The Progressive Corporation
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $138.0M | $154.0M | $100.0M | $221.0M | $202.0M | $76.5M | $227.4M | $75.0M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment | $783.0M | $790.0M | $881.0M | $1.03B | $1.14B | $1.11B | $1.21B | $1.13B |
| Goodwill | — | $228.0M | $228.0M | $227.9M | $452.7M | $452.7M | $452.7M | $452.7M |
| Intangible Assets (Excl. Goodwill) | — | — | — | $86.3M | $117.3M | $171.4M | $228.3M | $294.6M |
| Total Assets | $123.04B | $105.75B | $88.69B | $75.47B | $71.13B | $64.10B | $54.91B | $46.58B |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | — | — | — | — | — | — | — | — |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $92.72B | $80.15B | $68.41B | $59.57B | $52.90B | $47.06B | $41.01B | $35.54B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $27.33B | $24.28B | $18.80B | $15.72B | $15.34B | $13.35B | $10.68B | $8.39B |
| Total Stockholders' Equity | $30.32B | $25.59B | $20.28B | $15.89B | $18.23B | $17.04B | $13.67B | $10.82B |