PROGRESSIVE CORP/OH/ — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that PROGRESSIVE CORP/OH/ filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $87.67B | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | $75.37B | Mar 2, 2026 |
| FY2025 | Dec 31, 2023 | $62.11B | Mar 2, 2026 |
| FY2024 | Dec 31, 2022 | $49.61B | Mar 3, 2025 |
| FY2023 | Dec 31, 2021 | $47.70B | Feb 26, 2024 |
| FY2022 | Dec 31, 2020 | $42.66B | Feb 27, 2023 |
| FY2021 | Dec 31, 2019 | $39.02B | Feb 28, 2022 |
| FY2020 | Dec 31, 2018 | $31.98B | Mar 1, 2021 |
| FY2019 | Dec 31, 2017 | $26.84B | Mar 2, 2020 |
| FY2018 | Dec 31, 2016 | $23.44B | Feb 27, 2019 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $11.31B | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | $8.48B | Mar 2, 2026 |
| FY2025 | Dec 31, 2023 | $3.90B | Mar 2, 2026 |
| FY2024 | Dec 31, 2022 | $722.00M | Mar 3, 2025 |
| FY2023 | Dec 31, 2021 | $3.35B | Feb 26, 2024 |
| FY2022 | Dec 31, 2020 | $5.70B | Feb 27, 2023 |
| FY2021 | Dec 31, 2019 | $3.97B | Feb 28, 2022 |
| FY2020 | Dec 31, 2018 | $2.62B | Mar 1, 2021 |
| FY2019 | Dec 31, 2017 | $1.59B | Mar 2, 2020 |
| FY2018 | Dec 31, 2016 | $1.03B | Feb 27, 2019 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $17.55B | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | $15.12B | Mar 2, 2026 |
| FY2025 | Dec 31, 2023 | $10.64B | Mar 2, 2026 |
| FY2024 | Dec 31, 2022 | $6.85B | Mar 3, 2025 |
| FY2023 | Dec 31, 2021 | $7.76B | Feb 26, 2024 |
| FY2022 | Dec 31, 2020 | $6.91B | Feb 27, 2023 |
| FY2021 | Dec 31, 2019 | $6.26B | Feb 28, 2022 |
| FY2020 | Dec 31, 2018 | $6.28B | Mar 1, 2021 |
| FY2019 | Dec 31, 2017 | $3.76B | Mar 2, 2020 |
| FY2018 | Dec 31, 2016 | $2.73B | Feb 27, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $348.00M | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | $285.00M | Mar 2, 2026 |
| FY2025 | Dec 31, 2023 | $252.00M | Mar 2, 2026 |
| FY2024 | Dec 31, 2022 | $292.00M | Mar 3, 2025 |
| FY2023 | Dec 31, 2021 | $243.50M | Feb 26, 2024 |
| FY2022 | Dec 31, 2020 | $223.50M | Feb 27, 2023 |
| FY2021 | Dec 31, 2019 | $363.50M | Feb 28, 2022 |
| FY2020 | Dec 31, 2018 | $266.00M | Mar 1, 2021 |
| FY2019 | Dec 31, 2017 | $155.70M | Mar 2, 2020 |
| FY2018 | Dec 31, 2016 | $215.00M | Feb 27, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $123.04B | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | $105.75B | Mar 2, 2026 |
| FY2024 | Dec 31, 2023 | $88.69B | Mar 3, 2025 |
| FY2023 | Dec 31, 2022 | $75.47B | Feb 26, 2024 |
| FY2022 | Dec 31, 2021 | $71.13B | Feb 27, 2023 |
| FY2021 | Dec 31, 2020 | $64.10B | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $54.91B | Mar 1, 2021 |
| FY2019 | Dec 31, 2018 | $46.58B | Mar 2, 2020 |
| FY2018 | Dec 31, 2017 | $38.70B | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | $33.43B | Feb 27, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $92.72B | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | $80.15B | Mar 2, 2026 |
| FY2024 | Dec 31, 2023 | $68.41B | Mar 3, 2025 |
| FY2023 | Dec 31, 2022 | $59.57B | Feb 26, 2024 |
| FY2022 | Dec 31, 2021 | $52.90B | Feb 27, 2023 |
| FY2021 | Dec 31, 2020 | $47.06B | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $41.01B | Mar 1, 2021 |
| FY2019 | Dec 31, 2018 | $35.54B | Mar 2, 2020 |
| FY2018 | Dec 31, 2017 | $28.91B | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | $24.99B | Feb 27, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $30.32B | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | $25.59B | Mar 2, 2026 |
