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Progressive PGR Direct premiums written

Direct premiums written at other companies

Universal Insurance Holdings logo
Universal Insurance HoldingsUVE
$506.55M+8.5%
American Coastal Insurance Corporation logo
American Coastal Insurance CorporationACIC
$153.15M-4.7%
HCI Group logo
HCI GroupHCI

Other financials

Income statement

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Revenue$22.2B+8.7%
Net income$3.3B+4.3%
EPS (diluted)$4.80+9.8%

Balance sheet

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Cash & equivalents$162.0M-16.9%
Total debt$8.4B+21.6%
Total equity$34.3B+5.3%
Total assets$124.93B+8.2%

Cash flow

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Operating cash flow$4.4B-15.1%
CapEx$63.0M+6.8%
Free cash flow$4.3B-15.3%

Valuation

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Market cap$123.69B-14.8%
P/E10.6×-3.3×

Profitability

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Net margin12.9%+1.8pp
FCF margin18.4%-1.7pp

Returns & leverage

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Return on equity34.9%-2.4pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by Progressive in its filing.

Tagged under the XBRL concept us-gaap:DirectPremiumsWritten.

The source filing: Progressive’s 10-K, filed March 2, 2026. Open the filing →

Filed
Mar 2, 2026, 10:40 AM EST
Fiscal year
FY2025
Accession
0000080661-26-000086

FAQ

What is Progressive's direct premiums written?
Progressive (PGR) reported direct premiums written of $21.05B in Q4 2025.
How has Progressive's direct premiums written changed year-over-year?
Progressive's direct premiums written increased by 11.0% year-over-year, from $18.97B to $21.05B.
What is the long-term trend for Progressive's direct premiums written?
Over 4 years (2021 to 2025), Progressive's direct premiums written has grown at a 15.0% compound annual growth rate (CAGR), from $48.13B to $84.21B.
What does direct premiums written mean?
The total premiums charged by the insurer on all policies issued before any reinsurance cessions. This is the primary measure of top-line growth and market presence.

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