The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended January 31, 2025:
| January | ||||||||
| (millions, except per share amounts and ratios; unaudited) | 2025 | 2024 | Change | |||||
| Net premiums written | $ | 6,481 | $ | 5,496 | 18 | % | ||
| Net premiums earned | $ | 6,586 | $ | 5,386 | 22 | % | ||
| Net income | $ | 1,117 | $ | 701 | 59 | % | ||
| Per share available to common shareholders | $ | 1.90 | $ | 1.18 | 61 | % | ||
| Total pretax net realized gains (losses) on securities | $ | 109 | $ | 17 | NM | |||
| Combined ratio | 84.1 | 87.3 | (3.2 | ) | pts. | |||
| Average diluted equivalent common shares | 587.7 | 587.3 | 0 | % | ||||
| NM = Not Meaningful | ||||||||
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