Financial Services - Insurance - Property & Casualty - NYSE - US
$ 255.78
-0.668 %
$ 150 B
Market Cap
18.6
P/E
BALANCE SHEET
28.3 B
ASSETS
8.05 B
LIABILITIES
20.3 B
EQUITY
BALANCE SHEET DECOMPOSITION
Balance Sheet Decomposition
The Progressive Corporation
| Current Assets | 11.7 B |
| Cash & Short-Term Investments | 11.5 B |
| Receivables | 0 |
| Other Current Assets | 250 M |
| Non-Current Assets | 65.6 M |
| Long-Term Investments | 66 B |
| PP&E | 1.05 B |
| Other Non-Current Assets | -67 B |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 34.4 B |
| Long-Term Debt | 7.07 B |
| Other Non-Current Liabilities | 27.4 B |
Balance Sheet
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | Dec-2010 | Dec-2009 | Dec-2008 | Dec-2007 | Dec-2006 | Dec-2005 | Dec-2004 | Dec-2003 | Dec-2002 | Dec-2001 | Dec-2000 | Dec-1999 | Dec-1998 | Dec-1997 | Dec-1996 | Dec-1995 | Dec-1994 | Dec-1993 | Dec-1992 | Dec-1991 | Dec-1990 | Dec-1989 | Dec-1988 | Dec-1987 | Dec-1986 | Dec-1985 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 99.6 | 220.9 | 187.1 | 76.5 | 226.2 | 69.5 | 265.0 | 211.5 | 224.4 | 108.4 | 75.1 | 179.1 | 155.7 | 158.9 | 160.7 | 2.9 | 5.8 | 5.6 | 5.6 | 20.0 | 12.1 | 16.9 | 11.2 | 8.9 | 14.2 | 18.6 | 23.3 | 15.4 | 16.2 | 13.4 | 8.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short Term Investments | (54 642.5) | 8 733.3 | 44 815.7 | 42 029.4 | 34 909.1 | 29 907.4 | 23 071.1 | 19 816.7 | 17 504.2 | 15 698.2 | 14 813.0 | 13 764.1 | 1 551.8 | 1 090.8 | 1 078.0 | 1 153.6 | 382.4 | 581.2 | 773.6 | 1 376.9 | 648.0 | 567.8 | 227.4 | 186.8 | 229.0 | 441.9 | 409.4 | 159.7 | 302.8 | 279.1 | 230.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 929.8 | 0 | 2 454.8 | 2 408.6 | 2 395.1 | 2 498.2 | 2 500.7 | 2 287.2 | 2 350.9 | 1 958.5 | 1 698.6 | 1 804.7 | 2 015.5 | 1 737.2 | 1 478.3 | 1 130.8 | 988.0 | 922.1 | 761.5 | 312.0 | 323.3 | 261.0 | 235.1 | 0 | 0 | 0 | 0 |
| Inventory | 0 | (25 203.2) | (16 447.0) | (19 473.4) | (9 941.0) | 69.5 | 265.0 | 211.5 | 224.4 | 108.4 | 75.1 | 179.1 | 363.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 249.8 | 295.5 | 16 717.5 | 19 765.0 | 10 341.3 | 309.7 | 203.3 | 170.5 | 199.3 | 85.3 | 6 697.8 | 6 971.3 | 6 231.6 | 88.1 | 69.3 | 62.4 | 69.8 | 89.5 | 103.7 | 119.8 | 114.7 | 96.7 | 77.6 | 95.7 | 88.3 | 77.7 | 79.8 | 85.8 | 70.5 | 83.2 | 84.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 11 705.5 | 19 653.6 | 59 195.7 | 54 208.9 | 45 795.3 | 8 362.5 | 8 556.9 | 8 293.6 | 6 384.1 | 5 794.9 | 16 926.2 | 15 136.9 | 14 844.8 | 3 988.1 | 3 532.8 | 3 562.2 | 2 783.3 | 3 085.0 | 3 279.9 | 4 065.7 | 2 739.7 | 2 543.2 | 1 937.2 | 2 000.4 | 2 258.7 | 2 197.7 | 1 911.0 | 1 305.9 | 1 307.0 | 1 214.6 | 1 001.0 | 312.0 | 323.3 | 261.0 | 235.1 | 0 | 0 | 0 | 0 |
