PGR RSI Chart
Last 7 days
3.5%
Last 30 days
12.0%
Last 90 days
20%
Trailing 12 Months
36.3%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 52.1B | 55.9B | 58.7B | 62.1B |
2022 | 48.6B | 49.1B | 50.6B | 49.6B |
2021 | 44.8B | 44.8B | 45.2B | 48.2B |
2020 | 39.5B | 41.0B | 42.4B | 42.7B |
2019 | 33.0B | 34.4B | 35.5B | 38.6B |
2018 | 27.9B | 29.4B | 31.1B | 32.0B |
2017 | 24.2B | 25.0B | 25.8B | 26.8B |
2016 | 21.5B | 22.1B | 22.7B | 23.4B |
2015 | 19.6B | 20.1B | 20.6B | 20.9B |
2014 | 18.4B | 18.6B | 18.8B | 19.4B |
2013 | 17.4B | 17.8B | 17.9B | 18.2B |
2012 | 16.0B | 16.3B | 16.9B | 17.1B |
2011 | 15.4B | 15.6B | 15.7B | 15.8B |
2010 | 14.8B | 14.9B | 15.0B | 15.2B |
2009 | 12.7B | 12.8B | 14.2B | 14.6B |
2008 | 0 | 14.1B | 13.5B | 12.8B |
2007 | 0 | 0 | 0 | 14.7B |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 11, 2024 | bauer jonathan s. | acquired | - | - | 3,893 | chief investment officer |
Mar 11, 2024 | griffith susan patricia | acquired | - | - | 14,501 | president and ceo |
Mar 11, 2024 | griffith susan patricia | sold (taxes) | -1,225,920 | 196 | -6,228 | president and ceo |
Mar 11, 2024 | bauer jonathan s. | sold (taxes) | -363,367 | 196 | -1,846 | chief investment officer |
Mar 11, 2024 | sauerland john p | acquired | - | - | 4,465 | vp and chief financial officer |
Mar 11, 2024 | sauerland john p | sold (taxes) | -395,255 | 196 | -2,008 | vp and chief financial officer |
Mar 05, 2024 | bailo karen | sold | -1,603,840 | 189 | -8,464 | commercial lines president |
Feb 21, 2024 | callahan patrick k | sold | -5,645,970 | 190 | -29,675 | personal lines president |
Jan 17, 2024 | griffith susan patricia | sold | -1,005,120 | 169 | -5,939 | president and ceo |
Jan 17, 2024 | niederst lori a | sold | -218,827 | 169 | -1,293 | crm president |
Which funds bought or sold PGR recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 13, 2024 | Global Frontier Investments LLC | added | 28.17 | 9,207,000 | 28,988,000 | 9.96% |
Mar 13, 2024 | Sivia Capital Partners, LLC | new | - | 264,254 | 264,254 | 0.20% |
Mar 12, 2024 | ROVIN CAPITAL /UT/ /ADV | new | - | 227,000 | 227,000 | 0.10% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 0.43 | 1,058,790,000 | 8,197,630,000 | 0.18% |
Mar 08, 2024 | TRUST CO OF VERMONT | reduced | -10.4 | 7,602 | 318,241 | 0.02% |
Mar 06, 2024 | SageView Advisory Group, LLC | new | - | 1,438,820 | 1,438,820 | 0.06% |
Mar 06, 2024 | Alamar Capital Management, LLC | added | 1.97 | 635,304 | 4,462,650 | 3.54% |
Mar 05, 2024 | Fisher Asset Management, LLC | added | 12.05 | 346,908 | 1,580,130 | -% |
Mar 05, 2024 | GERBER, LLC | new | - | 398,200 | 398,200 | 0.36% |
