Progressive Historical Balance Sheet

PGR Stock  USD 206.34  3.04  1.45%   
Trend analysis of Progressive Corp balance sheet accounts such as Retained Earnings of 19.7 B, Common Stock Shares Outstanding of 620.5 M, Liabilities And Stockholders Equity of 88.5 B or Non Current Liabilities Total of 36.2 B provides information on Progressive Corp's total assets, liabilities, and equity, which is the actual value of Progressive Corp to its prevalent stockholders. By breaking down trends over time using Progressive Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Oil Shock
 
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Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Progressive Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Progressive Corp is a good buy for the upcoming year.

Progressive Corp Inventory

(75.34 Billion)

  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Progressive Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Progressive Stock, please use our How to Invest in Progressive Corp guide.

About Progressive Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Progressive Corp at a specified time, usually calculated after every quarter, six months, or one year. Progressive Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Progressive Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Progressive currently owns. An asset can also be divided into two categories, current and non-current.

Progressive Corp Balance Sheet Chart

Progressive Corp Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Progressive Corp uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Progressive Corp's Non Current Liabilities Total is relatively stable compared to the past year. As of 05/22/2024, Other Stockholder Equity is likely to grow to about 2.1 B, while Non Currrent Assets Other are likely to drop (9.2 B).

Total Assets

Total assets refers to the total amount of Progressive Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Progressive Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most accounts from Progressive Corp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Progressive Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Progressive Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Progressive Stock, please use our How to Invest in Progressive Corp guide.At this time, Progressive Corp's Non Current Liabilities Total is relatively stable compared to the past year. As of 05/22/2024, Other Stockholder Equity is likely to grow to about 2.1 B, while Non Currrent Assets Other are likely to drop (9.2 B).
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total4.9B6.5B7.1B7.4B
Total Assets71.1B70.2B84.3B88.5B

Progressive Corp balance sheet Correlations

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Click cells to compare fundamentals

Progressive Corp Account Relationship Matchups

Progressive Corp balance sheet Accounts

201920202021202220232024 (projected)
Total Assets54.9B64.1B71.1B70.2B84.3B88.5B
Short Long Term Debt Total4.4B5.4B4.9B6.5B7.1B7.4B
Total Stockholder Equity13.7B17.0B18.2B15.9B20.3B21.3B
Net Debt4.2B5.3B4.7B6.3B7.0B7.3B
Retained Earnings10.7B13.4B15.3B15.7B18.8B19.7B
Common Stock Shares Outstanding586.7M587.2M587.6M587.1M587.5M620.5M
Liabilities And Stockholders Equity54.9B64.1B71.1B70.2B84.3B88.5B
Non Current Liabilities Total21.6B24.1B27.4B29.8B34.4B36.2B
Other Stockholder Equity1.6B1.7B1.8B1.9B2.0B2.1B
Total Liab41.2B47.1B52.9B54.3B64.0B67.3B
Property Plant And Equipment Net1.2B1.1B1.1B1.2B1.1B780.9M
Non Current Assets Total41.1B49.3B53.2B50.6B60.5B63.5B
Non Currrent Assets Other(70.3M)(86.9M)(65.1)(6.7B)(8.7B)(9.2B)
Other Assets(32.0B)(39.4B)(41.3B)1.00.90.95
Net Receivables10.9B12.2B14.4B16.2B17.1B17.9B
Total Current Assets45.8B54.2B59.2B19.7B23.9B25.0B
Cash226.2M76.5M187.1M220.9M99.6M92.9M
Cash And Short Term Investments35.1B42.1B45.0B9.0B62.3B65.4B
Short Term Investments34.9B42.0B44.8B8.7B11.4B10.2B
Accumulated Other Comprehensive Income341.7M931.7M40.7M(2.8B)(1.6B)(1.5B)
Common Stock584.6M585.2M584.4M584.9M585.3M446.3M
Other Current Liab(6.5B)(5.0B)(6.0B)19.0B29.6B31.1B
Total Current Liabilities16.3B19.6B21.2B24.5B29.6B15.1B
Common Stock Total Equity583.2M584.6M585.2M584.4M672.1M445.3M
Property Plant And Equipment Gross1.1B1.1B1.2B1.1B1.3B834.7M
Other Liab5.9M9.5B8.0B297.8M268.0M254.6M
Accounts Payable6.0B5.0B6.0B5.5B6.4B6.7B
Long Term Debt4.4B5.4B4.9B6.4B6.9B7.2B
Property Plant Equipment1.2B1.1B1.3B1.2B1.3B1.0B
Retained Earnings Total Equity8.4B10.7B13.4B15.3B17.6B18.5B
Inventory(9.9B)(19.5B)(16.4B)(25.2B)(79.3B)(75.3B)
Intangible Assets228.3M171.4M117.3M314.2M1.7B1.8B
Net Tangible Assets12.7B15.9B17.7B15.1B17.3B10.6B
Long Term Debt Total4.4B5.4B4.9B6.4B7.3B3.8B
Capital Surpluse1.6B1.7B1.8B1.9B2.2B1.5B
Long Term Investments39.4B47.7B51.5B53.5B66.0B69.3B
Non Current Liabilities Other26.1B30.5B34.0B41.9B48.2B50.6B
Other Current Assets9.7B19.4B16.3B19.7B23.9B25.0B

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When determining whether Progressive Corp is a strong investment it is important to analyze Progressive Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Progressive Corp's future performance. For an informed investment choice regarding Progressive Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Progressive Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Progressive Stock, please use our How to Invest in Progressive Corp guide.
Note that the Progressive Corp information on this page should be used as a complementary analysis to other Progressive Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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When running Progressive Corp's price analysis, check to measure Progressive Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progressive Corp is operating at the current time. Most of Progressive Corp's value examination focuses on studying past and present price action to predict the probability of Progressive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progressive Corp's price. Additionally, you may evaluate how the addition of Progressive Corp to your portfolios can decrease your overall portfolio volatility.
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Is Progressive Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Progressive Corp. If investors know Progressive will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Progressive Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
4.253
Dividend Share
1.15
Earnings Share
9.88
Revenue Per Share
111.143
Quarterly Revenue Growth
0.206
The market value of Progressive Corp is measured differently than its book value, which is the value of Progressive that is recorded on the company's balance sheet. Investors also form their own opinion of Progressive Corp's value that differs from its market value or its book value, called intrinsic value, which is Progressive Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Progressive Corp's market value can be influenced by many factors that don't directly affect Progressive Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Progressive Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Progressive Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Progressive Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.