The Progressive Corporation Net Income Per Employee
- The Progressive Corporation's annual net income per employee was $127.90 K in fiscal year 2024. The net income per employee increased $64.35 K from $63.56 K (in 2023) to $127.90 K (in 2024), representing a 101.24% year-over-year growth.
- The Highest net income per employee for The Progressive Corporation was $131.67 K in fiscal year 2020.
- The Lowest net income per employee was $13.09 K in fiscal year 2022.
- The Average net income per employee was $69.43 K.
- Net Income per Employee is the amount of profit that a business earns from one employee. Refer to our glossary for more details, examples, and formulas.
Over the past 10 years (2015-2024):
Learn more about The Progressive Corporation's Revenue by Segment and Revenue by Region.
Check out competitors to The Progressive Corporation in a side-by-side comparison.
Explore additional financial metrics for The Progressive Corporation.
Definition of Net Income per Employee :
| 2014 | 48337.798573639 |
|---|---|
| 2015 | 44352.694191742 |
| 2016 | 32502.127927871 |
| 2017 | 47308.057998574 |
| 2018 | 70028.918759707 |
| 2019 | 95506.482884703 |
| 2020 | 131666.89747496 |
| 2021 | 68385.714285714 |
| 2022 | 13094.373865699 |
| 2023 | 63557.003257329 |
| 2024 | 127903.46907994 |
2024
The Progressive Corporation's net income per employee was $127.90 K in fiscal year 2024.
2023
The Progressive Corporation's net income per employee was $63.56 K in fiscal year 2023.
2022
The Progressive Corporation's net income per employee was $13.09 K in fiscal year 2022.
2021
The Progressive Corporation's net income per employee was $68.39 K in fiscal year 2021.
2020
The Progressive Corporation's net income per employee was $131.67 K in fiscal year 2020.
2019
The Progressive Corporation's net income per employee was $95.51 K in fiscal year 2019.
2018
The Progressive Corporation's net income per employee was $70.03 K in fiscal year 2018.
2017
The Progressive Corporation's net income per employee was $47.31 K in fiscal year 2017.
2016
The Progressive Corporation's net income per employee was $32.50 K in fiscal year 2016.
2015
The Progressive Corporation's net income per employee was $44.35 K in fiscal year 2015.
| 2015 | -8.24 |
|---|---|
| 2016 | -26.72 |
| 2017 | 45.55 |
| 2018 | 48.03 |
| 2019 | 36.38 |
| 2020 | 37.86 |
| 2021 | -48.06 |
| 2022 | -80.85 |
| 2023 | 385.38 |
| 2024 | 101.24 |
2024
The Progressive Corporation's net income per employee
increased
101.24% during fiscal year 2024 compared to
2023.
It represents an increase of
$64.35 K from
$63.56 K (in
2023) to
$127.90 K (in
2024).
2023
The Progressive Corporation's net income per employee
increased
385.38% during fiscal year 2023 compared to
2022.
It represents an increase of
$50.46 K from
$13.09 K (in
2022) to
$63.56 K (in
2023).
2022
The Progressive Corporation's net income per employee
decreased
-80.85% during fiscal year 2022 compared to
2021.
It represents a decline of
-$55.29 K from
$68.39 K (in
2021) to
$13.09 K (in
2022).
2021
The Progressive Corporation's net income per employee
decreased
-48.06% during fiscal year 2021 compared to
2020.
It represents a decline of
-$63.28 K from
$131.67 K (in
2020) to
$68.39 K (in
2021).
2020
The Progressive Corporation's net income per employee
increased
37.86% during fiscal year 2020 compared to
2019.
It represents an increase of
$36.16 K from
$95.51 K (in
2019) to
$131.67 K (in
2020).
2019
The Progressive Corporation's net income per employee
increased
36.38% during fiscal year 2019 compared to
2018.
It represents an increase of
$25.48 K from
$70.03 K (in
2018) to
$95.51 K (in
2019).
2018
The Progressive Corporation's net income per employee
increased
48.03% during fiscal year 2018 compared to
2017.
It represents an increase of
$22.72 K from
$47.31 K (in
2017) to
$70.03 K (in
2018).
2017
The Progressive Corporation's net income per employee
increased
45.55% during fiscal year 2017 compared to
2016.
It represents an increase of
$14.81 K from
$32.50 K (in
2016) to
$47.31 K (in
2017).
2016
The Progressive Corporation's net income per employee
decreased
-26.72% during fiscal year 2016 compared to
2015.
It represents a decline of
-$11.85 K from
$44.35 K (in
2015) to
$32.50 K (in
2016).
2015
The Progressive Corporation's net income per employee
decreased
-8.24% during fiscal year 2015 compared to
-.
It represents a decline of
-$3.99 K from
$48.34 K (in
2014) to
$44.35 K (in
2015).
Summary Table
| Period | Net Income per Employee | Year-over-Year Change |
|---|---|---|
| 2024 | $127.90 K | +101.24% |
| 2023 | $63.56 K | +385.38% |
| 2022 | $13.09 K | -80.85% |
| 2021 | $68.39 K | -48.06% |
| 2020 | $131.67 K | +37.86% |
| 2019 | $95.51 K | +36.38% |
| 2018 | $70.03 K | +48.03% |
| 2017 | $47.31 K | +45.55% |
| 2016 | $32.50 K | -26.72% |
| 2015 | $44.35 K | -8.24% |
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