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Progressive Operating Expenses 2010-2025 | PGR

Progressive annual/quarterly operating expenses history and growth rate from 2010 to 2025. Operating expenses can be defined as the sum of all operating expenses for the given industry.
  • Progressive operating expenses for the quarter ending March 31, 2025 were $16.979B, a 20.12% increase year-over-year.
  • Progressive operating expenses for the twelve months ending March 31, 2025 were $66.749B, a 16.9% increase year-over-year.
  • Progressive annual operating expenses for 2024 were $63.905B, a 12.98% increase from 2023.
  • Progressive annual operating expenses for 2023 were $56.562B, a 17.53% increase from 2022.
  • Progressive annual operating expenses for 2022 were $48.124B, a 11.93% increase from 2021.
Progressive Annual Operating Expenses
(Millions of US $)
2024 $63,905
2023 $56,562
2022 $48,124
2021 $42,995
2020 $35,042
2019 $33,469
2018 $28,491
2017 $24,414
2016 $21,715
2015 $18,706
2014 $17,297
2013 $16,275
2012 $15,591
2011 $14,122
2010 $13,484
2009 $12,837
Progressive Quarterly Operating Expenses
(Millions of US $)
2025-03-31 $16,979
2024-12-31 $17,117
2024-09-30 $16,570
2024-06-30 $16,083
2024-03-31 $14,135
2023-12-31 $14,227
2023-09-30 $13,982
2023-06-30 $14,755
2023-03-31 $13,598
2022-12-31 $12,299
2022-09-30 $12,486
2022-06-30 $12,011
2022-03-31 $11,328
2021-12-31 $11,167
2021-09-30 $11,587
2021-06-30 $10,776
2021-03-31 $9,466
2020-12-31 $9,197
2020-09-30 $8,908
2020-06-30 $8,589
2020-03-31 $8,348
2019-12-31 $9,302
2019-09-30 $8,418
2019-06-30 $8,108
2019-03-31 $7,641
2018-12-31 $7,709
2018-09-30 $7,282
2018-06-30 $7,053
2018-03-31 $6,447
2017-12-31 $6,359
2017-09-30 $6,468
2017-06-30 $5,974
2017-03-31 $5,612
2016-12-31 $5,524
2016-09-30 $5,613
2016-06-30 $5,469
2016-03-31 $5,110
2015-12-31 $4,826
2015-09-30 $4,785
2015-06-30 $4,697
2015-03-31 $4,398
2014-12-31 $4,580
2014-09-30 $4,276
2014-06-30 $4,256
2014-03-31 $4,185
2013-12-31 $4,153
2013-09-30 $4,130
2013-06-30 $4,062
2013-03-31 $3,930
2012-12-31 $3,954
2012-09-30 $3,968
2012-06-30 $3,971
2012-03-31 $3,698
2011-12-31 $3,777
2011-09-30 $3,560
2011-06-30 $3,475
2011-03-31 $3,310
2010-12-31 $3,627
2010-09-30 $3,345
2010-06-30 $3,328
2010-03-31 $3,183
2009-12-31 $3,403
2009-09-30 $3,196
2009-06-30 $3,188
2009-03-31 $3,051
Sector Industry Market Cap Revenue
Finance Property, Casualty and Title Insurance $159.710B $75.372B
The Progressive Corporation is one of the major auto insurers in the country. Progressive is a leading independent agency writer of private passenger auto coverage, and the market share leader for the motorcycle products since 1998. Their Personal Lines segment writes insurance for private passenger automobiles, recreational and other vehicles. This business generally offers more than one program in a single state, with each program targeted toward a specific distribution channel, market, or customer group. Personal Lines products comprise insurance for personal autos and special lines products. Their Commercial Lines segment writes primary liability and physical damage insurance for automobiles and trucks owned by small businesses. The Commercial Lines business, which is primarily distributed through the independent agency channel, operates in the business auto and specialty truck markets.
Stock Name Country Market Cap PE Ratio
Berkshire Hathaway (BRK.B) United States $1074.799B 22.68
Berkshire Hathaway (BRK.A) United States $1074.592B 22.66
Chubb (CB) Switzerland $110.223B 12.14
Tokio Marine Holdings (TKOMY) Japan $66.573B 9.06
Travelers (TRV) United States $56.283B 11.50
Allstate (ALL) United States $49.982B 10.30
Arch Capital Group (ACGL) Bermuda $33.692B 9.66
Fairfax Financial Holdings (FRFHF) Canada $32.798B 8.91
MS&AD Insurances (MSADY) Japan $32.152B 13.39
W.R Berkley (WRB) United States $23.744B 15.05
Sampo (SAXPY) Finland $23.198B 16.08
Cincinnati Financial (CINF) United States $21.435B 18.11
Fidelity National Financial (FNF) United States $16.391B 12.91
CNA Financial (CNA) United States $12.907B 9.89
RenaissanceRe Holdings (RNR) Bermuda $11.254B 5.33
American Financial (AFG) United States $10.089B 11.18
Kinsale Capital (KNSL) United States $9.948B 26.58
Axis Capital Holdings (AXS) Bermuda $7.867B 8.41
RLI (RLI) United States $6.869B 26.08
First American Financial (FAF) United States $6.568B 14.49
Hanover Insurance (THG) United States $5.731B 11.89
Selective Insurance (SIGI) United States $4.898B 24.78
White Mountains Insurance Group (WTM) United States $4.670B 8.82
Palomar Holdings (PLMR) United States $3.298B 26.80
Mercury General (MCY) United States $2.974B 7.47
NMI Holdings Inc (NMIH) United States $2.800B 7.93
Skyward Specialty Insurance (SKWD) United States $2.030B 17.64
Stewart Information Services (STC) United States $1.930B 20.66
Root (ROOT) United States $1.500B 0.00
HCI (HCI) United States $1.248B 10.25
Safety Insurance (SAFT) United States $1.162B 22.31
Bowhead Specialty Holdings (BOW) United States $1.027B 0.00
ProAssurance (PRA) United States $0.722B 13.97
United Fire (UFCS) United States $0.658B 10.19
American Coastal Insurance (ACIC) United States $0.627B 7.10
UNIVERSAL INSURANCE HOLDINGS INC (UVE) United States $0.561B 10.16
Ambac Financial (AMBC) United States $0.553B 13.55
Donegal (DGICA) United States $0.541B 11.48
Global Indemnity (GBLI) United States $0.480B 9.44
Donegal (DGICB) United States $0.475B 11.02
Greenlight Capital Re (GLRE) Cayman Islands $0.467B 5.32
Investors Title (ITIC) United States $0.430B 13.89
Heritage Insurance Holdings (HRTG) United States $0.345B 4.50
NI Holdings (NODK) United States $0.300B 111.61
Kingsway Financial Services (KFS) United States $0.216B 0.00
Kingstone (KINS) United States $0.198B 14.43
First Acceptance (FACO) United States $0.120B 1.51
Maiden Holdings (MHLD) Bermuda $0.089B 0.00
Roadzen (RDZN) United States $0.081B 0.00
ICC Holdings (ICCH) United States $0.071B 13.01
Conifer Holdings (CNFR) United States $0.012B 0.00