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Progressive November EPS $1.71 Vs $1.15 YoY; Net Premiums Written $5.563B, Up 18% YoY

Benzinga ·  Dec 13 21:33

The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended November 30, 2024:

November
(millions, except per share amounts and ratios; unaudited)20242023Change
Net premiums written$5,563.3$4,725.118%
Net premiums earned$6,040.4$5,079.019%
Net income$1,005.8$680.648%
Per share available to common shareholders$1.71$1.1548%
Total pretax net realized gains (losses) on securities$175.7$246.5(29)%
Combined ratio85.691.1(5.5)pts.
Average diluted equivalent common shares587.7587.60%
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