Progressive Reports June 2025 Results
Progressive Corporation (NYSE:PGR) has reported strong financial results for June 2025, with significant growth across key metrics. Net income surged 40% to $1.124 billion in June 2025, compared to $803 million in June 2024, while quarterly net income more than doubled with a 118% increase to $3.175 billion.
The company maintained solid operational efficiency with a combined ratio of 86.6% in June 2025, nearly flat from 86.2% the previous year. Net premiums written increased 15% to $6.605 billion for the month, while net premiums earned grew 20% to $6.954 billion.
Progressive's total policies in force grew 15% year-over-year to 37.315 million, with particularly strong growth in Direct auto policies (21% increase) and Agency auto policies (16% increase).
Progressive Corporation (NYSE:PGR) ha registrato risultati finanziari robusti per giugno 2025, con una crescita significativa nei principali indicatori. L'utile netto è aumentato del 40% raggiungendo 1,124 miliardi di dollari a giugno 2025, rispetto a 803 milioni di dollari a giugno 2024, mentre l'utile netto trimestrale è più che raddoppiato con un incremento del 118% a 3,175 miliardi di dollari.
L'azienda ha mantenuto una solida efficienza operativa con un indice combinato del 86,6% a giugno 2025, quasi stabile rispetto all'86,2% dell'anno precedente. I premi netti sottoscritti sono aumentati del 15% a 6,605 miliardi di dollari nel mese, mentre i premi netti guadagnati sono cresciuti del 20% a 6,954 miliardi di dollari.
Il totale delle polizze in vigore di Progressive è cresciuto del 15% su base annua raggiungendo 37,315 milioni, con una crescita particolarmente forte nelle polizze auto dirette (incremento del 21%) e nelle polizze auto tramite agenzia (incremento del 16%).
Progressive Corporation (NYSE:PGR) ha reportado resultados financieros sólidos para junio de 2025, con un crecimiento significativo en métricas clave. El ingreso neto aumentó un 40% hasta 1,124 millones de dólares en junio de 2025, en comparación con 803 millones en junio de 2024, mientras que el ingreso neto trimestral más que se duplicó con un aumento del 118% hasta 3,175 millones de dólares.
La compañía mantuvo una sólida eficiencia operativa con un índice combinado del 86.6% en junio de 2025, casi estable respecto al 86.2% del año anterior. Las primas netas emitidas aumentaron un 15% hasta 6,605 millones de dólares durante el mes, mientras que las primas netas devengadas crecieron un 20% hasta 6,954 millones de dólares.
Las pólizas totales en vigor de Progressive crecieron un 15% interanual hasta 37.315 millones, con un crecimiento especialmente fuerte en pólizas de autos directas (aumento del 21%) y pólizas de autos por agencia (aumento del 16%).
Progressive Corporation (NYSE:PGR)는 2025년 6월에 주요 지표 전반에서 상당한 성장을 보이며 강력한 재무 실적을 보고했습니다. 2025년 6월 순이익은 2024년 6월 8억 3천만 달러에서 40% 증가한 11억 2,400만 달러를 기록했으며, 분기 순이익은 118% 증가한 31억 7,500만 달러로 두 배 이상 늘어났습니다.
회사는 2025년 6월 결합비율을 86.6%로 유지하며 전년도의 86.2%와 거의 동일한 견고한 운영 효율성을 보였습니다. 순보험료 인수액은 15% 증가한 66억 500만 달러를 기록했고, 순보험료 수익은 20% 증가한 69억 5,400만 달러에 달했습니다.
Progressive의 총 보험 계약 수는 전년 대비 15% 증가한 3,731만 5천 건으로, 특히 직접 자동차 보험 계약이 21% 증가했고 대리점 자동차 보험 계약도 16% 증가하는 등 강한 성장을 보였습니다.
Progressive Corporation (NYSE:PGR) a publié de solides résultats financiers pour juin 2025, avec une croissance significative sur les principaux indicateurs. Le bénéfice net a augmenté de 40% pour atteindre 1,124 milliard de dollars en juin 2025, contre 803 millions en juin 2024, tandis que le bénéfice net trimestriel a plus que doublé avec une hausse de 118% à 3,175 milliards de dollars.
L'entreprise a maintenu une solide efficacité opérationnelle avec un ratio combiné de 86,6% en juin 2025, presque stable par rapport à 86,2% l'année précédente. Les primes nettes souscrites ont augmenté de 15% à 6,605 milliards de dollars pour le mois, tandis que les primes nettes acquises ont progressé de 20% à 6,954 milliards de dollars.
Le nombre total de polices en vigueur chez Progressive a augmenté de 15% en glissement annuel pour atteindre 37,315 millions, avec une croissance particulièrement forte des polices auto directes (augmentation de 21%) et des polices auto en agence (augmentation de 16%).
Progressive Corporation (NYSE:PGR) hat für Juni 2025 starke Finanzergebnisse gemeldet, mit signifikantem Wachstum in wichtigen Kennzahlen. Der Nettogewinn stieg im Juni 2025 um 40% auf 1,124 Milliarden US-Dollar im Vergleich zu 803 Millionen US-Dollar im Juni 2024, während der Quartalsnettogewinn mit einem Anstieg von 118% auf 3,175 Milliarden US-Dollar mehr als verdoppelt wurde.
