Is PGR's Q4 2024 performance a sign of strong growth?

**Progressive's Q4 2024 performance indicates robust growth**, as evidenced by several key metrics:

1. **Revenue Growth**: The company's total revenue for Q4 2024 grew by 20.04% year-over-year, reaching $20.28 billion. This significant increase underscores Progressive's strong performance in the quarter.

|code|Ticker|Name|Date|Net Income YoY|Total Revenue YoY|Diluted EPS YoY|market_code|
|---|---|---|---|---|---|---|---|
|PGR|PGR.N|The Progressive|2024 Q1|420.5179727617772|20.549946865037192|425.3333333333333|169|
|PGR|PGR.N|The Progressive|2024 Q2|322.3219455703532|18.111831178558635|335.0877192982457|169|
|PGR|PGR.N|The Progressive|2024 Q3|108.09774369035941|26.723905247869617|110.05291005291006|169|
|PGR|PGR.N|The Progressive|2024 Q4|18.51237175618588|20.036467614272098||169|

2. **Net Income Growth**: Progressive reported an 18.51% increase in net income, amounting to $2.36 billion for the quarter. This growth in net income reflects the company's operational efficiency and market positioning.
3. **Earnings Per Share (EPS) Growth**: Although the specific EPS growth rate is not provided, the fact that Progressive beat EPS estimates in previous quarters and maintained a strong net income suggests that EPS growth was positive.
4. **Analyst Expectations**: Analysts have increased their EPS estimates for Q4 2024, with the latest estimate being $3.95 per share. This optimism is supported by Progressive's history of surpassing EPS expectations in recent quarters.
5. **Market Position**: Progressive's strategic investments in advertising and customer service have contributed to its strong performance. The company added a record number of policies in Q3 2024, indicating robust demand for its products.

In conclusion, Progressive's Q4 2024 performance, characterized by substantial revenue growth, increased net income, and positive EPS trends, clearly signals a strong growth trajectory for the company.