TTM
$14.55B
YoY change
+32.8%
5Y CAGR
+14.7%
Peak year (2025)
$14.22B
Cumulative operating income
$91.06B
Operating Income history chart for Progressive (PGR) from 1985 to 2025
Latest: $14.22B
Operating Income growth chart for Progressive (PGR) from 1985 to 2025
Latest: +32.8%
Operating Income history table for Progressive (PGR) from 1985 to 2025
| 2025 | $14.22B | +32.8% | +$3.51B | ||
| 2024 | $10.71B | +118.5% | +$5.81B | ||
| 2023 | $4.90B | +431.9% | +$3.98B | ||
| 2022 | $922.00M | -78.1% | −$3.29B | ||
| 2021 | $4.21B | -41.3% | −$2.96B | ||
| 2020 | $7.17B | +39.0% | +$2.01B | ||
| 2019 | $5.16B | +63.1% | +$2.00B | ||
| 2018 | $3.16B | +47.9% | +$1.02B | ||
| 2017 | $2.14B | +45.4% | +$668.20M | ||
| 2016 | $1.47B | -23.1% | −$440.90M | ||
| 2015 | $1.91B | +0.2% | +$4.20M | ||
| 2014 | $1.91B | +10.9% | +$187.40M | ||
| 2013 | $1.72B | +30.5% | +$402.30M | ||
| 2012 | $1.32B | -11.4% | −$169.30M | ||
| 2011 | $1.49B | -5.0% | −$78.20M | ||
| 2010 | $1.57B | +0.5% | +$8.30M | ||
| 2009 | $1.56B | -800.4% | +$1.78B | ||
| 2008 | −$222.30M | -113.1% | −$1.92B | ||
| 2007 | $1.69B | -30.4% | −$740.20M | ||
| 2006 | $2.43B | +18.2% | +$374.30M | ||
| 2005 | $2.06B | -16.0% | −$391.90M | ||
| 2004 | $2.45B | +31.8% | +$591.10M | ||
| 2003 | $1.86B | +89.5% | +$878.30M | ||
| 2002 | $981.40M | +67.0% | +$393.80M | ||
| 2001 | $587.60M | +1747.8% | +$555.80M | ||
| 2000 | $31.80M | -92.3% | −$380.40M | ||
| 1999 | $412.20M | -37.6% | −$248.90M | ||
| 1998 | $661.10M | +14.3% | +$82.60M | ||
| 1997 | $578.50M | +31.0% | +$136.80M | ||
| 1996 | $441.70M | +27.7% | +$95.80M | ||
| 1995 | $345.90M | -8.9% | −$33.90M | ||
| 1994 | $379.80M | +1.8% | +$6.70M | ||
| 1993 | $373.10M | -70.1% | −$875.70M | ||
| 1992 | $1.25B | +28.8% | +$279.30M | ||
| 1991 | $969.50M | +998.0% | +$881.20M | ||
| 1990 | $88.30M | -91.6% | −$958.40M | ||
| 1989 | $1.05B | -21.2% | −$282.00M | ||
| 1988 | $1.33B | +34.3% | +$339.60M | ||
| 1987 | $989.10M | +36.3% | +$263.30M | ||
| 1986 | $725.80M | +50.6% | +$243.80M | ||
| 1985 | $482.00M | — | — |
- 2025$14.22B+32.8%
- 2024$10.71B+118.5%
- 2023$4.90B+431.9%
- 2022$922.00M-78.1%
- 2021$4.21B-41.3%
- 2020$7.17B+39.0%
- 2019$5.16B+63.1%
- 2018$3.16B+47.9%
- 2017$2.14B+45.4%
- 2016$1.47B-23.1%
- 2015$1.91B+0.2%
- 2014$1.91B+10.9%
- 2013$1.72B+30.5%
- 2012$1.32B-11.4%
- 2011$1.49B-5.0%
- 2010$1.57B+0.5%
- 2009$1.56B-800.4%
- 2008−$222.30M-113.1%
- 2007$1.69B-30.4%
- 2006$2.43B+18.2%
- 2005$2.06B-16.0%
- 2004$2.45B+31.8%
- 2003$1.86B+89.5%
- 2002$981.40M+67.0%
- 2001$587.60M+1747.8%
- 2000$31.80M-92.3%
- 1999$412.20M-37.6%
- 1998$661.10M+14.3%
- 1997$578.50M+31.0%
- 1996$441.70M+27.7%
- 1995$345.90M-8.9%
- 1994$379.80M+1.8%
- 1993$373.10M-70.1%
- 1992$1.25B+28.8%
- 1991$969.50M+998.0%
- 1990$88.30M-91.6%
- 1989$1.05B-21.2%
- 1988$1.33B+34.3%
- 1987$989.10M+36.3%
- 1986$725.80M+50.6%
- 1985$482.00M—
Operating 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 Operating Income at Progressive (PGR)
According to Progressive's latest reported financial statements, the company's current operating income (TTM) is $14.55B. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Progressive (PGR) reported operating income of $14.22B – surged 32.8% year-over-year.
Through 2020–2025 (5 years), Progressive operating income delivered a +14.7% annualised rate; sustaining 3 straight years of year-over-year growth.
2025 marks the peak operating income at $14.22B, with the historical low of −$222.30M recorded in 2008.
Progressive Operating Income by Year
Progressive Operating Income 2025: $14.22B
In 2025, Progressive reported operating income of $14.22B, surged 32.8% from 2024. This figure represents the highest annual value in the available history.
Progressive Operating Income 2024: $10.71B
Progressive operating income in 2024 was $10.71B, surged 118.5% from 2023.
Progressive Operating Income 2023: $4.90B
2023's operating income for Progressive came in at $4.90B, surged 431.9% from 2022.
Progressive Operating Income 2022: $922.00M
Progressive posted operating income of $922.00M in 2022, plunged 78.1% below 2021.
Progressive Operating Income 2021: $4.21B
Progressive operating income in 2021 was $4.21B.
See more financial history for Progressive (PGR).
Sector peers by Operating Income
Financial Services peers of Progressive (PGR), ranked by their latest operating income
| $72.59B | |
| $58.88B | |
| $37.70B | |
| $25.20B | |
| $23.99B | |
| $21.95B | |
| $21.85B | |
| $19.40B |
- $72.59B
- $58.88B
- $37.70B
- $25.20B
- $23.99B
- $21.95B
- $21.85B
- $19.40B
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