How much profit has Progressive made this year?
Progressive has made 7.77 B USD this year.
Progressive Net Income 2024
Progressive Net Income
7.77 B USD
Ticker
PGR
ISIN
US7433151039
WKN
865496
In 2024, Progressive's profit amounted to 7.77 B USD, a 100.96% increase from the 3.86 B USD profit recorded in the previous year.
The Progressive Net Income history
| YEAR | NET INCOME (undefined USD) |
|---|---|
| 2026e | 8.57 |
| 2025e | 8.17 |
| 2024e | 7.77 |
| 2023 | 3.86 |
| 2022 | 0.69 |
| 2021 | 3.32 |
| 2020 | 5.68 |
| 2019 | 3.94 |
| 2018 | 2.59 |
| 2017 | 1.59 |
| 2016 | 1.03 |
| 2015 | 1.27 |
| 2014 | 1.28 |
| 2013 | 1.17 |
| 2012 | 0.9 |
| 2011 | 1.02 |
| 2010 | 1.07 |
| 2009 | 1.06 |
| 2008 | -0.07 |
| 2007 | 1.18 |
| 2006 | 1.65 |
| 2005 | 1.39 |
| 2004 | 1.65 |
Progressive Revenue, EBIT, Net Income US7433151039 · 865496
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Revenue, EBIT and Profit
ⓘUnderstanding Revenue, EBIT, and Income
Gain insights into Progressive, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Progressive from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Progressive’s net earnings, an ultimate measure of its financial health and profitability.
Yearly Analysis and Comparisons
Observe the yearly bars to understand the annual performance and growth of Progressive. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.
Utilizing Expectations for Investment
The expected values for the forthcoming years offer investors a glimpse into Progressive’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.
Investment Insights
Leveraging the comparison between Revenue and EBIT helps in assessing Progressive’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Progressive’s growth potential.
Progressive Revenue, EBIT and net profit per share
| Date | Progressive Revenue | Progressive EBIT | Progressive Net Income |
|---|---|---|---|
| 2026e | 97.72 B undefined | 10.07 B undefined | 8.57 B undefined |
| 2025e | 88.67 B undefined | 9.2 B undefined | 8.17 B undefined |
| 2024e | 75.77 B undefined | 8.56 B undefined | 7.77 B undefined |
| 2023 | 62.08 B undefined | 5.17 B undefined | 3.86 B undefined |
| 2022 | 49.59 B undefined | 1.39 B undefined | 694.6 M undefined |
| 2021 | 47.68 B undefined | 4.43 B undefined | 3.32 B undefined |
| 2020 | 42.64 B undefined | 7.39 B undefined | 5.68 B undefined |
| 2019 | 39 B undefined | 5.35 B undefined | 3.94 B undefined |
| 2018 | 31.96 B undefined | 3.33 B undefined | 2.59 B undefined |
| 2017 | 26.82 B undefined | 2.29 B undefined | 1.59 B undefined |
| 2016 | 23.42 B undefined | 1.61 B undefined | 1.03 B undefined |
| 2015 | 20.83 B undefined | 2.05 B undefined | 1.27 B undefined |
| 2014 | 19.38 B undefined | 2.03 B undefined | 1.28 B undefined |
| 2013 | 18.16 B undefined | 1.84 B undefined | 1.17 B undefined |
| 2012 | 17.07 B undefined | 1.44 B undefined | 902 M undefined |
| 2011 | 15.76 B undefined | 1.62 B undefined | 1.02 B undefined |
| 2010 | 15.2 B undefined | 1.7 B undefined | 1.07 B undefined |
| 2009 | 14.55 B undefined | 1.7 B undefined | 1.06 B undefined |
| 2008 | 12.83 B undefined | -86 M undefined | -70 M undefined |
| 2007 | 14.67 B undefined | 1.8 B undefined | 1.18 B undefined |
| 2006 | 14.78 B undefined | 2.51 B undefined | 1.65 B undefined |
| 2005 | 14.29 B undefined | 2.14 B undefined | 1.39 B undefined |
| 2004 | 13.77 B undefined | 2.53 B undefined | 1.65 B undefined |
| Revenue | EBIT | Net Income | |
|---|---|---|---|
| 2004 | 13.77 B USD | 2.53 B USD | 1.65 B USD |
| 2005 | 14.29 B USD | 2.14 B USD | 1.39 B USD |
| 2006 | 14.78 B USD | 2.51 B USD | 1.65 B USD |
| 2007 | 14.67 B USD | 1.8 B USD | 1.18 B USD |
| 2008 | 12.83 B USD | -86 M USD | -70 M USD |
| 2009 | 14.55 B USD | 1.7 B USD | 1.06 B USD |
| 2010 | 15.2 B USD | 1.7 B USD | 1.07 B USD |
| 2011 | 15.76 B USD | 1.62 B USD | 1.02 B USD |
| 2012 | 17.07 B USD | 1.44 B USD | 902 M USD |
| 2013 | 18.16 B USD | 1.84 B USD | 1.17 B USD |
| 2014 | 19.38 B USD | 2.03 B USD | 1.28 B USD |
| 2015 | 20.83 B USD | 2.05 B USD | 1.27 B USD |
| 2016 | 23.42 B USD | 1.61 B USD | 1.03 B USD |
| 2017 | 26.82 B USD | 2.29 B USD | 1.59 B USD |
| 2018 | 31.96 B USD | 3.33 B USD | 2.59 B USD |
| 2019 | 39 B USD | 5.35 B USD | 3.94 B USD |
| 2020 | 42.64 B USD | 7.39 B USD | 5.68 B USD |
| 2021 | 47.68 B USD | 4.43 B USD | 3.32 B USD |
| 2022 | 49.59 B USD | 1.39 B USD | 694.6 M USD |
| 2023 | 62.08 B USD | 5.17 B USD | 3.86 B USD |
| 2024e | 75.77 B USD | 8.56 B USD | 7.77 B USD |
| 2025e | 88.67 B USD | 9.2 B USD | 8.17 B USD |
| 2026e | 97.72 B USD | 10.07 B USD | 8.57 B USD |
Progressive stock margins US7433151039 · 865496
The Progressive margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Progressive. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Progressive.
