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PROGRESSIVE CORP OH (PGR)

For the quarter ending 2025-06-30, PGR made $22,004,000K in revenue. $3,175,000K in net income. Net profit margin of 14.43%.

Overview

Revenue
$22,004,000K
Net Income
$3,175,000K
Net Profit Margin
14.43%
EPS
$5.4
Unit: Thousand (K) dollars
Revenue Breakdown
    • Net premiums earned
    • Investment income
    • Equity securities
    • Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Total revenues22,004,000 20,409,000 19,719,000 18,134,300
Losses and loss adjustment expenses13,605,000 12,804,000 12,510,300 12,595,300
Other underwriting expenses2,689,000 2,719,000 2,669,900 2,179,800
Investment expenses9,000 7,000 7,200 7,300
Interest expense69,000 70,000 69,900 69,600
Policy acquisition costs1,511,000 1,456,000 1,390,200 1,307,600
Service expenses139,000 117,000 126,700 114,300
Total expenses18,022,000 17,173,000 16,774,200 16,273,900
Income before income taxes3,982,000 3,236,000 2,944,800 1,860,400
Provision for income taxes807,000 669,000 611,400 401,700
Net income3,175,000 2,567,000 2,333,400 1,458,700
Less preferred share dividends and other- - - -
Net income available to common shareholders3,175,000 2,567,000 2,333,400 1,458,700
Average common shares outstanding - basic (in shares)586,200,000 586,000,000 585,600,000 585,400,000
Basic earnings per common shares (in dollars per share)5.42 4.38 3.98 2.49
Diluted earnings per common share (in dollars per share)5.4 4.37 3.97 2.48
Total average equivalent common shares - diluted (in shares)587,800,000 587,700,000 587,600,000 587,400,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Equity securities$357,000K Hybrid securities$11,000K Net realized gains(losses) on security...$19,000K (108.39%↑ Y/Y)Net holding periodgains (losses) on...$368,000K (267.63%↑ Y/Y)Fees and otherrevenues$303,000K (16.63%↑ Y/Y)Service revenues$133,000K (25.12%↑ Y/Y)Total net realizedgains (losses) on...$387,000K (406.41%↑ Y/Y)Investment income$871,000K (27.15%↑ Y/Y)Net premiums earned$20,310,000K Total revenues$22,004,000K (21.34%↑ Y/Y)Income before incometaxes$3,982,000K (114.04%↑ Y/Y)Total expenses$18,022,000K (10.74%↑ Y/Y)Net income$3,175,000K (117.66%↑ Y/Y)Provision for income taxes$807,000K (100.90%↑ Y/Y)Service expenses$139,000K (21.61%↑ Y/Y)Policy acquisitioncosts$1,511,000K (15.56%↑ Y/Y)Interest expense$69,000K (-0.86%↓ Y/Y)Investment expenses$9,000K (23.29%↑ Y/Y)Other underwritingexpenses$2,689,000K (23.36%↑ Y/Y)Losses and lossadjustment expenses$13,605,000K (8.02%↑ Y/Y)Net incomeavailable to common...$3,175,000K (117.66%↑ Y/Y)