnings

5.1b6.0b8.4b10.7b

Total Equity

8.0b9.3b10.8b13.7b

Debt to Equity Ratio

0.4 x0.4 x0.4 x0.3 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x0.1 x

Financial Leverage

4.2 x4.2 x4.3 x4 x

Progressive Insurance Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

1.1b1.6b2.6b4.0b

Depreciation and Amortization

199.5m236.1m262.4m306.1m

Accounts Receivable

(518.5m)(913.2m)(1.1b)(1.0b)

Accounts Payable

308.9m400.0m746.6m611.6m

Cash From Operating Activities

2.7b3.8b6.3b6.3b

Purchases of PP&E

(215.0m)(155.7m)(266.0m)(363.5m)

Cash From Investing Activities

(2.5b)(3.4b)(7.3b)(4.3b)

Long-term Borrowings

(25.5m)(49.0m)(37.1m)

Dividends Paid

(519.0m)(395.4m)(668.4m)(1.7b)

Cash From Financing Activities

(250.4m)(300.9m)846.7m(1.8b)

Net Change in Cash

(12.6m)48.9m(200.3m)152.4m

Income Taxes Paid

55.7m172.6m158.7m227.2m

Progressive Insurance Ratios

USDFY, 2016

Revenue/Employee

739.0k

Debt/Equity

0.4 x

Debt/Assets

0.1 x

Financial Leverage

4.2 x

Progressive Insurance Operating Metrics

FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020

Investments Portfolio

$23.50 b$27.30 b$33.60 b$39.30 b

Service Centers (US)

68 68

Agencies

35 k35 k35 k35 k

Facilities Leased (US), square feet

2.10 m2.10 m2.10 m2.20 m

Facilities Owned (US), square feet

4.90 m4.90 m5.10 m5 m

In-Force Policies (Agency - Auto)

5.05 m5.23 m5.35 m5.52 m5.67 m5.91 m6.11 m6.25 m6.36 m6.61 m6.78 m6.90 m6.99 m7.16 m7.36 m

In-Force Policies (Commercial Lines)

607.90 k607.50 k625.70 k638.60 k646.80 k659 k678.90 k691.90 k696.90 k711.60 k734.20 k748.70 k751.40 k759.70 k775.80 k

In-Force Policies (Direct - Auto)

5.35 m5.57 m5.69 m5.89 m6.04 m6.39 m6.65 m6.88 m7.02 m7.34 m7.53 m7.72 m7.87 m8.13 m8.51 m

In-Force Policies (Property)

1.20 m1.27 m1.31 m1.38 m1.46 m1.65 m1.77 m1.87 m1.94 m2 m2.07 m2.14 m2.20 m2.26 m2.34 m

In-Force Policies (Special Lines)

4.26 m4.26 m4.36 m4.40 m4.37 m4.29 m4.39 m4.42 m4.38 m4.40 m4.51 m4.57 m4.55 m4.57 m4.79 m

Patents Issued

5 11 14 15

Patents Pending

1 1

Progressive Insurance Human Capital

Ethnicity

Nov, 2019
Hispanic 10 %
Black / African American17 %
White, percent66 %
Other7 %

Job Roles

Nov, 2019
Male (New Hires), percent39 %
Female (New Hires), percent61 %

Progressive Insurance Employee Rating

3.82934 votes
Culture & Values
4.1
Work/Life Balance
3.4
Senior Management
3.6
Salary & Benefits
4.1
Career Opportunities
3.8
Source