The Progressive Corporation
NYSE•PGR
CEO: Ms. Susan Patricia Griffith
Sector: Financial Services
Industry: Insurance - Property & Casualty
Listing Date: 1980-03-17
The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, business related general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, and pick-up trucks used by small businesses, as well as non-fleet taxis, black-car services, and airport taxis; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks used by light contractors and heavy constructions; log trucks and garbage trucks used by dirt, sand and gravel, logging, garbage/debris removal, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers manufactured homes, personal umbrella insurance, and primary and excess flood insurance. The company offers policy issuance and claims adjusting services; acts as an agent to homeowners, general liability, workers' compensation insurance, and other products; and reinsurance services. It sells its products through independent insurance agencies, as well as through mobile applications and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield Village, Ohio.
Contact Information
300 North Commons Blvd., Mayfield Village, OH, 44143, United States
(440)-461-5000
Market Cap
$113.74B
P/E (TTM)
10.1
10.9
Dividend Yield
7.2%
52W High
$289.96
52W Low
$192.02
52W Range
Rank18Top 5.0%
6.3
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Strong • 6.3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$22.74B-25.99%
4-Quarter Trend
EPS
$5.04-24.88%
4-Quarter Trend
FCF
$3.05B+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Premium Growth Strong Total net premiums written reached $83.17B in 2025, marking an 11.8% increase over 2024 figures.
Investment Portfolio Expansion Fair value of investment portfolio grew to $97.4B by year-end 2025, reflecting 21.3% growth from prior year.
Parent Income Surges Parent company comprehensive income hit $12.83B in 2025, showing substantial 48.0% increase compared to 2024 results.
Personal Lines Dominance Personal Lines segment accounted for 87% of total net premiums written in 2025, driven by personal vehicle insurance.
Risk Factors
Pricing Accuracy Dependency Success depends on accurately underwriting and pricing risks; failure risks underpricing leading to adverse underwriting profit margins.
Cybersecurity Threat Exposure Reliance on complex technology and third-party systems exposes operations to material adverse effects from security breaches.
Investment Market Volatility Fixed-income portfolio faces interest rate risk, credit risk, and concentration risk, potentially reducing income and capital levels.
Regulatory Factor Limitations Regulatory efforts may limit use of empirically predictive rating factors, potentially undermining risk-based pricing effectiveness.
Outlook
Destination Era Strategy Focus Strategy centers on leveraging Personal Auto to deepen relationships via bundling personal and property insurance products.
New Auto Product Rollout Model 9.0 personal auto product, including optional renters insurance, is being rolled out across 10 states (25% of premiums).
AI Technology Integration Continued development and use of Advanced AI presents risks but is necessary; regulatory compliance remains key challenge.
Share Repurchase Authorization Board authorized repurchase of up to 25M common shares; Q4 2025 repurchases totaled 269.33K shares.
Peer Comparison
Revenue (TTM)
$191.57B
$87.65B
$81.95B
Gross Margin (Latest Quarter)
91.1%
82.2%
69.6%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| BAC | $377.06B | 12.7 | 10.1% | 10.7% |
| TD | $170.15B | 10.7 | 17.3% | 12.8% |
| BBVA | $131.24B | 11.3 | 18.5% | 9.5% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
3.7%
Moderate Growth
4Q Net Income CAGR
4.8%
Profitability Slowly Improving
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:Apr 15, 2026
EPS:$4.82
|Revenue:$22.98B
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data