PROGRESSIVE CORP/OH/

PGR · XNYS

CIK 80661fmd_1TB3FXQE4BQJ3X9Z8VRA4W3Z5DFinance, Insurance and Real Estate · Fire, Marine & Casualty InsuranceTemplate: Insurance

Coverage: Jan 01, 2007 to Sep 30, 2026, 75 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total interest income	479	563	821	1,042	937	861	1,260	1,892	2,832	3,583
Total revenues	23,441	26,839	31,979	39,022	42,658	47,702	49,611	62,109	75,372	87,671
Net premiums earned	–	–	–	–	–	–	49,241	58,665	70,799	81,661
Net interest income	338	410	654	852	720	642	1,016	1,624	2,553	3,305
Net investment income	457	539	796	1,017	917	835	1,236	1,866	2,803	3,549
Realized investment gains (losses)	51	50	(406)	1,029	1,630	1,509	(1,912)	353	264	727
Losses and loss adjustment expenses	16,880	18,808	21,721	25,471	25,122	33,628	38,123	45,655	49,060	53,959
Policy acquisition costs	1,864	2,125	2,574	3,023	3,273	3,713	3,917	4,665	5,383	6,096
Total benefits, losses and expenses	21,971	24,700	28,815	33,862	35,485	43,492	48,689	57,205	64,659	73,448
Interest expense	141	153	167	190	217	219	244	268	279	278
Income before taxes	1,471	2,139	3,164	5,160	7,173	4,210	922	4,904	10,713	14,223
Income tax expense	414	541	543	1,180	1,469	859	200	1,001	2,233	2,915
Net income from continuing operations	1,057	1,598	2,621	3,980	5,705	3,351	722	3,902	8,480	11,308
Net income	1,031	1,592	2,615	3,970	5,705	3,351	722	3,903	8,480	11,308
Net income to common shareholders	1,031	1,592	2,594	3,943	5,678	3,324	695	3,865	8,463	11,308