Progressive (PGR) Revenue & Revenue Breakdown
Progressive Revenue Highlights
Latest Revenue (Y)
$62.08B
Latest Revenue (Q)
$17.76B
Main Segment (Y)
Commercial Lines Segment
Progressive Revenue by Period
Progressive Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $62.08B | 25.20% |
| 2022-12-31 | $49.59B | 4.01% |
| 2021-12-31 | $47.68B | 11.82% |
| 2020-12-31 | $42.64B | 9.33% |
| 2019-12-31 | $39.00B | 22.04% |
| 2018-12-31 | $31.95B | 19.16% |
| 2017-12-31 | $26.82B | 14.51% |
| 2016-12-31 | $23.42B | 12.41% |
| 2015-12-31 | $20.83B | 7.51% |
| 2014-12-31 | $19.38B | 6.72% |
| 2013-12-31 | $18.16B | 8.15% |
| 2012-12-31 | $16.79B | 8.26% |
| 2011-12-31 | $15.51B | 3.64% |
| 2010-12-31 | $14.96B | 2.74% |
| 2009-12-31 | $14.56B | 13.42% |
| 2008-12-31 | $12.84B | -12.57% |
| 2007-12-31 | $14.69B | -0.67% |
| 2006-12-31 | $14.79B | 3.38% |
| 2005-12-31 | $14.30B | 3.78% |
| 2004-12-31 | $13.78B | 15.89% |
| 2003-12-31 | $11.89B | 27.95% |
| 2002-12-31 | $9.29B | 24.12% |
| 2001-12-31 | $7.49B | 10.59% |
| 2000-12-31 | $6.77B | 10.56% |
| 1999-12-31 | $6.12B | 15.72% |
| 1998-12-31 | $5.29B | 14.85% |
| 1997-12-31 | $4.61B | 32.48% |
| 1996-12-31 | $3.48B | 15.49% |
| 1995-12-31 | $3.01B | 24.70% |
| 1994-12-31 | $2.42B | 23.56% |
| 1993-12-31 | $1.95B | - |
Progressive generated $62.08B in revenue during NA 2023, up 25.20% compared to the previous quarter, and up 194.28% compared to the same period a year ago.
Progressive Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $17.76B | 3.04% |
| 2024-03-31 | $17.24B | 2.09% |
| 2023-12-31 | $16.88B | 8.55% |
| 2023-09-30 | $15.55B | 1.34% |
| 2023-06-30 | $15.35B | 7.34% |
| 2023-03-31 | $14.30B | 6.20% |
| 2022-12-31 | $13.46B | 5.39% |
| 2022-09-30 | $12.77B | 10.95% |
| 2022-06-30 | $11.51B | -2.72% |
| 2022-03-31 | $11.84B | -5.20% |
| 2021-12-31 | $12.49B | 5.34% |
| 2021-09-30 | $11.85B | -0.39% |
| 2021-06-30 | $11.90B | 4.02% |
| 2021-03-31 | $11.44B | 0.26% |
| 2020-12-31 | $11.41B | 4.28% |
| 2020-09-30 | $10.94B | -0.23% |
| 2020-06-30 | $10.97B | 17.70% |
| 2020-03-31 | $9.32B | -13.20% |
| 2019-12-31 | $10.73B | 12.71% |
| 2019-09-30 | $9.52B | 0.85% |
| 2019-06-30 | $9.44B | 1.62% |
| 2019-03-31 | $9.29B | 15.76% |
| 2018-12-31 | $8.03B | -5.43% |
| 2018-09-30 | $8.49B | 5.97% |
| 2018-06-30 | $8.01B | 7.92% |
| 2018-03-31 | $7.42B | 4.34% |
| 2017-12-31 | $7.12B | 4.85% |
| 2017-09-30 | $6.79B | 2.83% |
| 2017-06-30 | $6.60B | 4.48% |
| 2017-03-31 | $6.32B | 3.17% |
| 2016-12-31 | $6.12B | 3.24% |
| 2016-09-30 | $5.93B | 2.03% |
| 2016-06-30 | $5.81B | 4.68% |
| 2016-03-31 | $5.55B | 2.93% |
| 2015-12-31 | $5.39B | 2.37% |
| 2015-09-30 | $5.27B | -0.15% |
| 2015-06-30 | $5.28B | 7.93% |
| 2015-03-31 | $4.89B | -5.44% |
| 2014-12-31 | $5.17B | 8.48% |
| 2014-09-30 | $4.77B | 0.67% |
| 2014-06-30 | $4.74B | 0.68% |
| 2014-03-31 | $4.70B | 1.93% |
| 2013-12-31 | $4.61B | 2.08% |
| 2013-09-30 | $4.52B | -1.50% |
| 2013-06-30 | $4.59B | 3.54% |
| 2013-03-31 | $4.43B | -2.56% |
| 2012-12-31 | $4.55B | 4.67% |
| 2012-09-30 | $4.35B | 5.63% |
| 2012-06-30 | $4.11B | 1.29% |
| 2012-03-31 | $4.06B | 3.33% |
| 2011-12-31 | $3.93B | 3.14% |
| 2011-09-30 | $3.81B | -1.59% |
| 2011-06-30 | $3.87B | -0.53% |
| 2011-03-31 | $3.89B | 1.52% |
| 2010-12-31 | $3.84B | 1.92% |
| 2010-09-30 | $3.76B | 2.08% |
| 2010-06-30 | $3.69B | 0.56% |
| 2010-03-31 | $3.67B | -6.02% |
| 2009-12-31 | $3.90B | 8.01% |
| 2009-09-30 | $3.61B | 0.78% |
| 2009-06-30 | $3.58B | 3.32% |
| 2009-03-31 | $3.47B | -1.12% |
| 2008-12-31 | $3.51B | 58.70% |
| 2008-09-30 | $2.21B | -37.51% |
| 2008-06-30 | $3.54B | -1.37% |
| 2008-03-31 | $3.59B | -0.79% |
| 2007-12-31 | $3.61B | - |
Progressive generated $17.76B in revenue during Q2 2024, up 3.04% compared to the previous quarter, and up 124.22% compared to the same period a year ago.
