Revenue segments as reported by the company.

Net premiums earned 

Investment income

Net realized gains (losses) on securities

Fees and other revenues

Service revenues

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Losses and loss adjustment expenses

Policy acquisition costs

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Progressive

Progressive Corp. is an insurance holding company. engages in the provision of personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services. It operates through the following segments: Personal Lines, Commercial Lines and Property. The Personal Lines segment includes agency and direct businesses. The Commercial Lines segment writes primary liability and physical damage insurance for automobiles and trucks owned and operated predominately by small business in the auto, for-hire transportation, contractor, for-hire specialty, tow, and for-hire livery markets. The Property segment covers residential property insurance for homeowners, other property owners, and renters. The company was founded on March 10, 1937, and is headquartered in Mayfield Village, OH.

Earnings data Q1 2021

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Earnings data Q1 2023

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Earnings data Q4 2024

Progressive beats goals with strong growth and telematics advancements

Progressive's strong performance in exceeding goals and growth in policies.
Emphasis on accurate pricing, segmentation, and underwriting for profitability.
Challenges include pandemic impact and balancing telematics integration.
Opportunities lie in deeper telematics integration and multi-product households.

Progressive takes aggressive actions to improve margins and drive growth

Progressive is proactively managing margins through rate increases and cost-saving measures. Despite challenges in meeting targets, the company is confident in its growth trajectory. Opportunities lie in optimizing pricing strategies and leveraging industry-leading segmentation to drive profitability.

Progressive manages challenges, focuses on profitability amid industry changes

Progressive navigated challenges in Q2 2023 with a focus on balancing growth and profitability while maintaining a 96 combined ratio goal.
The company's strong risk management practices and customer-centric pricing strategies position it well for future growth opportunities.
Efficient customer acquisition, detailed loss reserving processes, and strategic underwriting are key to Progressive's performance and future success.

Progressive reports solid Q3 performance amidst competitive challenges and opportunities

Progressive's Q3 performance was positive, driven by premium and profitability enhancements through rate actions and reserve developments.
While facing challenges like declining new apps and competitive rate increases, Progressive's strengths in retention rates and strategic investments position it well for growth.
Opportunities in dynamic rate adjustments, successful BOP rollout, and cautious growth strategies amidst uncertainties highlight Progressive's adaptability and focus on sustainable growth.
The company's focus on stability, organic growth, and strategic investments in telematics underscore its commitment to long-term success and competitiveness.

Progressive (PGR) reports strong growth and profitability amidst competitive market

Progressive's strategic focus on customer needs, market share expansion, and profitability drives its growth trajectory. The company's emphasis on efficient marketing spend, rate adequacy, and digital investments positions it well for continued success.

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Book value per share

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Progressive Corp. is an insurance holding company, which engages in the provision of personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services. It operates through the following segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment includes agency and direct businesses. The Commercial Lines segment writes primary liability and physical damage insurance for automobiles and trucks owned and operated predominately by small business in the auto, for-hire transportation, contractor, for-hire specialty, tow, and for-hire livery markets. The Property segment covers residential property insurance for homeowners, other property owners, and renters. The company was founded on March 10, 1937, and is headquartered in Mayfield Village, OH.

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Better pricing and underwriting practice, exposure growth and sturdy capital are expected to help these insurers outperform Q4 earnings estimates.

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PGR has benefited enormously from COVID conditions. Although earnings will decline in 2021, Progressive is already fairly priced.

Progressive: The Sleep-Well-At-Night Insurer

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Progressive's (PGR) November results reflect higher premiums driving revenues, net realized gains on securities, offset by an increase in expenses.

Progressive (PGR) November Earnings & Revenues Increase Y/Y

MAYFIELD VILLAGE, OHIO, Dec. 18, 2020 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for November 2020: 

Progressive Reports November 2020 Results

Insurance giant Progressive Corporation (NYSE:PGR) has a lot on the horizon that investors can get excited about.

Progressive Stock Ahead of Earnings: Time to Buy?

MAYFIELD VILLAGE, OHIO, Dec. 04, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of The Progressive Corporation (NYSE:PGR) today declared a quarterly common share dividend, in the amount of $0.10 per share and an annual common share dividend, in the amount of $4.50 per share. The aggregate common share dividend of $4.60 per share is payable January 15, 2021, to shareholders of record at the close of business on January 8, 2021 (ex-dividend date of January 7, 2021). The Board is expected to continue to target the quarterly dividend to be approximately $0.10 per common share for 2021. The 2020 annual dividend amount was determined by the Board based on our capital position, existing capital resources, and expected current and future capital needs.

Progressive Announces Dividend Information and 2021 Annual Meeting Record Date

Progressive's (PGR) October results reflect higher premiums driving revenues, offset by an increase in expenses and net realized loss on securities.

Progressive (PGR) October Earnings Decline, Revenues Rise Y/Y

MAYFIELD VILLAGE, OHIO, Nov. 24, 2020 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for October 2020: 

Progressive Reports October 2020 Results

Progressive (PGR) continues to gain on higher premiums, solid policies in force, competitive rate and prudent underwriting.

Progressive Corp. (PGR) Up 31% YTD: Will the Rally Continue?

The Progressive Corporation (PGR) CEO Tricia Griffith on Q3 2020 Results - Earnings Call Transcript

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in ( Recession is Imminent: We Need A Travel Ban NOW ). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. In this article, we will take a closer look at hedge fund sentiment towards The Progressive Corporation (NYSE:PGR).

Were Hedge Funds Right About The Progressive Corporation (PGR)?

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The Progressive Corporation: Review Of Potential Returns

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Progressive (PGR) Q3 earnings reflect improvement in premiums.

Progressive (PGR) Q3 Earnings Top Estimates, Premiums Up Y/Y

Progressive (PGR) delivered earnings and revenue surprises of 10.65% and -1.24%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Progressive (PGR) Tops Q3 Earnings Estimates

Shares of Progressive (NYSE:PGR) rose 0.2% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share increased 32.39% over the past year to $1.88, which beat the estimate of $1.72.

Progressive: Q3 Earnings Insights

MAYFIELD VILLAGE, OHIO, Oct. 14, 2020 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for September 2020 and the third quarter of 2020: 

Progressive Reports September 2020 Results

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Progressive's (PGR) third-quarter earnings are likely to have gained from improved premiums.

Progressive (PGR) to Report Q3 Earnings: Is a Beat in Store?

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Progressive (PGR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

News for Progressive Stock (PGR)