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Margin
ⓘUnderstanding Gross Margin
The gross margin, expressed as a percentage, delineates the gross profit made from the Progressive's sales revenue. A higher gross margin percentage indicates that the Progressive retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.
EBIT Margin Analysis
EBIT margin represents the Progressive's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.
Revenue Margin Insights
The revenue margin demonstrates the Progressive's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Progressive's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.
Interpreting Expectations
The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Progressive. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.
Comparative Analysis
Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Progressive's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.
Progressive Margin History
| Progressive Gross margin | Progressive Profit margin | Progressive EBIT margin | Progressive Profit margin |
|---|---|---|---|
| 2026e | 3.4 % | 10.31 % | 8.77 % |
| 2025e | 3.4 % | 10.37 % | 9.21 % |
| 2024e | 3.4 % | 11.3 % | 10.25 % |
| 2023 | 3.4 % | 8.33 % | 6.23 % |
| 2022 | 3.4 % | 2.8 % | 1.4 % |
| 2021 | 9.82 % | 9.29 % | 6.97 % |
| 2020 | 3.4 % | 17.33 % | 13.32 % |
| 2019 | 3.4 % | 13.72 % | 10.11 % |
| 2018 | 3.4 % | 10.42 % | 8.12 % |
| 2017 | 3.4 % | 8.55 % | 5.94 % |
| 2016 | 3.4 % | 6.88 % | 4.4 % |
| 2015 | 3.4 % | 9.84 % | 6.09 % |
| 2014 | 3.4 % | 10.47 % | 6.61 % |
| 2013 | 3.4 % | 10.15 % | 6.42 % |
| 2012 | 3.4 % | 8.45 % | 5.28 % |
| 2011 | 3.4 % | 10.28 % | 6.45 % |
| 2010 | 3.4 % | 11.17 % | 7.02 % |
| 2009 | 3.4 % | 11.65 % | 7.27 % |
| 2008 | 3.4 % | -0.67 % | -0.55 % |
| 2007 | 3.4 % | 12.28 % | 8.06 % |
| 2006 | 3.4 % | 16.99 % | 11.15 % |
| 2005 | 3.4 % | 14.99 % | 9.75 % |
| 2004 | 3.4 % | 18.39 % | 11.98 % |
| Gross margin | EBIT margin | Profit margin | |
|---|---|---|---|
| 2004 | 3.4 % | 18.39 % | 11.98 % |
| 2005 | 3.4 % | 14.99 % | 9.75 % |
| 2006 | 3.4 % | 16.99 % | 11.15 % |
| 2007 | 3.4 % | 12.28 % | 8.06 % |
| 2008 | 3.4 % | -0.67 % | -0.55 % |
| 2009 | 3.4 % | 11.65 % | 7.27 % |
| 2010 | 3.4 % | 11.17 % | 7.02 % |
| 2011 | 3.4 % | 10.28 % | 6.45 % |
| 2012 | 3.4 % | 8.45 % | 5.28 % |
| 2013 | 3.4 % | 10.15 % | 6.42 % |
| 2014 | 3.4 % | 10.47 % | 6.61 % |
| 2015 | 3.4 % | 9.84 % | 6.09 % |
| 2016 | 3.4 % | 6.88 % | 4.4 % |
| 2017 | 3.4 % | 8.55 % | 5.94 % |
| 2018 | 3.4 % | 10.42 % | 8.12 % |
| 2019 | 3.4 % | 13.72 % | 10.11 % |
| 2020 | 3.4 % | 17.33 % | 13.32 % |
| 2021 | 9.82 % | 9.29 % | 6.97 % |
| 2022 | 3.4 % | 2.8 % | 1.4 % |
| 2023 | 3.4 % | 8.33 % | 6.23 % |
| 2024e | 3.4 % | 11.3 % | 10.25 % |
| 2025e | 3.4 % | 10.37 % | 9.21 % |
| 2026e | 3.4 % | 10.31 % | 8.77 % |
Progressive Aktienanalyse
What does Progressive do?