| PP&E | 1 053.3 | 1 164.5 | 1 137.3 | 1 106.0 | 1 213.7 | 1 131.7 | 1 119.6 | 1 177.1 | 1 037.2 | 960.6 | 960.9 | 933.7 | 911.3 | 932.6 | 961.3 | 997.1 | 1 000.4 | 973.4 | 758.7 | 666.5 | 584.7 | 503.1 | 498.0 | 504.5 | 447.7 | 376.2 | 260.4 | 169.9 | 159.2 | 143.3 | 106.7 | 63.5 | 75.3 | 0 | 48.5 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 314.2 | 117.3 | 171.4 | 228.3 | 294.6 | 366.6 | 432.8 | 494.9 | 468.5 | 447.6 | 434.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 227.9 | 227.9 | 452.7 | 452.7 | 452.7 | 452.7 | 452.7 | 449.4 | 447.6 | 1.6 | (516.7) | (482.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long Term Investments | 65 998.6 | 53 548.3 | 51 514.1 | 47 530.3 | 39 254.3 | 33 567.4 | 27 274.7 | 23 482.6 | 20 937.3 | 19 018.0 | 18 054.7 | 16 475.5 | 15 963.0 | 15 523.4 | 14 713.4 | 12 978.1 | 14 165.1 | 14 689.2 | 14 274.7 | 13 082.0 | 12 532.3 | 10 284.3 | 8 226.3 | 6 983.3 | 6 427.7 | 5 674.3 | 5 270.4 | 4 450.6 | 3 768.0 | 3 180.0 | 2 786.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Long Term Assets | (69 128.9) | (6 702.6) | 65.1 | (86.9) | (70.3) | 2 697.9 | 863.6 | (505.1) | 427.6 | 14.1 | (11 533.6) | (9 851.4) | (9 874.3) | 706.2 | (15 674.7) | (13 975.2) | (15 165.5) | (15 662.6) | (15 033.4) | (13 748.5) | (13 117.0) | (10 787.4) | (8 724.3) | (7 487.8) | (6 875.4) | (6 050.5) | (5 530.8) | (4 620.5) | (3 927.2) | (3 323.3) | (2 893.1) | (63.5) | (75.3) | 0 | (48.5) | 0 | 0 | 0 | 0 |
| Other Assets | 16 552.9 | 1 | (41 284.8) | (39 371.0) | (32 049.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 638.3 | 713.1 | 894.3 | 734.5 | 585.3 | (629.9) | 424.8 | 233.8 | 460.9 | 563.4 | 570.6 | 214.9 | 117.8 | 257.5 | 118.3 | 137.2 | 117.2 | 2 629.6 | 2 580.5 | 0 | 2 363.2 | 0 | 0 | 0 | 0 |
| Total Assets | 28 324.0 | 70 233.9 | 71 132.3 | 64 098.3 | 54 895.3 | 46 575.0 | 38 701.2 | 33 427.5 | 29 819.3 | 25 787.6 | 24 408.2 | 22 694.7 | 21 844.8 | 21 150.3 | 19 845.8 | 18 250.5 | 18 843.1 | 19 482.1 | 18 898.6 | 17 184.3 | 16 281.5 | 13 564.4 | 11 122.4 | 10 051.6 | 9 704.7 | 8 463.1 | 7 559.6 | 6 183.9 | 5 352.5 | 4 675.1 | 4 011.3 | 3 005.1 | 2 979.1 | 1 086.2 | 2 646.8 | 2 307.1 | 1 785.7 | 1 266.2 | 810.8 |
