227.52
-0.11%
Close of 9 Nov 2026, in USD
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About Progressive
From its filings with the US Securities and Exchange Commission
Progressive is based in Mayfield Village, Ohio and is incorporated in Ohio. Its shares trade on NYSE under the ticker PGR. It is a member of the S&P 500. The SEC classifies its business as fire, marine & casualty insurance. In the fiscal year to 31 December 2025, it reported revenue of $87.67bn and net income of $11.31bn. At that date it held total assets of $123.04bn and shareholders' equity of $30.32bn.
Progressive’s vision is to become consumers’, agents’, and business owners’ number one destination for insurance and other financial needs. Progressive’s four strategic pillars of people and culture, broad needs of our customers, leading brand, and competitive prices serve as the foundation of how we will achieve our vision.
Our Chief Executive Officer (CEO) assesses performance and makes key operating decisions for our insurance, investment, and service operations and is supported by the following management team that oversees the business and corporate functions that support all areas of our organization.
Our insurance and claims organizations are generally managed on a state-by-state basis due to the nature of insurance, legal and regulatory requirements, and other local factors, and are supplemented by national operations and supported by our corporate functions. State-specific organizations typically report to a regional general manager, who then reports to the applicable group president. In California, we operate a separate agency auto organization with its own management and customer relationship management organization.
Quoted from its 10-K, filed 2 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Financials
- Industry
- Insurance
- Listed since
- 1 Jun 1987
- Employees
- 70,000
- Website
- progressive.com ↗
- Head office
- 300 NORTH COMMONS BLVD., MAYFIELD VILLAGE, OH, 44143
- Incorporated in
- OH
- Classification
- Fire, Marine & Casualty Insurance
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Ms. Lawton FittIndependent Chairperson of the Board$565,075
- Mrs. Susan GriffithPresident, Chief Executive Officer, Director, since 2002$16.4m
- Mr. John SauerlandChief Financial Officer, Vice President$5.5m
- Ms. Karen BailoPresident - Commercial Lines$3.7m
- Mr. Patrick CallahanPresident - Personal Lines, since 2015$5.0m
- Mr. John MurphyClaims President, since 2021$3.2m
- Ms. Lori NiederstCustomer Relationship Management President, since 2021
- Mr. William ClawsonChief Human Resources Officer
- Mr. Carl G. JoyceChief Accounting Officer, Vice President
- Mr. Jonathan BauerChief Investment Officer, since 2020
- Mr. Steven BrozChief Information Officer, since 2016
- Mr. David StringerVice President, Secretary, Chief Legal Officer
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 46
- Environment
- 7
- Social
- 56
- Governance
- 75
- Direct emissions (scope 1)
- 31,662 t
- Energy emissions (scope 2)
- 42,849 t
- Women in the workforce
- 60%
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Progressive Corp is one of the leading insurance companies in the United States, possessing several strengths that contribute to its success. These strengths include:
Weaknesses
- Despite its strengths, Progressive Corp also faces certain weaknesses that could pose challenges to its growth and competitiveness. These weaknesses include:
Opportunities
- Progressive Corp can leverage various opportunities to further enhance its position in the insurance industry. Some potential opportunities include:
Threats
- Like any other company, Progressive Corp faces certain threats that could impact its performance and market position. These threats include:
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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