CNA vs. PGR: CNA Financial vs. Progressive Stock Comparison
How do CNA Financial (CNA) 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
CNA Financial (CNA) and Progressive (PGR) are both classified in the Property & Casualty Insurance sub-industry within the broader Insurance industry, placing them in the closest GICS peer bucket.
| Profile Item | CNA | PGR |
|---|---|---|
| Name | CNA Financial Corporation Common Stock | 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 | Property & Casualty Insurance | Property & Casualty Insurance |
| Market Capitalization | 12.81 billion USD | 131.96 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | February 21, 1973 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CNA | PGR |
|---|---|---|
| Total Return (1Y) | 13.42% | 11.71% |
| Total Return (3Y, Annualized) | 15.22% | 15.84% |
| Total Return (5Y, Annualized) | 9.00% | 21.68% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CNA | PGR |
|---|---|---|
| Volatility (1Y, Annualized) | 20.85% | 26.37% |
| Beta (5Y) | 0.22 | 0.22 |
| Max Drawdown (5Y) | -25.67% | -30.35% |
| Avg. Volume (3M) | 454.06K | 2.59M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CNA | PGR |
|---|---|---|
| Sharpe Ratio (1Y) | 0.44 | 0.28 |
| Sortino Ratio (1Y) | 0.62 | 0.39 |
Profitability
ROE (TTM)
Progressive (PGR) at 33.24% sits in the top ROE quartile, while CNA Financial (CNA) at 9.56% is closer to the peer norm — stronger capital efficiency for PGR.
CNA
Insurance industry group
9.56%
- Max
- 41.68%
- Q3
- 22.04%
- Median
- 14.81%
- CNA
- 9.56%
- 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%
Net Margin (TTM)
Both CNA Financial (CNA) at 6.80% 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.
CNA
Insurance industry group
6.80%
- Max
- 29.92%
- Q3
- 17.03%
- Median
- 10.97%
- CNA
- 6.80%
- 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%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for CNA Financial (CNA) 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 | CNA | PGR |
|---|---|---|
| ROE (TTM) | 9.56% | 33.24% |
| ROA (TTM) | 1.29% | 7.53% |
| Net Margin (TTM) | 6.80% | 12.67% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Both CNA Financial (CNA) at 5.10% 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.
EPS Growth
Both CNA Financial (CNA) at 33.24% 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.
Growth Metrics
| Metric | CNA | PGR |
|---|---|---|
| Revenue Growth (YoY) | 5.10% | 16.32% |
| Revenue Growth (3Y CAGR) | 7.36% | 20.90% |
| EPS Growth (YoY) | 33.24% | 33.54% |
| EPS Growth (3Y CAGR) | 12.66% | 153.53% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: CNA Financial (CNA) 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: CNA Financial (CNA) 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 | CNA | PGR |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
CNA Financial (CNA) at 3.95% delivers top-quartile income for its industry, while Progressive (PGR) at 0.17% pays a more typical yield — both are credible income propositions, CNA the richer one.
CNA
Insurance industry group
3.95%
- Max
- 5.12%
- CNA
- 3.95%
- 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)
Both CNA Financial (CNA) at 50.26% and Progressive (PGR) at 70.03% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
CNA
Insurance industry group
50.26%
- Max
- 76.67%
- CNA
- 50.26%
- Q3
- 35.18%
- 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 | CNA | PGR |
|---|---|---|
| Dividend Yield (TTM) | 3.95% | 0.17% |
| Dividend Payout Ratio (TTM) | 50.26% | 70.03% |
Valuation
P/E Ratio (TTM)
Both CNA Financial (CNA) at 12.52 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.
CNA
Insurance industry group
12.52
- Max
- 28.37
- Q3
- 18.75
- CNA
- 12.52
- 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)
CNA Financial (CNA) at 0.84 sits in the cheaper P/S ratio quartile while Progressive (PGR) at 1.44 prices around its industry’s middle — CNA costs less per dollar of sales, though read it alongside growth and margins.
CNA
Insurance industry group
0.84
- Max
- 4.03
- Q3
- 2.25
- Median
- 1.23
- Q1
- 0.85
- CNA
- 0.84
- 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)
CNA Financial (CNA) at 1.25 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.
CNA
Insurance industry group
1.25
- Max
- 5.07
- Q3
- 2.79
- Median
- 1.76
- CNA
- 1.25
- 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
Valuation Metrics
| Metric | CNA | PGR |
|---|---|---|
| P/E Ratio (TTM) | 12.52 | 11.47 |
| P/S Ratio (TTM) | 0.84 | 1.44 |
| P/B Ratio (MRQ) | 1.25 | 3.82 |
| Free Cash Flow Yield (TTM) | -- | -- |