PROGRESSIVE CORP/OH/(PGR)— Stock Profile, AI Score & Financials
Financials · NYSE · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
PROGRESSIVE CORP/OH/ (PGR) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores PGR at 80.1/100 on a 32-signal composite quality model, placing it at rank #27 of 2,960 stocks — the top 1% of the AI-ranked universe. PGR scores in the top quartile across revenue scale (98.5), balance sheet strength (84.8), revenue growth (75.8). Based on the latest XBRL financial filings (Q2 2026), PROGRESSIVE CORP/OH/ reports quarterly revenue of $23.6B, net income of $3.3B, an operating margin of 17.8%. Top institutional holders of PGR by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, Capital Research Global Investors, based on the most recent SEC filings. PGR trades on the NYSE exchange and files with the SEC under CIK 80661. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PGR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for PROGRESSIVE CORP/OH/ directly from SEC EDGAR.
AI Quality Score
80.1/100
AI Rank
#27
Revenue
$23.6B
Net Income
$3.3B
Free Cash Flow
$3.5B
Operating Margin
17.8%
PGR key financials by period
PROGRESSIVE CORP/OH/ reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$87.7B
$11.3B
16.2%
FY 2024
10-K
$75.4B
$8.5B
14.2%
FY 2023
10-K
$62.1B
$3.9B
7.9%
FY 2022
10-K
$49.6B
$722.0M
1.9%
FY 2021
10-K
$47.7B
$3.4B
8.8%
FY 2020
10-K
$42.7B
$5.7B
16.8%
Institutions holding PGR
Institutional investors reporting a position in PROGRESSIVE CORP/OH/ on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-08-03 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Total revenues rose to $23.6B and net income to $3.3B, but the companywide underwriting margin fell to 12.7% from 13.8% on higher severity and advertising.
Biggest Revenue Drivers
Net premiums earned$21.6B+6% YoY
Policies in force grew 7% year over year, surpassing 40 million, with 0.5 million added during the quarter.
Investment income$979M+12% YoY
Increase primarily reflects growth in invested assets.
Biggest Revenue Drivers
Total revenue: $23.6B
Net premiums earned$21.6B+6% YoY
Policies in force grew 7% year over year, surpassing 40 million, with 0.5 million added during the quarter.
Within Net premiums earned
Personal Lines$18,880M+8% YoY
Growth driven by personal auto policies in force, up 9% versus June 30, 2025.
Commercial Lines$2,691M-3% YoY
Shift to business market targets with lower average written premiums and more 6-month term policies.
Investment income$979M+12% YoY
Increase primarily reflects growth in invested assets.
Net realized gains on securities$604M
Driven by $588M of net holding period gains, mostly on equity securities.
Largest Expense Items
Losses and loss adjustment expenses$14,572Mloss/LAE ratio +0.6 pts YoY to 67.4%
Higher severity, partially offset by $551M of favorable prior accident years reserve development.
Other underwriting expenses$3,009M
Includes employee compensation and a $230M increase in the premiums receivable credit loss allowance.
Policy acquisition costs$1,567M
Advertising spend was $1.4 billion, 16% higher than the second quarter last year.
Interest expense$88M
Reflects $1.5 billion of senior notes issued in March 2026.
Margins: Companywide underwriting margin was 12.7%, down 1.1 points, from a 0.6 point higher loss/LAE ratio on severity and a 0.5 point higher expense ratio on advertising. Personal Lines fell to 12.4% from 14.0%; Commercial Lines rose to 14.7%.
Watch Items from the Filing
Personal auto bodily injury severity rose 7% in the quarter on higher medical costs, more large losses, and a higher rate of attorney-represented claims.
Favorable prior-year reserve development of $551M benefited the combined ratio by 2.6 points, versus 1.6 points a year ago.
Trailing 12-month personal auto policy life expectancy fell 8% and personal property 8%, attributed to increased shopping and competition.
Certified class actions in Colorado, North Carolina, and Ohio over total-loss negotiation adjustments; losses reasonably possible but not estimable, and could be material in aggregate.
Catastrophe losses were $773M, 3.6 points of the combined ratio, versus $707M and 3.5 points a year ago.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