| LIABILITIES | |||||||||||||||||||||||||||||||||||||||
| Accounts Payable | 0 | 5 532.8 | 6 069.1 | 2 531.0 | 1 151.4 | 5 046.5 | 23.8 | 354.2 | 494.1 | 354.7 | 1 785.0 | 154.1 | 1 770.8 | 0 | 0 | 0 | 0 | 0 | 1 510.8 | 1 325.0 | 1 290.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short Term Debt | 0 | 0 | 0 | 0 | 499.4 | 0 | 0 | 0 | 0 | 0 | 0 | 149.9 | 499.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | (311.8) | (5 543.7) | (6 069.1) | (21 798.9) | (1 874.8) | (5 063.3) | 14 595.1 | 12 007.0 | (494.1) | (354.7) | (1 785.0) | (304.0) | (2 322.6) | (48.7) | (36.5) | 67.6 | 46 | 7.5 | (1 510.8) | (1 351.0) | (1 351.5) | 75.6 | 45.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 0 | 24 538.1 | 21 242.1 | 19 604.4 | 16 325.9 | 31 348.3 | 11 517.4 | 9 944.8 | 19 822.0 | 16 694.3 | 16 358.0 | 14 625.0 | 52.1 | 48.7 | 36.5 | 67.6 | 46 | 7.5 | 26.5 | 90 | 61.4 | 75.6 | 45.9 | 6 433.0 | 5 903.0 | 5 129.0 | 4 648.0 | 3 731.0 | 3 201.0 | 2 847.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long Term Debt | 7 065.8 | 6 525.5 | 4 898.8 | 5 396.1 | 4 407.1 | 4 404.9 | 3 306.3 | 3 148.2 | 2 707.9 | 2 164.7 | 1 860.9 | 1 913.1 | 1 942.4 | 1 958.2 | 2 177.2 | 2 175.5 | 2 173.9 | 1 185.5 | 1 284.9 | 1 284.3 | 1 489.8 | 1 489.0 | 1 095.7 | 748.8 | 1 048.6 | 776.6 | 775.9 | 775.7 | 675.9 | 675.6 | 477.1 | 568.5 | 644.0 | 640.8 | 645.9 | 479.2 | 216.9 | 100.8 | 158.7 |
| Deferred Tax Income | 0 | 896.5 | 152.9 | 310.0 | 132.5 | 769.9 | 135.0 | 111.3 | 109.3 | 98.9 | 28.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 27 375.8 | 23 279.3 | 21 168.8 | 18 718.3 | 17 063.5 | 16 176.4 | 11 477.3 | 10 634.8 | 9 370.3 | 7 908.6 | 7 676.2 | 7 448.0 | (1 942.4) | (1 958.2) | 188.7 | (2 175.5) | (2 173.9) | (1 185.5) | (1 284.9) | (1 284.3) | (1 489.8) | (1 489.0) | (1 095.7) | (748.8) | (1 048.6) | (776.6) | (775.9) | (775.7) | (675.9) | (675.6) | (477.1) | (568.5) | (644.0) | (640.8) | (645.9) | (479.2) | (216.9) | (100.8) | (158.7) |
| Total Liabilities | 8 046.9 | 54 342.9 | 52 900.7 | 47 059.7 | 41 222.1 | 35 753.2 | 29 416.4 | 25 470.4 | 22 529.9 | 18 859.0 | 18 218.7 | 16 687.7 | 16 038.1 | 15 101.4 | 14 097.2 | 14 035.2 | 13 907.6 | 12 635.5 | 12 791.1 | 12 028.9 | 11 250.9 | 9 796.4 | 7 871.7 | 7 181.8 | 6 951.9 | 5 906.0 | 5 423.7 | 4 507.0 | 3 876.7 | 3 523.2 | 477.1 | 568.5 | 644.0 | 640.8 | 645.9 | 479.2 | 216.9 | 100.8 | 158.7 |
