MET vs. PGR: MetLife vs. Progressive Stock Comparison
This page compares MetLife (MET) with Progressive (PGR) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.
Performance
Cumulative Growth
Trailing Returns
Performance at a Glance
| Metric | MET | PGR |
|---|---|---|
| 1-Year Return | 15.85% | -19.42% |
Risk
Drawdown
Risk at a Glance
| Metric | MET | PGR |
|---|---|---|
| 1-Year Volatility | 23.21% | 22.51% |
| Beta | 0.77 | 0.27 |
| 3-Month Avg. Volume | 3.49M | 2.94M |
Company Profile
MetLife (MET) and Progressive (PGR) both belong to the Insurance industry, though MET is classified under Life & Health Insurance while PGR falls under Property & Casualty Insurance.
| Profile Item | MET | PGR |
|---|---|---|
| Name | MetLife Inc. | Progressive Corporation |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Insurance | Insurance |
| GICS Industry | Insurance | Insurance |
| GICS Sub-Industry | Life & Health Insurance | Property & Casualty Insurance |
| Market Capitalization | 57.16 billion USD | 118.51 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | April 5, 2000 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Valuation
Price-to-Earnings Ratio (TTM)
Progressive (PGR) at 10.33 is near its industry’s usual P/E ratio, while MetLife (MET) at 17.18 sits in the richer quartile — MET needs stronger growth or earnings quality to justify the premium.
MET
Insurance industry group
17.18
- Max
- 25.24
- MET
- 17.18
- Q3
- 16.46
- Median
- 12.28
- Q1
- 8.66
- Min
- 3.44
PGR
Insurance industry group
10.33
- Max
- 25.24
- Q3
- 16.46
- Median
- 12.28
- PGR
- 10.33
- Q1
- 8.66
- Min
- 3.44
Price-to-Sales Ratio (TTM)
MetLife (MET) at 0.74 sits in the cheaper P/S ratio quartile while Progressive (PGR) at 1.33 prices around its industry’s middle — MET costs less per dollar of sales, though read it alongside growth and margins.
MET
Insurance industry group
0.74
- Max
- 3.96
- Q3
- 2.13
- Median
- 1.17
- Q1
- 0.82
- MET
- 0.74
- Min
- 0.13
PGR
Insurance industry group
1.33
- Max
- 3.96
- Q3
- 2.13
- PGR
- 1.33
- Median
- 1.17
- Q1
- 0.82
- Min
- 0.13
Price-to-Book Ratio (MRQ)
MetLife (MET) at 2.10 is valued about in line with its industry on P/B ratio, while Progressive (PGR) at 3.70 carries an above-peer premium to book — PGR is pricier on assets.
MET
Insurance industry group
2.10
- Max
- 3.70
- Q3
- 2.21
- MET
- 2.10
- Median
- 1.61
- Q1
- 1.12
- Min
- -0.14
PGR
Insurance industry group
3.70
- PGR
- 3.70
- Max
- 3.70
- Q3
- 2.21
- Median
- 1.61
- Q1
- 1.12
- Min
- -0.14
Valuation at a Glance
| Metric | MET | PGR |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 17.18 | 10.33 |
| Price-to-Sales Ratio (TTM) | 0.74 | 1.33 |
| Price-to-Book Ratio (MRQ) | 2.10 | 3.70 |
| Free Cash Flow Yield | -- | -- |
Profitability
Return on Equity (TTM)
Progressive (PGR) at 37.90% sits in the top ROE quartile, while MetLife (MET) at 13.01% is closer to the peer norm — stronger capital efficiency for PGR.
MET
Insurance industry group
13.01%
- Max
- 38.88%
- Q3
- 22.34%
- Median
- 14.13%
- MET
- 13.01%
- Q1
- 9.51%
- Min
- -6.23%
PGR
Insurance industry group
37.90%
- Max
- 38.88%
- PGR
- 37.90%
- Q3
- 22.34%
- Median
- 14.13%
- Q1
- 9.51%
- Min
- -6.23%
Net Profit Margin (TTM)
Progressive (PGR) at 12.93% keeps about the industry-typical share of revenue as profit, while MetLife (MET) at 4.67% retains only a bottom-quartile share.
MET
Insurance industry group
4.67%
- Max
- 38.86%
- Q3
- 19.36%
- Median
- 11.07%
- Q1
- 5.09%
- MET
- 4.67%
- Min
- -2.80%
PGR
Insurance industry group
12.93%
- Max
- 38.86%
- Q3
- 19.36%
- PGR
- 12.93%
- Median
- 11.07%
- Q1
- 5.09%
- Min
- -2.80%
Operating Profit Margin (TTM)
Neither side reports a meaningful operating margin: for MetLife (MET) 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
| Metric | MET | PGR |
|---|---|---|
| Return on Equity (TTM) | 13.01% | 37.90% |
| Return on Assets (TTM) | 0.45% | 7.94% |
| Net Profit Margin (TTM) | 4.67% | 12.93% |
| Operating Profit Margin (TTM) | -- | -- |
| Gross Profit Margin (TTM) | -- | -- |
Growth
Revenue Growth
Revenue Growth at a Glance
| Metric | MET | PGR |
|---|---|---|
| 1-Year Revenue Growth | 7.88% | 16.32% |
| 3-Year Revenue CAGR | 3.92% | 20.90% |
EPS Growth
EPS Growth at a Glance
| Metric | MET | PGR |
|---|---|---|
| 1-Year EPS Growth | -21.04% | 33.54% |
| 3-Year EPS CAGR | 18.50% | 153.53% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: MetLife (MET) 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 (MRQ)
debt-to-equity ratio is set aside for both: MetLife (MET) 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
| Metric | MET | PGR |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt-to-Equity Ratio (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
MetLife (MET) at 2.67% 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.
MET
Insurance industry group
2.67%
- Max
- 5.43%
- MET
- 2.67%
- Q3
- 2.64%
- Median
- 1.35%
- Q1
- 0.00%
- Min
- 0.00%
PGR
Insurance industry group
6.84%
- PGR
- 6.84%
- Max
- 5.43%
- Q3
- 2.64%
- Median
- 1.35%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both MetLife (MET) at 43.91% and Progressive (PGR) at 70.70% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
MET
Insurance industry group
43.91%
- Max
- 86.52%
- MET
- 43.91%
- Q3
- 35.43%
- Median
- 14.92%
- Q1
- 0.00%
- Min
- 0.00%
PGR
Insurance industry group
70.70%
- Max
- 86.52%
- PGR
- 70.70%
- Q3
- 35.43%
- Median
- 14.92%
- Q1
- 0.00%
- Min
- 0.00%
Dividends at a Glance
| Metric | MET | PGR |
|---|---|---|
| Dividend Yield (TTM) | 2.67% | 6.84% |
| Dividend Payout Ratio (TTM) | 43.91% | 70.70% |