Discontinued — last reported Q3 '23
Business Segments · Pre-Tax Income
Property — Pre-Tax Income
This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2020
Last reportedQ3 2023
Rolls up toPre-Tax Income
How to read this metric
Higher income indicates strong underwriting and operational performance, while losses indicate that the segment is currently a drag on overall corporate profitability.
Detailed definition
This is the total profit generated by the property segment after all operating expenses, claims, and losses are deducted...
Peer comparison
Standardized as Pre-tax Income or Segment Operating Income in financial reporting.
Metric ID:
pgr_segment_property_segment_income_before_income_taxesHistorical Data
12 periods
| Q2 '21 | Q2 '21 | Q3 '21 | Q3 '21 | Q2 '22 | Q2 '22 | Q3 '22 | Q3 '22 | Q2 '23 | Q2 '23 | Q3 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $0.00 | -$381.70M | -$381.70M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| QoQ Change | — | — | — | — | — | +0.0% | +100.0% | — | — | — | — | — |
| YoY Change | — | — | — | — | — | — | — | — | +100.0% | +100.0% | — | — |
Range-$381.70M – $0.00
Avg YoY Growth+100.0%
Median YoY Growth+100.0%
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Frequently Asked Questions
- What is Progressive's property — pre-tax income?
- Progressive (PGR) reported property — pre-tax income of $0.00 in Q3 2023.
- What does property — pre-tax income mean?
- The total profit of the property segment before accounting for income taxes.