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Progressive vs Wells Fargo &: revenue, profit, margins and growth compared

Progressive brought in $87.7B of revenue in fiscal 2025, Wells Fargo & $83.7B in fiscal 2025. Revenue changed by +16.3% at Progressive and +1.7% at Wells Fargo & on the year before, so Progressive grew faster. Progressive kept 12.9% of its revenue as net profit, Wells Fargo & 25.5%.

Side by side, latest fiscal year

PGRWFC
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$87.7B$83.7B
Revenue growth+16.3%+1.7%
Net income$11.3B$21.3B
Net margin12.9%25.5%
Free cash flow$17.2Bn/a
Free cash flow margin19.6%n/a
Earnings per share (diluted)$19.23$6.26
Cash$138M$172.6B
Debt$0$174.7B
Price to earnings10.713.3
Market value$119.5B$250.9B
Dividend yield6.76%2.05%
Rank by revenue in sector#6 of 495 · Finance#8 of 495 · Finance

Over the years

Revenue
PGR FY2018: $32BPGR FY2019: $39BPGR FY2020: $42.7BPGR FY2021: $47.7BPGR FY2022: $49.6BPGR FY2023: $62.1BPGR FY2024: $75.4BPGR FY2025: $87.7BWFC FY2018: $86.4BWFC FY2019: $86.8BWFC FY2020: $74.3BWFC FY2021: $79.2BWFC FY2022: $74.4BWFC FY2023: $82.6BWFC FY2024: $82.3BWFC FY2025: $83.7BFY18FY19FY20FY21FY22FY23FY24FY25
PGR $87.7BWFC $83.7B
Net income
PGR FY2018: $2.6BPGR FY2019: $4BPGR FY2020: $5.7BPGR FY2021: $3.4BPGR FY2022: $722MPGR FY2023: $3.9BPGR FY2024: $8.5BPGR FY2025: $11.3BWFC FY2018: $22.4BWFC FY2019: $19.7BWFC FY2020: $3.4BWFC FY2021: $22.1BWFC FY2022: $13.7BWFC FY2023: $19.1BWFC FY2024: $19.7BWFC FY2025: $21.3BFY18FY19FY20FY21FY22FY23FY24FY25
PGR $11.3BWFC $21.3B
Net margin
PGR FY2018: 8.2%PGR FY2019: 10.2%PGR FY2020: 13.4%PGR FY2021: 7.0%PGR FY2022: 1.5%PGR FY2023: 6.3%PGR FY2024: 11.3%PGR FY2025: 12.9%WFC FY2018: 25.9%WFC FY2019: 22.7%WFC FY2020: 4.5%WFC FY2021: 27.9%WFC FY2022: 18.4%WFC FY2023: 23.2%WFC FY2024: 24.0%WFC FY2025: 25.5%FY18FY19FY20FY21FY22FY23FY24FY25
PGR 12.9%WFC 25.5%
Revenue growth
PGR FY2019: +22.0%PGR FY2020: +9.3%PGR FY2021: +11.8%PGR FY2022: +4.0%PGR FY2023: +25.2%PGR FY2024: +21.4%PGR FY2025: +16.3%WFC FY2019: +0.5%WFC FY2020: -14.5%WFC FY2021: +6.6%WFC FY2022: -6.1%WFC FY2023: +11.1%WFC FY2024: -0.4%WFC FY2025: +1.7%FY19FY20FY21FY22FY23FY24FY25
PGR +16.3%WFC +1.7%
Free cash flow
PGR FY2018: $6BPGR FY2019: $5.9BPGR FY2020: $6.7BPGR FY2021: $7.5BPGR FY2022: $6.6BPGR FY2023: $10.4BPGR FY2024: $14.8BPGR FY2025: $17.2BFY18FY19FY20FY21FY22FY23FY24FY25
PGR $17.2BWFC

Fiscal years as each company reports them; the two may end in different months.

Questions about Progressive and Wells Fargo &

Which is bigger by revenue, Progressive or Wells Fargo &?

Progressive is bigger by revenue: $87.7B in fiscal 2025, against $83.7B for Wells Fargo & in fiscal 2025.

Which keeps more of its revenue as profit, Progressive or Wells Fargo &?

Progressive had a net margin of 12.9% in fiscal 2025; Wells Fargo & had 25.5% in fiscal 2025.

Which grew revenue faster, Progressive or Wells Fargo &?

In their latest fiscal years revenue changed by +16.3% at Progressive and +1.7% at Wells Fargo &.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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