| EQUITY | |||||||||||||||||||||||||||||||||||||||
| Common Stock | 585.3 | 584.9 | 584.4 | 585.2 | 584.6 | 583.2 | 581.7 | 579.9 | 583.6 | 587.8 | 595.8 | 604.6 | 613.0 | 662.4 | 672.6 | 676.5 | 680.2 | 748.0 | 197.3 | 200.4 | 216.4 | 218.0 | 73.4 | 73.5 | 73.1 | 72.5 | 72.3 | 71.5 | 72.1 | 71.2 | 72.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 18 800.5 | 15 721.2 | 15 339.7 | 13 354.9 | 10 679.6 | 8 386.6 | 6 031.7 | 5 140.4 | 4 686.6 | 4 133.4 | 3 500.0 | 3 454.4 | 3 495.0 | 3 595.7 | 3 683.1 | 2 697.8 | 2 927.7 | 4 646.9 | 4 726.0 | 3 812.9 | 3 729.8 | 2 796.0 | 2 497.4 | 2 220.4 | 2 210.5 | 1 932.6 | 1 528.5 | 1 149.6 | 894.2 | 668.5 | 446.8 | 207.3 | 208.8 | 287.2 | 0 | 263.3 | 226.4 | 139.5 | 90.3 |
| Other Accumulative Comprehensive Income/Loss | (1 615.7) | (2 802.0) | 40.7 | 931.7 | 341.7 | (120.9) | 1 282.2 | 933.4 | 800.4 | 1 023.1 | 951.7 | 871.0 | 692.5 | 783.7 | 453.2 | (51.9) | 492.8 | 604.3 | 398.7 | 444.8 | 425.0 | 169.3 | 125.9 | 64.7 | (12.4) | 103.7 | 122.3 | 74.0 | 51.1 | (30.7) | 33.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Equity | 20 277.1 | 15 891.0 | 18 231.6 | 17 038.6 | 13 898.8 | 11 036.3 | 9 788.5 | 8 440.8 | 7 754.3 | 6 928.6 | 6 189.5 | 6 007.0 | 5 806.7 | 6 048.9 | 5 748.6 | 4 215.3 | 4 935.5 | 6 846.6 | 6 107.5 | 5 155.4 | 5 030.6 | 3 768.0 | 3 250.7 | 2 869.8 | 2 752.8 | 2 557.1 | 2 135.9 | 1 676.9 | 1 475.8 | 1 151.9 | 997.9 | 629.0 | 465.7 | 408.5 | 435.2 | 417.2 | 395.0 | 311.4 | 118.4 |
| Total Liabilities and Equity | 28 324.0 | 70 233.9 | 71 132.3 | 64 098.3 | 54 895.3 | 46 575.0 | 38 701.2 | 33 427.5 | 29 819.3 | 25 787.6 | 24 408.2 | 22 694.7 | 21 844.8 | 21 150.3 | 19 845.8 | 18 250.5 | 18 843.1 | 19 482.1 | 18 898.6 | 17 184.3 | 16 281.5 | 13 564.4 | 11 122.4 | 10 051.6 | 9 704.7 | 8 463.1 | 7 559.6 | 6 183.9 | 5 352.5 | 4 675.1 | 4 011.3 | 3 005.1 | 2 979.1 | 1 086.2 | 2 646.8 | 2 307.1 | 1 785.7 | 1 266.2 | 810.8 |
| SHARES OUTSTANDING | |||||||||||||||||||||||||||||||||||||||
| Common Shares Outstanding | 584.9 | 584.4 | 584.5 | 584.9 | 583.8 | 582.4 | 580.8 | 581.7 | 585.5 | 590.6 | 599.1 | 603.3 | 632.3 | 657.9 | 666.8 | 668.0 | 710.4 | 774.3 | 787.7 | 851.6 | 867.2 | 876.0 | 884.0 | 878.4 | 874.8 | 870.0 | 864.0 | 909.3 | 922.1 | 916.9 | 893.5 | 796.3 | 963.9 | 876.5 | 720.7 | 1 006.6 | 1 044.5 | 1 006.5 | 806.1 |