Progressive Corp Revenue, Profits - PGR Annual Income Statement

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$60.78 $0.27 (0.44%) PGR stock closing price Jun 22, 2018 (Closing)

Looking at financial statements, along with the Progressive Corp stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis. The key financial statements of a company are the income statement, the balance sheet and the cash flow statement. Like any other income statement, the PGR income statement also itemizes revenue/sales, operating expenses, and profits/bottomline for a quarter or year and reflects a YOY revenue growth of 14.49% when compared to the same period in the past. The operating expenses as shown in the Progressive Corp profit and loss statement for 2017 total to $0. This line item shows that the operating expenses has decreased compared with last year. Also check: Progressive Corp assets and Progressive Corp free cash flow.

View revenue and profit details for latest and last 10 financial years.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Progressive Corp Revenues or Net Sales
26.84B23.44B20.85B19.39B18.17B17.08B15.51B14.96B14.56B12.84B
Cost Of Goods Sold (COGS)24.41B21.72B18.71B17.3B16.28B15.59B13.86B13.23B12.84B12.9B
Progressive Corp Gross Profit
2.43B1.73B2.15B2.09B1.9B1.49B1.65B1.73B1.73B-56.4M
Research & Development Expense----------
Selling General & Admin Expense----------
Income Before Depreciation Depletion Amortization2.43B1.73B2.15B2.09B1.9B1.49B1.65B1.73B1.73B-56.4M
Depreciation Depletion Amortization----------
Non Operating Income-133.4M-114.4M-100.3M-69.8M-57.6M-51.5M-32.9M-33.3M-30.5M-29.2M
Interest Expense153.1M140.9M136M116.9M118.2M123.8M132.7M133.5M139M136.7M
Progressive Corp Pretax Income
2.14B1.47B1.91B1.91B1.72B1.32B1.49B1.57B1.56B-222.3M
Provision for Income Taxes540.8M413.5M611.1M626.4M554.6M415.4M471.5M496.9M499.4M-152.3M
MinorityInterest5.9M26.2M32.9M-------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations1.6B1.06B1.3B1.28B1.17B902.29M1.02B1.07B1.06B-70M
Extraordinary Items & Discontinued Operations----------
Progressive Corp Profit/ Loss (Net Income)
1.59B1.03B1.27B1.28B1.17B902.29M1.02B1.07B1.06B-70M
Average Shares used to compute Diluted EPS585.7M585M589.2M594.8M603.6M607.8M636.9M663.3M672.2M673.9M
Average Shares used to compute Basic EPS580.8M581.7M585.5M590.6M599.1M603.3M632.3M657.9M666.8M668M
Income Before Nonrecurring Items1.54B979.9M1.19B1.23B958.44M702.88M912.9M1.07B1.04B854.75M
Income from Nonrecurring Items54.6M51.1M73.26M50.74M206.96M199.42M102.6M-17.62M-924.75M
Progressive Corp Earnings Per Share Basic Net
2.741.772.162.171.951.501.611.621.59-0.10
Progressive Corp Earnings Per Share Diluted Net
2.721.762.152.151.931.481.591.611.57-0.10
EPS Diluted Before Nonrecurring Items2.631.662.032.061.591.151.431.611.551.27
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common0.680.890.691.490.281.410.401.160.000.15
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on Progressive Corp stock analysis. It helps to look at the following income statement items:

  • Revenue: The money received by selling of goods or services comes under this line item. A YoY growth - See: Progressive Corp revenue chart implies that the company is growing. It has been the case with Progressive Corp. One must look at stocks with increasing revenues, and stay away from stocks whose revenues or sales are declining.
  • Bottom line: Most businesses like Progressive Corp try to grow their profits by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.

The income statement is also called the profit and loss statement. Apart from the PGR income statement, one can check the Progressive Corp historical stock prices to check how the price has moved with time.

Progressive Corp Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
18.94
PS Ratio (price sales ratio)
1.27
Operating Margin
13.2
Net Profit Margin
9.7
Dividend Yield
1.84%