Revenue segments as reported by the company.

Net premiums earned 

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Net realized gains (losses) on securities

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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.

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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 2022

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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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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.

An attractive product portfolio, leadership position, strength in Vehicle and Property businesses, healthy policies in force, retention and solid capital position continue to drive Progressive (PGR).

Progressive (PGR) Stock Up 25% YTD: Will the Bull Run Continue?

MAYFIELD VILLAGE, OHIO, Dec. 14, 2022 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for November 2022:

Progressive Reports November 2022 Results and Provides Dividend Information and 2023 Annual Meeting Dates

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MAYFIELD VILLAGE, OHIO, Nov. 16, 2022 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for October 2022:

UPDATE -- Progressive Reports October 2022 Results

Progressive Reports October 2022 Results

The Progressive Corporation (NYSE:PGR ) Q3 2022 Earnings Conference Call November 2, 2022 9:30 AM ET Company Participants Doug Constantine - Director of Investor Relations Tricia Griffith - President & Chief Executive Officer Pat Callahan - President of Personal Lines John Sauerland - Chief Financial Officer Conference Call Participants Elyse Greenspan - Wells Fargo Michael Phillips - Morgan Stanley Mike Zaremski - BMO Alex Scott - Goldman Sachs Greg Peters - Raymond James David Motemaden - Evercore ISI Gary Ransom - Dowling Partners Josh Shanker - Bank of America Andrew Kligerman - Credit Suisse Yaron Kinar - Jefferies Tracy Benguigui - Barclays Meyer Shields - KBW Operator Good morning, and welcome to the Progressive Corporation's Third Quarter Investor Event. The company will not make detailed comments related to quarterly results in addition to those provided in its quarterly report on Form 10-Q and the letter to shareholders, which have been posted to the company's website.

The Progressive Corporation (PGR) Q3 2022 Earnings Call Transcript

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Progressive (PGR) delivered earnings and revenue surprises of -60.48% and 1.23%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Progressive (PGR) Misses Q3 Earnings and Revenue Estimates

MAYFIELD VILLAGE, OHIO, Oct. 13, 2022 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for September 2022 and the third quarter of 2022:

Progressive Reports September 2022 Results

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PGR shares have been notably hot in 2022, up more than 20% and crushing the S&P 500.

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Progressive's (PGR) Q3 earnings are likely to reflect improved rates, solid policies in force and higher retention in its strong Vehicle and Property businesses.

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Progressive's (PGR) compelling product portfolio, leadership position, strength in the Vehicle and Property businesses, healthy policies in force, and retention bode well for growth.

Here's Why You Should Add Progressive (PGR) Stock to Your Kitty

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.

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News for Progressive Stock (PGR)