Aon (AON) vs. Progressive (PGR)
This page compares Aon (AON) with Progressive (PGR) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.
Company Profile
Aon (AON) and Progressive (PGR) both belong to the Insurance industry, though AON is classified under Insurance Brokers while PGR falls under Property & Casualty Insurance.
| Symbol | AON | PGR |
|---|---|---|
| Name | Aon plc | Progressive Corporation |
| Country/Region | Ireland | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Insurance | Insurance |
| GICS Industry | Insurance | Insurance |
| GICS Sub-Industry | Insurance Brokers | Property & Casualty Insurance |
| Market Capitalization | 70.82 billion USD | 116.78 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 2, 1980 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Valuation
Price-to-Earnings Ratio (TTM)
Progressive (PGR) at 10.18 carries typical industry Price-to-Earnings Ratio (TTM), while Aon (AON) at 18.22 sits in the higher-multiple quartile — AON carries a higher trailing earnings multiple relative to peers.
AON
Insurance industry group
18.22
- Max
- 28.03
- Q3
- 16.55
- Median
- 11.89
- Q1
- 8.14
- Min
- 3.32
PGR
Insurance industry group
10.18
- Max
- 28.03
- Q3
- 16.55
- Median
- 11.89
- Q1
- 8.14
- Min
- 3.32
Price-to-Sales Ratio (TTM)
Progressive (PGR) at 1.31 is priced about in line with its industry on Price-to-Sales Ratio (TTM), while Aon (AON) at 4.05 sits in the pricier quartile — AON costs more per dollar of sales.
AON
Insurance industry group
4.05
- Max
- 4.05
- Q3
- 2.12
- Median
- 1.17
- Q1
- 0.81
- Min
- 0.13
PGR
Insurance industry group
1.31
- Max
- 4.05
- Q3
- 2.12
- Median
- 1.17
- Q1
- 0.81
- Min
- 0.13
Price-to-Book Ratio (MRQ)
Both look rich against book: Progressive (PGR) at 3.65 sits in the upper Price-to-Book Ratio (MRQ) quartile, and Aon (AON) at 7.20 prices even higher, above its industry range.
AON
Insurance industry group
7.20
- Max
- 3.65
- Q3
- 2.20
- Median
- 1.60
- Q1
- 1.11
- Min
- -0.14
PGR
Insurance industry group
3.65
- Max
- 3.65
- Q3
- 2.20
- Median
- 1.60
- Q1
- 1.11
- Min
- -0.14
Valuation at a Glance
| Symbol | AON | PGR |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 18.22 | 10.18 |
| Price-to-Sales Ratio (TTM) | 4.05 | 1.31 |
| Price-to-Book Ratio (MRQ) | 7.20 | 3.65 |
| Free Cash Flow Yield | 4.72% | 13.27% |
Profitability
Return on Equity (TTM)
Aon (AON) leads with Return on Equity (TTM) of 46.45%, above its industry benchmark range, while Progressive (PGR) at 37.90% also ranks strongly in the top quartile.
AON
Insurance industry group
46.45%
- Max
- 38.88%
- Q3
- 22.53%
- Median
- 14.44%
- Q1
- 9.76%
- Min
- -6.23%
PGR
Insurance industry group
37.90%
- Max
- 38.88%
- Q3
- 22.53%
- Median
- 14.44%
- Q1
- 9.76%
- Min
- -6.23%
Net Profit Margin (TTM)
Aon (AON) at 22.54% retains a top-quartile share of revenue as profit, ahead of Progressive (PGR) at 12.93%, which keeps about the industry-typical share.
AON
Insurance industry group
22.54%
- Max
- 38.86%
- Q3
- 19.36%
- Median
- 11.21%
- Q1
- 5.35%
- Min
- -2.80%
PGR
Insurance industry group
12.93%
- Max
- 38.86%
- Q3
- 19.36%
- Median
- 11.21%
- Q1
- 5.35%
- Min
- -2.80%
Operating Profit Margin (TTM)
Operating Profit Margin (TTM) isn’t a meaningful figure for either Aon (AON) in Insurance or Progressive (PGR) in Insurance under our convention.
