earnings
confidence high
sentiment positive
materiality 0.60
Progressive reports October 2025 net income $846M, EPS $1.44; combined ratio improves to 89.7%
PROGRESSIVE CORP/OH/
2025-Q3 EPS
reported $14.21
vs consensus $5.09
▲ beat
(+179.3%)
- Net premiums written $7,002M (+6% YoY); net premiums earned $7,078M (+11% YoY).
- Net income $846M vs $408M in October 2024; diluted EPS $1.44, up 107%.
- Combined ratio 89.7% vs 94.1% a year ago, improving 4.4 pts.
- Personal Lines policies in force grew 12% to 37.2M; Direct auto up 16%.
- YTD net income $9.2B vs $6.5B; book value per share $62.00.