Progressive 2003 Annual Report Download - page 50

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- APP.-B-50 -
Net Income Stock Price1
Operating Per Rate of Dividends
Quarter Revenues2Share3Total High Low Close Return4Per Share
2003
1$2,607.1$1.32$291.5 $ 60.41 $ 46.25 $ 59.31 $ .025
22,785.41.29286.376.38 59.6 6 73.10 .025
32,938.61.45319.875.81 64.25 69.11 .025
43,051.7 1.63 357.8 84.68 69.11 83.59 .025
$11,382.8 $ 5.69 $1,255.4 $ 84.68 $ 46.25$ 83.59 68.7% $ .100
2002
1$1,975.3$.78$176.2$ 55.80$ 46.75$ 55.54 $ .023
22,144.8.71160.4 60.49 54.64 57.85 .023
32,325.7.80178.557.77 4 4.75 50.63 .025
42,472.0.69152.2 58.30 48.7949.63 .025
$8,917.8 $ 2.99 $ 667.3 $ 60.49 $ 44.75 $ 49.63 (.1)% $ .096
2001
1$1,678.8$.39$86.6$ 34.49$ 27.38$ 32.35 $ .023
21,761.7.46103.745.5931.2045.06.023
31,839.7.4396.445.32 38.20 44.63 .023
41,906.3 .56 124.7 50.6043.6249.77 .023
$7,186.5 $ 1.83 $ 411.4 $ 50.60 $ 27.38 $ 49.77 44.1% $ .093
All per share amounts and stock prices were adjusted for the April 22, 2002, 3-for-1stock split.
1Prices as reported on the consolidated transaction reporting system.The Company’s Common Shares are listed on the New York Stock Exchange.
2Represents premiums earned plus service revenues.
3Presented on a diluted basis.The sum may not equal the total because the average equivalent shares differ in the periods.
4Represents annual rate of return,including quarterly dividend reinvestment.
(millions — except per share amounts)
THE PROGRESSIVE CORPORATION AND SUBSIDIARIES
QUARTERLY FINANCIAL AND COMMON SHARE DATA
(unaudited — not covered by report of independent auditors)