AON
Insurance industry group
35.84%
- Max
- 47.92%
- Q3
- 23.78%
- Median
- 15.75%
- Q1
- 7.31%
- Min
- -16.30%
PGR
Insurance industry group
16.39%
- Max
- 47.92%
- Q3
- 23.78%
- Median
- 15.75%
- Q1
- 7.31%
- Min
- -16.30%
Profitability at a Glance
| Symbol | AON | PGR |
|---|---|---|
| Return on Equity (TTM) | 46.45% | 37.90% |
| Return on Assets (TTM) | 6.05% | 7.94% |
| Net Profit Margin (TTM) | 22.54% | 12.93% |
| Operating Profit Margin (TTM) | 35.84% | 16.39% |
| Gross Profit Margin (TTM) | 47.34% | 18.56% |
Growth
Revenue Growth
Revenue Growth at a Glance
| Symbol | AON | PGR |
|---|---|---|
| 1-Year Revenue Growth | 9.45% | 16.32% |
| 3-Year Revenue CAGR | 11.25% | 20.90% |
EPS Growth
EPS Growth at a Glance
| Symbol | AON | PGR |
|---|---|---|
| 1-Year EPS Growth | 36.27% | 33.54% |
| 3-Year EPS CAGR | 11.92% | 153.53% |
Financial Strength
Current Ratio (MRQ)
Current Ratio (MRQ) isn’t a meaningful figure for either Aon (AON) in Insurance or Progressive (PGR) in Insurance under our convention.
AON
Insurance industry group
1.07
- Max
- 3.72
- Q3
- 1.91
- Median
- 1.13
- Q1
- 0.66
- Min
- 0.12
PGR
Insurance industry group
0.30
- Max
- 3.72
- Q3
- 1.91
- Median
- 1.13
- Q1
- 0.66
- Min
- 0.12
Debt-to-Equity Ratio (MRQ)
Debt-to-Equity Ratio (MRQ) isn’t a meaningful figure for either Aon (AON) in Insurance or Progressive (PGR) in Insurance under our convention.
AON
Insurance industry group
1.55
- Max
- 0.86
- Q3
- 0.48
- Median
- 0.30
- Q1
- 0.14
- Min
- 0.00
PGR
Insurance industry group
0.26
- Max
- 0.86
- Q3
- 0.48
- Median
- 0.30
- Q1
- 0.14
- Min
- 0.00
Financial Strength at a Glance
| Symbol | AON | PGR |
|---|---|---|
| Current Ratio (MRQ) | 1.07 | 0.30 |
| Debt-to-Equity Ratio (MRQ) | 1.55 | 0.26 |
| Net Debt / EBITDA | 2.44 | 0.40 |
Dividends
Dividend Yield (TTM)
Both Aon (AON) at 0.99% and Progressive (PGR) at 6.95% report Dividend Yield (TTM) near their industry mid-ranges, so neither company stands out strongly from peers on cash yield relative to share price.
AON
Insurance industry group
0.99%
- Max
- 5.63%
- Q3
- 2.73%
- Median
- 1.44%
- Q1
- 0.00%
- Min
- 0.00%
PGR
Insurance industry group
6.95%
- Max
- 5.63%
- Q3
- 2.73%
- Median
- 1.44%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Aon (AON) at 16.36% maintains Dividend Payout Ratio (TTM) around its industry median — a balanced dividend policy. Progressive (PGR) at 70.70% sits outside the typical mid-range, leaning toward more retention or more distribution than the industry median.
AON
Insurance industry group
16.36%
- Max
- 86.52%
- Q3
- 35.84%
- Median
- 15.02%
- Q1
- 0.00%
- Min
- 0.00%
PGR
Insurance industry group
70.70%
- Max
- 86.52%
- Q3
- 35.84%
- Median
- 15.02%
- Q1
- 0.00%
- Min
- 0.00%
Dividends at a Glance
| Symbol | AON | PGR |
|---|---|---|
| Dividend Yield (TTM) | 0.99% | 6.95% |
| Dividend Payout Ratio (TTM) | 16.36% | 70.70% |
Performance & Risk
Performance & Risk at a Glance
| Symbol | AON | PGR |
|---|---|---|
| 1-Year Return | -11.77% | -23.65% |
| 1-Year Volatility | 23.54% | 22.63% |
| Beta | 0.70 | 0.27 |
| 3-Month Avg. Volume | 1.41M | 2.96M |