Progressive Corp operates in the Fire, marine, and casualty insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Progressive Corp with three other
companies in this sector in the United States:
sales of $31.57 billion
of which 39%
was Insurance - North America Commercial p&C),
Travelers Companies Inc
of which 61%
was Business and International Insurance), and
Hartford Financial Services Group Inc
of which 36%
was Commercial Lines).
Progressive Corp reported sales of $23.42 billion
December of 2016.
increase of 12.4%
versus 2015, when the company's sales were $20.83 billion.
Sales at Progressive Corp have increased during each of the previous five years
(and since 2011, sales have increased a total of 51%).
Sales of Property saw an increase
that was more than double the company's growth rate: sales were up
41.9% in 2016, from
$609.10 million to $864.50 million.
Progressive Corp also saw significant increases in sales in
Commercial Auto Business (up 21.3% to $2.42 billion)
Service Businesses (up 19.7% to $103.30 million)
Not all segments of Progressive Corp experienced an increase in sales in 2016:
sales of Investments fell 6.6% to $530.00 million.
(However, this segment's sales were only a very small portion of the company's overall sales).