The Progressive
$210.31Change from previous close: −0.31%Absolute change: −$0.65
At a glance
- Revenue growth
- +16.32%
- 2025 vs 2024
- Net income growth
- +33.35%
- 2025 vs 2024
- Net margin
- 12.9%
- 2024: 11.3%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 123,039 | 105,745 | 88,691 | 75,465 | — |
| Cash and equivalents | 125 | 143 | 85.0 | 204 | — |
| Short-term investments | 19,711 | 75,947 | 62,168 | 49,514 | — |
| Receivables | 19,445 | 19,134 | 17,052 | 16,249 | — |
| Net property, plant and equipment | 783 | 790 | 881 | 1,034 | — |
| Goodwill | — | — | — | 228 | 453 |
| Other intangible assets | — | — | — | 86.3 | 117 |
| Long-term investments | 97,373 | 80,250 | 65,999 | 53,548 | — |
| Accounts payable | — | — | — | 5,533 | 6,069 |
| Long-term debt | 6,897 | 6,893 | 6,889 | 6,388 | — |
| Total debt | 6,897 | 6,893 | 6,889 | 6,388 | — |
| Total liabilities | 92,716 | 80,154 | 68,414 | 59,574 | — |
| Total equity (incl. minority) | 30,323 | 25,591 | 20,277 | 15,891 | — |
| Retained earnings | 27,327 | 24,283 | 18,801 | 15,721 | — |