Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is the third largest auto insurer in the country, a leading seller of motorcycle and commercial auto insurance, and one of the top 15 homeowners insurance carriers.
Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price®, Snapshot®, and HomeQuote Explorer®.

Company profile
Ticker
PGR
Exchange
Website
CEO
Susan Griffith
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
ARX Holding Corp. • American Strategic Insurance Corp. • Ark Royal Underwriters, LLC • ASI Assurance Corp. • ASI Home Insurance Corp. • ASI Lloyds, Inc. • ASI Preferred Insurance Corp. • ASI Select Auto Insurance Corp. • ASI Select Insurance Corp. • ASI Underwriters Corp. ...
IRS number
340963169
PGR stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Progressive Reports February Results
15 Mar 23
8-K
Progressive Announces Quarterly Common Share Dividend and Appointment of Calculation Agent for Preferred Shares
7 Mar 23
10-K
2022 FY
Annual report
27 Feb 23
8-K
Progressive Reports January Results
15 Feb 23
8-K
Progressive Reports December Results
25 Jan 23
8-K
Progressive Announces Updated Loss Estimates
21 Dec 22
8-K
Progressive Reports November 2022 Results and Provides Dividend Information and 2023 Annual Meeting Dates
14 Dec 22
8-K
Progressive Reports October Results
16 Nov 22
S-8
Registration of securities for employees
3 Nov 22
10-Q
2022 Q3
Quarterly report
1 Nov 22
Transcripts
PGR
Earnings call transcript
2022 Q4
28 Feb 23
PGR
Earnings call transcript
2022 Q3
2 Nov 22
PGR
Earnings call transcript
2022 Q1
3 May 22
PGR
Earnings call transcript
2021 Q4
1 Mar 22
PGR
Earnings call transcript
2021 Q3
3 Nov 21
PGR
Earnings call transcript
2021 Q2
4 Aug 21
PGR
Earnings call transcript
2021 Q1
5 May 21
PGR
Earnings call transcript
2020 Q4
2 Mar 21
PGR
Earnings call transcript
2020 Q3
4 Nov 20
PGR
Earnings call transcript
2020 Q2
6 Aug 20
Latest ownership filings
4
Mariann Wojtkun Marshall
17 Mar 23
144
Notice of proposed sale of securities
16 Mar 23
11-K
Annual report of employee stock purchases
7 Mar 23
4
Daniel P Mascaro
28 Feb 23
4
Steven Broz
28 Feb 23
4
Susan Patricia Griffith
23 Feb 23
4
John P Sauerland
23 Feb 23
4
Jonathan S. Bauer
23 Feb 23
144
Notice of proposed sale of securities
22 Feb 23
SC 13G/A
VANGUARD GROUP INC
9 Feb 23
Financial summary
Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 220.90 mm | 220.90 mm | 220.90 mm | 220.90 mm | 220.90 mm | 220.90 mm |
Cash burn (monthly) | 48.13 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 127.46 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 93.44 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 1.9 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
13F holders | Current |
---|---|
Total holders | 1142 |
Opened positions | 161 |
Closed positions | 92 |
Increased positions | 394 |
Reduced positions | 427 |
13F shares | Current |
---|---|
Total value | 64.22 tn |
Total shares | 495.18 mm |
Total puts | 1.55 mm |
Total calls | 1.48 mm |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 50.56 mm | $6.56 tn |
BLK Blackrock | 43.45 mm | $5.64 tn |
JPM JPMorgan Chase & Co. | 26.13 mm | $3.38 tn |
STT State Street | 25.56 mm | $3.31 tn |
BAC Bank Of America | 19.22 mm | $2.49 tn |
Wellington Management | 18.54 mm | $2.40 tn |
Massachusetts Financial Services | 15.20 mm | $1.97 tn |
T. Rowe Price | 12.57 mm | $1.63 tn |
Geode Capital Management | 11.30 mm | $1.46 tn |
FMR | 9.35 mm | $1.21 tn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 Mar 23 | Marshall Mariann Wojtkun | Common Stock | Sell | Dispose S | No | No | 138.67 | 471.54 | 65.39 k | 3,981.015 |
24 Feb 23 | Broz Steven | Common Stock | Sell | Dispose S | No | Yes | 141.64 | 930 | 131.73 k | 29,111.262 |
24 Feb 23 | Mascaro Daniel P | Common Stock | Sell | Dispose S | No | Yes | 141.64 | 2,806 | 397.44 k | 36,082.322 |
21 Feb 23 | Bauer Jonathan S. | Common Stock | Payment of exercise | Dispose F | No | No | 142.38 | 3,023 | 430.41 k | 19,079.082 |
21 Feb 23 | Bauer Jonathan S. | Common Stock | Grant | Acquire A | No | No | 0 | 6,201.72 | 0.00 | 22,102.082 |
21 Feb 23 | Sauerland John P | Common Stock | Payment of exercise | Dispose F | No | No | 142.38 | 1,727 | 245.89 k | 345,507.393 |
21 Feb 23 | Sauerland John P | Common Stock | Grant | Acquire A | No | No | 0 | 3,840.196 | 0.00 | 347,234.393 |
News
$1000 Invested In This Stock 5 Years Ago Would Be Worth $2,200 Today
17 Mar 23
Benzinga's Top Ratings Upgrades, Downgrades For March 16, 2023
16 Mar 23
Expert Ratings for Progressive
16 Mar 23
Netflix To Rally Around 32%? Here Are 10 Other Analyst Forecasts For Thursday
16 Mar 23
Wells Fargo Upgrades Progressive to Overweight, Raises Price Target to $158
16 Mar 23
Press releases
Progressive Reports February 2023 Results
15 Mar 23
Progressive Announces Quarterly Common Share Dividend and Appointment of Calculation Agent for Preferred Shares
6 Mar 23
Thinking about trading options or stock in Wix.Com, Palo Alto Networks, Tesla, Progressive, or Apellis Pharmaceuticals?
22 Feb 23
Progressive Announces Investor Relations Event
21 Feb 23
Thinking about trading options or stock in Roku, Crocs, Apple, Cisco Systems, or Progressive?
16 Feb 23