PROGRESSIVE CORP/OH/ PROGRESSIVE CORP/OH/ [PGR] has reported $2.3 billion quarterly profit, an increase of $874.7 million from the previous quarter, the company said in a filing to the SEC for the Q3 ended Sep 30, 2024.
PROGRESSIVE CORP/OH/ reported the quarterly diluted earnings per share (EPS) rose by 60.08 percent to $4 from $2.5 in the previous quarter.
Dollars in millions | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|
Income Statement |
| Revenue | $19,719.0 | $18,134.3 | $17,242.5 | $62,108.5 |
| Net Income | $2,333.4 | $1,458.7 | $2,331.4 | $3,902.4 |
| Net Cash | $47.4 | $2.1 | $68.3 | -$121.3 |
| Gross Margin | $19,719.0 | $18,134.3 | $17,242.5 | |
| Profit as % of Revenues | 845.08 | 1243.18 | 739.58 | |
| Profit as % of Assets | 3.74 | 2.51 | 4.19 | 4.75 |
| Profit as % of Stockholder Equity | 8.59 | 6.25 | 10.69 | 19.25 |
| Return on Equity | 8.59 | 6.25 | 10.69 | 19.25 |
| Return on Assets | 2.22 | 1.49 | 2.48 | 4.40 |
| Turnover Ratio | 31.57 | 31.26 | 30.96 | 0.76 |
Balance Sheet |
| Total Assets | $105,202.5 | $97,893.0 | $94,127.9 | $88,690.8 |
| Total Liabilities | $78,043.2 | $74,552.6 | $72,316.6 | $68,413.7 |
Cash Flow Statement |
| Operating Cash Flow | $12,111.7 | $7,501.2 | $4,235.4 | $10,643.3 |
| Investing Cash Flow | -$10,807.6 | -$6,386.8 | -$3,124.3 | -$10,842.6 |
| Financing Cash Flow | -$1,256.7 | -$1,112.3 | -$1,042.8 | $78.0 |
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