Progressive March 2025 EPS $0.89 Down From $1.52 YoY; Net Premiums Written $9.041B, Up 17% YoY

Benzinga

Apr 16, 2025

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

March										Quarter
(millions, except per share amounts and ratios; unaudited)	2025	2024	Change			2025	2024	Change
Net premiums written	$	9,041	$	7,746	17	%	$	22,206	$	18,962	17	%
Net premiums earned	$	6,787	$	5,634	20	%	$	19,409	$	16,149	20	%
Net income	$	522	$	893	(42	)	%	$	2,567	$	2,331	10	%
Per share available to common shareholders	$	0.89	$	1.52	(42	)	%	$	4.37	$	3.94	11	%
Total pretax net realized gains (losses) on securities	$	(211	)	$	59	(458	)	%	$	(212	)	$	156	(236	)	%
Combined ratio	90.9	84.3	6.6	pts.	86.0	86.1	(0.1	)	pts.
Average diluted equivalent common shares	587.7	587.4	0	%	587.7	587.3	0	%

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unaudited)</td><td>2025</td><td>2024</td><td colspan=\"3\">Change</td><td>2025</td><td>2024</td><td colspan=\"3\">Change</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net premiums written</td><td>$</td><td>9,041</td><td>$</td><td>7,746</td><td>17</td><td>%</td><td>$</td><td>22,206</td><td>$</td><td>18,962</td><td>17</td><td>%</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net premiums earned</td><td>$</td><td>6,787</td><td>$</td><td>5,634</td><td>20</td><td>%</td><td>$</td><td>19,409</td><td>$</td><td>16,149</td><td>20</td><td>%</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income</td><td>$</td><td>522</td><td>$</td><td>893</td><td>(42</td><td>)</td><td>%</td><td>$</td><td>2,567</td><td>$</td><td>2,331</td><td>10</td><td>%</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Per share available to common shareholders</td><td>$</td><td>0.89</td><td>$</td><td>1.52</td><td>(42</td><td>)</td><td>%</td><td>$</td><td>4.37</td><td>$</td><td>3.94</td><td>11</td><td>%</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Total pretax net realized gains (losses) on securities</td><td>$</td><td>(211</td><td>)</td><td>$</td><td>59</td><td>(458</td><td>)</td><td>%</td><td>$</td><td>(212</td><td>)</td><td>$</td><td>156</td><td>(236</td><td>)</td><td>%</td><td> </td><td> </td><td> </td></tr><tr><td>Combined ratio</td><td>90.9</td><td>84.3</td><td>6.6</td><td>pts.</td><td>86.0</td><td>86.1</td><td>(0.1</td><td>)</td><td>pts.</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Average diluted equivalent common shares</td><td>587.7</td><td>587.4</td><td>0</td><td>%</td><td>587.7</td><td>587.3</td><td>0</td><td>%</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr></tbody></table></figure></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nProgressive March 2025 EPS $0.89 Down From $1.52 YoY; Net Premiums Written $9.041B, Up 17% YoY\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2025-04-16 20:23</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>The Progressive Corporation (NYSE:PGR) today reported the following results for the month and quarter ended March 31, 2025:</p><figure><table><tbody><tr><td colspan=\"10\">March</td><td colspan=\"10\">Quarter</td></tr><tr><td>(millions, except per share amounts and ratios; unaudited)</td><td>2025</td><td>2024</td><td colspan=\"3\">Change</td><td>2025</td><td>2024</td><td colspan=\"3\">Change</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net premiums written</td><td>$</td><td>9,041</td><td>$</td><td>7,746</td><td>17</td><td>%</td><td>$</td><td>22,206</td><td>$</td><td>18,962</td><td>17</td><td>%</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net premiums earned</td><td>$</td><td>6,787</td><td>$</td><td>5,634</td><td>20</td><td>%</td><td>$</td><td>19,409</td><td>$</td><td>16,149</td><td>20</td><td>%</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Net income</td><td>$</td><td>522</td><td>$</td><td>893</td><td>(42</td><td>)</td><td>%</td><td>$</td><td>2,567</td><td>$</td><td>2,331</td><td>10</td><td>%</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Per share available to common shareholders</td><td>$</td><td>0.89</td><td>$</td><td>1.52</td><td>(42</td><td>)</td><td>%</td><td>$</td><td>4.37</td><td>$</td><td>3.94</td><td>11</td><td>%</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Total pretax net realized gains (losses) on securities</td><td>$</td><td>(211</td><td>)</td><td>$</td><td>59</td><td>(458</td><td>)</td><td>%</td><td>$</td><td>(212</td><td>)</td><td>$</td><td>156</td><td>(236</td><td>)</td><td>%</td><td> </td><td> </td><td> </td></tr><tr><td>Combined ratio</td><td>90.9</td><td>84.3</td><td>6.6</td><td>pts.</td><td>86.0</td><td>86.1</td><td>(0.1</td><td>)</td><td>pts.</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr><tr><td>Average diluted equivalent common shares</td><td>587.7</td><td>587.4</td><td>0</td><td>%</td><td>587.7</td><td>587.3</td><td>0</td><td>%</td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td><td> </td></tr></tbody></table></figure></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PGR","symbol_name":"美国前进保险公司","start_time":0,"source_url":"https://www.benzinga.com/news/earnings/25/04/44836178/progressive-march-2025-eps-0-89-down-from-1-52-yoy-net-premiums-written-9-041b-up-17-yoy","article_id":"2527216115","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2527216115","pubTimestamp":1744806213,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"The Progressive Corporation (NYSE:PGR) today reported the following results for the month and quarter ended March 31, 2025:MarchQuarter(millions, except per share amounts and ratios;","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"PGR":"美国前进保险公司"},"translate_title":"Progressive 2025年3月每股收益从同比1.52美元下降0.89美元；净承保保费$9.041 B，同比增长17%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PGR":1},"content_text":"The Progressive Corporation (NYSE:PGR) today reported the following results for the month and quarter ended March 31, 2025:MarchQuarter(millions, except per share amounts and ratios; unaudited)20252024Change20252024Change         Net premiums written$9,041$7,74617%$22,206$18,96217%       Net premiums earned$6,787$5,63420%$19,409$16,14920%       Net income$522$893(42)%$2,567$2,33110%      Per share available to common shareholders$0.89$1.52(42)%$4.37$3.9411%      Total pretax net realized gains (losses) on securities$(211)$59(458)%$(212)$156(236)%   Combined ratio90.984.36.6pts.86.086.1(0.1)pts.          Average diluted equivalent common shares587.7587.40%587.7587.30%","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"express","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}