Discontinued — last reported Q3 '24

Products & Services · Revenue

Investments — Revenue

Progressive Investments — Revenue remained flat by 0.0% to $1.03B in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 184.3%, from $361.20M to $1.03B. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ3 2024
Rolls up toTotal Revenue

How to read this metric

An increase indicates higher returns on invested capital or larger asset bases, while a decrease may suggest lower market yields or reduced investment activity.

Detailed definition

This metric represents the total gross revenue generated by the company's investment portfolio, including interest incom...

Peer comparison

Comparable to net investment income reported by other property and casualty insurers, though specific accounting treatments for realized gains may vary by peer.

Metric ID: pgr_segment_investments_revenues

Historical Data

12 periods
 Q1 '23Q1 '23Q2 '23Q2 '23Q3 '23Q3 '23Q1 '24Q1 '24Q2 '24Q2 '24Q3 '24Q3 '24
Value$491.40M$491.40M$581.40M$581.40M$361.20M$361.20M$773.20M$773.20M$558.70M$558.70M$1.03B$1.03B
QoQ Change+0.0%+18.3%+0.0%-37.9%+0.0%+114.1%+0.0%-27.7%+0.0%+83.8%+0.0%
YoY Change+57.3%+57.3%-3.9%-3.9%+184.3%+184.3%
Range$361.20M$1.03B
CAGR+30.7%
Avg YoY Growth+79.2%
Median YoY Growth+57.3%
Current Streak3 quarters growth

Frequently Asked Questions

What is Progressive's investments — revenue?
Progressive (PGR) reported investments — revenue of $1.03B in Q3 2024.
How has Progressive's investments — revenue changed year-over-year?
Progressive's investments — revenue increased by 184.3% year-over-year, from $361.20M to $1.03B.
What does investments — revenue mean?
The total gross income earned from the company's investment portfolio assets.