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

Property

2.04B 2.27B 2.55B - -

Personal Lines - Direct

18.49B 20.14B 25.02B - -

Commercial Lines

6.95B 9.09B 9.9B 10.88B 11.02B

Other

7.7M 2.7M 1M 1M 2M

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 - -

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

Composition of the Board of Directors: Progressive Corporation

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

Shareholders: Progressive Corporation

NameStocks%Valuation
BlackRock Advisors LLC
6.688 %
39,082,258 6.688 % 8 538 M $
Vanguard Capital Management LLC
6.52 %
38,098,359 6.52 % 8 323 M $
4.427 %
25,870,710 4.427 % 5 651 M $
Capital Research & Management Co. (Global Investors)
3.863 %
22,574,142 3.863 % 4 931 M $
Geode Capital Management LLC
2.782 %
16,256,844 2.782 % 3 551 M $
NameStocks%Valuation
XP Allocation Asset Management Ltda.
0.00009 %
1,054 0.00009 % 116 475 $

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.($)
+3.26%+2.83%-13.56%+70.74% 120B
+0.07%+6.14%-7.67%+81.54% 42.67B
+0.79%-1.64%+8.20%+61.11% 14.46B
+0.32%0.00%-1.52%+14.48% 14.04B
+1.73%+0.97%+54.76%+249.22% 5.84B
-0.61%-8.47%-7.83%+29.39% 3.59B
+0.66%-0.22%+34.47%+34.07% 1.35B
+0.79%-3.91%+8.65%+29.92% 1.18B
+0.38%+0.57%+5.54%+67.61% 247M
+0.46%+2.15%+16.65%-11.11% 162M
Average +0.78%-0.56%+9.77%+62.70% 20.39B
Weighted average by Cap. +2.07%+1.25%-7.41%+72.28%
Trader
Investor
-
Global
-
Quality
-
ESG MSCI
AA
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
25
Last Close Price
213.83USD
Average target price
232.67USD
Spread / Average Target
+8.81%

Quarterly revenue - Rate of surprise

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