Mar 04, 2024 | TUCKER ASSET MANAGEMENT LLC | reduced | -1.81 | 2,839 | 25,963 | 0.01% |
Unveiling Progressive Corp-The's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Progressive Corp-The)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AJG | 54.9B | 10.1B | 56.57 | 5.45 | ||||
AIG | 51.9B | 46.8B | 14.26 | 1.11 | ||||
TRV | 50.6B | 41.4B | 16.92 | 1.22 | ||||
AFL | 48.7B | 18.7B | 10.45 | 2.6 | ||||
ACGL | 34.4B | 13.6B | 7.74 | 2.52 | ||||
ARGO | 34.0B | 1.4B | -181.05 | 23.64 | ||||
AFG | 11.1B | 7.8B | 13.01 | 1.42 | ||||
MID-CAP | ||||||||
UNM | 10.0B | 12.4B | 7.77 | 0.81 | ||||
AIZ | 9.4B | 11.1B | 14.66 | 0.85 | ||||
LNC | 4.6B | 11.6B | -6.11 | 0.39 | ||||
AEL | 4.4B | 2.8B | 21.1 | 1.57 | ||||
SMALL-CAP | ||||||||
BRP | 1.8B | 1.2B | -19.55 | 1.45 | ||||
AMSF | 966.9M | 306.9M | 15.57 | 3.15 | ||||
AMBC | 679.7M | 269.0M | 151.05 | 2.53 | ||||
AAME | 55.3M | 185.3M | 17.82 | 0.3 |
Progressive Corp-The News
Income Statement (Quarterly) | ||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 8.6% | 16,891 | 15,561 | 15,354 | 14,303 | 13,470 | 12,780 | 11,519 | 11,842 | 14,422 | 11,365 | 10,982 | 11,445 | 11,416 | 10,947 | 10,972 | 9,323 | 11,161 | 9,531 | 9,451 | 8,460 | 8,035 |
EBITDA Margin | 29.7% | 0.09* | 0.07* | 0.05* | 0.03* | 0.03* | 0.03* | 0.03* | 0.07* | 0.10* | 0.12* | 0.17* | 0.19* | 0.18* | 0.16* | 0.15* | 0.12* | 0.14* | 0.13* | - | - | - |
Interest Expenses | 0% | 70.00 | 70.00 | 66.00 | 63.00 | 63.00 | 63.00 | 63.00 | 54.00 | 52.00 | 54.00 | 56.00 | 56.00 | 56.00 | 56.00 | 56.00 | 48.00 | 47.00 | 48.00 | 47.00 | 47.00 | 46.00 |
Income Taxes | 78.5% | 516 | 289 | 90.00 | 107 | 199 | 18.00 | -93.00 | 76.00 | 242 | 21.00 | 209 | 388 | 422 | 393 | 478 | 176 | 264 | 167 | 265 | 485 | -17.60 |
Earnings Before Taxes | 77.5% | 2,503 | 1,410 | 436 | 554 | 1,025 | 143 | -635 | 390 | 1,204 | 139 | 999 | 1,868 | 2,106 | 1,924 | 2,269 | 875 | 1,339 | 1,010 | 1,244 | 1,568 | 242 |
EBT Margin | 35.3% | 0.08* | 0.06* | 0.04* | 0.02* | 0.02* | 0.02* | 0.02* | 0.06* | 0.09* | 0.11* | 0.15* | 0.18* | 0.17* | 0.15* | 0.13* | 0.11* | 0.13* | 0.11* | - | - | - |
Net Income | 77.3% | 1,988 | 1,121 | 345 | 448 | 826 | 124 | -542 | 314 | 962 | 119 | 790 | 1,480 | 1,688 | 1,531 | 1,790 | 693 | 1,071 | 842 | 979 | 1,078 | 265 |
Net Income Margin | 34.5% | 0.06* | 0.05* | 0.03* | 0.02* | 0.01* | 0.02* | 0.02* | 0.04* | 0.07* | 0.09* | 0.12* | 0.14* | 0.13* | 0.12* | 0.11* | 0.09* | 0.10* | 0.09* | - | - | - |
Free Cashflow | -30.4% | 2,355 | 3,383 | 2,247 | 2,406 | 883 | 1,919 | 1,326 | 2,429 | 397 | 2,281 | 2,276 | 2,564 | 1,500 | 1,414 | 2,205 | 1,563 | 1,046 | 1,681 | - | - | - |
