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.

Company Growth (employees)
Mayfield Village, US
Size (employees)
31,721 (est)
Progressive was founded in 1937 and is headquartered in Mayfield Village, US

Key People/Management at Progressive

Glenn M. Renwick

Glenn M. Renwick

President and Chief Executive Officer
John Sauerland

John Sauerland

Chief Financial Officer
Tricia Griffith

Tricia Griffith

Chief Operating Officer
Jeff Charney

Jeff Charney

Chief Marketing Officer
Chuck Jarrett

Chuck Jarrett

Chief Legal Officer

Progressive Office Locations

Progressive has offices in Mayfield Village, Akron, Dallas, Irvine and in 162 other locations
Mayfield Village, US (HQ)
6300 Wilson Mills Rd.
Show all (166)

Progressive Financials and Metrics

Progressive Financials

Progressive's revenue was reported to be $23.4 b in FY, 2016

Revenue (Q2, 2017)

6.6 b

Net income (Q2, 2017)

372.7 m

Market capitalization (11-Dec-2017)

32.1 b

Cash (30-Jun-2017)

161 m
Progressive's current market capitalization is $32.1 b.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


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

Revenue growth, %


Cost of goods sold

12.5 b13.3 b14.3 b16.9 b

Gross profit

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


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
USDFY, 2013FY, 2014FY, 2015FY, 2016


75.1 m108.4 m224.4 m211.5 m


447.6 m449.4 m

Total Assets

24.4 b25.8 b29.8 b33.4 b

Accounts Payable

33 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


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


18 b24.3 b26 b


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
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)
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)
USDY, 2017


208.2 k

Financial Leverage

4.1 x
Show all financial metrics

Progressive Market Value History

Progressive Revenue Breakdown

Progressive's Web-traffic and Trends

Progressive Online and Social Media Presence

Progressive News and Updates

Could this alternative to ‘free college’ work?

Increased federal support of high-quality occupational credentialing opportunities could be an alterative to a "free" four-year degree, proposes a new report from the Progressive Policy Institute (PPI). The report finds that federal support of such programs, including the extension of federal Pell g…

Always On: Don't Miss This 50-Hour Progressive Electronic Music Show

Always On, a livestream of electronic music from female, transgender, and non-binary artists, will be running for the next two days.

Construction Waste Management Market 2017: Global Analysis by Key Players – Enviro Serve, Remondis, Republic Service, Progressive Waste Solution

Wiseguyreports.Com Publish New Market Research Report On -“Construction Waste Management Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2017 - 2021” Posted via Industry Today. Follow us on Twitter @IndustryToday

Schumer Calls On NY’s Breakaway Democrats To Rejoin Mainstream Party Caucus

Activists had asked the U.S. Senate minority leader to speak up.

Progressive Community Organizer Prevails in New Orleans Mayoral Race

City Councilwoman LaToya Cantrell is the city’s first female mayor.

How the world has moved on without America, in just a year

During his dystopian inaugural speech, Donald Trump promised to end an era of “American carnage” with a “new decree”—that the US’s interests would be put…
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Progressive Company Life and Culture

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