Progressive Wraps Up the Year - Key Takeaways from Its Latest Results

What to do with Progressive shares

Progressive (PGR) released its preliminary 2024 results yesterday and the stock action was mildly positive. I want to share some quick impressions with you and suggest a course of action. It also matters for Berkshire Hathaway (BRK.A) (BRK.B) as Geico usually follows Progressive and even today, Geico is BRK’s main engine!

Results

The main results are in the table below copied from the Progressive site followed by my comments regarding this and other tables in the report.