| FY2025 | Dec 31, 2023 | $20.28B | Mar 2, 2026 |
| FY2024 | Dec 31, 2022 | $15.89B | Mar 3, 2025 |
| FY2023 | Dec 31, 2021 | $18.23B | Feb 26, 2024 |
| FY2022 | Dec 31, 2020 | $17.04B | Feb 27, 2023 |
| FY2021 | Dec 31, 2019 | $13.67B | Feb 28, 2022 |
| FY2020 | Dec 31, 2018 | $10.82B | Mar 1, 2021 |
| FY2019 | Dec 31, 2017 | $9.28B | Mar 2, 2020 |
| FY2018 | Dec 31, 2016 | $7.96B | Feb 27, 2019 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $228.00M | Mar 3, 2025 |
| FY2024 | Dec 31, 2023 | $228.00M | Mar 3, 2025 |
| FY2023 | Dec 31, 2022 | $227.90M | Feb 26, 2024 |
| FY2022 | Dec 31, 2021 | $452.70M | Feb 27, 2023 |
| FY2021 | Dec 31, 2020 | $452.70M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $452.70M | Mar 1, 2021 |
| FY2019 | Dec 31, 2018 | $452.70M | Mar 2, 2020 |
| FY2018 | Dec 31, 2017 | $452.70M | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | $449.40M | Feb 27, 2018 |
| FY2016 | Dec 31, 2015 | $447.60M | Mar 1, 2017 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $27.33B | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | $24.28B | Mar 2, 2026 |
| FY2024 | Dec 31, 2023 | $18.80B | Mar 3, 2025 |
| FY2023 | Dec 31, 2022 | $15.72B | Feb 26, 2024 |
| FY2022 | Dec 31, 2021 | $15.34B | Feb 27, 2023 |
| FY2021 | Dec 31, 2020 | $13.35B | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $10.68B | Mar 1, 2021 |
| FY2019 | Dec 31, 2018 | $8.39B | Mar 2, 2020 |
| FY2018 | Dec 31, 2017 | $6.03B | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | $5.14B | Feb 27, 2018 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2015 | Dec 31, 2015 | $2.71B | Feb 29, 2016 |
| FY2014 | Dec 31, 2014 | $2.16B | Mar 2, 2015 |
| FY2013 | Dec 31, 2013 | $1.86B | Feb 26, 2014 |
| FY2013 | Dec 31, 2012 | $2.06B | Feb 26, 2014 |
| FY2011 | Dec 31, 2011 | $2.44B | Feb 28, 2012 |
| FY2010 | Dec 31, 2010 | $1.96B | Mar 1, 2011 |
| FY2009 | Dec 31, 2009 | $2.18B | Mar 1, 2010 |
| FY2009 | Dec 31, 2008 | $2.18B | Mar 1, 2010 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 19 | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | 14 | Mar 2, 2026 |
| FY2025 | Dec 31, 2023 | 6 | Mar 2, 2026 |
| FY2024 | Dec 31, 2022 | 1 | Mar 3, 2025 |
| FY2023 | Dec 31, 2021 | 5 | Feb 26, 2024 |
| FY2022 | Dec 31, 2020 | 9 | Feb 27, 2023 |
| FY2021 | Dec 31, 2019 | 6 | Feb 28, 2022 |
| FY2020 | Dec 31, 2018 | 4 | Mar 1, 2021 |
| FY2019 | Dec 31, 2017 | 2 | Mar 2, 2020 |
| FY2018 | Dec 31, 2016 | 1 | Feb 27, 2019 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 19 | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | 14 | Mar 2, 2026 |
| FY2025 | Dec 31, 2023 | 6 | Mar 2, 2026 |
| FY2024 | Dec 31, 2022 | 1 | Mar 3, 2025 |
| FY2023 | Dec 31, 2021 | 5 | Feb 26, 2024 |
| FY2022 | Dec 31, 2020 | 9 | Feb 27, 2023 |
| FY2021 | Dec 31, 2019 | 6 | Feb 28, 2022 |
| FY2020 | Dec 31, 2018 | 4 | Mar 1, 2021 |
| FY2019 | Dec 31, 2017 | 2 | Mar 2, 2020 |
| FY2018 | Dec 31, 2016 | 1 | Feb 27, 2019 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.87B | Mar 2, 2026 |
| FY2025 | Dec 31, 2024 | $674.00M | Mar 2, 2026 |
| FY2025 | Dec 31, 2023 | $234.00M | Mar 2, 2026 |
| FY2024 | Dec 31, 2022 | $234.00M | Mar 3, 2025 |
| FY2023 | Dec 31, 2021 | $3.75B | Feb 26, 2024 |
| FY2022 | Dec 31, 2020 | $1.55B | Feb 27, 2023 |
| FY2021 | Dec 31, 2019 | $1.64B | Feb 28, 2022 |
| FY2020 | Dec 31, 2018 | $654.90M | Mar 1, 2021 |
| FY2018 | Feb 28, 2018 | $654.90M | Feb 27, 2019 |
| FY2019 | Dec 31, 2017 | $395.40M | Mar 2, 2020 |