Business description: Progressive Corporation

Progressive Corporation is an insurance group organized around 3 areas of activities:

- automobile insurance for individuals (83.5% of net written premiums). Net written premiums break down by distribution network between Internet and phone (57.1%) and agencies (42.9%);

- cars and trucks insurance of companies (12.8%);

- property insurance (3.7%).

All net written premiums are earned in the United States.

Number of employees: 70,053

Sales by Activity: Progressive Corporation

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

Personal Lines Incl. Property

- - - 60.98B 71.84B

Commercial Lines

6.95B 9.09B 9.9B 10.88B 11.02B

Property

2.04B 2.27B 2.55B - -

Personal Lines - Direct

18.49B 20.14B 25.02B - -

Unallocated Investment Income

2.37B -652M 2.24B 2.83B 3.58B

Unallocated Total Net Realized Gains (losses) On Securities

- - - 264M 727M

Unallocated Fees and Other Revenues

692M 722M 889M - -

Service Businesses

271M 299M 310M 413M 504M

Personal Lines - Agency

16.88B 17.74B 21.2B - -

Other

7.7M 2.7M 1M 1M 2M

Geographical breakdown of sales: Progressive Corporation

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

United States

47.68B 49.59B 62.08B 75.34B 87.64B

Executive Committee: Progressive Corporation

Manager TitleAgeSince
Chief Executive Officer 61 01/07/2016
Director of Finance/CFO 47 04/07/2026
Chief Investment Officer 48 03/01/2020
Chief Tech/Sci/R&D Officer 56 29/01/2016
Investor Relations Contact - -

Composition of the Board of Directors: Progressive Corporation

Director TitleAgeSince
Director/Board Member 61 01/07/2016
Director/Board Member 77 01/10/1996
Director/Board Member 73 01/06/2008
Chairman 72 14/05/2018
Director/Board Member 63 11/12/2009
Director/Board Member 72 01/01/2000
Director/Board Member 70 10/10/2014
Director/Board Member 71 04/08/2017
Director/Board Member 54 01/01/2018
Director/Board Member 52 09/11/2020

Shareholders: Progressive Corporation

NameStocks%Valuation
Vanguard Fiduciary Trust Co.
9.577 %
55,654,458 9.577 % 12 137 M $
Vanguard Capital Management LLC
6.565 %
38,148,192 6.565 % 8 319 M $
BlackRock Advisors LLC
6.027 %
35,020,197 6.027 % 7 637 M $
Capital Research & Management Co. (Global Investors)
4.569 %
26,549,107 4.569 % 5 790 M $
4.565 %
26,526,959 4.565 % 5 785 M $

Company details: Progressive Corporation

Progressive Corp.

300 North Commons Boulevard

44143-9998, Mayfield Village

+440 461 5000

http://www.progressive.com
address Progressive Corporation(PGR)

Group companies: Progressive Corporation

NameCategory and Sector
Investment Managers
Property/Casualty Insurance
Progressive Investment Co., Inc.

Insurance - Automobile

Change 5-day change 1-year change 3-year change Capi.($)
-0.69%-0.40%-11.61%+53.19% 126B
+0.18%+0.06%-6.70%+78.77% 47.66B
+0.83%+2.85%+16.10%+60.31% 15.85B
+1.05%+0.85%-7.11%+13.94% 14.02B
-0.71%-1.39%+30.34%+255.66% 5.65B
-0.69%-1.44%-9.54%+13.45% 3.5B
-0.07%+4.83%+12.01%+69.93% 1.42B
+0.47%+4.01%+38.96%+30.49% 1.3B
+1.08%+0.36%+5.04%+63.19% 264M
+2.19%0.00%+50.71%+65.41% 156M
Average +0.43%+0.66%+11.82%+70.43% 21.6B
Weighted average by Cap. -0.26%+0.58%-6.55%+61.46%
Trader
Investor
-
Global
-
Quality
-
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
25
Last Close Price
216.99USD
Average target price
231.71USD
Spread / Average Target
+6.79%

Quarterly revenue - Rate of surprise

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