Other

Statutory net income

Progressive Statutory net income remained flat by 0.0% to $2.66B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 38.8%, from $1.92B to $2.66B. Over 4 years (FY 2021 to FY 2025), Statutory net income shows an upward trend with a 46.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementIncome Statement
SectionOther
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ4 2025Mar 2, 2026

How to read this metric

Higher statutory income indicates stronger capital adequacy and regulatory compliance.

Detailed definition

Net income calculated according to statutory accounting principles (SAP) required by insurance regulators rather than GA...

Peer comparison

Required reporting for all regulated insurance entities to demonstrate financial health to state regulators.

Metric ID: other_statutory_accounting_practices_statutory_net_incom_e5ee22

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$2.28B$2.76B$3.50B$7.67B$10.64B
YoY Change+21.0%+26.7%+119.0%+38.8%
Range$2.28B$10.64B
CAGR+46.9%
Avg YoY Growth+51.4%
Median YoY Growth+32.7%
Current Streak4+ years growth

Statutory net income at Other Companies

Frequently Asked Questions

What is Progressive's statutory net income?
Progressive (PGR) reported statutory net income of $2.66B in Q4 2025.
How has Progressive's statutory net income changed year-over-year?
Progressive's statutory net income increased by 38.8% year-over-year, from $1.92B to $2.66B.
What is the long-term trend for Progressive's statutory net income?
Over 4 years (2021 to 2025), Progressive's statutory net income has grown at a 46.9% compound annual growth rate (CAGR), from $2.28B to $10.64B.
What does statutory net income mean?
Profitability measured by the specific accounting rules mandated by insurance regulators.