PROGRESSIVE CORP PGR 65.79
Financials · NYSE · Data as of 2026-08-03
PROGRESSIVE CORP (PGR) has delivered +15.1% annualized revenue growth, +19.7% earnings growth, and +5.6% dividend growth over 10 years of data. Ranked #376 of 1968 stocks overall and #72 of 212 in the Financials sector by Steady Score.
About PROGRESSIVE CORP
Company Overview
Progressive provides automobile, property and other insurance to individuals and businesses. It insures personal vehicles, commercial autos, motorcycles, boats and homes, selling directly online and by phone and through independent agents. Customers choose coverage and pricing options, while telematics programs can use driving behavior. The company operates throughout the United States across multiple distribution channels.
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Business Model & Revenue
Progressive collects premiums, pays claims and invests funds held before settlement. Underwriting profit depends on pricing accurately reflecting accident frequency, repair severity, weather and expenses. Personal Lines is the largest business, with Commercial Lines and Property adding diversification. Policy growth, retention, rate changes and claims drive results; investment income provides an additional earnings source.
Key Facts & Market Position
The company combines direct and agent distribution, allowing customers to shop through different channels. Extensive pricing segmentation and usage-based insurance are central capabilities, supported by rapid rate adjustments and claims data. Auto insurance remains the main exposure, while catastrophe-prone property coverage brings different volatility and reinsurance needs.