The Progressive Overview
- Year Founded
-
1937
- Status
-
Public
- Employees
-
66,300
- Stock Symbol
-
PGR
- Investments
-
11
- Share Price
-
$265.45
- (As of Thursday Closing)
The Progressive General Information
Description
Progressive underwrites private and commercial auto insurance and specialty lines; it has almost 24 million personal auto policies in force and is one of the largest auto insurers in the United States. Progressive markets its policies through independent insurance agencies in the US and Canada and directly via the internet and telephone. Its premiums are split roughly equally between the agent and the direct channel. The company also offers commercial auto policies and entered homeowners insurance through an acquisition in 2015.
Contact Information
Website
www.progressive.comCorporate Office
- 6300 Wilson Mills Road
- Box W33
- Mayfield, OH 44143
- United States
Corporate Office
- 6300 Wilson Mills Road
- Box W33
- Mayfield, OH 44143
- United States
The Progressive Timeline
The Progressive Stock Performance
As of 17-Apr-2025, The Progressive’s stock price is $265.45. Its current market cap is $156B with 586M shares.
(As of Thursday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $265.45 | $275.13 | $201.34 - $292.99 | $156B | 586M | 3.27M | $14.87 |
The Progressive Financials Summary
As of 31-Mar-2025, The Progressive has a trailing 12-month revenue of $78.5B.
|
In Thousands, USD |
TTM 31-Mar-2025 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
|---|---|---|---|---|
| EV | 172,660,683 | 147,121,935 | 100,484,584 | 82,410,750 |
| Revenue | 78,508,200 | 75,343,000 | 62,083,000 | 49,587,000 |
| EBITDA | 11,276,000 | 5,457,000 | 1,472,000 | |
| Net Income | 8,715,600 | 8,480,000 | 3,903,000 | 722,000 |
| Total Assets | 111,409,000 | 105,745,000 | 88,691,000 | 75,465,000 |
| Total Debt | 6,894,000 | 6,893,000 | 6,889,000 | 6,388,300 |
The Progressive Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
The Progressive Comparisons
Industry
Financing
Details
The Progressive Competitors (38)
One of The Progressive’s 38 competitors is Allstate, a Corporation company based in Northbrook, IL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Allstate | Corporation | Northbrook, IL | ||||
| The Hanover Insurance Group | Corporation | Worcester, MA | ||||
| American Financial Group | Corporation | Cincinnati, OH | ||||
| Cincinnati Financial | Corporation | Fairfield, OH | ||||
| CAA South Central Ontario | Corporate Backed or Acquired | Thornhill, Canada |
The Progressive Patents
The Progressive Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-12002055-B1 | Adaptable processing framework | Active | 13-Sep-2023 | ||
| US-11722478-B1 | Multitiered interfacing architecture | Active | 05-Oct-2022 | ||
| US-12192191-B1 | Multitiered interfacing architecture | Active | 05-Oct-2022 | ||
| US-11288634-B1 | Resource management system | Active | 20-Aug-2020 | ||
| US-10997559-B1 | Resource management system | Active | 20-Aug-2020 | G06Q30/0185 |
The Progressive Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
The Progressive Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
The Progressive Investments & Acquisitions (11)
The Progressive’s most recent deal was a Grant with Kalsoni for . The deal was made on 15-Jul-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Kalsoni | 15-Jul-2023 | Grant | Clothing | ||
| Protective Insurance | 01-Jun-2021 | Merger/Acquisition | Insurance Brokers | ||
| Varo | 04-May-2020 | Later Stage VC | Other Commercial Banks | ||
| American Strategic Insurance | 01-Apr-2020 | Secondary Transaction - Private | Insurance Brokers | ||
| Motive (Hardware) | 23-Apr-2019 | Later Stage VC | Other Hardware |
The Progressive ESG
Risk Overview
Risk Rating
Updated March, 28, 2025
19.27 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,109
Rank
Percentile
Insurance
Industry
of 297
Rank
Percentile
Property and Casualty Insurance
Subindustry
of 84
Rank
Percentile
The Progressive Exits (1)
The Progressive’s most recent exit was on 08-Apr-2019 from Upstart Holdings. The exit was categorized as with 8 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Upstart Holdings | 08-Apr-2019 | Completed |
|
The Progressive Affiliates
Subsidiaries (3)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| American Strategic Insurance | Saint Petersburg, FL | 1997 | |
| Mountain Laurel Assurance Company | Cleveland, OH | 1991 | |
| Protective Insurance | Carmel, IN | 1930 |
The Progressive FAQs
-
When was The Progressive founded?
The Progressive was founded in 1937.
-
Where is The Progressive headquartered?
The Progressive is headquartered in Mayfield, OH.
-
What is the size of The Progressive?
The Progressive has 66,300 total employees.
-
What industry is The Progressive in?
The Progressive’s primary industry is Automotive Insurance.
-
Is The Progressive a private or public company?
The Progressive is a Public company.
-
What is The Progressive’s stock symbol?
The ticker symbol for The Progressive is PGR.
-
What is the current stock price of The Progressive?
As of 17-Apr-2025 the stock price of The Progressive is $265.45.
-
What is the current market cap of The Progressive?
The current market capitalization of The Progressive is $156B.
-
What is The Progressive’s current revenue?
The trailing twelve month revenue for The Progressive is $78.5B.
-
Who are The Progressive’s competitors?
Allstate, The Hanover Insurance Group, American Financial Group, Cincinnati Financial, and CAA South Central Ontario are some of the 38 competitors of The Progressive.
-
What is The Progressive’s annual earnings per share (EPS)?
The Progressive’s EPS for 12 months was $14.87.
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