Seek Returns

GL vs. PGR: Globe Life vs. Progressive Stock Comparison

How do Globe Life (GL) 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

Globe Life (GL) and Progressive (PGR) both belong to the Insurance industry, though GL is classified under Life & Health Insurance while PGR falls under Property & Casualty Insurance.

Company profile comparison for Globe Life (GL) and Progressive (PGR)
Profile ItemGLPGR
NameGlobe Life Inc.The Progressive Corporation
Country/RegionUnited StatesUnited States
GICS SectorFinancialsFinancials
GICS Industry GroupInsuranceInsurance
GICS IndustryInsuranceInsurance
GICS Sub-IndustryLife & Health InsuranceProperty & Casualty Insurance
Market Capitalization11.86 billion USD131.96 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateOctober 1, 1980March 17, 1980
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

GL
PGR
GSPC
Loading price history…
Globe Life (GL) 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

Loading price history…
Trailing total returns for Globe Life (GL) and Progressive (PGR). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for Globe Life (GL) and Progressive (PGR). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Globe Life (GL) and Progressive (PGR)
MetricGLPGR
Total Return (1Y)22.37%11.71%
Total Return (3Y, Annualized)12.75%15.84%
Total Return (5Y, Annualized)12.63%21.68%

Risk Profile

Drawdown History

GL
PGR
GSPC
Loading price history…
Globe Life (GL) 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

Loading price history…
Distribution of monthly total returns for Globe Life (GL) and Progressive (PGR). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Globe Life (GL) and Progressive (PGR)
MetricGLPGR
Volatility (1Y, Annualized)21.23%26.37%
Beta (5Y)0.460.22
Max Drawdown (5Y)-61.62%-30.35%
Avg. Volume (3M)504.63K2.59M

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
GL 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 Globe Life (GL) and Progressive (PGR)
MetricGLPGR
Sharpe Ratio (1Y)0.850.28
Sortino Ratio (1Y)1.130.39

Profitability

ROE (TTM)

Progressive (PGR) at 33.24% sits in the top ROE quartile, while Globe Life (GL) at 19.26% is closer to the peer norm — stronger capital efficiency for PGR.

GL

Insurance industry group

19.26%

Max
41.68%
Q3
22.04%
GL
19.26%
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%
Loading chart…
Globe Life (GL) vs. Progressive (PGR): A comparison of their ROE against the Insurance industry group benchmark.

Net Margin (TTM)

Globe Life (GL) at 18.89% retains a top-quartile share of revenue as profit, ahead of Progressive (PGR) at 12.67%, which keeps about the industry-typical share.

GL

Insurance industry group

18.89%

Max
29.92%
GL
18.89%
Q3
17.03%
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%
Loading chart…
Globe Life (GL) 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 Globe Life (GL) 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 Globe Life (GL) and Progressive (PGR)
MetricGLPGR
ROE (TTM)19.26%33.24%
ROA (TTM)3.32%7.53%
Net Margin (TTM)18.89%12.67%
Operating Margin (TTM)----
Gross Margin (TTM)----

Growth

Revenue Growth

Both Globe Life (GL) at 3.74% 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.

Loading chart…
Globe Life (GL) vs. Progressive (PGR): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Globe Life (GL) at 17.84% 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.

Loading chart…
Globe Life (GL) vs. Progressive (PGR): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Globe Life (GL) and Progressive (PGR)
MetricGLPGR
Revenue Growth (YoY)3.74%16.32%
Revenue Growth (3Y CAGR)4.67%20.90%
EPS Growth (YoY)17.84%33.54%
EPS Growth (3Y CAGR)23.50%153.53%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Globe Life (GL) 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: Globe Life (GL) 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 Globe Life (GL) and Progressive (PGR)
MetricGLPGR
Current Ratio (MRQ)----
Debt / Equity (MRQ)----
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

Both Globe Life (GL) at 0.79% and Progressive (PGR) at 0.17% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

GL

Insurance industry group

0.79%

Max
5.12%
Q3
2.15%
Median
0.98%
GL
0.79%
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%
Loading chart…
Globe Life (GL) vs. Progressive (PGR): A comparison of their dividend yield against the Insurance industry group benchmark.

Dividend Payout Ratio (TTM)

Globe Life (GL) at 8.43% pays out a band-typical share of earnings, while Progressive (PGR) at 70.03% distributes more than its industry norm — less retained, thinner cover.

GL

Insurance industry group

8.43%

Max
76.67%
Q3
35.18%
Median
14.74%
GL
8.43%
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%
Loading chart…
Globe Life (GL) vs. Progressive (PGR): A comparison of their payout ratio against the Insurance industry group benchmark.

Dividend Metrics

Dividend metrics for Globe Life (GL) and Progressive (PGR)
MetricGLPGR
Dividend Yield (TTM)0.79%0.17%
Dividend Payout Ratio (TTM)8.43%70.03%

Valuation

P/E Ratio (TTM)

Both Globe Life (GL) at 10.52 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.

GL

Insurance industry group

10.52

Max
28.37
Q3
18.75
Median
12.23
GL
10.52
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
Loading chart…
Globe Life (GL) 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 Globe Life (GL) at 1.89 and Progressive (PGR) at 1.44 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

GL

Insurance industry group

1.89

Max
4.03
Q3
2.25
GL
1.89
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
Loading chart…
Globe Life (GL) vs. Progressive (PGR): A comparison of their P/S ratio against the Insurance industry group benchmark.

P/B Ratio (MRQ)

Globe Life (GL) at 1.81 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.

GL

Insurance industry group

1.81

Max
5.07
Q3
2.79
GL
1.81
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
Loading chart…
Globe Life (GL) vs. Progressive (PGR): A comparison of their P/B ratio against the Insurance industry group benchmark.

Valuation Metrics

Valuation metrics for Globe Life (GL) and Progressive (PGR)
MetricGLPGR
P/E Ratio (TTM)10.5211.47
P/S Ratio (TTM)1.891.44
P/B Ratio (MRQ)1.813.82
Free Cash Flow Yield (TTM)----