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PGR
Progressive Corp
$284.93
+7.63
+2.75%
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Progressive Reports March 2025 Results
Wednesday, April 16, 2025 at 8:21 AM ET

MAYFIELD VILLAGE, OHIO, April 16, 2025 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month and quarter ended March 31, 2025:

 MarchQuarter
(millions, except per share amounts and ratios; unaudited) 2025   2024 Change 2025   2024 Change
Net premiums written$9,041  $7,746 17 %$22,206  $18,962 17 %
Net premiums earned$6,787  $5,634 20 %$19,409  $16,149 20 %
Net income$522  $893 (42)%$2,567  $2,331 10 %
Per share available to common shareholders$0.89  $1.52 (42)%$4.37  $3.94 11 %
Total pretax net realized gains (losses) on securities$(211) $59 (458)%$(212) $156 (236)%
Combined ratio 90.9   84.3 6.6 pts. 86.0   86.1 (0.1)pts.
Average diluted equivalent common shares 587.7   587.4 0 % 587.7   587.3 0 %


 March 31,
(thousands; unaudited)
2025 2024 % Change
Policies in Force     
Personal Lines     
Agency – auto10,146 8,593 18
Direct – auto14,771 11,855 25
Special lines6,637 6,076 9
Property3,576 3,209 11
Total Personal Lines35,130 29,733 18
Commercial Lines1,162 1,101 6
Companywide36,292 30,834 18
      


See Progressive’s complete monthly earnings release for additional information.

About Progressive

Progressive Insurance® makes it easy to understand, buy and use car insurance, home insurance, and other protection needs. Progressive offers choices so consumers can reach us however it’s most convenient for them — online at progressive.com, by phone at 1-800-PROGRESSIVE, via the Progressive mobile app, or in-person with a local agent.

Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is the second largest personal auto insurer in the country, a leading seller of commercial auto, motorcycle, and boat insurance, and one of the top 15 homeowners insurance carriers. 

Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price®, Snapshot®, and HomeQuote Explorer®.

The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE: PGR.

Company Contact:
Douglas S. Constantine
(440) 395-3707
investor_relations@progressive.com

The Progressive Corporation
300 North Commons Blvd.
Mayfield Village, Ohio 44143
http://www.progressive.com

Download PDF: Progressive March 2025 Complete Earnings Release


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Source: Progressive Casualty Insurance Company