PROGRESSIVE CORP/OH/ Annual Amortization of Intangible Assets in USD from 2013 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
Progressive Corp/Oh/ quarterly/annual Amortization of Intangible Assets history and growth rate from 2013 to 2023.
  • Progressive Corp/Oh/ Amortization of Intangible Assets for the quarter ending December 31, 2023 was $2.8M, a 49.1% decline year-over-year.
  • Progressive Corp/Oh/ Amortization of Intangible Assets for the twelve months ending December 31, 2023 was $14.2M, a 54.2% decline year-over-year.
  • Progressive Corp/Oh/ annual Amortization of Intangible Assets for 2023 was $14.2M, a 54.2% decline from 2022.
  • Progressive Corp/Oh/ annual Amortization of Intangible Assets for 2022 was $31M, a 46.3% decline from 2021.
  • Progressive Corp/Oh/ annual Amortization of Intangible Assets for 2021 was $57.7M, a 1.41% increase from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $14.2M -$16.8M -54.2% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-26
2022 $31M -$26.7M -46.3% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-26
2021 $57.7M +$800K +1.41% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-26
2020 $56.9M -$9.4M -14.2% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-27
2019 $66.3M -$5.7M -7.92% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-28
2018 $72M +$5.8M +8.76% Jan 1, 2018 Dec 31, 2018 10-K 2021-03-01
2017 $66.2M +$4.1M +6.6% Jan 1, 2017 Dec 31, 2017 10-K 2020-03-02
2016 $62.1M +$15.3M +32.7% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-27
2015 $46.8M +$46.8M Jan 1, 2015 Dec 31, 2015 10-K 2018-02-27
2014 $0 $0 Jan 1, 2014 Dec 31, 2014 10-K 2017-03-01
2013 $0 Jan 1, 2013 Dec 31, 2013 10-K 2016-02-29
* An asterisk sign (*) next to the value indicates that the value is likely invalid.