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COMPANY BENCHMARKING • UNITED STATES

Progressive Corp - Company Profile

Access all 5,000+ company profiles through the Benchmarking Pro Membership. Unlock interactive competitor comparison tools that show you how Progressive Corp stacks up to the competition and put relevant competitor and industry information at your fingertips.


Progressive Corp - Overview

Brands
Progressive Casualty Insurance Company, Progressive Garden State Insurance Company, Progressive Investment Company, Inc., Progressive Marathon Insurance Company, Progressive Max Insurance Company, Progressive Michigan Insurance Company, Progressive Mountain Insurance Company, Progressive Northern Insurance Company, Progressive Northwestern Insurance Company, Progressive Paloverde Insurance Company, Progressive Preferred Insurance Company, Progressive Premier Insurance Company of Illinois, Progressive Premium Budget, Inc., Progressive RSC, Inc., Progressive Security Insurance Company, Progressive Select Insurance Company, Progressive Southeastern Insurance Company, Progressive Specialty Insurance Agency, Inc., Progressive Specialty Insurance Company, Progressive West Insurance Company
Description
Progressive is a public company headquartered in Ohio with an estimated 61,400 employees. In the US, the company has a notable market share in at least one industry: Commercial Auto Insurance, where they account for an estimated 16.6% of total industry revenue and are considered a Rising Star because they display lower market share, but displaying stronger profit and revenue growth than some of their peers.
Company Details

Registered Name: Progressive Corp

Company Type: Operating

Exchange: NYSE

Headquarters: 6300 Wilson Mills Rd, Mayfield, OH 44143

Website: https://www.progressive.com/

Employees: 61400

Progressive Corp - Operating Industries and Main Competitors

error_outline To view all of Progressive Corp's operating industries and competitors, see purchase options.

Progressive Corp - Products and Services

  • Commercial Auto Insurance

    • Of the 4 core revenue-generating products and services in the Commercial Auto Insurance industry, Progressive Corp offers:
    • Collision and comprehensive insurance
    • Investment income
    • Personal injury liability insurance
    • Property damage liability insurance
error_outline To view Progressive Corp's full products and services, see purchase options.

Progressive Corp - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Progressive Corp's performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Commercial Auto Insurance industry.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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error_outline To view Progressive Corp's full SWOT analysis, see purchase options.

Progressive Corp - Financial Statements & Ratios

pie_chartProgressive Corp Income Statement

BALANCE DATE12/31/201812/31/201912/31/202012/31/202112/31/202212/31/2023
Revenue31,979.039,022.342,658.147,702.049,610.762,108.5
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
Other000000000000000000000000

pie_chartProgressive Corp Balance Sheet

BALANCE DATE12/31/201812/31/201912/31/202012/31/202112/31/202212/31/2023
Cash and EquivalentsN/AN/AN/AN/AN/AN/A
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
Other000000000000000000000000

pie_chartProgressive Corp Cash Flow

BALANCE DATE12/31/201812/31/201912/31/202012/31/202112/31/202212/31/2023
Net Income2,621.03,980.05,704.63,350.9N/AN/A
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
Other000000000000000000000000

error_outline To view all financial data for Progressive Corp, see purchase options.

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    Products and Services
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  • Products and Services
  • Key Company Benchmarks
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