Progressive Casualty Insurance is an insurance holding company. It provides personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services. The company also supports insurance and investment operations. In addition, it sells personal auto physical damage and auto property damage liability insurance.
Type | Public | |
Founded | 1937 | |
HQ | Mayfield, OH, US | Map |
Website | progressive.com | |
Employee Ratings | More | |
Overall Culture | A+ | More |
USD | |
---|---|
Revenue (FY, 2020) | 42.7b |
Net income (FY, 2020) | 5.7b |
Market capitalization (2-Mar-2021) | 52.0b |
Closing stock price (2-Mar-2021) | 88.7 |
Cash (30-Sept-2020) | 90.1m |
USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 6.3b | 6.6b | 6.8b | 7430.1t | 8018.0t | 8495.8t | 9.3b | 9.5b | 9.5b | 9.3b | 11.0b | 10.9b |
Cost of goods sold | 4.3b | 4.6b | 5.1b | 4870.8t | 5375.3t | 5523.1t | 5.8b | 6.1b | 6.4b | 6.2b | 5.3b | |
Gross profit | 2.1b | 2.0b | 1.7b | 2559.3t | 2642.7t | 2972.7t | 3.5b | 3.3b | 3.1b | 3.2b | 5.7b | |
Gross profit Margin, % | 33% | 30% | 26% | 34% | 33% | 35% | 38% | 35% | 33% | 34% | 51% |
USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 430.3m | 803.0m | 1.0b | 729.8m | 1.4b | 2.4b | 1.1b | 2.1b | 2.9b | 699.1m | 2.5b | 4.0b |
Depreciation and Amortization | 56.5m | 115.0m | 174.9m | 58.9m | 122.6m | 187.8m | 70.5m | 150.5m | 222.7m | 77.1m | 158.9m | 244.0m |
Accounts Payable | 137.4m | 430.2m | 622.1m | 283.2m | 700.4m | 1.0b | 291.5m | 605.8m | 920.5m | (189.9m) | (2.0m) | 319.7m |
Cash From Operating Activities | 1.1b | 2.0b | 3.2b | 1.7b | 3.5b | 5.2b | 1.9b | 3.4b | 5.1b | 1.6b | 3.9b | 5.4b |
USD | FY, 2016 |
---|---|
Revenue/Employee | 739.0k |
Debt/Equity | 0.4 x |
Debt/Assets | 0.1 x |
Financial Leverage | 4.2 x |
Company Name | Date | Deal Size |
---|---|---|
ARX Holding Corp. | April 01, 2015 | $875 m |
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Progressive Insurance revenue breakdown by business segment: 83.5% from Personal Lines, 12.2% from Commercial Lines and 4.3% from Other
Progressive Insurance has 74.68k Twitter Followers. The number of followers has decreased 0.4% month over month and increased 4.6% quarter over quarter
23k
Tweets
7.3k
Following
74.7k
Followers
61
Tweets last 30 days
6.5
Avg. likes per Tweet
82%
Tweets with engagement
A+
94/100
A+
100/100
A+
95/100
When was Progressive Insurance founded?
Progressive Insurance was founded in 1937.
Who are Progressive Insurance key executives?
Progressive Insurance's key executives are Tricia Griffith, Karen Bailo and Steve Broz.
How many employees does Progressive Insurance have?
Progressive Insurance has 41,571 employees.
What is Progressive Insurance revenue?
Latest Progressive Insurance annual revenue is $42.7 b.
What is Progressive Insurance revenue per employee?
Latest Progressive Insurance revenue per employee is $1 m.
Who are Progressive Insurance competitors?
Competitors of Progressive Insurance include Liberty Mutual Insurance, Berkshire Hathaway and State Farm.
Where is Progressive Insurance headquarters?
Progressive Insurance headquarters is located at 6300 Wilson Mills Rd, Mayfield.
Where are Progressive Insurance offices?
Progressive Insurance has offices in Mayfield, Austin, Colorado Springs, Highland Heights and in 5 other locations.
How many offices does Progressive Insurance have?
Progressive Insurance has 16 offices.
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