Progressive (PGR) Reports April 2025 Results, Net Premiums Written $6.84B

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May 21, 2025 8:25 AM EDT

The Progressive Corporation (NYSE: PGR) today reported the following results for the month ended April 30, 2025:

April
(millions, except per share amounts and ratios; unaudited)2025 2024 Change
Net premiums written$6,837 $6,178 11 %
Net premiums earned$6,641 $5,575 19 %
Net income$986 $421 134 %
Per share available to common shareholders$1.68 $0.72 134 %
Total pretax net realized gains (losses) on securities$(3) $(267) (99)%
Combined ratio 84.9 89.0 (4.1)pts.
Average diluted equivalent common shares 587.7 587.4 0 %

April 30,
(thousands; unaudited)2025 2024 % Change
Policies in Force
Personal Lines
Agency – auto10,246 8,720 18
Direct – auto14,938 12,105 23
Special lines6,705 6,153 9
Property3,590 3,261 10
Total Personal Lines35,479 30,239 17
Commercial Lines1,174 1,108 6
Companywide36,653 31,347 17

See Progressive’s complete monthly earnings release for additional information.


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