---
schema_version: "secwatch.filing_event.v1"
accession: "0000080661-25-000015"
form_type: "8-K"
ticker: "PGR"
cik: "0000080661"
company_name: "PROGRESSIVE CORP/OH/"
filed_at: "2025-03-19T23:59:59+00:00"
generated_at: "2026-05-24T12:38:50.208353+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Progressive February net income $928M (+26% YoY); combined ratio 82.6% vs 86.8%

## Summary
- Net premiums written $6,684M (+17% YoY); net premiums earned $6,036M (+18%).
- Diluted EPS $1.58 vs $1.24; combined ratio improved 4.2 pts to 82.6%.
- Total policies in force 35.6 million (+18%); personal auto direct +25%, agency +18%.
- YTD Feb net income $2,045M vs $1,438M; diluted EPS $3.48 vs $2.42.
- Book value per share $48.48; trailing 12-month ROE 36.5%.

## SEC filing metadata
- accession: 0000080661-25-000015
- form_type: 8-K
- ticker: PGR
- cik: 0000080661
- company_name: PROGRESSIVE CORP/OH/
- filed_at: 2025-03-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/80661/000008066125000015/0000080661-25-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/80661/000008066125000015/pgr-20250319.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000080661-25-000015
- JSON: https://secwatch.observer/filing/0000080661-25-000015.json
- Plain text: https://secwatch.observer/filing/0000080661-25-000015.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.