Progressive Corp. logo

PGR

Progressive Corp.

$142.69

Earnings Summary

Revenue
$15347.4Mn
Net Profits
$345.4Mn
Net Profit Margins
2.25%

Highlights

Revenue:

Progressive Corp.’s revenue jumped 33.3% since last year same period to $15347.4Mn in the Q2 2023. On a quarterly growth basis, Progressive Corp. has generated 7.34% jump in its revenue since last 3-months.

Net Profits:

Progressive Corp.’s net profit jumped 163.62% since last year same period to $345.4Mn in the Q2 2023. On a quarterly growth basis, Progressive Corp. has generated -22.88% fall in its net profits since last 3-months.

Net Profit Margins:

Progressive Corp.’s net profit margin jumped 147.73% since last year same period to 2.25% in the Q2 2023. On a quarterly growth basis, Progressive Corp. has generated -28.16% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Progressive Corp. post its latest quarter earnings

EPS Estimate Current Quarter
1.39
EPS Estimate Current Year
1.39

Highlights

EPS Estimate Current Quarter:

Progressive Corp.’s earning per share (EPS) estimates for the current quarter stand at 1.39 - a 56.18% jump from last quarter’s estimates.

EPS Estimate Current Year:

Progressive Corp.’s earning per share (EPS) estimates for the current year stand at 1.39.

Key Ratios

Key ratios of the Progressive Corp. post its Q1 2023 earnings

Return on Assets (ROA)
0.02
Return on Equity (ROE)
0.11

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Progressive Corp.’s return on assets (ROA) stands at 0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Progressive Corp.’s return on equity (ROE) stands at 0.11.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-08-02
0.93
0.96
3.23%
2022-11-01
0.89
0.49
-44.94%
2022-05-02
1.15
1.12
-2.61%