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Marsh & McLennan Companies (MRSH) vs. Progressive (PGR)

This page compares Marsh & McLennan Companies (MRSH) with Progressive (PGR) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.

Company Profile

Marsh & McLennan Companies (MRSH) and Progressive (PGR) both belong to the Insurance industry, though MRSH is classified under Insurance Brokers while PGR falls under Property & Casualty Insurance.

SymbolMRSHPGR
NameMarsh & McLennan Companies, Inc.Progressive Corporation
Country/RegionUnited StatesUnited States
GICS SectorFinancialsFinancials
GICS Industry GroupInsuranceInsurance
GICS IndustryInsuranceInsurance
GICS Sub-IndustryInsurance BrokersProperty & Casualty Insurance
Market Capitalization79.75 billion USD116.78 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateFebruary 21, 1973March 17, 1980
Security TypeCommon StockCommon Stock

Valuation

Price-to-Earnings Ratio (TTM)

Progressive (PGR) at 10.18 carries typical industry Price-to-Earnings Ratio (TTM), while Marsh & McLennan Companies (MRSH) at 20.72 sits in the higher-multiple quartile — MRSH carries a higher trailing earnings multiple relative to peers.

MRSH

Insurance industry group

20.72

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
Marsh & McLennan Companies (MRSH) vs. Progressive (PGR): A comparison of their Price-to-Earnings Ratio (TTM) against the Insurance industry group benchmark.

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 Marsh & McLennan Companies (MRSH) at 2.90 sits in the pricier quartile — MRSH costs more per dollar of sales.

MRSH

Insurance industry group

2.90

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
Marsh & McLennan Companies (MRSH) vs. Progressive (PGR): A comparison of their Price-to-Sales Ratio (TTM) against the Insurance industry group benchmark.

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 Marsh & McLennan Companies (MRSH) at 5.48 prices even higher, above its industry range.

MRSH

Insurance industry group

5.48

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
Marsh & McLennan Companies (MRSH) vs. Progressive (PGR): A comparison of their Price-to-Book Ratio (MRQ) against the Insurance industry group benchmark.

Valuation at a Glance

SymbolMRSHPGR
Price-to-Earnings Ratio (TTM)20.7210.18
Price-to-Sales Ratio (TTM)2.901.31
Price-to-Book Ratio (MRQ)5.483.65
Free Cash Flow Yield6.23%13.27%

Profitability

Return on Equity (TTM)

Both Marsh & McLennan Companies (MRSH) at 27.57% and Progressive (PGR) at 37.90% rank in the top quartile for Return on Equity (TTM) among industry peers, indicating strong returns on shareholders’ equity.

MRSH

Insurance industry group

27.57%

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%
Marsh & McLennan Companies (MRSH) vs. Progressive (PGR): A comparison of their Return on Equity (TTM) against the Insurance industry group benchmark.

Net Profit Margin (TTM)

Both Marsh & McLennan Companies (MRSH) at 14.26% 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.

MRSH

Insurance industry group

14.26%

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%
Marsh & McLennan Companies (MRSH) vs. Progressive (PGR): A comparison of their Net Profit Margin (TTM) against the Insurance industry group benchmark.

Operating Profit Margin (TTM)

Operating Profit Margin (TTM) isn’t a meaningful figure for either Marsh & McLennan Companies (MRSH) in Insurance or Progressive (PGR) in Insurance under our convention.

MRSH

Insurance industry group

24.34%

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%
Marsh & McLennan Companies (MRSH) vs. Progressive (PGR): A comparison of their Operating Profit Margin (TTM) against the Insurance industry group benchmark.

Profitability at a Glance

SymbolMRSHPGR
Return on Equity (TTM)27.57%37.90%
Return on Assets (TTM)7.27%7.94%
Net Profit Margin (TTM)14.26%12.93%
Operating Profit Margin (TTM)24.34%16.39%
Gross Profit Margin (TTM)43.85%18.56%

Growth

Revenue Growth

Marsh & McLennan Companies (MRSH) vs. Progressive (PGR): A comparison of their Revenue Growth across different time periods.

Revenue Growth at a Glance

SymbolMRSHPGR
1-Year Revenue Growth10.32%16.32%
3-Year Revenue CAGR9.20%20.90%

EPS Growth

Marsh & McLennan Companies (MRSH) vs. Progressive (PGR): A comparison of their EPS Growth across different time periods.

EPS Growth at a Glance

SymbolMRSHPGR
1-Year EPS Growth3.06%33.54%
3-Year EPS CAGR11.75%153.53%

Financial Strength

Current Ratio (MRQ)

Current Ratio (MRQ) isn’t a meaningful figure for either Marsh & McLennan Companies (MRSH) in Insurance or Progressive (PGR) in Insurance under our convention.

MRSH

Insurance industry group

1.11

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
Marsh & McLennan Companies (MRSH) vs. Progressive (PGR): A comparison of their Current Ratio (MRQ) against the Insurance industry group benchmark.

Debt-to-Equity Ratio (MRQ)

Debt-to-Equity Ratio (MRQ) isn’t a meaningful figure for either Marsh & McLennan Companies (MRSH) in Insurance or Progressive (PGR) in Insurance under our convention.

MRSH

Insurance industry group

1.52

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
Marsh & McLennan Companies (MRSH) vs. Progressive (PGR): A comparison of their Debt-to-Equity Ratio (MRQ) against the Insurance industry group benchmark.

Financial Strength at a Glance

SymbolMRSHPGR
Current Ratio (MRQ)1.110.30
Debt-to-Equity Ratio (MRQ)1.520.26
Net Debt / EBITDA2.730.40

Dividends

Dividend Yield (TTM)

Both Marsh & McLennan Companies (MRSH) at 2.17% 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.

MRSH

Insurance industry group

2.17%

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%
Marsh & McLennan Companies (MRSH) vs. Progressive (PGR): A comparison of their Dividend Yield (TTM) against the Insurance industry group benchmark.

Dividend Payout Ratio (TTM)

Both Marsh & McLennan Companies (MRSH) at 43.94% and Progressive (PGR) at 70.70% post Dividend Payout Ratio (TTM) outside their industries’ typical mid-range — either leaning toward more retention or more distribution than the industry median.

MRSH

Insurance industry group

43.94%

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%
Marsh & McLennan Companies (MRSH) vs. Progressive (PGR): A comparison of their Dividend Payout Ratio (TTM) against the Insurance industry group benchmark.

Dividends at a Glance

SymbolMRSHPGR
Dividend Yield (TTM)2.17%6.95%
Dividend Payout Ratio (TTM)43.94%70.70%

Performance & Risk

MRSH
PGR
Loading price history…
Marsh & McLennan Companies (MRSH) vs. Progressive (PGR): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Performance & Risk at a Glance

SymbolMRSHPGR
1-Year Return-27.99%-23.65%
1-Year Volatility23.52%22.63%
Beta0.610.27
3-Month Avg. Volume3.04M2.96M