earnings
Progressive Delivers 40% ROE and $13B Comprehensive Income in Record Year (PGR Q4 2025 Earnings Call)
Progressive wrapped up an exceptionally strong 2025, adding 3.7 million policies and generating nearly $13 billion in comprehensive income. Executing efficiently on both its underwriting portfolio and its $100 billion investment arm, the auto insurance leader posted a massive 40% comprehensive return on equity. Reflecting these robust capital generation metrics, the company distributed a $13.50 per share variable dividend and announced a major CFO transition as the business enters 2026 with increased operating leverage.