The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended November 30, 2024:
| November | ||||||||
| (millions, except per share amounts and ratios; unaudited) | 2024 | 2023 | Change | |||||
| Net premiums written | $ | 5,563.3 | $ | 4,725.1 | 18 | % | ||
| Net premiums earned | $ | 6,040.4 | $ | 5,079.0 | 19 | % | ||
| Net income | $ | 1,005.8 | $ | 680.6 | 48 | % | ||
| Per share available to common shareholders | $ | 1.71 | $ | 1.15 | 48 | % | ||
| Total pretax net realized gains (losses) on securities | $ | 175.7 | $ | 246.5 | (29 | ) | % | |
| Combined ratio | 85.6 | 91.1 | (5.5 | ) | pts. | |||
| Average diluted equivalent common shares | 587.7 | 587.6 | 0 | % | ||||
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