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.
Higher statutory income indicates stronger capital adequacy and regulatory compliance.
Net income calculated according to statutory accounting principles (SAP) required by insurance regulators rather than GA...
Required reporting for all regulated insurance entities to demonstrate financial health to state regulators.
other_statutory_accounting_practices_statutory_net_incom_e5ee22| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $2.28B | $2.76B | $3.50B | $7.67B | $10.64B |
| YoY Change | — | +21.0% | +26.7% | +119.0% | +38.8% |