• Progressive average return on equity for 2023 was 13.45, a 106.29% increase from 2022.
• Progressive average return on equity for 2022 was 6.52, a 75.91% increase from 2021.
• Progressive average return on equity for 2021 was 27.07, a 11.07% decline from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.