Progressive Net Income from 2010 to 2024

PGR Stock  USD 206.82  0.67  0.33%   
Progressive Corp Net Income yearly trend continues to be relatively stable with very little volatility. Net Income is likely to grow to about 4.1 B this year. During the period from 2010 to 2024, Progressive Corp Net Income destribution of quarterly values had range of 5.7 B from its regression line and mean deviation of  1,411,174,933. View All Fundamentals
 
Net Income  
First Reported
1985-09-30
Previous Quarter
1.1 B
Current Value
B
Quarterly Volatility
331.3 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Progressive Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Progressive main balance sheet or income statement drivers, such as Interest Expense of 281.8 M, Total Revenue of 65.2 B or Gross Profit of 65.2 B, as well as many exotic indicators such as Short Term Coverage Ratios of 7.81, Price Earnings Ratio of 14.18 or Price To Sales Ratio of 1.49. Progressive financial statements analysis is a perfect complement when working with Progressive Corp Valuation or Volatility modules.
  
This module can also supplement Progressive Corp's financial leverage analysis and stock options assessment as well as various Progressive Corp Technical models . Check out the analysis of Progressive Corp Correlation against competitors.
To learn how to invest in Progressive Stock, please use our How to Invest in Progressive Corp guide.

Latest Progressive Corp's Net Income Growth Pattern

Below is the plot of the Net Income of Progressive Corp over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Progressive Corp financial statement analysis. It represents the amount of money remaining after all of Progressive Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Progressive Corp's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Progressive Corp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.9 B10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Progressive Net Income Regression Statistics

Arithmetic Mean2,176,201,333
Geometric Mean1,406,188,780
Coefficient Of Variation75.63
Mean Deviation1,411,174,933
Median1,281,000,000
Standard Deviation1,645,888,128
Sample Variance2708947.7T
Range5.7B
R-Value0.72
Mean Square Error1416019.6T
R-Squared0.51
Significance0
Slope264,014,429
Total Sum of Squares37925268.2T

Progressive Net Income History

20244.1 B
20233.9 B
2022721.5 M
20213.4 B
20205.7 B
2019B
20182.6 B

Other Fundumenentals of Progressive Corp

About Progressive Corp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Progressive Corp income statement, its balance sheet, and the statement of cash flows. Progressive Corp investors use historical funamental indicators, such as Progressive Corp's Net Income, to determine how well the company is positioned to perform in the future. Although Progressive Corp investors may use each financial statement separately, they are all related. The changes in Progressive Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Progressive Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Progressive Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Progressive Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Net Income3.9 B4.1 B
Net Income Applicable To Common Shares798.8 M758.9 M
Net Income From Continuing Ops2.7 B2.2 B
Net Income Per E B T 0.80  0.54 

Progressive Corp Investors Sentiment

The influence of Progressive Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Progressive. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Progressive Corp's public news can be used to forecast risks associated with an investment in Progressive. The trend in average sentiment can be used to explain how an investor holding Progressive can time the market purely based on public headlines and social activities around Progressive Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Progressive Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Progressive Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Progressive Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Progressive Corp.

Progressive Corp Implied Volatility

    
  37.48  
Progressive Corp's implied volatility exposes the market's sentiment of Progressive Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Progressive Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Progressive Corp stock will not fluctuate a lot when Progressive Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Progressive Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Progressive Corp's short interest history, or implied volatility extrapolated from Progressive Corp options trading.

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When determining whether Progressive Corp is a strong investment it is important to analyze Progressive Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Progressive Corp's future performance. For an informed investment choice regarding Progressive Stock, refer to the following important reports:
Check out the analysis of Progressive Corp Correlation against competitors.
To learn how to invest in Progressive Stock, please use our How to Invest in Progressive Corp guide.
Note that the Progressive Corp information on this page should be used as a complementary analysis to other Progressive Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Complementary Tools for Progressive Stock analysis

When running Progressive Corp's price analysis, check to measure Progressive Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progressive Corp is operating at the current time. Most of Progressive Corp's value examination focuses on studying past and present price action to predict the probability of Progressive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progressive Corp's price. Additionally, you may evaluate how the addition of Progressive Corp to your portfolios can decrease your overall portfolio volatility.
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Is Progressive Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Progressive Corp. If investors know Progressive will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Progressive Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.424
Dividend Share
1.15
Earnings Share
6.59
Revenue Per Share
106.142
Quarterly Revenue Growth
0.254
The market value of Progressive Corp is measured differently than its book value, which is the value of Progressive that is recorded on the company's balance sheet. Investors also form their own opinion of Progressive Corp's value that differs from its market value or its book value, called intrinsic value, which is Progressive Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Progressive Corp's market value can be influenced by many factors that don't directly affect Progressive Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Progressive Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Progressive Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Progressive Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.