LNC vs. PGR: Lincoln National vs. Progressive Stock Comparison

Performance

Cumulative Growth

Trailing Returns

Performance at a Glance

Risk

Drawdown

Risk at a Glance

Company Profile

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

Valuation

Lincoln National (LNC) at 4.08 sits in the cheaper P/E ratio quartile, while Progressive (PGR) at 10.33 is closer to its industry’s usual earnings multiple — a discount for LNC, though growth and earnings durability still matter.

Lincoln National (LNC) at 0.38 sits in the cheaper P/S ratio quartile while Progressive (PGR) at 1.33 prices around its industry’s middle — LNC costs less per dollar of sales, though read it alongside growth and margins.

Lincoln National (LNC) at 0.77 looks cheap against book in the lower P/B ratio quartile, while Progressive (PGR) at 3.70 carries a premium in the upper quartile — a clear price-to-book gap.

Valuation at a Glance

Profitability

Progressive (PGR) at 37.90% sits in the top ROE quartile, while Lincoln National (LNC) at 18.77% is closer to the peer norm — stronger capital efficiency for PGR.

Both Lincoln National (LNC) at 9.17% and Progressive (PGR) at 12.93% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

Neither side reports a meaningful operating margin: for Lincoln National (LNC) 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 at a Glance

Growth

Revenue Growth

Revenue Growth at a Glance

EPS Growth

EPS Growth at a Glance

Financial Strength

current ratio doesn’t apply on either side: Lincoln National (LNC) 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-to-equity ratio is set aside for both: Lincoln National (LNC) 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 at a Glance

Dividends

Lincoln National (LNC) at 4.83% earns its spot in the top quartile of its industry’s yields; Progressive (PGR) at 6.84% is past the top of its own peer range — territory where a dividend-safety check matters more than the headline number.

Lincoln National (LNC) at 19.69% pays out a band-typical share of earnings, while Progressive (PGR) at 70.70% distributes more than its industry norm — less retained, thinner cover.

Dividends at a Glance