Balance Sheet | ||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 3.5% | 88,691 | 85,653 | 82,945 | 80,407 | 75,465 | 75,524 | 73,057 | 73,930 | 71,132 | 72,618 | 69,824 | 65,413 | 64,098 | 62,906 | 59,421 | 56,266 | 54,911 | 54,008 | 51,324 | 48,850 | 46,575 |
Cash Equivalents | -28.0% | 100 | 138 | 180 | 289 | 221 | 365 | 241 | 287 | 202 | 286 | 115 | 123 | 77.00 | 91.00 | 109 | 370 | 227 | 46.00 | 93.00 | 159 | 75.00 |
Net PPE | -4.2% | 881 | 920 | 989 | 949 | 1,034 | 1,067 | 1,125 | 1,104 | 1,137 | 1,161 | 1,086 | 1,077 | 1,106 | 1,182 | 1,190 | 1,215 | 1,214 | 1,214 | 1,175 | 1,127 | 1,132 |
Goodwill | -100.0% | - | 228 | 228 | 228 | 228 | 228 | 228 | 453 | 453 | 453 | 453 | 453 | 453 | 453 | 453 | 453 | 453 | 453 | 453 | 453 | 453 |
Liabilities | 0.2% | 68,414 | 68,257 | 66,234 | 63,539 | 59,574 | 60,748 | 57,405 | 56,878 | 52,901 | 54,060 | 51,149 | 47,577 | 47,060 | 44,819 | 42,751 | 41,689 | 41,012 | 39,662 | 37,773 | 36,518 | 35,539 |
Shareholder's Equity | 16.6% | 20,277 | 17,395 | 1,936 | 494 | 15,891 | 14,776 | 1,815 | 494 | 18,232 | 18,558 | 1,712 | 585 | 932 | 18,087 | 494 | 585 | 342 | 14,123 | 584 | 494 | 10,822 |
Retained Earnings | 8.2% | 18,801 | 17,381 | 16,350 | 16,080 | 15,721 | 14,988 | 14,968 | 15,570 | 15,340 | 15,390 | 15,401 | 14,680 | 13,355 | 14,428 | 13,002 | 11,266 | 10,680 | 10,995 | 10,276 | 9,358 | 8,387 |
Additional Paid-In Capital | 1.8% | 2,013 | 1,978 | 1,936 | 1,908 | 1,893 | 1,840 | 1,815 | 1,789 | 1,773 | 1,736 | 1,712 | 1,686 | 1,673 | 1,629 | 1,615 | 1,602 | 1,573 | 1,539 | 1,523 | 1,497 | 1,479 |
Accumulated Depreciation | 3.6% | 1,655 | 1,597 | 1,580 | 1,576 | 1,551 | 1,499 | 1,513 | 1,456 | 1,407 | 1,422 | 1,397 | 1,319 | 1,291 | 1,265 | 1,242 | 1,192 | 1,138 | 1,085 | 1,106 | 1,065 | 1,033 |
Shares Outstanding | 0% | 585 | 585 | 585 | 585 | 584 | 585 | 584 | 584 | 585 | 585 | 585 | 585 | 585 | 585 | 585 | 585 | 584 | 584 | - | - | - |
Float | - | - | - | 76,907 | - | - | - | 67,446 | - | - | - | 56,938 | - | - | - | 46,424 | - | - | - | 46,188 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -28.7% | 2,437 | 3,420 | 2,337 | 2,450 | 930 | 2,027 | 1,390 | 2,502 | 452 | 2,371 | 2,324 | 2,615 | 1,547 | 1,480 | 2,253 | 1,626 | 1,128 | 1,759 | 1,506 | 1,869 | 1,083 |
Cashflow From Investing | 30.0% | -2,346 | -3,352 | -2,867 | -2,277 | -995 | -1,781 | -1,377 | -3,802 | 455 | -1,556 | -2,243 | 225 | -1,466 | -1,380 | -2,217 | -1,053 | -885 | -1,673 | -1,501 | -277 | -1,378 |
Cashflow From Financing | -19.6% | -129 | -108 | 421 | -104 | -78.90 | -121 | -59.30 | 1,385 | -990 | -643 | -89.10 | -2,792 | -95.70 | -117 | -296 | -429 | -61.70 | -131 | -70.30 | -1,507 | 247 |
