Company / Net Income
Progressive Corporation Net Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$11.3B
FY2025
5-year range
$3.9B / $11.3B
FY2021-FY2025
Trend
+33.3%
vs FY2024
Sector context
#13 of 408
Financials
What the data says
Among 408 Financials companies, Progressive Corporation is in the top 3% for net income. Net Income has fluctuated over the past 10 years, ranging from $1.0B in FY2018 to $11.3B in FY2025.
Based on SEC 10-K filings.
$11.3B in FY2025 with a 5-year CAGR of +34.0%. Top quartile in the Financials sector.
Improved from $3.9B to $11.3B over the past 2 years.
Financials sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- +25.6%
- 5-Year CAGR
- +34.0%
- 10-Year CAGR
- -
Sector benchmark
Top 3% in FinancialsTop 3% of 408This company $11.3B Sector average $1.5B
▼
+630.8% above sector average
Key checks
Key Insights
- 5-year CAGR of +34.0%, indicating consistent growth.
- In FY2025, net income increased 33.3% year-over-year.
- Ranks #13 out of 408 companies in the Financials sector.
- Lowest net income in the period was in FY2018.
Company context
Key Data Points
- Altman Z-Score 1.04 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 30.2%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $11.3B | +33.3% |
| FY2024 | $8.5B | +117.3% |
| FY2023 | $3.9B | -31.6% |
| FY2022 | $5.7B | +43.7% |
| FY2021 | $4.0B | +51.8% |
| FY2020 | $2.6B | -34.1% |
| FY2019 | $4.0B | +285.1% |
| FY2018 | $1.0B | -18.7% |
| FY2017 | $1.3B | -1.0% |
| FY2016 | $1.3B | +9.9% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026