The Progressive
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. The Progressive's past years’ income statements indicate that its last revenue has increased compared to the previous period by 25% to $62,082,300,000. The net income raised on $3,902,400,000 and profit margin reached 6%.

Profit Margin

The Progressive Corporation (LSE:0KOC.L): Profit margin
2014 19.37B 1.28B 6.61%
2015 20.83B 1.26B 6.08%
2016 23.41B 1.03B 4.4%
2017 26.81B 1.59B 5.94%
2018 31.95B 2.59B 8.12%
2019 38.99B 3.97B 10.18%
2020 42.63B 5.70B 13.38%
2021 47.67B 3.35B 7.03%
2022 49.58B 721.5M 1.46%
2023 62.08B 3.90B 6.29%

0KOC.L Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
62.08B49.58B47.67B42.63B38.99B31.95B26.81B23.41B20.83B19.37B
Cost of revenue
000000-1.2M000
Gross profit
62.08B49.58B47.67B42.63B38.99B31.95B26.81B23.41B20.83B19.37B
Operating exp.
Research and development
0000000000
Selling and marketing
0000000000
Total operating expenses
010.07B9.62B9.04B8.17B28.62B5.71B21.80B18.78B17.35B
Operating income
62.08B1.39B4.42B7.39B5.35B3.33B2.29B1.61B2.04B2.02B
Other income (expenses), net
-57.17B922.1M4.21B-217M5.16B-166.5M-24.67B-139.3M-136.5M-117M
Income before tax
4.90B922.1M4.21B7.17B5.16B3.16B2.13B1.47B1.91B1.90B
Income tax expense
1.00B200.6M859.1M1.46B1.18B542.6M540.8M413.5M611.1M626.4M
Net income
3.90B721.5M3.35B5.70B3.97B2.59B1.59B1.03B1.26B1.28B
Earnings per share
Basic EPS
6.611.235.739.716.84.422.741.762.152.15
Diluted EPS
6.581.235.719.666.764.422.721.762.152.15
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