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Progressive Corp (PGR)

Progressive Corp (PGR)
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The Progressive Corporation is one of the major auto insurers in the country. Progressive is a leading independent agency writer of private passenger auto coverage, and the market share leader for the motorcycle products since 1998. Their Personal Lines segment writes insurance for private passenger automobiles, recreational and other vehicles. This business generally offers more than one program in a single state, with each program targeted toward a specific distribution channel, market, or customer group. Personal Lines products comprise insurance for personal autos and special lines products. Their Commercial Lines segment writes primary liability and physical damage insurance for automobiles and trucks owned by small businesses. The Commercial Lines business, which is primarily distributed through the independent agency channel, operates in the business auto and specialty truck markets.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Sep, 2024 Jun, 2024 Mar, 2024 Dec, 2023 Sep, 2023
Sales 19,719,000 18,134,301 17,242,500 16,891,199 15,560,600
Sales Growth +8.74% +5.17% +2.08% +8.55% +1.35%
Net Income 2,333,400 1,458,700 2,331,400 1,987,800 1,121,300
Net Income Growth +59.96% -37.43% +17.29% +77.28% +224.64%
(Values in U.S. Thousands) Sep, 2024 Jun, 2024 Mar, 2024 Dec, 2023 Sep, 2023
Total Assets 105,202,500 97,893,000 94,127,898 88,690,797 85,652,602
Total Assets Growth +7.47% +4.00% +6.13% +3.55% +3.26%
Total Liabilities 78,043,203 74,552,602 72,316,602 68,413,703 68,257,297
Total Liabilities Growth +4.68% +3.09% +5.70% +0.23% +3.05%
(Values in U.S. Thousands) Sep, 2024 Jun, 2024 Mar, 2024 Dec, 2023 Sep, 2023
Operating Cash Flow 12,111,700 7,501,200 4,235,400 10,643,300 8,206,000
Operating Cash Flow Growth +61.46% +77.11% -60.21% +29.70% +71.44%
Net Cash Flow 47,400 2,100 68,300 -121,300 -82,500
Change in Net Cash Flow +2,157.14% -96.93% +156.31% -47.03% -99.28%
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