PGR Progressive Corporation
FY2024 10-K
Progressive Corporation (PGR) filed its fiscal year 2024 10-K annual report with the SEC on Mar 3, 2025. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.
AI Filing AnalysisFY2024 10-K
Business Overview
- • Core business model: Property and casualty insurance provider focusing on personal and commercial lines
- • New executive leadership roles established since late 2021, including Chief Human Resources Officer and Claims President
Risk Factors
- • Regulatory risk: potential prohibition of key rating factors like credit in insurance pricing challenging risk-based pricing effectiveness
- • Geopolitical/macroeconomic exposure: concentration in hurricane- and hailstorm-prone states increases catastrophe loss risk amid climate change-driven severe weather
Financial SummaryXBRL
Revenue
$75.4B
Net Income
$8.5B
Net Margin
11.3%
ROE
33.1%
Total Assets
$105.7B
EPS (Diluted)
$14.40
Operating Cash Flow
$15.1B
Source: XBRL data from Progressive Corporation FY2024 10-K filing on SEC EDGAR. All figures in USD.
Other Progressive Corporation Annual Reports
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