Progressive Return On Tangible Equity 2010-2024 | PGR

Progressive return on tangible equity for the quarter ending September 30, 2024 was 34.92.

  • Progressive average return on tangible equity for 2023 was 13.48, a 100.89% increase from 2022.
  • Progressive average return on tangible equity for 2022 was 6.71, a 76.06% increase from 2021.
  • Progressive average return on tangible equity for 2021 was 28.03, a 11.94% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.

Progressive Return On Tangible Equity 2010-2024 | PGR

  • Progressive average return on tangible equity for 2023 was 13.48, a 100.89% increase from 2022.
  • Progressive average return on tangible equity for 2022 was 6.71, a 76.06% increase from 2021.
  • Progressive average return on tangible equity for 2021 was 28.03, a 11.94% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.