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The Progressive Corporation PGR

$ 257.12 1.03%
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Quarterly report 2024-Q3
added 11-04-2024

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Country

 usaUSA

IPO year

 -

Industry

 Insurance property

Stock Exchange

 NYSESPB

CEO

 Ms. Susan Griffith

Employees in the company

 41 571

Shares

 585 M

Market Cap[1]

 $ 150 B

EBITDA (LTM)

 $ 144 M

P/E (LTM)

 19.58

P/S (LTM)

 2.0

EPS (LTM)

 12.32

The Progressive Corporation is one of the largest insurance companies in the United States, founded in 1937. The company provides a wide range of insurance services, including auto, home, life, and business insurance.

The Progressive Corporation is known for its innovative approach to insurance. The company was the first to use telematics technology to determine the cost of auto insurance and the first to offer online insurance policy sales. Additionally, The Progressive Corporation is also one of the first companies to offer customers the ability to compare insurance prices from other companies on their website.

The company also actively supports its customers and society as a whole. The Progressive Corporation invests in social programs and charity, helping society in various areas such as education, healthcare, and culture.

Today, The Progressive Corporation is one of the most successful and innovative insurance companies in the world, continuing to develop and provide high-quality services to its customers.

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References

  1. Pavone, P. (2019). Market capitalization and financial variables: Evidence from Italian listed companies. International Journal of Academic Research Business and Social Sciences, 9(3), 1356-1371.