AIG vs. PGR: American International vs. Progressive Stock Comparison
How do American International (AIG) and Progressive (PGR) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
American International (AIG) and Progressive (PGR) both belong to the Insurance industry, though AIG is classified under Multi-line Insurance while PGR falls under Property & Casualty Insurance.
| Profile Item | AIG | PGR |
|---|---|---|
| Name | American International Group, Inc. | The Progressive Corporation |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Insurance | Insurance |
| GICS Industry | Insurance | Insurance |
| GICS Sub-Industry | Multi-line Insurance | Property & Casualty Insurance |
| Market Capitalization | 40.31 billion USD | 131.96 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1973 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AIG | PGR |
|---|---|---|
| Total Return (1Y) | 5.79% | 11.71% |
| Total Return (3Y, Annualized) | 10.55% | 15.84% |
| Total Return (5Y, Annualized) | 8.67% | 21.68% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AIG | PGR |
|---|---|---|
| Volatility (1Y, Annualized) | 23.72% | 26.37% |
| Beta (5Y) | 0.47 | 0.22 |
| Max Drawdown (5Y) | -26.45% | -30.35% |
| Avg. Volume (3M) | 4.14M | 2.59M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AIG | PGR |
|---|---|---|
| Sharpe Ratio (1Y) | 0.06 | 0.28 |
| Sortino Ratio (1Y) | 0.09 | 0.39 |
Profitability
ROE (TTM)
Progressive (PGR) at 33.24% sits in the top ROE quartile, while American International (AIG) at 8.23% is in the bottom quartile, showing a clear gap in returns on equity.
AIG
Insurance industry group
8.23%
- Max
- 41.68%
- Q3
- 22.04%
- Median
- 14.81%
- Q1
- 8.79%
- AIG
- 8.23%
- Min
- -10.66%
PGR
Insurance industry group
33.24%
- Max
- 41.68%
- PGR
- 33.24%
- Q3
- 22.04%
- Median
- 14.81%
- Q1
- 8.79%
- Min
- -10.66%
Net Margin (TTM)
Both American International (AIG) at 11.84% and Progressive (PGR) at 12.67% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
AIG
Insurance industry group
11.84%
- Max
- 29.92%
- Q3
- 17.03%
- AIG
- 11.84%
- Median
- 10.97%
- Q1
- 6.21%
- Min
- -4.68%
PGR
Insurance industry group
12.67%
- Max
- 29.92%
- Q3
- 17.03%
- PGR
- 12.67%
- Median
- 10.97%
- Q1
- 6.21%
- Min
- -4.68%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for American International (AIG) in Insurance and Progressive (PGR) in Insurance, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | AIG | PGR |
|---|---|---|
| ROE (TTM) | 8.23% | 33.24% |
| ROA (TTM) | 1.95% | 7.53% |
| Net Margin (TTM) | 11.84% | 12.67% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Progressive (PGR) at 16.32% is around its peer norm for revenue growth, while American International (AIG) at -1.82% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Only one side can be read here: Progressive (PGR) reports EPS growth of 33.54%, ranked against its industry; American International (AIG) has no EPS growth figure this period.
Growth Metrics
| Metric | AIG | PGR |
|---|---|---|
| Revenue Growth (YoY) | -1.82% | 16.32% |
| Revenue Growth (3Y CAGR) | -3.69% | 20.90% |
| EPS Growth (YoY) | -- | 33.54% |
| EPS Growth (3Y CAGR) | -25.13% | 153.53% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: American International (AIG) in Insurance and Progressive (PGR) in Insurance both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: American International (AIG) in Insurance and Progressive (PGR) in Insurance run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | AIG | PGR |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
American International (AIG) at 2.35% delivers top-quartile income for its industry, while Progressive (PGR) at 0.17% pays a more typical yield — both are credible income propositions, AIG the richer one.
AIG
Insurance industry group
2.35%
- Max
- 5.12%
- AIG
- 2.35%
- Q3
- 2.15%
- Median
- 0.98%
- Q1
- 0.00%
- Min
- 0.00%
PGR
Insurance industry group
0.17%
- Max
- 5.12%
- Q3
- 2.15%
- Median
- 0.98%
- PGR
- 0.17%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
American International (AIG) at 31.00% pays out a band-typical share of earnings, while Progressive (PGR) at 70.03% distributes more than its industry norm — less retained, thinner cover.
AIG
Insurance industry group
31.00%
- Max
- 76.67%
- Q3
- 35.18%
- AIG
- 31.00%
- Median
- 14.74%
- Q1
- 0.00%
- Min
- 0.00%
PGR
Insurance industry group
70.03%
- Max
- 76.67%
- PGR
- 70.03%
- Q3
- 35.18%
- Median
- 14.74%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AIG | PGR |
|---|---|---|
| Dividend Yield (TTM) | 2.35% | 0.17% |
| Dividend Payout Ratio (TTM) | 31.00% | 70.03% |
Valuation
P/E Ratio (TTM)
Both American International (AIG) at 12.68 and Progressive (PGR) at 11.47 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
AIG
Insurance industry group
12.68
- Max
- 28.37
- Q3
- 18.75
- AIG
- 12.68
- Median
- 12.23
- Q1
- 9.08
- Min
- 2.32
PGR
Insurance industry group
11.47
- Max
- 28.37
- Q3
- 18.75
- Median
- 12.23
- PGR
- 11.47
- Q1
- 9.08
- Min
- 2.32
P/S Ratio (TTM)
On P/S ratio, both American International (AIG) at 1.45 and Progressive (PGR) at 1.44 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
AIG
Insurance industry group
1.45
- Max
- 4.03
- Q3
- 2.25
- AIG
- 1.45
- Median
- 1.23
- Q1
- 0.85
- Min
- 0.07
PGR
Insurance industry group
1.44
- Max
- 4.03
- Q3
- 2.25
- PGR
- 1.44
- Median
- 1.23
- Q1
- 0.85
- Min
- 0.07
P/B Ratio (MRQ)
American International (AIG) at 1.04 looks cheap against book in the lower P/B ratio quartile, while Progressive (PGR) at 3.82 carries a premium in the upper quartile — a clear price-to-book gap.
AIG
Insurance industry group
1.04
- Max
- 5.07
- Q3
- 2.79
- Median
- 1.76
- Q1
- 1.23
- AIG
- 1.04
- Min
- 0.30
PGR
Insurance industry group
3.82
- Max
- 5.07
- PGR
- 3.82
- Q3
- 2.79
- Median
- 1.76
- Q1
- 1.23
- Min
- 0.30
Valuation Metrics
| Metric | AIG | PGR |
|---|---|---|
| P/E Ratio (TTM) | 12.68 | 11.47 |
| P/S Ratio (TTM) | 1.45 | 1.44 |
| P/B Ratio (MRQ) | 1.04 | 3.82 |
| Free Cash Flow Yield (TTM) | -- | -- |