Progressive Earnings Reports

Progressive reported strong Q1 results with solid underwriting profitability and growth in premiums across both personal and commercial lines. While investment losses dragged on total income, the company still achieved EPS of $4.37 and Adjusted EPS of $4.66.

Progressive reported a net income of $942 million for December 2024, with a combined ratio of 84.1. The company experienced growth in net premiums written and earned, as well as policies in force across personal and commercial lines.

Progressive reported a substantial increase in net income and net premiums earned for the second quarter of 2024. Net income increased by 322% compared to the same period last year, driven by strong underwriting performance. Net premiums earned also saw a significant rise of 19%.

Progressive reported a net income of $2.33 billion for the first quarter of 2024, a substantial increase compared to $447.9 million in the same period last year. The company's combined ratio improved to 86.1, and net premiums written grew by 18% to $18.96 billion.

Progressive reported a strong Q4 2023, marked by substantial growth in net premiums written and earned, alongside a significant increase in net income. The combined ratio improved, reflecting enhanced underwriting profitability. The company's performance benefited from a decrease in personal auto incurred frequency.

Progressive Corporation reported a strong financial performance for September and the third quarter of 2023. Net premiums written increased by 22% for both September and the quarter. Net income saw a significant rise, reaching $369.3 million for September and $1,121.3 million for the third quarter, a substantial improvement compared to the previous year. The combined ratio improved significantly, indicating better underwriting profitability.

Progressive's Q2 2023 results showed a substantial increase in net income compared to the previous year, alongside growth in net premiums written and earned. However, the combined ratio exceeded 100, indicating underwriting losses.

Progressive reported a strong first quarter with a 43% increase in net income, driven by growth in net premiums written and earned. The combined ratio increased to 99.0, reflecting higher losses and loss adjustment expenses.

Progressive reported a net income of $5.8 million, or $0.01 per share, for December 2022. Net premiums earned were $4.03 billion, and the combined ratio was 93.3. The company's total assets were $75.465 billion.