Dividend Payments | 0% | 59.00 | 59.00 | 59.00 | 59.00 | - | - | - | 59.00 | - | - | - | 2,695 | - | - | - | - | - | - | - | - | - |
Consolidated Statements of Comprehensive Income - USD ($) shares in Millions, $ in Millions | 12 Months Ended | ||||
---|---|---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |||
Revenues | |||||
Net premiums earned | $ 58,664.4 | $ 49,241.2 | $ 44,368.7 | ||
Investment income | 1,891.8 | 1,260.3 | 860.9 | ||
Net realized gains (losses) on securities: | |||||
Net realized gains (losses) on security sales | 13.7 | 196.5 | 614.3 | ||
Net holding period gains (losses) on securities | 348.4 | (2,100.1) | 899.9 | ||
Net impairment losses recognized in earnings | (9.0) | (8.6) | (5.0) | ||
Total net realized gains (losses) on securities | 353.1 | (1,912.2) | 1,509.2 | ||
Fees and other revenues | 889.1 | 722.1 | 691.8 | ||
Service revenues | 310.1 | 299.3 | 271.4 | ||
Total revenues | 62,108.5 | 49,610.7 | 47,702.0 | ||
Expenses | |||||
Losses and loss adjustment expenses | 45,654.6 | 38,122.7 | 33,627.6 | ||
Policy acquisition costs | 4,665.1 | 3,917.0 | 3,712.8 | ||
Other underwriting expenses | 6,241.5 | 5,859.6 | 5,654.7 | ||
Investment expenses | 26.2 | 24.3 | 25.5 | ||
Service expenses | 349.0 | 296.7 | 252.8 | ||
Interest expense | 268.4 | 243.5 | 218.6 | ||
Goodwill impairment | 0.0 | 224.8 | 0.0 | ||
Total expenses | 57,204.8 | 48,688.6 | 43,492.0 | ||
Net Income | |||||
Income before income taxes | 4,903.7 | 922.1 | 4,210.0 | ||
Provision for income taxes | 1,001.3 | 200.6 | 859.1 | ||
Net income | 3,902.4 | 721.5 | 3,350.9 | ||
Changes in: | |||||
Total net unrealized gains (losses) on fixed-maturity securities | 1,185.5 | (2,842.5) | (891.1) | ||
Net unrealized losses on forecasted transactions | 0.5 | 0.4 | 0.7 | ||
Foreign currency translation adjustment | 0.3 | (0.6) | (0.6) | ||
Other comprehensive income (loss) | 1,186.3 | (2,842.7) | (891.0) | ||
Comprehensive income (loss) | 5,088.7 | (2,121.2) | 2,459.9 | ||
Computation of Earnings Per Common Share | |||||
Net income | 3,902.4 | 721.5 | 3,350.9 | ||
Less: Preferred share dividends | [1] | 37.6 | 26.9 | 26.9 | |
Net income available to common shareholders | $ 3,864.8 | $ 694.6 | $ 3,324.0 | ||
Average common shares outstanding - Basic | 584.9 | 584.4 | 584.5 | ||
Net effect of dilutive stock-based compensation | 2.6 | 2.7 | 2.6 | ||
Total average equivalent common shares - Diluted | 587.5 | 587.1 | 587.1 | ||
Basic: Earnings per share (usd per share) | $ 6.61 | $ 1.19 | $ 5.69 | ||
Diluted: Earnings per share (usd per share) | $ 6.58 | $ 1.18 | $ 5.66 | ||
|
Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2023 | Dec. 31, 2022 | ||||
---|---|---|---|---|---|---|
