Companies: 10,795·Total market cap: $144.5T
The Progressive Corporation

The Progressive Corporation

PGRNYSEFinancial Services● Active
$201.38
$-2.65(-1.30%)
Market Cap$117.7B
P/E Ratio
52W High$283.95
52W Low$189.2
Overview

The Progressive Corporation (PGR) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

PGR · net income · updated Jun 8, 2026

Core profitability metrics

Net income was $11.31B for FY2025 (fiscal year ending 2025-12-31), up 33.3% year-over-year. Net profit margin was 12.9%. Based on available data, The Progressive Corporation has been profitable since at least 2011.

FY2025 Net Income$11.31B▲ +33.3% YoY
Trailing 12M (TTM)$11.56Btrailing 4 quarters sum
Net Profit Margin12.9%$11.31B ÷ $87.64B
YoY Change+33.3%
5-Year CAGR+14.7%FY2020 → FY2025
FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net IncomeNet LossNet Margin %★ First Profit: 2011

▸ FMP /income-statement · Annual · PGR net income history · PGR profit margin

Annual net income data

Fiscal YearNet IncomeYoY ChangeNet Margin
FY2025$11.31B▲ +33.3%12.9%
FY2024$8.48B▲ +117.3%11.3%
FY2023$3.90B▲ +440.6%6.3%
FY2022$722.0M▼ 78.5%1.5%
FY2021$3.35B▼ 41.3%7.0%

Net income vs peers (Financial Services)

#CompanyNet IncomeYoY
#1
The Progressive Corporation
The Progressive CorporationYOU
PGR
$11.31B+33.3%
#2
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-B
$66.97B-24.8%
#3
Berkshire Hathaway Inc.
Berkshire Hathaway Inc.
BRK-A
$66.97B-24.8%
#4
JPMorgan Chase & Co.
JPMorgan Chase & Co.
JPM
$57.05B-2.4%
#5
Visa Inc.
Visa Inc.
V
$20.06B+1.6%
#6
Mastercard Incorporated
Mastercard Incorporated
MA
$14.97B+16.3%
Financial Services · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

The Progressive Corporation (PGR) reported net income of $11.31B for FY2025 (fiscal year ending 2025-12-31), up 33.3% year-over-year. The net profit margin was 12.9% — meaning the company kept $0.13 of every dollar of revenue as profit.

Based on available data, The Progressive Corporation has been profitable since at least 2011. Net income reached a peak of $11.31B in FY2025. Data available for 15 fiscal years.

The Progressive Corporation's net profit margin was 12.9% for FY2025, based on the latest annual results.

Investors sometimes search for "The Progressive Corporation net worth" — the company's market capitalization is a separate figure from PGR net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Frequently asked questions

PGR net income · 5 questions

The Progressive Corporation is profitable. The company reported net income of $11.31B for FY2025, a net profit margin of 12.9%. Net income was up 33.3% year-over-year. Based on available data, The Progressive Corporation has been profitable since at least 2011.

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Source: FMP /income-statement · GAAP · The Progressive Corporation · The Progressive Corporation SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026