Annual Reports

The collection’s signature annual commission

Each year, Progressive commissions an artist or group of artists to interpret the annual report theme determined by our CEO. This theme and its unique visual presentation assert a companywide focal point for the coming year. Past themes include transparency, diversity, loyalty, and service. Visit our Investor Relations site for more information.

The Progressive Corporation 2025 Annual Report cover

2024 Annual Report: “Empathy”

Me. You. We. To be able to view the world and people within it through the lens of understanding and with genuine concern, we must first be able to recognize our true selves and reflect on the differences within us. At Progressive, our Core Values define who we are, and serve as the foundation for how we interact with others. Within the physical and virtual halls of Progressive, we have an incredible opportunity to live the Golden Rule every day. By putting ourselves in the shoes of our customers, showing compassion for those struggling in our communities, and taking the time to understand the partners we serve, we can help them move forward and live fully. With this purpose at the center of why we are here, we chose "empathy" as the theme for this year’s annual report.

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“Progressive's annual reports are quite literally the art of business. Like art, they give no excuses and hold nothing back. They are honest and uncompromising. There is no gray. You like them or you don't. They are philosophy and controversy rolled into one message, and that message is risk. And risk—for Progressive—smells like success.”

Mark Schwartz

Founder and CEO of Nesnadny + Schwartz, Designer of The Annual Report from 1983 – 2013

View our past annual reports

View or download a copy of our past annual reports