Daniel Mascaro - Progressive Chief VP

PGV Stock  EUR 257.55  4.55  1.80%   

Insider

Daniel Mascaro is Chief VP of The Progressive
Age 60
Phone440 461 5000
Webhttps://www.progressive.com

Progressive Management Efficiency

The company has return on total asset (ROA) of 0.0118 % which means that it generated a profit of $0.0118 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0423 %, meaning that it generated $0.0423 on every $100 dollars invested by stockholders. Progressive's management efficiency ratios could be used to measure how well Progressive manages its routine affairs as well as how well it operates its assets and liabilities.
The Progressive has accumulated 6.39 B in total debt with debt to equity ratio (D/E) of 32.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Progressive has a current ratio of 0.34, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Progressive until it has trouble settling it off, either with new capital or with free cash flow. So, Progressive's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Progressive sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Progressive to invest in growth at high rates of return. When we think about Progressive's use of debt, we should always consider it together with cash and equity.

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The Progressive Corporation, through its subsidiaries, provides personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services primarily in the United States. The company was founded in 1937 and is headquartered in Mayfield, Ohio. PROGRESSIVE CORP operates under Insurance - Property Casualty classification in Germany and is traded on Frankfurt Stock Exchange. It employs 37346 people. The Progressive (PGV) is traded on Frankfurt Exchange in Germany and employs 10 people.

Management Performance

Progressive Leadership Team

Elected by the shareholders, the Progressive's board of directors comprises two types of representatives: Progressive inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Progressive. The board's role is to monitor Progressive's management team and ensure that shareholders' interests are well served. Progressive's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Progressive's outside directors are responsible for providing unbiased perspectives on the board's policies.
Daniel Mascaro, Chief VP
William II, Chief Officer
Mariann Marshall, Chief VP
Douglas Constantine, Director Relations
Steven Broz, Chief Officer
Patrick Callahan, Pres Lines
Jonathan Bauer, Chief Officer
John Sauerland, VP CFO
Remi Kent, Chief Officer
Susan Griffith, CEO Pres

Progressive Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Progressive a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Information on Investing in Progressive Stock

Progressive financial ratios help investors to determine whether Progressive Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Progressive with respect to the benefits of owning Progressive security.