Progressive (PGR) Reports May 2025 Results

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June 18, 2025 8:25 AM EDT

The Progressive Corporation (NYSE: PGR) today reported the following results for the month ended May 31, 2025:

May
(millions, except per share amounts and ratios; unaudited) 2025 2024 Change
Net premiums written$6,634 $5,975 11 %
Net premiums earned$6,715 $5,857 15 %
Net income$1,065 $235 353 %
Per share available to common shareholders$1.81 $0.40 352 %
Total pretax net realized gains (losses) on securities$211 $118 79 %
Combined ratio 86.9 100.4 (13.5)pts.
Average diluted equivalent common shares 587.7 587.4 0 %

May 31,
(thousands; unaudited)2025 2024 % Change
Policies in Force
Personal Lines
Agency – auto10,341 8,869 17
Direct – auto15,089 12,383 22
Special lines6,787 6,248 9
Property3,601 3,305 9
Total Personal Lines35,818 30,805 16
Commercial Lines1,184 1,114 6
Companywide37,002 31,919 16


See Progressive’s complete monthly earnings release, including the “Monthly Commentary,” for additional information.


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