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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