Progressive Corp. | Income Statement
Fiscal year is January-December. All values USD Millions.
2013
2014
2015
2016
2017
2018
Sales/Revenue
18,160
19,381
20,855
23,504
26,879
32,022
Unusual Expense
8
8
24
85
64
68
Pretax Income
1,720
1,907
1,912
1,471
2,139
3,164
Consolidated Net Income
1,165
1,281
1,301
1,057
1,598
2,621
Net Income
1,165
1,281
1,268
1,031
1,592
2,615
Net Income After Extraordinaries
1,165
1,281
1,268
1,031
1,592
2,615
Net Income Available to Common
1,165
1,281
1,268
1,031
1,592
2,594
EPS (Basic)
1.93
2.15
2.15
1.76
2.72
4.42
Basic Shares Outstanding
599
591
586
582
581
582
EPS (Diluted)
1.93
2.15
2.15
1.76
2.72
4.42
Diluted Shares Outstanding
604
595
589
585
586
587
Minority Interest Expense
-
-
33
26
6
6
Income Taxes
555
626
611
414
541
543
Losses, Claims & Reserves
12,472
13,306
14,342
16,880
18,808
21,721
Selling, General & Admin. Expenses & Other
3,839
4,044
4,441
4,928
5,715
6,904
Operating Income Before Interest Expense
1,849
2,031
2,072
1,696
2,356
3,397
Interest Expense, Net of Interest Capitalized
120
115
136
141
153
166
Operating Income After Interest Expense
1,728
1,915
1,936
1,556
2,203
3,232
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