Price
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Smart Score
Above averageThe Progressive Corporation is a holding company with no business operations of its own. Consequently, if its subsidiaries are unable to pay dividends or make other distributions, or are able to pay only limited amounts, The Progressive Corporation may be unable to make payments on its indebtedness, make capital contributions to or otherwise fund its subsidiaries or affiliates, pay dividends to its shareholders, or meet its other obligations.
In the company’s own words · 10-K filed Mar 2, 2026 · SEC EDGAR
Business segments
Q3 2024 · $8.05BThe company’s own SEC segment disclosure.
- Underwriting Operations$6.63B82%
- Investments1$1.03B13%
- Fees And Other$278.1M3%
- Non Insurance Service Business$117.3M1%
Progressive Corporation (PGR) reported revenue of $23.6B in Q2 2026 (quarter ended June 30, 2026), up 7.3% from the same quarter a year earlier. That came with net income of $3.31B (14% of revenue). For the full year FY2025, revenue was $87.7B (+16% year on year) and net income $11.3B. Its largest product in 2024-Q3 was Underwriting Operations at $6.63B, 82% of the disclosed total, just ahead of Investments1 at 13%.
Raw charts
8 series · TTMAs reported to the SEC, without any scoring.
Insurance - Property & Casualty
Ranks #10 of 31 by Smart Score