---
schema_version: "secwatch.filing_event.v1"
accession: "0000080661-25-000142"
form_type: "8-K"
ticker: "PGR"
cik: "0000080661"
company_name: "PROGRESSIVE CORP/OH/"
filed_at: "2025-12-17T23:59:59+00:00"
generated_at: "2026-05-16T12:58:59.897336+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Progressive November net income down 5% to $958M; combined ratio 87.1 vs 85.6

## Summary
- Net premiums written $6.19B, +11% YoY; net premiums earned $6.89B, +14%.
- Diluted EPS $1.63 vs $1.71, -5%; total pretax realized gains fell 82% to $32M.
- Combined ratio 87.1, worsened 1.5 pts from 85.6; loss/LAE ratio 66.0.
- Policies in force 38.4M, +11% YoY; Personal Lines agency auto +10%, direct auto +14%.
- Board declared annual dividend of $13.50/share and quarterly $0.10, payable Jan 8, 2026.

## SEC filing metadata
- accession: 0000080661-25-000142
- form_type: 8-K
- ticker: PGR
- cik: 0000080661
- company_name: PROGRESSIVE CORP/OH/
- filed_at: 2025-12-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/80661/000008066125000142/0000080661-25-000142-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/80661/000008066125000142/pgr-20251217.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000080661-25-000142
- JSON: https://secwatch.observer/filing/0000080661-25-000142.json
- Plain text: https://secwatch.observer/filing/0000080661-25-000142.txt

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