The Progressive Corporation is an insurance holding company. The Company's insurance subsidiaries and affiliates provide personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services. Its vehicle insurance products protect the customers against losses due to physical damage to their motor vehicles, uninsured and underinsured bodily injury, and liability to others for personal injury or property damage arising out of the use of those vehicles. Progressive's residential property insurance products protect the customers against losses due to damages to their structure or possessions within the structure, as well as liability for accidents occurring in the structure or on the property. The Company'snon-insurance subsidiaries and affiliates generally support our insurance and investment operations.  Progressive also sells personal auto physical damage and auto property damage liability insurance in Australia.

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Type
Public
HQ
Mayfield Village, US
Founded
1937
Size (employees)
31,721 (est)
Progressive was founded in 1937 and is headquartered in Mayfield Village, US
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Key People/Management at Progressive

Tricia Griffith

Tricia Griffith

President and Chief Executive Officer
John Barbagallo

John Barbagallo

Commercial Lines President
Steve Broz

Steve Broz

Chief Information Officer
Pat Callahan

Pat Callahan

Personal Lines President
Jeff Charney

Jeff Charney

Chief Marketing Officer
Bill Cody

Bill Cody

Chief Investment Officer
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Progressive Office Locations

Progressive has offices in Culver City, Jersey, Mayfield Village, Silver Spring and in 162 other locations
Mayfield Village, US (HQ)
6300 Wilson Mills Rd.
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Progressive Financials and Metrics

Progressive Revenue

Progressive's revenue was reported to be $26.84 b in FY, 2017
USD

Market capitalization (18-Jul-2018)

35.2 b

Closing share price (18-Jul-2018)

60.4

Cash (31-Dec-2017)

265 m
Progressive's current market capitalization is $35.2 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

15.2 b15.8 b17.1 b18.2 b19.4 b20.9 b23.4 b26.8 b

Revenue growth, %

4%8%6%7%8%12%

Cost of goods sold

12.5 b13.3 b14.3 b16.9 b

Gross profit

5.7 b6.1 b6.5 b6.6 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

4.5 b4.7 b4.7 b4.8 b4.9 b5.3 b5.3 b5.6 b5.8 b5.9 b6.3 b6.6 b

Operating expense total

4.2 b4.2 b4.3 b4.3 b4.5 b4.8 b4.8 b5.2 b5.5 b5.7 b5.7 b6.1 b

Interest expense

30.4 m26.7 m29.6 m30.7 m32.5 m34.9 m34.5 m34.2 m34.3 m35.3 m36.8 m43.4 m

Pre tax profit

345 m481.8 m437.4 m441.8 m443.2 m525.3 m429 m387.4 m287.3 m258.5 m641.5 m554.6 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

75.1 m108.4 m224.4 m211.5 m265 m

Inventories

Goodwill

447.6 m449.4 m

Total Assets

24.4 b25.8 b29.8 b33.4 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

100.9 m96.7 m126.1 m90.6 m101.5 m263.8 m194.5 m209.9 m134.7 m143.4 m214.5 m161 m

Inventories

18 b24.3 b26 b

Goodwill

472.9 m446.4 m447.6 m449.4 m449.4 m449.4 m452.7 m

Total Assets

24.5 b24.3 b25.5 b25.9 b26.9 b29.3 b29.9 b30.7 b32 b33.6 b34.8 b36.7 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

1.2 b1.3 b1.3 b1.1 b

Depreciation and Amortization

137.4 m

Cash From Operating Activities

1.9 b1.7 b2.3 b2.7 b

Purchases of PP&E

(140.4 m)(108.1 m)(130.7 m)(215 m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

865.6 m321.3 m614.7 m910.8 m295.6 m258.7 m453.6 m659.1 m430.3 m803 m

Depreciation and Amortization

74.9 m22.8 m46.7 m71.8 m23.8 m49.7 m76.1 m27.5 m58.1 m94.6 m41 m115 m

Cash From Operating Activities

1.7 b660.6 m1 b1.7 b771.1 m1.4 b2.2 b824.5 m1.6 b2.3 b1.1 b2 b

Purchases of PP&E

(105.6 m)(16.2 m)(44.7 m)(73.6 m)(22.2 m)(53.6 m)(86.6 m)(54.3 m)(109.1 m)(162.1 m)(35 m)(73.2 m)
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Progressive Revenue Breakdown

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Progressive revenue breakdown by business segment: 100.0% from Direct

Progressive revenue breakdown by geographic segment: 100.0% from Agency

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Progressive Online and Social Media Presence

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Progressive News and Updates

Global Progressive Relapsing Multiple Sclerosis Treatment Sales Market Analysis, Size, Regional Outlook, Share, Trend, Growth, Analysis and Forecast Report 2025

qyresearchreports.net has Published New Research Report Title "Global Progressive Relapsing Multiple Sclerosis Treatment Sales Market Report 2018"Market Research report to their Database Posted via Industry Today. Follow us on Twitter @IndustryToday

Trump is too deceitful to be trusted with a hotel liquor license, according to this complaint

You have be a person of “good character” to sell booze in Washington, DC—and Donald Trump’s not up to snuff, according to a group of…

Barbara Lee’s Rise In The Democratic Party Would Be Another Coup For The Left

The California congresswoman would be the first black woman and the most progressive person in the party leadership.

4 More Progressive Women’s Campaigns to Watch

2018 election June 28, 2018 06/28/2018 12:29 pm 4 More Progressive Women’s Campaigns to Watch Share Share Tweet Pin It Group 8 Created with Sketch. Comment Since the 2016 election, there’s been much hand-wringing over what the future of the Democratic Party looks like. One recent victory may point t…

A Young Progressive Woman Beat One Of The Most Powerful Democrats In Congress

In a shocking upset, Alexandria Ocasio-Cortez won over Joe Crowley, who was considered a likely successor to Nancy Pelosi. View Entire Post ›

A Young Progressive Woman Just Beat One Of The Most Powerful Democrats In Congress

A Young Progressive Woman Just Beat One Of The Most Powerful Democrats In Congress View Entire Post ›
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Progressive Company Life and Culture

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