PROGRESSIVE CORP/OH/

Fire, Marine & Casualty Insurance·MAYFIELD VILLAGE, OH·FY end 12/31·CIK 80661

CEO Pay Ratio

204:1

Susan Patricia Griffith

CEO Total Comp

$17.7M

Susan Patricia Griffith

Median Employee

$86,906

Revenue

$87.7B

FY 2025

Net Income

$11.3B

FY 2025

Free Cash Flow

$17.2B

FY 2025

Net Margin

12.9%

Insider Net (180d)

-$199.0K

0 buys / 1 sales

CEO Pay Accountability

CEO comp as % of net income

0.16%

For every $1,000 of profit, $1.57 flows to the CEO.

CEO comp as % of buybacks

—

No buyback data for the most recent fiscal year.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$87.7B	$75.4B	$62.1B	$49.6B	$47.7B
Gross Profit	—	—	—	—	—	—
Operating Income	—	—	—	—	—	—
Net Income	$11.3B	$8.5B	$3.9B	$721.5M	$3.4B
Operating CF	$17.5B	$15.1B	$10.6B	$6.8B	$7.8B
Capex	$348.0M	$285.0M	$252.0M	$292.0M	$243.5M
Free Cash Flow	$17.2B	$14.8B	$10.4B	$6.6B	$7.5B
Buybacks	—	—	—	—	—	—
Dividends	$2.9B	$674.0M	$234.0M	$234.0M	$3.7B

Gross Margin	—	—	—	—	—	—
Operating Margin	—	—	—	—	—	—
Net Margin	12.9%	11.3%	6.3%	1.5%	7.0%
FCF Margin	19.6%	19.7%	16.7%	13.2%	15.8%
R&D / Revenue	—	—	—	—	—	—
Effective Tax	20.5%	20.8%	20.4%	21.8%	20.4%
Debt / Equity	—	—	—	—	—	—
Buybacks / FCF	—	—	—	—	—	—

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Susan Patricia GriffithPresident and Chief Executive Officer	$1.1M	$11.0M	—	$5.4M	$167.6K	$17.7M
John P. SauerlandVice President and Chief Financial Officer	$770.4K	$3.1M	—	$2.3M	$12.8K	$6.2M
Patrick K. Callahan	$697.7K	$2.6M	—	$2.1M	$12.0K	$5.4M
Personal LinesPresident	$676.5K	$2.6M	—	$1.8M	$12.0K	$5.0M
Karen B. Bailo	$671.0K	$1.7M	—	$1.7M	$12.8K	$4.0M
Commercial LinesPresident	$635.4K	$1.6M	—	$1.4M	$12.0K	$3.7M
John MurphyClaims President	$627.1K	$1.6M	—	$1.2M	$12.0K	$3.5M