PGR has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
PGR has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Progressive's Tax Expense for the three months ended in Sep. 2024 was $611 Mil. Progressive's Pre-Tax Income for the three months ended in Sep. 2024 was $2,945 Mil. Therefore, Progressive's Tax Rate % for the quarter that ended in Sep. 2024 was 20.76%.
The historical data trend for Progressive's Tax Rate % 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.
Progressive Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Tax Rate % | Get a 7-Day Free Trial | 22.87 | 20.47 | 20.41 | 21.75 | 20.42 |
Progressive Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Tax Rate % | Get a 7-Day Free Trial | 20.49 | 20.60 | 20.70 | 21.59 | 20.76 |
Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.
Progressive's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as
Tax Rate % | = | Tax Expense (A: Dec. 2023 ) | / | Pre-Tax Income (A: Dec. 2023 ) |
= | 1001.3 | / | 4903.7 | |
= | 20.42 % |
Progressive's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as
Tax Rate % | = | Tax Expense (Q: Sep. 2024 ) | / | Pre-Tax Income (Q: Sep. 2024 ) |
= | 611.4 | / | 2944.8 | |
= | 20.76 % |
* 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.
Thank you for viewing the detailed overview of Progressive's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.
John P Sauerland | officer: Direct Group, President | PROGRESSIVE, 7580 NORTHCLIFF AVE. -- SUITE 1000, BROOKLYN OH 44144 |
Steven Broz | officer: Chief Information Officer | C/O THE PROGRESSIVE CORPORATION, 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143 |
Dyke Kahina Van | director | C/O THE PROGRESSIVE CORPORATION, 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143 |
Patrick K Callahan | officer: Personal Lines President | C/O THE PROGRESSIVE CORPORATION, 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143 |
Susan Patricia Griffith | officer: Chief Human Resource, Officer | 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143 |
John Jo Murphy | officer: Claims President | C/O THE PROGRESSIVE CORPORATION, 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143 |
Jonathan S. Bauer | officer: Chief Investment Officer | 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143 |
Andrew J Quigg | officer: Chief Strategy Officer | C/O THE PROGRESSIVE CORPORATION, 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143 |
Lori A Niederst | officer: CRM President | C/O THE PROGRESSIVE CORPORATION, 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143 |
Karen Bailo | officer: Commercial Lines President | 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143 |
Roger N Farah | director | POLO RALPH LAUREN CORP, 650 MADISON AVE, NEW YORK NY 10022 |
Philip Bleser | director | 8760 CLAY ROAD SUITE 100, HOUSTON TX 77494 |
Mariann Wojtkun Marshall | officer: Chief Accounting Officer | C/O THE PROGRESSIVE CORPORATION, 6300 WILSON MILLS RD., MAYFIELD VILLAGE OH 44143 |
Devin C Johnson | director | 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143 |
Daniel P Mascaro | officer: Vice Pres, Secretary and CLO | C/O THE PROGRESSIVE CORPORATION, 6300 WILSON MILLS ROAD, MAYFIELD VILLAGE OH 44143 |
From GuruFocus
By GuruFocus News • 10-15-2024
By GuruFocus News • 11-06-2024
By GuruFocus News • 10-23-2024
By PRNewswire • 09-09-2024
By GuruFocus Research • 08-20-2024
By GuruFocus News • 10-07-2024
By PRNewswire • 11-07-2024
By Marketwired • 10-15-2024
By Marketwired • 11-15-2024
By PRNewswire • 11-14-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.