Progressive Revenue Breakdown
Progressive Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Other Indemnity | $1.00M | - | - | - | - |
| Property Segment | $2.55B | - | - | - | - |
| Commercial Lines Segment | $9.90B | - | - | - | - |
| Non Insurance Service Business | - | $299.30M | $271.40M | $226.40M | $195.00M |
| Fees And Other Revenues | - | $722.10M | $691.80M | $603.50M | $563.70M |
Progressive's latest annual revenue breakdown by segment (product or service), as of Dec 23: Commercial Lines Segment (79.50%), Property Segment (20.49%), and Other Indemnity (0.01%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Property Segment | $712.80M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Personal Lines Segment | $12.88B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Commercial Lines Segment | $2.56B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Indemnity Segment | $200.00K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Fees And Other Revenues | - | $223.70M | $226.70M | $206.20M | $190.20M | $181.40M | $176.50M | $174.00M | $175.00M | $174.90M | $176.20M | $165.70M | $168.70M | $151.80M | $129.50M | $153.50M | $160.30M | $138.40M | $134.80M | $130.20M |
| Non Insurance Service Business | - | $81.40M | $81.00M | $72.50M | $68.80M | $82.70M | $80.10M | $67.70M | $69.30M | $73.80M | $74.50M | $53.80M | $57.00M | $58.80M | $59.00M | $51.60M | $50.90M | $51.50M | $50.00M | $42.60M |
Progressive's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Personal Lines Segment (79.75%), Commercial Lines Segment (15.84%), Property Segment (4.41%), and Other Indemnity Segment (0.00%).
Progressive Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| PGR | Progressive | $62.08B | $17.76B |
| ALL | Allstate | $57.09B | $15.71B |
| CB | Chubb | $50.50B | $13.85B |
| TRV | Travelers Companies | $41.36B | $11.28B |
| WRB | W. R. Berkley | $12.14B | $3.31B |
| CINF | Cincinnati Financial | $10.01B | $2.54B |
| WTM | White Mountains Insurance Group | $1.73B | $-95.80M |
| RLI | RLI | $1.51B | $416.44M |
| KNSL | Kinsale Capital Group | $1.22B | $383.34M |
PGR Revenue FAQ
What is Progressive’s yearly revenue?
Progressive's yearly revenue for 2023 was $62.08B, representing an increase of 25.20% compared to 2022. The company's yearly revenue for 2022 was $49.59B, representing an increase of 4.01% compared to 2021. PGR's yearly revenue for 2021 was $47.68B, representing an increase of 11.82% compared to 2020.
What is Progressive’s quarterly revenue?
Progressive's quarterly revenue for Q2 2024 was $17.76B, a 3.04% increase from the previous quarter (Q1 2024), and a 15.73% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $17.24B, a 2.09% increase from the previous quarter (Q4 2023), and a 20.56% increase year-over-year (Q1 2023). PGR's quarterly revenue for Q4 2023 was $16.88B, a 8.55% increase from the previous quarter (Q3 2023), and a 25.41% increase year-over-year (Q4 2022).
What is Progressive’s revenue growth rate?
Progressive's revenue growth rate for the last 3 years (2021-2023) was 30.22%, and for the last 5 years (2019-2023) was 59.19%.
What are Progressive’s revenue streams?
Progressive's revenue streams in c 23 are Other Indemnity, Property Segment, and Commercial Lines Segment. Other Indemnity generated $1M in revenue, accounting 0.01% of the company's total revenue Property Segment generated $2.55B in revenue, accounting 20.49% of the company's total revenue Commercial Lines Segment generated $9.9B in revenue, accounting 79.50% of the company's total revenue
What is Progressive’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Progressive was Commercial Lines Segment. This segment made a revenue of $9.9B, representing 79.50% of the company's total revenue.