Available-for-sale securities, at fair value: | ||||||
Fixed maturities (amortized cost: $62,441.9 and $50,264.0) | $ 60,378.2 | $ 46,651.9 | ||||
Short-term investments (amortized cost: $1,789.9 and $2,861.7) | 1,789.9 | 2,861.7 | ||||
Total available-for-sale securities | 62,168.1 | 49,513.6 | ||||
Equity securities, at fair value: | ||||||
Nonredeemable preferred stocks (cost: $977.1 and $1,364.2) | 902.1 | 1,213.2 | ||||
Common equities (cost: $706.0 and $826.1) | 2,928.4 | 2,821.5 | ||||
Total equity securities | 3,830.5 | 4,034.7 | ||||
Total investments | 65,998.6 | 53,548.3 | ||||
Cash and cash equivalents | 84.9 | 203.5 | ||||
Restricted cash and cash equivalents | 14.7 | 17.4 | ||||
Total cash, cash equivalents, restricted cash, and restricted cash equivalents | 99.6 | 220.9 | ||||
Accrued investment income | 438.0 | 282.5 | ||||
Premiums receivable, net of allowance for credit losses of $369.1 and $343.3 | 11,958.2 | 10,416.9 | ||||
Reinsurance recoverables | 5,093.9 | 5,832.1 | ||||
Prepaid reinsurance premiums | 249.8 | 295.5 | ||||
Deferred acquisition costs | 1,687.4 | 1,544.4 | ||||
Property and equipment, net of accumulated depreciation of $1,655.1 and $1,551.1 | 880.8 | 1,034.0 | ||||
Net federal deferred income taxes | 936.0 | 1,131.5 | ||||
Other assets | 1,348.5 | 1,158.9 | ||||
Total assets | 88,690.8 | 75,465.0 | ||||
Liabilities | ||||||
Unearned premiums | 20,133.7 | 17,293.6 | ||||
Loss and loss adjustment expense reserves | 34,389.2 | 30,359.3 | ||||
Accounts payable, accrued expenses, and other liabilities | [1] | 7,002.2 | 5,532.8 | |||
Debt | [2] | 6,888.6 | 6,388.3 | |||
Total liabilities | 68,413.7 | 59,574.0 | ||||
Shareholders' Equity | ||||||
Serial Preferred Shares, Series B, no par value (cumulative, liquidation preference of $1,000 per share) (authorized, issued, and outstanding 0.5) | 493.9 | 493.9 | ||||
Common shares, $1.00 par value (authorized 900.0; issued 797.6, including treasury shares of 212.3 and 212.7) | 585.3 | 584.9 | ||||
Paid-in capital | 2,013.1 | 1,893.0 | ||||
Retained earnings | 18,800.5 | 15,721.2 | ||||
Accumulated other comprehensive income (loss): | ||||||
Net unrealized gains (losses) on fixed-maturity securities | (1,600.8) | (2,786.3) | ||||
Net unrealized losses on forecasted transactions | (14.0) | (14.5) | ||||
Foreign currency translation adjustment | (0.9) | (1.2) | ||||
Total accumulated other comprehensive income (loss) | (1,615.7) | (2,802.0) | ||||
Total shareholders’ equity | 20,277.1 | 15,891.0 | ||||
Total liabilities and shareholders’ equity | $ 88,690.8 | $ 75,465.0 | ||||
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