How many subsidiaries does PROGRESSIVE CORP/OH/ file with the SEC?

77, listed in its most recent exhibit 21. They are incorporated across 14 jurisdictions, led by Delaware, Indiana, Florida. 1 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is PROGRESSIVE CORP/OH/ financially healthy?

PROGRESSIVE CORP/OH/ scores 4 out of 6 on the Piotroski F-score. Only 6 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

PROGRESSIVE CORP/OH/ (PGR)

NYSE · Common Stock · Fire, Marine & Casualty Insurance

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

Corporate structure

77 entities across 14 jurisdictions, 1 in offshore financial centres. Read directly from the company’s own 10-K EX-21 filed 2026-03-02 — see the exhibit.

Which other public companies file entities in the same places:

Ohio32 Delaware10 Indiana9 Florida6 Wisconsin4 New York3 Michigan3 California2 Louisiana2 New Jersey2 Texas1 Hawaii1

Subsidiaries of PROGRESSIVE CORP/OH/ as disclosed in its SEC filing
Entity	Jurisdiction	Note
ARX Holding Corp.	Delaware
American Strategic Insurance Corp.	Indiana
ASI Assurance Corp.	Florida
ASI Home Insurance Corp.	Florida
ASI Lloyds, Inc.	Texas
ASI Preferred Insurance Corp.	Florida
ASI Select Auto Insurance Corp.	California
ASI Select Insurance Corp.	Indiana
ASI Underwriters Corp.	Florida
Progressive Property Insurance Company	Louisiana

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

4 / 6

PASSReturn on assets positiveROA 9.2%
PASSOperating cash flow positiveOCF 17.5B
PASSReturn on assets improving8.0% → 9.2%
PASSCash flow exceeds earningsOCF 17.5B vs NI 11.3B
FAILLong-term debt ratio fallingno debt reported
FAILCurrent ratio improvingno data
FAILNo share dilution588M → 588M shares
FAILGross margin improvingno gross profit reported
FAILAsset turnover improving0.71× → 0.71×

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$42.7B	$5.7B	$6.7B	—	587,600,000
FY2021	$47.7B	$3.4B	$7.5B	—	587,100,000
FY2022	$49.6B	$721.5M	$6.6B	—	587,100,000
FY2023	$62.1B	$3.9B	$10.4B	—	587,500,000
FY2024	$75.4B	$8.5B	$14.8B	—	587,700,000
FY2025

Capital returned

What the company actually paid out and bought back, as reported — the record behind any yield figure.

Dividend per share

2026Q2: $0.10
2026Q1: $0.10
2025Q3: $0.10
2025Q2: $0.10
2025Q1: $0.10
2024Q3: $0.10

Identity

CIK: 0000080661
FIGI: BBG000BR37X2
SIC: 6331 · Fire, Marine & Casualty Insurance
Incorporated: OH
Headquarters: MAYFIELD VILLAGE, OH

Ownership

Institutional: 89.9%
Institutions: 2,471
Insiders: 0.2%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Questions about PROGRESSIVE CORP/OH/

How many subsidiaries does PROGRESSIVE CORP/OH/ file with the SEC?: 77, listed in its most recent exhibit 21. They are incorporated across 14 jurisdictions, led by Delaware, Indiana, Florida. 1 of them sit in offshore financial centres. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is PROGRESSIVE CORP/OH/ financially healthy?: PROGRESSIVE CORP/OH/ scores 4 out of 6 on the Piotroski F-score. Only 6 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.