Progressive Reports March 2025 Results

(MENAFN- GlobeNewsWire - Nasdaq) 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:

	March	Quarter
(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 – auto	10,146		8,593		18
Direct – auto	14,771		11,855		25
Special lines	6,637		6,076		9
Property	3,576		3,209		11
Total Personal Lines	35,130		29,733		18
Commercial Lines	1,162		1,101		6
Companywide	36,292		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
...
The Progressive Corporation
300 North Commons Blvd.
Mayfield Village, Ohio 44143

Download PDF: Progressive March 2025 Complete Earnings Release

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