earnings
confidence high
sentiment positive
materiality 0.55
Progressive Jan 2026: net income $1.16B, EPS $1.98, policies up 10% YoY
PROGRESSIVE CORP/OH/
2025-FY EPS
reported $19.23
vs consensus $4.46
▲ beat
(+331.5%)
- Net premiums written $6.7B (+4% YoY); net premiums earned $6.9B (+5%).
- Combined ratio 84.4 vs 84.1; catastrophe loss ratio 0.7%.
- Policies in force 38.9M (+10% YoY); Personal Lines direct auto +14%.
- Investment income $311M (+16%); book yield 4.2% vs 4.1%.
- CFO transition: Andrew Quigg to assume CFO role in July 2026.