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AIZ vs. PGR: Assurant vs. Progressive Stock Comparison

How do Assurant (AIZ) 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

Assurant (AIZ) and Progressive (PGR) both belong to the Insurance industry, though AIZ is classified under Multi-line Insurance while PGR falls under Property & Casualty Insurance.

Company profile comparison for Assurant (AIZ) and Progressive (PGR)
Profile ItemAIZPGR
NameAssurant Inc.The Progressive Corporation
Country/RegionUnited StatesUnited States
GICS SectorFinancialsFinancials
GICS Industry GroupInsuranceInsurance
GICS IndustryInsuranceInsurance
GICS Sub-IndustryMulti-line InsuranceProperty & Casualty Insurance
Market Capitalization15.06 billion USD131.96 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateFebruary 5, 2004March 17, 1980
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

AIZ
PGR
GSPC
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Assurant (AIZ) vs. Progressive (PGR), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Assurant (AIZ) and Progressive (PGR). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Assurant (AIZ) and Progressive (PGR). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Assurant (AIZ) and Progressive (PGR)
MetricAIZPGR
Total Return (1Y)42.48%11.71%
Total Return (3Y, Annualized)26.94%15.84%
Total Return (5Y, Annualized)16.38%21.68%

Risk Profile

Drawdown History

AIZ
PGR
GSPC
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Assurant (AIZ) vs. Progressive (PGR), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Assurant (AIZ) and Progressive (PGR). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Assurant (AIZ) and Progressive (PGR)
MetricAIZPGR
Volatility (1Y, Annualized)22.42%26.37%
Beta (5Y)0.480.22
Max Drawdown (5Y)-44.63%-30.35%
Avg. Volume (3M)365.61K2.59M

Risk-Adjusted Performance

Risk-Return Positioning

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AIZ and PGR are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Assurant (AIZ) and Progressive (PGR)
MetricAIZPGR
Sharpe Ratio (1Y)1.700.28
Sortino Ratio (1Y)2.570.39

Profitability

ROE (TTM)

Progressive (PGR) at 33.24% sits in the top ROE quartile, while Assurant (AIZ) at 18.27% is closer to the peer norm — stronger capital efficiency for PGR.

AIZ

Insurance industry group

18.27%

Max
41.68%
Q3
22.04%
AIZ
18.27%
Median
14.81%
Q1
8.79%
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%
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Assurant (AIZ) vs. Progressive (PGR): A comparison of their ROE against the Insurance industry group benchmark.

Net Margin (TTM)

Both Assurant (AIZ) at 7.80% 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.

AIZ

Insurance industry group

7.80%

Max
29.92%
Q3
17.03%
Median
10.97%
AIZ
7.80%
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%
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Assurant (AIZ) vs. Progressive (PGR): A comparison of their net margin against the Insurance industry group benchmark.

Operating Margin (TTM)

Neither side reports a meaningful operating margin: for Assurant (AIZ) 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

Profitability metrics for Assurant (AIZ) and Progressive (PGR)
MetricAIZPGR
ROE (TTM)18.27%33.24%
ROA (TTM)2.57%7.53%
Net Margin (TTM)7.80%12.67%
Operating Margin (TTM)----
Gross Margin (TTM)----

Growth

Revenue Growth

Both Assurant (AIZ) at 7.89% and Progressive (PGR) at 16.32% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Assurant (AIZ) vs. Progressive (PGR): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Assurant (AIZ) at 17.08% and Progressive (PGR) at 33.54% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Assurant (AIZ) vs. Progressive (PGR): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Assurant (AIZ) and Progressive (PGR)
MetricAIZPGR
Revenue Growth (YoY)7.89%16.32%
Revenue Growth (3Y CAGR)7.93%20.90%
EPS Growth (YoY)17.08%33.54%
EPS Growth (3Y CAGR)49.67%153.53%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Assurant (AIZ) 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: Assurant (AIZ) 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

Financial strength metrics for Assurant (AIZ) and Progressive (PGR)
MetricAIZPGR
Current Ratio (MRQ)----
Debt / Equity (MRQ)----
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

Both Assurant (AIZ) at 1.15% and Progressive (PGR) at 0.17% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

AIZ

Insurance industry group

1.15%

Max
5.12%
Q3
2.15%
AIZ
1.15%
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%
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Assurant (AIZ) vs. Progressive (PGR): A comparison of their dividend yield against the Insurance industry group benchmark.

Dividend Payout Ratio (TTM)

Assurant (AIZ) at 16.60% pays out a band-typical share of earnings, while Progressive (PGR) at 70.03% distributes more than its industry norm — less retained, thinner cover.

AIZ

Insurance industry group

16.60%

Max
76.67%
Q3
35.18%
AIZ
16.60%
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%
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Assurant (AIZ) vs. Progressive (PGR): A comparison of their payout ratio against the Insurance industry group benchmark.

Dividend Metrics

Dividend metrics for Assurant (AIZ) and Progressive (PGR)
MetricAIZPGR
Dividend Yield (TTM)1.15%0.17%
Dividend Payout Ratio (TTM)16.60%70.03%

Valuation

P/E Ratio (TTM)

Both Assurant (AIZ) at 14.48 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.

AIZ

Insurance industry group

14.48

Max
28.37
Q3
18.75
AIZ
14.48
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
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Assurant (AIZ) vs. Progressive (PGR): A comparison of their P/E ratio against the Insurance industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Assurant (AIZ) at 1.10 and Progressive (PGR) at 1.44 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

AIZ

Insurance industry group

1.10

Max
4.03
Q3
2.25
Median
1.23
AIZ
1.10
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
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Assurant (AIZ) vs. Progressive (PGR): A comparison of their P/S ratio against the Insurance industry group benchmark.

P/B Ratio (MRQ)

Assurant (AIZ) at 2.52 is valued about in line with its industry on P/B ratio, while Progressive (PGR) at 3.82 carries an above-peer premium to book — PGR is pricier on assets.

AIZ

Insurance industry group

2.52

Max
5.07
Q3
2.79
AIZ
2.52
Median
1.76
Q1
1.23
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
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Assurant (AIZ) vs. Progressive (PGR): A comparison of their P/B ratio against the Insurance industry group benchmark.

Valuation Metrics

Valuation metrics for Assurant (AIZ) and Progressive (PGR)
MetricAIZPGR
P/E Ratio (TTM)14.4811.47
P/S Ratio (TTM)1.101.44
P/B Ratio (MRQ)2.523.82
Free Cash Flow Yield (TTM)----