MUFG vs. PGR: A Head-to-Head Stock Comparison

Updated on August 24, 2025

Here’s a clear look at MUFG and PGR, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

MUFG trades as an American Depositary Receipt (ADR), offering U.S. investors a convenient way to access its foreign-listed shares. In contrast, PGR is a standard domestic listing.

Symbol	MUFG	PGR
Company Name	Mitsubishi UFJ Financial Group, Inc.	The Progressive Corporation
Country	Japan	United States
GICS Sector	Financials	Financials
GICS Industry	Banks	Insurance
Market Capitalization	175.11 billion USD	148.12 billion USD
Exchange	NYSE	NYSE
Listing Date	April 2, 2001	March 17, 1980
Security Type	ADR	Common Stock

Historical Performance

This chart compares the performance of MUFG and PGR by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

MUFG vs. PGR: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	MUFG	PGR
5-Day Price Return	1.28%	0.69%
13-Week Price Return	14.37%	-12.34%
26-Week Price Return	17.87%	-3.61%
52-Week Price Return	71.92%	6.27%
Month-to-Date Return	6.73%	4.40%
Year-to-Date Return	22.02%	5.45%
10-Day Avg. Volume	55.89M	2.96M
3-Month Avg. Volume	48.08M	3.30M
3-Month Volatility	26.34%	21.43%
Beta	0.51	0.33

Profitability

Return on Equity (TTM)

MUFG

9.14%

Banks Industry

Max: 26.37%
Q3: 15.92%
Median: 12.25%
Q1: 8.69%
Min: 0.15%

MUFG’s Return on Equity of 9.14% is on par with the norm for the Banks industry, indicating its profitability relative to shareholder equity is typical for the sector.

PGR

36.50%

Insurance Industry

Max: 29.03%
Q3: 18.11%
Median: 13.90%
Q1: 10.42%
Min: -0.64%

PGR’s Return on Equity of 36.50% is exceptionally high, placing it well beyond the typical range for the Insurance industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.

MUFG vs. PGR: A comparison of their Return on Equity (TTM) against their respective Banks and Insurance industry benchmarks.

Net Profit Margin (TTM)

MUFG

25.66%

Banks Industry

Max: 54.20%
Q3: 35.70%
Median: 28.97%
Q1: 22.53%
Min: 6.98%

MUFG’s Net Profit Margin of 25.66% is aligned with the median group of its peers in the Banks industry. This indicates its ability to convert revenue into profit is typical for the sector.

PGR

12.66%

Insurance Industry

Max: 26.78%
Q3: 14.06%
Median: 9.15%
Q1: 5.48%
Min: -7.05%

PGR’s Net Profit Margin of 12.66% is aligned with the median group of its peers in the Insurance industry. This indicates its ability to convert revenue into profit is typical for the sector.

MUFG vs. PGR: A comparison of their Net Profit Margin (TTM) against their respective Banks and Insurance industry benchmarks.

Operating Profit Margin (TTM)

MUFG

30.87%

Banks Industry

Max: 63.35%
Q3: 44.59%
Median: 37.24%
Q1: 28.25%
Min: 13.37%

MUFG’s Operating Profit Margin of 30.87% is around the midpoint for the Banks industry, indicating that its efficiency in managing core business operations is typical for the sector.

PGR

16.28%

Insurance Industry

Max: 35.49%
Q3: 19.49%
Median: 14.35%
Q1: 8.53%
Min: -5.25%

In the Insurance industry, Operating Profit Margin is often not the primary measure of operational efficiency.

MUFG vs. PGR: A comparison of their Operating Profit Margin (TTM) against their respective Banks and Insurance industry benchmarks.

Profitability at a Glance

Symbol	MUFG	PGR
Return on Equity (TTM)	9.14%	36.50%
Return on Assets (TTM)	0.46%	9.53%
Net Profit Margin (TTM)	25.66%	12.66%
Operating Profit Margin (TTM)	30.87%	16.28%
Gross Profit Margin (TTM)	--	--

Financial Strength

Current Ratio (MRQ)

MUFG

Banks Industry

Max: --
Q3: --
Median: --
Q1: --
Min: --

For the Banks industry, the Current Ratio is often not the most suitable measure of short-term liquidity.

PGR

0.08

Insurance Industry

Max: 2.97
Q3: 1.33
Median: 0.55
Q1: 0.15
Min: 0.00

For the Insurance industry, the Current Ratio is often not the most suitable measure of short-term liquidity.

