Progressive (PGR) Revenue & Revenue Breakdown

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Progressive Revenue Highlights

Latest Revenue (Y)

$62.08B

Latest Revenue (Q)

$19.71B

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
2024-09-30	$19.71B	10.98%
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 $19.71B in revenue during Q3 2024, up 10.98% compared to the previous quarter, and up 128.44% 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	-	-	-	-
Commercial Lines Segment	$9.90B	-	-	-	-
Property Segment	$2.55B	-	-	-	-
Fees And Other Revenues	-	$722.10M	$691.80M	$603.50M	$563.70M
Non Insurance Service Business	-	$299.30M	$271.40M	$226.40M	$195.00M

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	Sep 24	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
Personal Lines Segment	$14.81B	$12.88B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property Segment	$761.80M	$712.80M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commercial Lines Segment	$2.73B	$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
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

Progressive's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Personal Lines Segment (80.93%), Commercial Lines Segment (14.90%), and Property Segment (4.16%).

Progressive Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
PGR	Progressive	$62.08B	$19.71B
ALL	Allstate	$57.09B	$16.63B
CB	Chubb	$50.50B	$14.85B
TRV	Travelers Companies	$41.36B	$11.90B
WRB	W. R. Berkley	$12.14B	$3.38B
CINF	Cincinnati Financial	$10.01B	$3.32B
WTM	White Mountains Insurance Group	$1.73B	$395.40M
RLI	RLI	$1.51B	$470.00M
KNSL	Kinsale Capital Group	$1.22B	$418.06M

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 Q3 2024 was $19.71B, a 10.98% increase from the previous quarter (Q2 2024), and a 26.74% increase year-over-year (Q3 2023). The company'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). PGR'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).

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, Commercial Lines Segment, and Property Segment. Other Indemnity generated $1M in revenue, accounting 0.01% of the company's total revenue Commercial Lines Segment generated $9.9B in revenue, accounting 79.50% of the company's total revenue Property Segment generated $2.55B in revenue, accounting 20.49% 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.