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

- Company: PROGRESSIVE CORP/OH/ (PGR)
- Period: 2024-01-01 to 2024-12-31
- Filing: FY2024 10-K, filed 2025-03-03, accession number 0000080661-25-000007
- Page: https://plicit.ai/financials/pgr/fy2024-annual-income-statement
- Chart image: https://plicit.ai/charts/pgr-fy2024-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

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.