Discontinued — last reported Q4 '23

Products & Services · Pre-Tax Income

Investments Member — Pre-Tax Income

Progressive Investments Member — Pre-Tax Income remained flat by 0.0% to $554.68M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 428.1%, from -$169.05M to $554.68M. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2021
Last reportedQ4 2023
Rolls up toPre-Tax Income

How to read this metric

Higher income reflects superior asset management and favorable market conditions, whereas lower income may signal investment losses or increased management costs.

Detailed definition

This metric measures the pre-tax profitability of the investment segment after accounting for all related investment exp...

Peer comparison

Similar to pre-tax investment income metrics used by major insurance peers to evaluate the contribution of investment operations to overall corporate earnings.

Metric ID: pgr_segment_investments_member_income_before_income_taxes

Historical Data

0 years
 
Value

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Frequently Asked Questions

What is Progressive's investments member — pre-tax income?
Progressive (PGR) reported investments member — pre-tax income of $554.68M in Q4 2023.
How has Progressive's investments member — pre-tax income changed year-over-year?
Progressive's investments member — pre-tax income increased by 428.1% year-over-year, from -$169.05M to $554.68M.
What does investments member — pre-tax income mean?
The pre-tax profit generated specifically by the company's investment activities.