Progressive Reports June 2025 Results

GlobeNewswire Inc.

July 16, 2025 12:18PM GMT

MAYFIELD VILLAGE, OHIO, July 16, 2025 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month and quarter ended June 30, 2025:

 

June

Quarter

(millions, except per share amounts and ratios; unaudited)

2025

 

2024

 

Change

2025

 

2024

 

Change

Net premiums written

$

6,605

 

$

5,749

 

15

%

$

20,076

 

$

17,902

 

12

%

Net premiums earned

$

6,954

 

$

5,777

 

20

%

$

20,310

 

$

17,209

 

18

%

Net income

$

1,124

 

$

803

 

40

%

$

3,175

 

$

1,459

 

118

%

Per share available to common shareholders

$

1.91

 

$

1.37

 

40

%

$

5.40

 

$

2.48

 

118

%

Total pretax net realized gains (losses) on securities

$

179

 

$

22

 

NM

 

$

387

 

$

(127)

 

(405)

%

Combined ratio

86.6

 

86.2

 

0.4

pts.

86.2

 

91.9

 

(5.7)

pts.

Average diluted equivalent common shares

588.0

 

587.4

 

0

%

587.8

 

587.4

 

0

%

NM = Not Meaningful

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30,

(thousands; unaudited)

2025

 

2024

 

% Change

Policies in Force

 

 

 

 

 

Personal Lines

 

 

 

 

 

Agency – auto

10,423

 

8,965

 

16

Direct – auto

15,245

 

12,576

 

21

Special lines

6,850

 

6,312

 

9

Property

3,608

 

3,339

 

8

Total Personal Lines

36,126

 

31,192

 

16

Commercial Lines

1,189

 

1,118

 

6

Companywide

37,315

 

32,310

 

15

 

 

 

 

 

 


See Progressive’s complete monthly earnings release, including the “Monthly Commentary,” 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
investor_relations@progressive.com

The Progressive Corporation
300 North Commons Blvd.
Mayfield Village, Ohio 44143
http://www.progressive.com

Download PDF: Progressive June 2025 Complete Earnings Release