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COMPANY BENCHMARKING • UNITED STATES

Progressive Corp - Company Profile

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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 55,100 employees. In the US, the company has a notable market share in at least two industries: Automobile Insurance, Commercial Auto Insurance and Commercial Auto Insurance. Their largest market share is in the Commercial Auto Insurance industry, where they account for an estimated 15.0% of total industry revenue and are considered an All Star because they display stronger market share, profit and revenue growth compared to 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: 55100

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

  • Automobile Insurance

    • Of the 0 core revenue-generating products and services in the Automobile Insurance industry, Progressive Corp offers:
    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, and Automobile Insurance industries.
    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
    Purchase a membership to unlock the full SWOT analysis of this company.
    lock
    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
    • AAAAA
    • AAAAA
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    Threats
    • AAAAA
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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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    • Competitive Landscape
      SWOT Analysis
    • Key Enterprise Personnel
      Products and Services
    • Subsidiaries & Ownership Structure
      Key Company Benchmarks

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    • Products and Services
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