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

Operating Margin

Profit Margin

Margins

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

Other underwriting expenses

Policyholder credit expense

Investment expenses

Service expenses

Interest expense

Goodwill impairment

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Progressive (PGR) seems well-poised on improving premiums, steady policy life expectancy, investment in technology and a solid capital position.

Is Progressive (PGR) Still Worth Buying Post Q2 Earnings?

Robust earnings and the market rotation out of tech high-flyers have boosted Progressive insurance stock to record highs.

Progressive Insurance, Stock Of The Day, Rises In Buy Zone On Triple-Digit Earnings Growth

Travelers

Automatic Data Processing

Chubb

Cigna

Intuit

Seasonal trading can be a benefit in stock selection. For an unknown reason, some equities perform well in some parts of the year and poorly in other parts of the year.

Stocks To Hold To Year End

Boston Scientific

General Electric

Newmont Mining

Pfizer

Five old economy stocks with strong near-term potential are: NEM, GE, PFE, PGR, BSX.

Buy 5 Surging Old Economy Stocks to Tap Market Rally

Skyward Specialty Insurance Group Inc

Investors looking for stocks in the Insurance - Property and Casualty sector might want to consider either Skyward Specialty Insurance (SKWD) or Progressive (PGR). But which of these two stocks is more attractive to value investors?

SKWD or PGR: Which Is the Better Value Stock Right Now?

MAYFIELD VILLAGE, OHIO, Aug. 05, 2024 (GLOBE NEWSWIRE) -- On August 2, 2024, the Board of Directors of The Progressive Corporation (NYSE:PGR) declared a $0.10 per common share dividend, payable October 11, 2024, to shareholders of record at the close of business on October 3, 2024.

Progressive Announces Quarterly Common Share Dividend

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Is Progressive (PGR) a Buy as Wall Street Analysts Look Optimistic?

MAYFIELD VILLAGE, OHIO, July 30, 2024 (GLOBE NEWSWIRE) -- As previously announced, The Progressive Corporation (NYSE: PGR) will host an Investor Relations event on Tuesday, August 6, 2024, beginning at 9:30 a.m. eastern time. This event, which will consist of both a conference call and webcast, is scheduled to last 90 minutes and will begin with an approximate 45-minute presentation on acquiring policies in our Direct channel, followed by a question-and-answer session with Tricia Griffith, our CEO, and John Sauerland, our CFO. Call-in participants will be able to ask questions via phone, however, webcast participants will not be able to submit questions online.

Progressive Announces Investor Relations Event

Markel

No matter how sophisticated technology becomes, vulnerabilities can still lead to significant damage and global outages. This was the case in recent days when a faulty CrowdStrike update caused havoc for Windows computers, laptops, and countless other devices, with significant implications for insurance stocks.

3 Insurance Stocks to Watch After the Massive CrowdStrike Outage

Progressive stock has increased 29% in the first half of this year. The company has displayed excellent risk management and is a best-in-class insurer.

This High-Flying Financial Stock Beat the S&P 500 in the First Half of 2024. Is It Still a Buy?

Pinduoduo Inc - ADR

Vertiv Holdings Co

PDD, VRT and PGR made it to the Zacks Rank #1 (Strong Buy) growth stocks list on July 26, 2024.

Best Growth Stocks to Buy for July 26th

Despegar.com

Silicon Motion Technology

SIMO, DESP and PGR made it to the Zacks Rank #1 (Strong Buy) growth stocks list on July 25, 2024.

Best Growth Stocks to Buy for July 25th

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Why Progressive (PGR) is a Top Value Stock for the Long-Term

Coinbase

Garmin

Intuitive Surgical

Urban Outfitters

Coinbase jumped Friday as bitcoin spiked. Urban Outfitters, Progressive also are stocks near buy points.

Coinbase Flashes Buy Signal On Bitcoin Rally, Leads 5 Stocks To Watch

Progressive (PGR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

All You Need to Know About Progressive (PGR) Rating Upgrade to Buy

Merchants Bancorp

Viper Energy Partners LP

Progressive stock reached a new high and is in the buy zone. A financial stock and an energy stock also hit highs and buy points.

Stock Rotation Helps Three Stocks Hit New Highs

Most of the market's attention is now centered around the technology sector, particularly those stocks dealing with the growth and global adoption of artificial intelligence. Investors could point to NVIDIA Co. NASDAQ: NVDA as the primary stock in this group, as it has delivered a rally of over 150% in 2024.

Can This Top Insurance Stock Continue to Outperform the Market?

Progressive's (PGR) second-quarter 2024 results reflect a year-over-year improvement in premiums.

Progressive's (PGR) Q2 Earnings Beat, Premiums Rise Y/Y

While the top- and bottom-line numbers for Progressive (PGR) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Progressive (PGR) Q2 Earnings: A Look at Key Metrics

Progressive (PGR) came out with quarterly earnings of $2.65 per share, beating the Zacks Consensus Estimate of $1.99 per share. This compares to earnings of $0.50 per share a year ago.

Progressive (PGR) Q2 Earnings and Revenues Surpass Estimates

MAYFIELD VILLAGE, OHIO, July 16, 2024 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended June 30, 2024 and the second quarter of 2024:

Progressive Reports June 2024 Results

The Progressive Corporation PGR is slated to report second-quarter 2024 earnings on Jul 16 before the opening bell. The company's earnings beat estimates in the last reported quarter.

Here's What to Expect From Progressive (PGR) in Q2 Earnings

Domino's Pizza

Walmart

The stock market keeps rolling, with the S&P 500 surging almost 4% in the past month. Indeed, a big correction seems overdue at this point, given the sheer momentum and the fact that we haven't had a full correction since last autumn.

The 3 Most Undervalued Long-Term Stocks to Buy in July 2024

Progressive Is A Buy Ahead Of Earnings

Catalent

Nvidia's profit is growing fast, but not the fastest in the S&P 500. Not by a long shot, say stock analysts.

News for Progressive Stock (PGR)