Das Unternehmen behielt eine solide operative Effizienz mit einer kombinierten Schaden-Kosten-Quote von 86,6% im Juni 2025 bei, nahezu unverändert gegenüber 86,2% im Vorjahr. Die abgegebenen Nettobeiträge stiegen um 15% auf 6,605 Milliarden US-Dollar im Monat, während die verdienten Nettobeiträge um 20% auf 6,954 Milliarden US-Dollar zunahmen.
Die Gesamtzahl der bei Progressive aktiven Policen wuchs im Jahresvergleich um 15% auf 37,315 Millionen, mit besonders starkem Wachstum bei Direkt-Autopolice (21% Zuwachs) und Agentur-Autopolice (16% Zuwachs).
- Net income increased 40% monthly and 118% quarterly year-over-year
- Net premiums written grew 15% to $6.605 billion
- Net premiums earned rose 20% to $6.954 billion
- Strong policy growth with Direct auto up 21% and Agency auto up 16%
- Excellent combined ratio of 86.6%, indicating strong underwriting profitability
- Realized gains on securities of $179 million in June 2025 versus $22 million in June 2024
- Slight deterioration in combined ratio by 0.4 percentage points compared to June 2024
- Slower growth in Commercial Lines at 6% compared to Personal Lines
Insights
Progressive delivered exceptional results with 40% monthly and 118% quarterly net income growth, driven by premium growth and improved underwriting profitability.
Progressive's June 2025 results demonstrate remarkable financial strength across all key metrics. Net premiums written increased
Policy growth tells an equally compelling story, with Personal Lines - Direct Auto showing the strongest expansion at
The
Progressive's results reflect both pricing discipline and operational efficiency during a period when many insurers struggle with inflation and claims severity. The company continues to leverage its direct-to-consumer channel effectively, with Direct Auto policies showing the strongest percentage growth. This channel typically delivers better loss ratios and lower acquisition costs than agency business, contributing to the overall profitability improvement.
MAYFIELD VILLAGE, OHIO, July 16, 2025 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month and quarter ended June 30, 2025:
| June | Quarter | |||||||||||||||
| (millions, except per share amounts and ratios; unaudited) | 2025 | 2024 | Change | 2025 | 2024 | Change | ||||||||||
| Net premiums written | $ | 6,605 | $ | 5,749 | 15 | % | $ | 20,076 | $ | 17,902 | 12 | % | ||||
| Net premiums earned | $ | 6,954 | $ | 5,777 | 20 | % | $ | 20,310 | $ | 17,209 | 18 | % | ||||
| Net income | $ | 1,124 | $ | 803 | 40 | % | $ | 3,175 | $ | 1,459 | 118 | % | ||||
| Per share available to common shareholders | $ | 1.91 | $ | 1.37 | 40 | % | $ | 5.40 | $ | 2.48 | 118 | % | ||||
| Total pretax net realized gains (losses) on securities | $ | 179 | $ | 22 | NM | $ | 387 | $ | (127) | (405) | % | |||||
| Combined ratio | 86.6 | 86.2 | 0.4 | pts. | 86.2 | 91.9 | (5.7) | pts. | ||||||||
| Average diluted equivalent common shares | 588.0 | 587.4 | 0 | % | 587.8 | 587.4 | 0 | % | ||||||||
| NM = Not Meaningful | ||||||||||||||||
| June 30, | |||||
| (thousands; unaudited) | 2025 | 2024 | % Change | ||
| Policies in Force | |||||
| Personal Lines | |||||
| Agency – auto | 10,423 | 8,965 | 16 | ||
| Direct – auto | 15,245 | 12,576 | 21 | ||
| Special lines | 6,850 | 6,312 | 9 | ||
| Property | 3,608 | 3,339 | 8 | ||
| Total Personal Lines | 36,126 | 31,192 | 16 | ||
| Commercial Lines | 1,189 | 1,118 | 6 | ||
| Companywide | 37,315 | 32,310 | 15 | ||
See Progressive’s complete monthly earnings release, including the “Monthly Commentary,” for additional information.
About Progressive
Progressive Insurance® makes it easy to understand, buy and use car insurance, home insurance, and other protection needs. Progressive offers choices so consumers can reach us however it’s most convenient for them — online at progressive.com, by phone at 1-800-PROGRESSIVE, via the Progressive mobile app, or in-person with a local agent.
Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is the second largest personal auto insurer in the country, a leading seller of commercial auto, motorcycle, and boat insurance, and one of the top 15 homeowners insurance carriers.
Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price®, Snapshot®, and HomeQuote Explorer®.
The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE: PGR.
Company Contact:
Douglas S. Constantine
(440) 395-3707
investor_relations@progressive.com
The Progressive Corporation
300 North Commons Blvd.
Mayfield Village, Ohio 44143
http://www.progressive.com
Download PDF: Progressive June 2025 Complete Earnings Release
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