Progressive said net income for July 2025 was $1,090 million, compared with $814 million in the prior-year month, an increase of 34%. Diluted earnings per share were $1.85. The combined ratio was 85.3, down 2.7 pts. from 88.0 in the prior-year month.

1. 01

   Progressive said net income for July 2025 was $1,090 million, compared with $814 million in the prior-year month, an increase of 34%. Diluted earnings per share were $1.85. The combined ratio was 85.3, down 2.7 pts. from 88.0 in the prior-year month.

2. 02

   The company said net premiums written for July were $7,057 million, up 11%, and net premiums earned were $6,986 million, up 15%. Year-to-date net income was $6,832 million, compared with $4,604 million in the prior year.

3. 03

   Progressive said shareholders' equity as of July 31, 2025 was $33,377 million, debt was $6,895 million, and the debt-to-total capital ratio was 17.1%. During July, the company repurchased 149,112 common shares at an average cost of $249.68 per share.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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