The Progressive Corporation
Explore The Progressive Corporation
Core profile pages, annual revenue records, and related research hubs for this company.
CorpDigest
The Progressive Corporation
Explore The Progressive Corporation
Core profile pages, annual revenue records, and related research hubs for this company.
Annual Revenue
FY2021 Revenue
$47,702
▲ 11.9% vs FY2020 ($42,648)
Net Income: $1,466
The Progressive Corporation reported $47,702 in revenue for fiscal year 2021. This represents a growth of 11.9% compared to the 2020 figure of $42,648. In 2022, revenue increased to $52,960.
Premiums accelerated with revenue rising about 11.9% to $47.7 billion in 2021, though heavier claims severity trimmed net income to roughly $1.5 billion.
| Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $73,400 | $7,800 | +18.5% |
| FY2023 | $61,966 | $3,636 | +17.0% |
| FY2022 | $52,960 | N/A | +11.0% |
| FY2021 | $47,702 | $1,466 | +11.9% |
| FY2020 | $42,648 | $4,061 | +7.1% |
| FY2019 | $39,837 | $2,719 | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.