Progressive Stock Insiders

PGR
 Stock
  

USD 118.48  2.21  1.90%   

Progressive Corp employes about 49.1 K people. The company is managed by 40 executives with total tenure of roughly 324 years, averaging almost 8.0 years of service per executive having 1226.93 employees per reported executive. Discussion of Progressive Corp management performance can provide insight into the enterprise performance. Note, employee sentiment is becoming a valuable factor that investors use to determine the amount of risk that may be associated with Progressive Corp future performance.
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  John Auer  CEO
President CEO, and Treasurer of ARX Holding Corp
  Susan Griffith  CEO
President, Chief Executive Officer, Director
  Glenn Renwick  Chairman
Chairman, CEO and President and Chairman of Executive Committee

Progressive Corp Return on Sales

0.0903

Share

Progressive Corp Management Team Effectiveness

Progressive Corp has Return on Asset of 2.65 % which means that on every $100 spent on asset, it made $2.65 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 12.52 %, implying that it generated $12.52 on every 100 dollars invested. Progressive Corp management efficiency ratios could be used to measure how well the company manages its routine affairs as well as how well it operates its assets and liabilities. As of 07/02/2022, Return on Average Assets is likely to drop to 4.88. In addition to that, Return on Average Equity is likely to drop to 18.90. Progressive Corp Total Assets are relatively stable at the moment as compared to the past year. Progressive Corp reported last year Total Assets of 71.13 Billion. As of 07/02/2022, Tax Assets is likely to grow to about 39.9 M, while Return on Average Assets are likely to drop 4.88.
Progressive Corp Weighted Average Shares is relatively stable at the moment as compared to the past year. Progressive Corp reported last year Weighted Average Shares of 584.5 Million. As of 07/02/2022, Weighted Average Shares Diluted is likely to grow to about 657.1 M, while Issuance Purchase of Equity Shares is likely to drop (93.9 M).

Progressive Corp Workforce Comparison

Progressive Corp is considered to be number one stock in number of employees category among related companies. The total workforce of Insurance—Property & Casualty industry is at this time estimated at about 748,509. Progressive Corp holds roughly 49,077 in number of employees claiming about 7% of equities under Insurance—Property & Casualty industry.

Progressive Corp Profit Margins

The company has Net Profit Margin of 4.55 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is considered to be average in the sector. In the same way, it shows Net Operating Margin of 6.85 %, which entails that for every 100 dollars of revenue, it generated 0.07 of operating income.

Progressive Corp Insider Trading

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Progressive Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Progressive Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, Progressive Corp insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Progressive Corp Benchmark Summation

Operator
The output start index for this execution was zero with a total number of output elements of sixty-one. Progressive Corp Price Series Multiplication is a cross multiplication of Progressive Corp price series and its benchmark/peer.
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Progressive Corp Notable Stakeholders

A Progressive Corp stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Progressive Corp often face trade-offs trying to please all of them. Progressive Corp's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Progressive Corp's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
John Auer - President CEO, and Treasurer of ARX Holding CorpProfile
Susan Griffith - President, Chief Executive Officer, DirectorProfile
Glenn Renwick - Chairman, CEO and President and Chairman of Executive CommitteeProfile
Jeffrey Basch - Chief Accounting Officer, Vice PresidentProfile
Daniel Mascaro - Vice President Secretary, and Chief Legal OfficerProfile
Lori Niederst - Customer Relationship Management PresidentProfile
John Barbagallo - Commercial Lines President; Commercial Lines Group President, Agency OperationsProfile
Patrick Callahan - President of Personal LinesProfile
John Murphy - President - Customer Relationship ManagementProfile
John Sauerland - Chief Financial Officer, Vice PresidentProfile
Thomas King - Vice President TreasurerProfile
Stuart Burgdoerfer - Independent DirectorProfile
Patrick Nettles - Independent DirectorProfile
Philip Bleser - Independent DirectorProfile
Bradley Sheares - Independent DirectorProfile
Kahina Dyke - Independent DirectorProfile
Barbara Snyder - Independent DirectorProfile
Charles Davis - Independent DirectorProfile
Pamela Craig - Independent DirectorProfile
Stephen Hardis - Lead Independent DirectorProfile
Jeffrey Kelly - Independent DirectorProfile
Roger Farah - Independent DirectorProfile
Charles Jarrett - Chief Legal Officer, VP and SecretaryProfile
Brian Domeck - VPProfile
Mariann Marshall - Chief Accounting Officer, Vice PresidentProfile
Jeffrey Charney - Chief Marketing OfficerProfile
Remi Kent - Chief Marketing OfficerProfile
Karen Bailo - Commercial Lines PresidentProfile
Jonathan Bauer - Chief Investment OfficerProfile
Andrew Quigg - Chief Strategy OfficerProfile
Devin Johnson - Independent DirectorProfile
Valerie Krasowski - Chief Human Resource OfficerProfile
Steven Broz - Chief Information OfficerProfile
Raymond Voelker - CIOProfile
Michael Charney - Chief Marketing OfficerProfile
Lawton Fitt - Independent Chairperson of the BoardProfile
William Clawson - Chief Human Resource OfficerProfile
Jan Tighe - Independent DirectorProfile
William Cody - Chief Investment OfficerProfile
Michael Sieger - Claims Operations LeaderProfile

