FN2 Earnings Intelligence
The Progressive Corporation cash flow
The Progressive Corporation (PGR) Cash Flow (annual) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - |
| - Cash | $202.1 | $220.9 | $99.6 | $154 | $138 |
| + Debt | - | - | - | - | - |
| Enterprise Value | - | - | - | - | - |
| Revenue | $47,702 | $49,610.7 | $62,108.5 | $75,372 | $87,671 |
| % Growth | 11.8% | 4.0% | 25.2% | 21.4% | 16.3% |
| Gross Profit | $4,210 | $922.1 | $4,903.7 | $10,713 | $14,223 |
| % Margin | 8.8% | 1.9% | 7.9% | 14.2% | 16.2% |
| EBITDA | - | - | - | - | - |
| % Margin | - | - | - | - | - |
| Net Income | $3,350.9 | $721.5 | $3,902.4 | $8,480 | $11,308 |
| % Margin | 7.0% | 1.5% | 6.3% | 11.3% | 12.9% |
| Diluted EPS | $5.66 | $1.18 | $6.58 | $14.40 | $19.23 |
| % Growth | -41.4% | -79.2% | 457.6% | 118.8% | 33.5% |
| Operating Cash Flow | $7,761.7 | $6,848.8 | $10,643.3 | $15,119 | $17,548 |
| CapEx | $243.5 | $292 | $252 | $285 | $348 |
| Free Cash Flow | $7,518.2 | $6,556.8 | $10,391.3 | $14,834 | $17,200 |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue | $47,702 | $49,610.7 | $62,108.5 | $75,372 | $87,671 |
| Gross Profit | $4,210 | $922.1 | $4,903.7 | $10,713 | $14,223 |
| EBITDA | - | - | - | - | - |
| Net Income | $3,350.9 | $721.5 | $3,902.4 | $8,480 | $11,308 |
| Diluted EPS | $5.66 | $1.18 | $6.58 | $14.40 | $19.23 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $202.1 | $220.9 | $99.6 | $154 | $138 |
| Short-term Debt | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - |
| Total Debt | - | - | - | - | - |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $7,761.7 | $6,848.8 | $10,643.3 | $15,119 | $17,548 |
| Capital Expenditure | $243.5 | $292 | $252 | $285 | $348 |
| Free Cash Flow | $7,518.2 | $6,556.8 | $10,391.3 | $14,834 | $17,200 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue Growth | 11.8% | 4.0% | 25.2% | 21.4% | 16.3% |
| Gross Margin | 8.8% | 1.9% | 7.9% | 14.2% | 16.2% |
| EBITDA Margin | - | - | - | - | - |
| Net Margin | 7.0% | 1.5% | 6.3% | 11.3% | 12.9% |
| FCF Margin | 15.8% | 13.2% | 16.7% | 19.7% | 19.6% |
| Diluted EPS Growth | -41.4% | -79.2% | 457.6% | 118.8% | 33.5% |