PGR — Progressive Income Statement

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Annual income statement for Progressive, fiscal year end - December 31st, USD millions except per share, conversion factor applied.

	2019 December 31st	2020 December 31st	2021 December 31st	2022 December 31st	2023 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	10-K	10-K	10-K	10-K	10-K
Standards:	USG	USG	USG	USG	USG
Status:	Final	Final	Final	Final	Final
Total Premiums Earned
Net Investment Income
Realized & Unrealized Gains / Losses
Total Revenue	38,998	42,638	47,677	49,586	62,082
Losses, Benefits, and Adjustments
Amortization of Policy Acquisition Costs
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	33,648	35,248	43,248	48,421	56,910
Operating Profit	5,350	7,390	4,429	1,166	5,172
Total Net Non Operating Interest Income / Expense
Net Income Before Taxes	5,160	7,173	4,210	922	4,904
Provision for Income Taxes
Net Income After Taxes	3,980	5,705	3,351	722	3,902
Minority Interest
Net Income Before Extraordinary Items
Net Income	3,970	5,705	3,351	722	3,902
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	3,943	5,678	3,324	695	3,865
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	6.72	9.66	5.66	1.48	6.58
Dividends per Share