Progressive Corp - a comprehensive analysis The Progressive Corp (also known as "Progressive Insurance") is an American company specializing in the sale of car insurance. The company was founded in 1937 by Joseph Lewis and Jack Green in Ohio. Originally, the company started under the name "Producers and Distributors Corporation" before being renamed "Progressive Corporation" in 1956. Since the early 1960s, the company has steadily grown and expanded. Nowadays, the company is active in both the US and Canadian markets and employs over 42,000 employees. Business model of Progressive Corp The company offers various types of insurance, including car, motorcycle, and home insurance. Unlike many other insurance companies, Progressive works directly with the customer, bypassing the use of insurance agents. Instead, interested individuals can directly purchase their insurance on the company's website, learn about different insurance options, and choose individual terms and conditions. This model has made Progressive a driving force in the insurance industry. The advantage is cost and time savings that can be passed on directly to the customers. The company is known for its fair, customer-oriented approaches and has even acquired the nickname "Friendly Flo" for its famous advertising character. Different divisions and products of Progressive Corp Car insurance Car insurance is the core area of focus for Progressive Corp. The company aims to provide its customers with high-quality services to ensure comprehensive coverage in the event of an accident. Progressive offers a variety of car insurance options, including liability insurance, comprehensive insurance, and collision insurance. Additionally, the company offers a range of discounts, such as safe driver discounts, multi-vehicle discounts, and automatic payment discounts. Motorcycle insurance Progressive Corp also offers motorcycle insurance. This is an important area as there are many motorcycle enthusiasts who need adequate insurance to protect themselves against potential accidents. Progressive offers a wide range of insurance options to protect riders against potential damages. Home insurance Progressive Corp also provides home insurance to offer comprehensive protection to its customers. The insurance covers protection against natural disasters such as floods or fires while also safeguarding their property. The insurance can be customized to fit the individual needs and budget of the customer. Conclusion Progressive Corp is an important player in the insurance industry. The company aims to provide its customers with high quality in terms of services and customer support. Progressive is an innovative company that leverages its niche position through direct marketing. As a result, the company remains competitive and well-positioned. Progressive ist eines der beliebtesten Unternehmen auf Eulerpool.com.Net Income Details
Understanding Progressive's Profit Margins
The profit margins of Progressive represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Progressive's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.
Year-to-Year Comparison
Evaluating Progressive's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.
Impact on Investments
Progressive's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.
Interpreting Profit Fluctuations
When Progressive’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.
Frequently Asked Questions about Progressive stock
How has the profit developed compared to last year?
The profit has increased by 100.96% compared to last year increased
What impact do the earnings have on the shareholders?
An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.
How does Progressive publish its earnings?
Progressive publishes its earnings in the form of quarterly or annual reports.
Which financial indicators are included in the quarterly or annual reports?
The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.
Why is it important for investors to know the earnings of Progressive?
The profits of Progressive are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.
How can one learn more about the earnings of Progressive?
You can learn more about the earnings of Progressive by reviewing the quarterly or annual reports or following the company presentations.
How much dividend does Progressive pay?
Over the past 12 months, Progressive paid a dividend of 0.4 USD . This corresponds to a dividend yield of about 0.16 %. For the coming 12 months, Progressive is expected to pay a dividend of 0.41 USD.
What is the dividend yield of Progressive?
The current dividend yield of Progressive is 0.16 %.
When does Progressive pay dividends?
Progressive pays a quarterly dividend. This is distributed in the months of February, May, August, November.
How secure is the dividend of Progressive?
Progressive paid dividends every year for the past 17 years.
What is the dividend of Progressive?
For the upcoming 12 months, dividends amounting to 0.41 USD are expected. This corresponds to a dividend yield of 0.16 %.
In which sector is Progressive located?
Progressive is assigned to the 'Finance' sector.
Wann musste ich die Aktien von Progressive kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Progressive from 10/11/2024 amounting to 0.1 USD, you needed to have the stock in your portfolio before the ex-date on 10/3/2024.
When did Progressive pay the last dividend?
The last dividend was paid out on 10/11/2024.
What was the dividend of Progressive in the year 2023?
In the year 2023, Progressive distributed 0.4 USD as dividends.
In which currency does Progressive pay out the dividend?
The dividends of Progressive are distributed in USD.
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Andere Kennzahlen von Progressive
Our stock analysis for Progressive Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Progressive Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
