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PROGRESSIVE CORP/OH/

LISTEDNYSE

SYMBOLPGR

SIC6331

STATE OF INC.OH

FISCAL YEAR ENDSDecember 31

CIK80661

FIRE, MARINE & CASUALTY INSURANCE · LARGE ACCELERATED FILER · 10 FISCAL YEARS OF SEC XBRL DATA, 2016–2025

Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.

CAPITALIZATION 12/31/25

($ millions)	Amount	%
Total debt	6,897	18.5
Stockholders' equity	30,323	81.5
Total capitalization	37,220	100.0

581,371,770 shares outstanding at 2 July 2026 (cover page of the 10-Q filed 3 August 2026).

LONG-TERM DEBT 12/31/25

($ millions)	Amount
Long-term debt, incl. current maturities	6,897
Current maturities	0

CAPITAL STOCK 12/31/25

Common shares authorized	900,000,000
Common shares issued	798,000,000
Treasury shares	212,000,000
Par or stated value per share ($)	1
Outstanding at 7/2/26	581,371,770

DIVIDENDS DECLARED/PAID

Fiscal year	Per share $	Payout %
2025	13.90	72.3
2024	4.90	34.0
2023	1.15	17.5
2022	0.40	33.9
2021	1.90	33.6

HISTORY AND BUSINESS

HISTORY: Incorporated in Ohio.

BUSINESS: Classified by the SEC under Standard Industrial Classification 6331, Fire, Marine & Casualty Insurance. Large accelerated filer. Principal executive office: 300 North Commons Blvd., Mayfield Village, OH 44143. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.

CONSOLIDATED INCOME ACCOUNT, YEARS ENDED

($ millions)	12/31/25	12/31/24	12/31/23
Premiums earned	81,661	70,799	58,665
Net investment income	3,549	2,803	1,866
Total revenues	87,671	75,372	62,109
Benefits, losses and expenses	73,448	64,659	57,205
Income before income taxes	14,223	10,713	4,904
Income taxes	2,915	2,233	1,001
Net income	11,308	8,480	3,903
Earned per share, diluted ($)	19.23	14.40	6.58
Dividends per share ($)	13.90	4.90	1.15

CONSOLIDATED BALANCE SHEET

($ millions)	12/31/25	12/31/24
Total investments	97,373	80,250
Total assets	123,039	105,745
Policy liabilities and reserves	43,310	39,057
Debt	6,950	6,950
Total liabilities	92,716	80,154
Stockholders' equity	30,323	25,591

TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)

Fiscal year ended	Revenues	Oper. income	Net income	Net margin %	EPS diluted $	Div. per share $	Oper. cash flow	Total assets	Total liabilities	Total debt	Deposits	Stockholders' equity	ROE %	Debt / equity
12/31/25	87,671	–	11,308	12.9	19.23	13.90	17,548	123,039	92,716	6,897	–	30,323	37.3	0.23
12/31/24	75,372	–	8,480	11.3	14.40	4.90	15,119	105,745	80,154	6,893	–	25,591	33.1	0.27
12/31/23	62,109	–	3,903	6.3	6.58	1.15	10,643	88,691	68,414	6,889	–	20,277	19.2	0.34
12/31/22	49,611	–	722	1.5	1.18	0.40	6,849	75,465	59,574	6,388	–	15,891	4.5	0.40
12/31/21	47,702	–	3,351	7.0	5.66	1.90	7,762	71,132	52,901	4,899	–	18,232	18.4	0.27
12/31/20	42,658	–	5,705	13.4	9.66	4.90	6,906	64,098	47,060	5,396	–	17,039	33.5	0.32
12/31/19	39,022	–	3,970	10.2	6.72	2.65	6,262	54,910	41,012	4,407	–	13,673	29.0	0.32
12/31/18	31,979	–	2,615	8.2	4.42	2.51	6,285	46,575	35,539	4,405	–	10,822	24.2	0.41
12/31/17	26,839	–	1,592	5.9	2.72	1.12	3,757	38,701	28,913	3,306	–	9,285	17.1	0.36
12/31/16	23,441	–	1,031	4.4	1.76	0.68	2,733	33,428	24,987	3,148	–	7,957	13.0	0.40

Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; capital expenditure and free cash flow are not shown for banks and insurers, where they are not meaningful; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.

REGISTRANT:

PROGRESSIVE CORP/OH/
CIK 80661 · EIN 34-0963169

PRINCIPAL OFFICE:

300 North Commons Blvd., Mayfield Village, OH 44143
Tel.: 4404615000

INCORPORATED:

Ohio

INDUSTRY (SEC SIC CODE):

6331 · Fire, Marine & Casualty Insurance

FILER STATUS:

Large accelerated filer

LATEST ANNUAL REPORT:

10-K for period ended 12/31/25, filed 2 March 2026

RECENT FILINGS (ANNUAL REPORT REFERENCES BELOW):

9/18/26	8-K	period 9/18/26
8/19/26	8-K	period 8/19/26
8/10/26	8-K	period 8/7/26
8/3/26	10-Q	period 6/30/26
7/15/26	8-K	period 7/15/26
6/17/26	8-K	period 6/11/26
5/20/26	8-K	period 5/20/26
5/12/26	8-K	period 5/8/26

Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 3/2/26) · 10-K FY2024 (filed 3/3/25) · 10-K FY2023 (filed 2/26/24) · 10-K FY2022 (filed 2/27/23) · 10-K FY2021 (filed 2/28/22) · 10-K FY2020 (filed 3/1/21) · 10-K FY2019 (filed 3/2/20) · 10-K FY2018 (filed 2/27/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.