PROGRESSIVE CORP/OH/ (PGR) FY2024 Annual P&L / Income Statement

PROGRESSIVE CORP/OH/ (PGR) FY2024 Annual P&L / Income Statement

Income statement for 2024-01-01 through 2024-12-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues

75,372,000,000 US dollars

Operating expenses (calculated)

64,659,000,000 US dollars

Operating profit (calculated)

10,713,000,000 US dollars

Other income (expense), net (calculated)

0 US dollars

Income before income taxes

10,713,000,000 US dollars

Provision for income taxes

2,233,000,000 US dollars

Net income

8,480,000,000 US dollars

Net premiums earned

70,799,000,000 US dollars

Investment income

2,832,000,000 US dollars

Total net realized gains (losses) on securities

264,000,000 US dollars

Fees and other revenues

1,064,000,000 US dollars

Service revenues

413,000,000 US dollars

Total expenses

64,659,000,000 US dollars

Chart connections

• Revenue minus operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.