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Progressive Corp
NYSE:PGR

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Progressive Corp Logo
Progressive Corp
NYSE:PGR
Watchlist
Price: 215.51 USD 3.25% Market Closed
Updated: May 7, 2024
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Balance Sheet

85.7B
+3%
Assets
Growth Rates:
1 Year
+13%
3 Years
+36%
5 Years
+88%
7 Years
+155%
10 Years
+249%
68.3B
+3%
Liabilities
Growth Rates:
1 Year
+12%
3 Years
+52%
5 Years
+103%
7 Years
+167%
10 Years
+285%
17.4B
+4%
Equity
Growth Rates:
1 Year
+18%
3 Years
-4%
5 Years
+47%
7 Years
+115%
10 Years
+156%

Balance Sheet Decomposition
Progressive Corp

85.7B
Assets
68.3B
Liabilities
85.7B
Assets
68.3B
Liabilities
Cash & Short-Term Investments 123.5m
Insurance Receivable 12.4B
Deferred Policy Acquisition Cost 1.7B
PP&E 919.8m
Long-Term Investments 61.9B
Other Assets 8.6B
Insurance Policy Liabilities 54.3B
Long Term Debt 6.9B
Other Liabilities 7B

Balance Sheet
Progressive Corp

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Balance Sheet
Currency: USD
Dec-2013 Dec-2014 Dec-2015 Dec-2016 Dec-2017 Dec-2018 Dec-2019 Dec-2020 Dec-2021 Dec-2022
Assets
Cash & Cash Equivalents
75
108
224
212
265
70
226
77
187
204
Cash
75
108
224
212
265
70
226
77
187
204
Insurance Receivable
3 311
3 538
3 988
4 509
5 423
6 497
7 507
8 160
9 400
10 417
Deferred Policy Acquisition Cost
448
457
564
651
781
952
1 057
1 237
1 356
1 544
PP&E Net
961
961
1 037
1 177
1 120
1 132
1 402
1 272
1 310
1 165
PP&E Gross
0
0
1 037
1 177
1 120
1 132
1 402
1 272
1 310
1 165
Accumulated Depreciation
0
0
778
846
941
1 033
1 138
1 291
1 407
1 551
Intangible Assets
0
11
495
433
367
295
228
171
117
86
Goodwill
0
2
448
449
453
453
453
453
453
228
Long-Term Investments
18 055
19 018
20 937
23 483
27 275
33 567
39 254
47 530
51 514
53 548
Other Long-Term Assets
0
0
0
15
10
49
1
0
15
1 149
Other Assets
1 559
1 695
2 574
2 948
3 462
4 015
5 235
5 652
7 234
7 352
Total Assets
24 408
N/A
25 788
+6%
29 819
+16%
33 428
+12%
38 701
+16%
46 575
+20%
54 911
+18%
64 098
+17%
71 132
+11%
75 465
+6%
Liabilities
Insurance Policy Liabilities
13 654
14 298
16 661
18 836
21 990
26 087
30 494
33 703
41 780
47 653
Accounts Payable
0
1 894
2 068
2 496
2 826
5 047
4 416
4 777
5 830
5 396
Accrued Liabilities
0
0
0
0
0
0
202
179
181
137
Short-Term Debt
0
0
0
0
0
0
0
0
0
0
Current Portion of Long-Term Debt
0
0
27
25
25
0
0
500
0
0
Other Current Liabilities
2 675
404
519
395
655
0
1 375
2 695
59
0
Total Current Liabilities
2 675
2 298
2 614
2 916
3 506
5 047
5 993
8 151
6 069
5 533
Long-Term Debt
1 861
2 165
2 681
3 123
3 281
4 405
4 407
4 896
4 899
6 388
Deferred Income Tax
28
99
109
111
135
0
118
310
153
0
Minority Interest
0
0
465
484
504
215
226
0
0
0
Total Liabilities
18 219
N/A
18 859
+4%
22 530
+19%
25 470
+13%
29 416
+15%
35 753
+22%
41 237
+15%
47 060
+14%
52 901
+12%
59 574
+13%
Equity
Common Stock
596
588
584
580
582
1 077
1 079
1 079
1 078
1 079
Retained Earnings
3 500
4 133
4 687
5 140
6 032
8 387
10 680
13 355
15 340
15 721
Additional Paid In Capital
1 142
1 184
1 219
1 303
1 389
1 479
1 573
1 673
1 773
1 893
Unrealized Security Profit/Loss
947
1 022
809
940
1 295
106
361
947
56
2 786
Other Equity
5
1
9
6
13
15
19
16
16
16
Total Equity
6 190
N/A
6 929
+12%
7 289
+5%
7 957
+9%
9 285
+17%
10 822
+17%
13 673
+26%
17 039
+25%
18 232
+7%
15 891
-13%
Total Liabilities & Equity
24 408
N/A
25 788
+6%
29 819
+16%
33 428
+12%
38 701
+16%
46 575
+20%
54 911
+18%
64 098
+17%
71 132
+11%
75 465
+6%
Shares Outstanding
Common Shares Outstanding
596
586
584
580
582
583
585
585
584
585

See Also

Summary
PGR intrinsic value, competitors valuation, and company profile.
DCF Valuation
PGR stock valuation using Discount Cash Flow valuation method.
Relative Valuation
PGR stock valuation using valuation multiples.
Wall Street Estimates
PGR price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
PGR stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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