Progressive Statistics and Revenue Totals (2023)
Last Updated on: May 26th, 2023
Here are a few of the most interesting Progressive statistics I was able to dig up including Progressive revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
Progressive Facts
- Website: Official Website
- Year Founded: 1937
- Headquarters: Mayfield Village, OH
- Founder(s): Joseph Lewis and Jack Outlaw
- Current Chief Executive: Tricia Griffith
- App Download (iOS)
- App Download (Android)
For more than 80 years, Progressive has offered a wide range of insurance choices to customers, including Auto, Home, Renters, Commercial Auto, Small Business, Motorcycle, Boat policies, and more. Progressive is the third largest auto insurer in the country—a combined effort of every single Progressive person. We’re a diverse group of more than 40,000 talented employees—from all walks of life, all fields of business, and all 50 states. Everyone here plays a role in our success as we continue to find new and better ways to move the insurance industry forward and be there for our customers during every stage of their lives. (source)
Progressive Statistics
Progressive Revenue Totals
Progressive revenue (annual):
- 2022: $49.6 billion
- 2021: $47.7 billion
- 2020: $42.7 billion
- 2019: $39 billion
- 2018: $32 billion
- 2017: $26.8 billion
- 2016: $22.5 billion
- 2015: $20.6 billion
- 2014: $18.7 billion
- 2013: $17.3 billion
Progressive net income (annual):
- 2022: $721.5 million
- 2021: $3.4 billion
- 2020: $5.7 billion
- 2019: $3.9 billion
- 2018: $2.6 billion
- 2017: $1.6 billion
- 2016: $1 billion
- 2015: $1.2 billion
- 2014: $1.2 billion
Additional Progressive Statistics
Number of independent Progressive insurance agencies:
Last updated 1/1/18
Please note that some of these numbers are easier to find than others. A few of these Progressive statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.
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