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Revenue breakdown by Products & Services

The Progressive Corporation's Revenue by Segment

In fiscal year 2024, The Progressive Corporation's revenue by segment (products & services) are as follows:

  • Commercial Lines Segment: $10.88 B
  • Personal Lines Segment: $60.98 B

Learn more about The Progressive Corporation’s Revenue by Geography

Check out competitors to The Progressive Corporation in a side-by-side comparison.

Explore additional financial metrics for The Progressive Corporation.

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The above chart shows The Progressive Corporation's revenue percentage share by segment (products and services).

In fiscal year 2022, The Progressive Corporation's revenue by segment is as follows:

  • Commercial Lines Segment generated $9.09 B in revenue, representing 18.46% of its total revenue.
  • Personal Lines Segment generated $37.88 B in revenue, representing 76.93% of its total revenue.
  • Property Segment generated $2.27 B in revenue, representing 4.61% of its total revenue.

The biggest segment for The Progressive Corporation is the Personal Lines Segment, which represents 76.93% of its total revenue.
The smallest segment for The Progressive Corporation is the Property Segment, which represents 4.61% of its total revenue.

The above chart shows The Progressive Corporation's revenue percentage share by segment (products and services).

In fiscal year 2023, The Progressive Corporation's revenue by segment is as follows:

  • Commercial Lines Segment generated $9.90 B in revenue, representing 16.87% of its total revenue.
  • Personal Lines Segment generated $46.21 B in revenue, representing 78.78% of its total revenue.
  • Property Segment generated $2.55 B in revenue, representing 4.35% of its total revenue.

The biggest segment for The Progressive Corporation is the Personal Lines Segment, which represents 78.78% of its total revenue.
The smallest segment for The Progressive Corporation is the Property Segment, which represents 4.35% of its total revenue.

The above chart shows The Progressive Corporation's revenue percentage share by segment (products and services).

In fiscal year 2024, The Progressive Corporation's revenue by segment is as follows:

  • Commercial Lines Segment generated $10.88 B in revenue, representing 15.14% of its total revenue.
  • Personal Lines Segment generated $60.98 B in revenue, representing 84.86% of its total revenue.

The biggest segment for The Progressive Corporation is the Personal Lines Segment, which represents 84.86% of its total revenue.
The smallest segment for The Progressive Corporation is the Commercial Lines Segment, which represents 15.14% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2022 2023 2024
Commercial Lines Segment 18.46% 16.87% 15.14%
Personal Lines Segment 76.93% 78.78% 84.86%
Property Segment 4.61% 4.35% -
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of The Progressive Corporation.

In fiscal year 2024, the Personal Lines Segment generated the most revenue ($60.98 B), and the Commercial Lines Segment generated the least revenue ($10.88 B).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Commercial Lines Segment revenue increased 9.89% ($979.30 M) from $9.90 B (in 2023) to $10.88 B (in 2024).
  • Personal Lines Segment revenue increased 31.96% ($14.77 B) from $46.21 B (in 2023) to $60.98 B (in 2024).
  • Property Segment revenue decreased -100% ($2.55 B) from $2.55 B (in 2023) to $0.00 (in 2024).
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    Summary Table

    Products & Services 2022 2023 2024
    Commercial Lines Segment $9.09 B - $9.90 B
    8.92%
    $10.88 B
    9.89%
    Personal Lines Segment $37.88 B - $46.21 B
    22.00%
    $60.98 B
    31.96%
    Property Segment $2.27 B - $2.55 B
    12.40%
    - -
    Total Revenue $49.24 B - $58.66 B
    19.14%
    $71.86 B
    22.50%