TTM
$11.56B
YoY change
+33.3%
5Y CAGR
+14.7%
Peak year (2025)
$11.31B
Cumulative net income
$64.33B
Net Income history chart for Progressive (PGR) from 1985 to 2025
Latest: $11.31B
Net Income growth chart for Progressive (PGR) from 1985 to 2025
Latest: +33.3%
Net Income history table for Progressive (PGR) from 1985 to 2025
| 2025 | $11.31B | +33.3% | +$2.83B | ||
| 2024 | $8.48B | +117.3% | +$4.58B | ||
| 2023 | $3.90B | +440.6% | +$3.18B | ||
| 2022 | $722.00M | -78.5% | −$2.63B | ||
| 2021 | $3.35B | -41.3% | −$2.35B | ||
| 2020 | $5.70B | +43.7% | +$1.73B | ||
| 2019 | $3.97B | +51.8% | +$1.35B | ||
| 2018 | $2.62B | +64.3% | +$1.02B | ||
| 2017 | $1.59B | +54.4% | +$561.20M | ||
| 2016 | $1.03B | -18.7% | −$236.60M | ||
| 2015 | $1.27B | -1.0% | −$13.40M | ||
| 2014 | $1.28B | +9.9% | +$115.60M | ||
| 2013 | $1.17B | +29.2% | +$263.10M | ||
| 2012 | $902.30M | -11.1% | −$113.20M | ||
| 2011 | $1.02B | -4.9% | −$52.80M | ||
| 2010 | $1.07B | +1.0% | +$10.80M | ||
| 2009 | $1.06B | -1610.7% | +$1.13B | ||
| 2008 | −$70.00M | -105.9% | −$1.25B | ||
| 2007 | $1.18B | -28.2% | −$465.00M | ||
| 2006 | $1.65B | +18.2% | +$253.60M | ||
| 2005 | $1.39B | -15.5% | −$254.80M | ||
| 2004 | $1.65B | +31.3% | +$393.30M | ||
| 2003 | $1.26B | +88.1% | +$588.10M | ||
| 2002 | $667.30M | +62.2% | +$255.90M | ||
| 2001 | $411.40M | +792.4% | +$365.30M | ||
| 2000 | $46.10M | -84.4% | −$249.10M | ||
| 1999 | $295.20M | -35.4% | −$161.50M | ||
| 1998 | $456.70M | +14.2% | +$56.70M | ||
| 1997 | $400.00M | +27.5% | +$86.30M | ||
| 1996 | $313.70M | +25.2% | +$63.20M | ||
| 1995 | $250.50M | -8.7% | −$23.80M | ||
| 1994 | $274.30M | +2.6% | +$7.00M | ||
| 1993 | $267.30M | +73.8% | +$113.50M | ||
| 1992 | $153.80M | +367.5% | +$120.90M | ||
| 1991 | $32.90M | -64.8% | −$60.50M | ||
| 1990 | $93.40M | +19.7% | +$15.40M | ||
| 1989 | $78.00M | -27.8% | −$30.10M | ||
| 1988 | $108.10M | +18.4% | +$16.80M | ||
| 1987 | $91.30M | +65.1% | +$36.00M | ||
| 1986 | $55.30M | +116.9% | +$29.80M | ||
| 1985 | $25.50M | — | — |
- 2025$11.31B+33.3%
- 2024$8.48B+117.3%
- 2023$3.90B+440.6%
- 2022$722.00M-78.5%
- 2021$3.35B-41.3%
- 2020$5.70B+43.7%
- 2019$3.97B+51.8%
- 2018$2.62B+64.3%
- 2017$1.59B+54.4%
- 2016$1.03B-18.7%
- 2015$1.27B-1.0%
- 2014$1.28B+9.9%
- 2013$1.17B+29.2%
- 2012$902.30M-11.1%
- 2011$1.02B-4.9%
- 2010$1.07B+1.0%
- 2009$1.06B-1610.7%
- 2008−$70.00M-105.9%
- 2007$1.18B-28.2%
- 2006$1.65B+18.2%
- 2005$1.39B-15.5%
- 2004$1.65B+31.3%
- 2003$1.26B+88.1%
- 2002$667.30M+62.2%
- 2001$411.40M+792.4%
- 2000$46.10M-84.4%
- 1999$295.20M-35.4%
- 1998$456.70M+14.2%
- 1997$400.00M+27.5%
- 1996$313.70M+25.2%
- 1995$250.50M-8.7%
- 1994$274.30M+2.6%
- 1993$267.30M+73.8%
- 1992$153.80M+367.5%
- 1991$32.90M-64.8%
- 1990$93.40M+19.7%
- 1989$78.00M-27.8%
- 1988$108.10M+18.4%
- 1987$91.30M+65.1%
- 1986$55.30M+116.9%
- 1985$25.50M—
Net Income values are taken from Progressive's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Net Income at Progressive (PGR)
According to Progressive's latest reported financial statements, the company's current net income (TTM) is $11.56B. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Progressive (PGR) net income is $11.31B – surged 33.3% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Progressive net income compounded at +14.7% per year, sustaining 3 straight years of year-over-year growth.
The record annual net income stands at $11.31B, reached in 2025; the historical low of −$70.00M was recorded in 2008.
Progressive Net Income by Year
Progressive Net Income 2025: $11.31B
In 2025, Progressive reported net income of $11.31B, surged 33.3% from 2024. This figure represents the highest annual value in the available history.
Progressive Net Income 2024: $8.48B
Progressive net income in 2024 was $8.48B, surged 117.3% from 2023.
Progressive Net Income 2023: $3.90B
2023's net income for Progressive came in at $3.90B, surged 440.6% from 2022.
Progressive Net Income 2022: $722.00M
Progressive posted net income of $722.00M in 2022, plunged 78.5% below 2021.
Progressive Net Income 2021: $3.35B
Progressive net income in 2021 was $3.35B.
See more financial history for Progressive (PGR).
Sector peers by Net Income
Financial Services peers of Progressive (PGR), ranked by their latest net income
| $66.97B | |
| $57.05B | |
| $30.51B | |
| $21.34B | |
| $20.06B | |
| $17.18B | |
| $16.86B | |
| $14.97B |
- $66.97B
- $57.05B
- $30.51B
- $21.34B
- $20.06B
- $17.18B
- $16.86B
- $14.97B
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