PROGRESSIVE CORP/OH/
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $87.7B | $75.4B | $62.1B | $49.6B | $47.7B |
| Pretax income | $14.2B | $10.7B | $4.9B | $922.0M | $4.2B |
| Income tax expense | $2.9B | $2.2B | $1.0B | $200.0M | $859.1M |
| Net income | $11.3B | $8.5B | $3.9B | $722.0M | $3.4B |
| Balance Sheet | |||||
| Total assets | $123.0B | $105.7B | $88.7B | $75.5B | $71.1B |
| Total liabilities | $92.7B | $80.2B | $68.4B | $59.6B | $52.9B |
| Total debt | $6.9B | $6.9B | $6.9B | $6.4B | $4.9B |
| Stockholders' equity | $30.3B | $25.6B | $20.3B | $15.9B | $18.2B |
| Cash Flow Statement | |||||
| Cash from operations | $17.5B | $15.1B | $10.6B | $6.8B | $7.8B |
| Depreciation and amortization | $313.0M | $284.0M | $285.0M | $306.0M | $279.7M |
| Stock-based compensation | $132.0M | $122.0M | $121.0M | — | — |
| Capital expenditure | $348.0M | $285.0M | $252.0M | $292.0M | $243.5M |
| Free cash flow | $17.2B | $14.8B | $10.4B | $6.6B | $7.5B |
| Dividends paid | $2.9B | $674.0M | $234.0M | $234.0M | $3.7B |
| Impairments | — | $0 | $0 | $225.0M | $0 |
Shares outstanding 584.3M · Free float 99.9%
Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.