Progressive (LTS:0KOC) Total Payout Ratio : 0.05 (As of Apr. 29, 2024)

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What is Progressive Total Payout Ratio?

Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income.

Progressive's current Total Payout Ratio is 0.05.

Progressive Total Payout Ratio Historical Data

The historical data trend for Progressive's Total Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Progressive Total Payout Ratio Chart

Progressive Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Payout Ratio

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0.44

0.30

1.19

0.50

0.11

Progressive Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Payout Ratio	Get a 7-Day Free Trial															0.23	0.22	0.10	0.07	-

Competitive Comparison of Progressive's Total Payout Ratio

For the Insurance - Property & Casualty subindustry, Progressive's Total Payout Ratio, along with its competitors' market caps and Total Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Progressive's Total Payout Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Progressive's Total Payout Ratio distribution charts can be found below:

* The bar in red indicates where Progressive's Total Payout Ratio falls into.

Progressive Total Payout Ratio Calculation

Total Payout Ratio is a measurement showing the proportion of earnings a company pays shareholders in the form of dividends and net stock repurchases.

Progressive's Total Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (-140.7	+	0	+	-277.6)	/	3902.4
	=	0.11

Progressive's Total Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Total Payout Ratio	=	- (Repurchase of Stock	+	Issuance of Stock	+	Cash Flow for Dividends)	/	Net Income
	=	- (-60.9	+	0	+	-68.9)	/	1987.8
	=	0.07

Progressive Total Payout Ratio Related Terms

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Progressive (LTS:0KOC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Progressive Corp (LTS:0KOC) » Definitions » Total Payout Ratio

Comparable Companies

Traded in Other Exchanges

PGR:USA PGR:Mexico PGV:Germany P1GR34:Brazil

Address

6300 Wilson Mills Road, Mayfield Village, OH, USA, 44143

Website

https://www.progressive.com

Progressive underwrites private and commercial auto insurance and specialty lines; it has about 18 million personal auto policies in force and is one of the largest auto insurers in the United States. Progressive markets its policies through independent insurance agencies in the U.S. and Canada and directly via the internet and telephone. Its premiums are split roughly equally between the agent and the direct channel. The company also offers commercial auto policies and entered homeowners insurance through an acquisition in 2015.

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