Progressive Corporation

Progressive Corporation (PGR) is a publicly traded company in the Financials sector, specifically within the Property & Casualty Insurance industry. Progressive underwrites private and commercial auto insurance and specialty lines; it has almost 27 million personal auto policies in force and is one of the largest auto insurers in the United States. Progressive markets its policies through independent insurance agencies in the US and Canada and directly via the internet and telephone. Its premiums are split between the agent and the direct channel. The company also offers commercial auto policies and entered homeowners insurance through an acquisition in 2015.

The company reports trailing twelve-month revenue of $22.19B and net income of $2.82B.

Key metrics include a return on equity of 8.8%, a debt-to-equity ratio of 2.81.

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