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 30/06/2016
Director of Finance/CFO 47 03/07/2026
Chief Investment Officer 48 02/01/2020
Chief Tech/Sci/R&D Officer 56 28/01/2016
Investor Relations Contact - -

Composition of the Board of Directors: Progressive Corporation

Director TitleAgeSince
Director/Board Member 61 30/06/2016
Director/Board Member 77 30/09/1996
Director/Board Member 73 31/05/2008
Chairman 72 13/05/2018
Director/Board Member 63 10/12/2009
Director/Board Member 72 31/12/1999
Director/Board Member 70 09/10/2014
Director/Board Member 71 03/08/2017
Director/Board Member 54 31/12/2017
Director/Board Member 52 08/11/2020

Shareholders: Progressive Corporation

NameStocks%Valuation
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 $
Geode Capital Management LLC
2.927 %
17,009,978 2.927 % 3 710 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.($)
-0.31%+2.34%-13.63%+51.33% 122B
-2.61%-4.77%+23.20%+124.38% 91.69B
-0.35%-0.73%+28.69%+122.09% 75.17B
-0.30%-1.70%+6.54%+101.73% 56.57B
-2.85%-3.80%-18.66%+93.95% 48.31B
-3.94%-3.59%-11.30%+57.65% 44.96B
-2.25%-5.05%+44.82%+162.47% 43.65B
-0.66%+1.02%-5.91%+24.78% 39.18B
-1.47%-5.30%+45.38%+208.32% 36.77B
-0.70%-1.12%+5.07%+17.93% 31.81B
Average -1.54%-2.04%+10.42%+96.46% 59.04B
Weighted average by Cap. -1.42%-1.36%+8.69%+94.92%
Trader
Investor
-
Global
-
Quality
-
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
25
Last Close Price
210.31USD
Average target price
232.05USD
Spread / Average Target
+10.34%

Quarterly revenue - Rate of surprise

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