The Progressive
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of The Progressive generated cash of $10,643,300,000, which is more than the previous year. Cash used in financing activities reached the amount of $78,000,000 last year. Net change in cash is therefore -$121,300,000.
Cash Flow
| 2014 | 1.72B | -836.9M | -855.4M |
|---|---|---|---|
| 2015 | 2.29B | -1.92B | -252.8M |
| 2016 | 2.73B | -2.48B | -250.4M |
| 2017 | 3.75B | -3.40B | -300.9M |
| 2018 | 6.28B | -7.03B | 549.8M |
| 2019 | 6.26B | -4.33B | -1.77B |
| 2020 | 6.90B | -6.11B | -938.8M |
| 2021 | 7.76B | -3.11B | -4.51B |
| 2022 | 6.84B | -7.95B | 1.12B |
| 2023 | 10.64B | -10.84B | 78M |
0KOC.L Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 220.9M | 202.1M | 76.5M | 227.4M | 75M | 275.3M | 226.4M | 224.4M | 108.4M | 75.1M |
Operating activities | ||||||||||
Net income | 3.90B | 721.5M | 3.35B | 5.70B | 3.97B | 2.61B | 1.59B | 1.03B | 1.26B | 1.28B |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 299.7M | 336.6M | 337.4M | 331.8M | 306.1M | 262.39M | 236.1M | 199.5M | 150.5M | 97.1M |
Stock-based compensation expense | 121.3M | 122.7M | 100.7M | 89.4M | 90.2M | 77.2M | 95.4M | 85.2M | 66.2M | 51.4M |
| Deferred income tax benefit | 121.3M | 122.7M | 100.7M | 89.4M | 90.2M | 77.2M | 95.4M | 85.2M | 66.2M | 51.4M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -1.54B | -1.01B | -1.14B | -652.8M | -1.01B | -1.07B | -913.2M | -518.5M | -421.1M | -227.1M |
Inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash generated by operating activities | 10.64B | 6.84B | 7.76B | 6.90B | 6.26B | 6.28B | 3.75B | 2.73B | 2.29B | 1.72B |
Investing activities | ||||||||||
Purchases Of Investments | -25.86B | -28.53B | -34.01B | -36.38B | -29.14B | 0 | -14.84B | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -252M | -292M | -243.5M | -223.5M | -363.5M | -266M | -155.7M | -215M | -130.69M | -108.1M |
Acquisitions Net | 0 | 35.1M | -247M | 21.9M | 53.3M | 0 | -2.8M | 0 | -765.3M | 0 |
Cash generated by investing activities | -10.84B | -7.95B | -3.11B | -6.11B | -4.33B | -7.03B | -3.40B | -2.48B | -1.92B | -836.9M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 743M | 7.3M | 1.6M | 116.1M | 500K | 236.2M | 248.2M | 320.3M |
Payments for dividends | -277.6M | -260.8M | -3.77B | -1.57B | -1.67B | -668.4M | -395.4M | -519M | -403.6M | -296.3M |
Repurchases of common stock | -140.7M | -99M | -223M | -354.6M | -95.6M | -79M | -62.5M | -192.5M | -208.5M | -271.4M |
Repayments of term debt | 496.3M | 1.48B | -520M | -986.3M | 0 | -37.1M | 156.5M | -43.7M | 342.3M | -48.9M |
Cash used in financing activities | 78M | 1.12B | -4.51B | -938.8M | -1.77B | 549.8M | -300.9M | -250.4M | -252.8M | -855.4M |
Net Change In Cash | -121.3M | 18.8M | 125.6M | -150.9M | 152.4M | -200.3M | 48.9M | 2M | 116M | 33.3M |
Cash at end of period | 99.6M | 220.9M | 202.1M | 76.5M | 227.4M | 75M | 275.3M | 226.4M | 224.4M | 108.4M |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |