What is the Return on Assets (ROA) of Progressive this year?
The Return on Assets (ROA) of Progressive is 0.04 undefined this year.
Progressive ROA 2025
Progressive ROA
0.04
Ticker
PGR
ISIN
US7433151039
WKN
865496
In 2025, Progressive's return on assets (ROA) was 0.04, a 373.43% increase from the 0.01 ROA in the previous year.
Progressive Aktienanalyse
What does Progressive do?
Progressive Corp - a comprehensive analysis The Progressive Corp (also known as "Progressive Insurance") is an American company specializing in the sale of car insurance. The company was founded in 1937 by Joseph Lewis and Jack Green in Ohio. Originally, the company started under the name "Producers and Distributors Corporation" before being renamed "Progressive Corporation" in 1956. Since the early 1960s, the company has steadily grown and expanded. Nowadays, the company is active in both the US and Canadian markets and employs over 42,000 employees. Business model of Progressive Corp The company offers various types of insurance, including car, motorcycle, and home insurance. Unlike many other insurance companies, Progressive works directly with the customer, bypassing the use of insurance agents. Instead, interested individuals can directly purchase their insurance on the company's website, learn about different insurance options, and choose individual terms and conditions. This model has made Progressive a driving force in the insurance industry. The advantage is cost and time savings that can be passed on directly to the customers. The company is known for its fair, customer-oriented approaches and has even acquired the nickname "Friendly Flo" for its famous advertising character. Different divisions and products of Progressive Corp Car insurance Car insurance is the core area of focus for Progressive Corp. The company aims to provide its customers with high-quality services to ensure comprehensive coverage in the event of an accident. Progressive offers a variety of car insurance options, including liability insurance, comprehensive insurance, and collision insurance. Additionally, the company offers a range of discounts, such as safe driver discounts, multi-vehicle discounts, and automatic payment discounts. Motorcycle insurance Progressive Corp also offers motorcycle insurance. This is an important area as there are many motorcycle enthusiasts who need adequate insurance to protect themselves against potential accidents. Progressive offers a wide range of insurance options to protect riders against potential damages. Home insurance Progressive Corp also provides home insurance to offer comprehensive protection to its customers. The insurance covers protection against natural disasters such as floods or fires while also safeguarding their property. The insurance can be customized to fit the individual needs and budget of the customer. Conclusion Progressive Corp is an important player in the insurance industry. The company aims to provide its customers with high quality in terms of services and customer support. Progressive is an innovative company that leverages its niche position through direct marketing. As a result, the company remains competitive and well-positioned. Progressive ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Progressive's Return on Assets (ROA)
Progressive's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Progressive's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Progressive's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Progressive’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Progressive stock
What was the ROA of Progressive compared to the previous year?
The ROA of Progressive has increased by 373.43% compared to the previous year.
What consequences do high ROA have for investors of Progressive?
A high ROA is advantageous for investors of Progressive, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Progressive?
A low ROA can be unfavorable for investors of Progressive as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Progressive affect the company?
An increase in ROA of Progressive can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Progressive impact the company?
A reduction in the ROA of Progressive can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Progressive?
Some factors that can influence the ROA of Progressive include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Progressive important for investors?
The ROA of Progressive is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Progressive take to improve ROA?
To improve ROA, Progressive can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does Progressive pay?
Over the past 12 months, Progressive paid a dividend of 0.4 USD . This corresponds to a dividend yield of about 0.17 %. For the coming 12 months, Progressive is expected to pay a dividend of 0.41 USD.
What is the dividend yield of Progressive?
The current dividend yield of Progressive is 0.17 %.
When does Progressive pay dividends?
Progressive pays a quarterly dividend. This is distributed in the months of August, November, February, February.
How secure is the dividend of Progressive?
Progressive paid dividends every year for the past 17 years.
What is the dividend of Progressive?
For the upcoming 12 months, dividends amounting to 0.41 USD are expected. This corresponds to a dividend yield of 0.17 %.
In which sector is Progressive located?
Progressive is assigned to the 'Finance' sector.
Wann musste ich die Aktien von Progressive kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Progressive from 1/16/2025 amounting to 0.1 USD, you needed to have the stock in your portfolio before the ex-date on 1/10/2025.
When did Progressive pay the last dividend?
The last dividend was paid out on 1/16/2025.
What was the dividend of Progressive in the year 2024?
In the year 2024, Progressive distributed 0.4 USD as dividends.
In which currency does Progressive pay out the dividend?
The dividends of Progressive are distributed in USD.
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Our stock analysis for Progressive Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Progressive Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
