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Progressive May 2026 EPS $2.47 Up From $1.81 YoY; Net Premiums Written $7.027B Up From $6.634B YoY

Benzinga·06/17/2026 12:23:49
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The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended May 31, 2026:

May
(millions, except per share amounts and ratios; unaudited) 2026

 
2025

 
Change  
Net premiums written $ 7,027 $ 6,634 6 %    
Net premiums earned $ 7,361 $ 6,715 10 %    
Net income $ 1,445 $ 1,065 36 %    
Per share available to common shareholders $ 2.47 $ 1.81 36 %    
Total pretax net realized gains (losses) on securities $ 215 $ 211 2 %    
Combined ratio 82.1 86.9 (4.8 ) pts.      
Average diluted equivalent common shares 584.2 587.7 (1 ) %      



 

May 31,
(thousands; unaudited)

 
2026 2025 % Change  
Policies in Force        
Personal Lines        
Agency – auto 11,172 10,341 8  
Direct – auto 16,715 15,089 11  
Special lines 7,234 6,787 7  
Property 3,632 3,601 1  
    Total Personal Lines 38,753 35,818 8  
Commercial Lines 1,217 1,184 3  
Total 39,970 37,002 8  

See Progressive's complete monthly earnings release for additional information.