Progressive Statistics and Revenue Totals (2023)

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 Employee Count

Number of Progressive employees:

43,000 employees

Last updated 1/1/21

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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

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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:

35,000

Last updated 1/1/18

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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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