About Progressive Corp Management Performance

The success or failure of an entity such as Progressive Corp often depends on how effective the management is. Progressive Corp management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Progressive management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Progressive management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
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Last ReportedProjected for 2022
Return on Average Assets 4.96  4.88 
Return on Average Equity 19.00  18.90 
Return on Invested Capital 0.06  0.06 
Return on Sales 0.09  0.09 
The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio. Progressive Corp operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 49077 people.
The data published in Progressive Corp's official financial statements usually reflect Progressive Corp's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Progressive Corp. For example, before you start analyzing numbers published by Progressive accountants, it's critical to develop an understanding of what Progressive Corp's liquidity, profitability, and earnings quality are in the context of the Financial Services space in which it operates.
Please note, the presentation of Progressive Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Progressive Corp's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Progressive Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Progressive Corp. Please utilize our Beneish M Score to check the likelihood of Progressive Corp's management to manipulate its earnings.

Progressive Corp Workforce Analysis

Traditionally, organizations such as Progressive Corp use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Progressive Corp within its industry.

Progressive Corp Manpower Efficiency

Return on Progressive Corp Manpower

Revenue Per Employee838.8 K
Revenue Per Executive1.2 B
Net Income Per Employee60.5 K
Net Income Per Executive54 M
Today, most investors in Progressive Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Progressive Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's per employee growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Progressive Corp per employee as a starting point in their analysis.

Per Employee

Progressive Corp Per Employee Growth Over Time

Net Income Per Employee

60,526.39

Share
Progressive Corp Net Income Per Employee is relatively stable at the moment as compared to the past year. Progressive Corp reported last year Net Income Per Employee of 68,278

Revenue Per Employee

838,771

Share
Progressive Corp Revenue Per Employee is relatively stable at the moment as compared to the past year. Progressive Corp reported last year Revenue Per Employee of 971,983
Please check Your Equity Center. Note that the Progressive Corp information on this page should be used as a complementary analysis to other Progressive Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running Progressive Corp price analysis, check to measure Progressive Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progressive Corp is operating at the current time. Most of Progressive Corp's value examination focuses on studying past and present price action to predict the probability of Progressive Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Progressive Corp's price. Additionally, you may evaluate how the addition of Progressive Corp to your portfolios can decrease your overall portfolio volatility.
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Is Progressive Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Progressive Corp. If investors know Progressive will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Progressive Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.79
Market Capitalization
69.3 B
Quarterly Revenue Growth YOY
0.035
Return On Assets
0.0265
Return On Equity
0.13
The market value of Progressive Corp is measured differently than its book value, which is the value of Progressive that is recorded on the company's balance sheet. Investors also form their own opinion of Progressive Corp's value that differs from its market value or its book value, called intrinsic value, which is Progressive Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Progressive Corp's market value can be influenced by many factors that don't directly affect Progressive Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Progressive Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Progressive Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Progressive Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.