For the quarter ended December 2025, Progressive (PGR) reported revenue of $22.49 billion, up 10.6% over the same period last year. EPS came in at $4.67, compared to $4.08 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $21.94 billion, representing a surprise of +2.5%. The company delivered an EPS surprise of +5.1%, with the consensus EPS estimate being $4.44.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Progressive performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Companywide Total - Combined ratio: 88% compared to the 88.6% average estimate based on six analysts.
- Policies in force - Total personal auto: 26.78 million compared to the 26.72 million average estimate based on three analysts.
- Policies in force - Total special lines: 7 million compared to the 7.01 million average estimate based on three analysts.
- Policies in force - Total Commercial Lines: 1.19 million versus 1.2 million estimated by three analysts on average.
- Policies in force - Personal Lines - Direct auto: 15.99 million versus 15.94 million estimated by three analysts on average.
- Policies in force - Total Property business: 3.65 million versus the three-analyst average estimate of 3.68 million.
- Policies in force - Personal Lines - Agency auto: 10.79 million versus the three-analyst average estimate of 10.78 million.
- Policies in force - Companywide Total: 38.62 million versus 38.6 million estimated by three analysts on average.
- Policies in force - Total Personal Lines: 37.43 million compared to the 37.4 million average estimate based on three analysts.
- Net premiums earned: $21.09 billion versus $20.93 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +10.2% change.
View all Key Company Metrics for Progressive here>>>
Shares of Progressive have returned -9.5% over the past month versus the Zacks S&P 500 composite's +0.8% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
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The Progressive Corporation (PGR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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