MUFG vs. PGR: A comparison of their Current Ratio (MRQ) against their respective Banks and Insurance industry benchmarks.

Debt-to-Equity Ratio (MRQ)

MUFG

4.75

Banks Industry

Max: 4.75
Q3: 2.62
Median: 1.02
Q1: 0.39
Min: 0.00

The Debt-to-Equity Ratio is often not the primary focus for assessing leverage in the Banks industry.

PGR

0.21

Insurance Industry

Max: 1.25
Q3: 0.65
Median: 0.34
Q1: 0.22
Min: 0.00

The Debt-to-Equity Ratio is often not the primary focus for assessing leverage in the Insurance industry.

MUFG vs. PGR: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Banks and Insurance industry benchmarks.

Interest Coverage Ratio (TTM)

MUFG

Banks Industry

Max: --
Q3: --
Median: --
Q1: --
Min: --

The Interest Coverage Ratio is often not a primary indicator of debt servicing capacity in the Banks industry.

PGR

39.40

Insurance Industry

Max: 43.68
Q3: 20.84
Median: 9.56
Q1: 3.34
Min: -5.73

The Interest Coverage Ratio is often not a primary indicator of debt servicing capacity in the Insurance industry.

MUFG vs. PGR: A comparison of their Interest Coverage Ratio (TTM) against their respective Banks and Insurance industry benchmarks.

Financial Strength at a Glance

Symbol	MUFG	PGR
Current Ratio (MRQ)	--	0.08
Quick Ratio (MRQ)	--	0.04
Debt-to-Equity Ratio (MRQ)	4.75	0.21
Interest Coverage Ratio (TTM)	--	39.40

Growth

Revenue Growth

MUFG vs. PGR: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

MUFG vs. PGR: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

MUFG

2.09%

Banks Industry

Max: 10.27%
Q3: 5.83%
Median: 3.81%
Q1: 2.50%
Min: 0.00%

MUFG’s Dividend Yield of 2.09% is in the lower quartile for the Banks industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.

PGR

1.93%

Insurance Industry

Max: 8.23%
Q3: 4.54%
Median: 3.42%
Q1: 1.97%
Min: 0.00%

PGR’s Dividend Yield of 1.93% is in the lower quartile for the Insurance industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.

MUFG vs. PGR: A comparison of their Dividend Yield (TTM) against their respective Banks and Insurance industry benchmarks.

Dividend Payout Ratio (TTM)

MUFG

65.29%

Banks Industry

Max: 147.07%
Q3: 80.55%
Median: 54.40%
Q1: 35.71%
Min: 0.00%

MUFG’s Dividend Payout Ratio of 65.29% is within the typical range for the Banks industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

PGR

27.53%

Insurance Industry

Max: 168.02%
Q3: 85.57%
Median: 50.71%
Q1: 22.04%
Min: 0.00%

PGR’s Dividend Payout Ratio of 27.53% is within the typical range for the Insurance industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

MUFG vs. PGR: A comparison of their Dividend Payout Ratio (TTM) against their respective Banks and Insurance industry benchmarks.

Dividend at a Glance

Symbol	MUFG	PGR
Dividend Yield (TTM)	2.09%	1.93%
Dividend Payout Ratio (TTM)	65.29%	27.53%

Valuation

Price-to-Earnings Ratio (TTM)

MUFG

13.68

Banks Industry

Max: 20.05
Q3: 12.65
Median: 10.21
Q1: 7.54
Min: 2.74

A P/E Ratio of 13.68 places MUFG in the upper quartile for the Banks industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

PGR

14.23

Insurance Industry

Max: 28.91
Q3: 17.76
Median: 13.63
Q1: 10.02
Min: 2.89

PGR’s P/E Ratio of 14.23 is within the middle range for the Insurance industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

MUFG vs. PGR: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Banks and Insurance industry benchmarks.

Price-to-Sales Ratio (TTM)

MUFG

2.18

Banks Industry

Max: 5.06
Q3: 2.98
Median: 2.24
Q1: 1.59
Min: 0.45

The P/S Ratio is often not a primary valuation tool in the Banks industry.

PGR

1.80

Insurance Industry

Max: 3.72
Q3: 1.98
Median: 1.23
Q1: 0.81
Min: 0.23

PGR’s P/S Ratio of 1.80 aligns with the market consensus for the Insurance industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

MUFG vs. PGR: A comparison of their Price-to-Sales Ratio (TTM) against their respective Banks and Insurance industry benchmarks.

Price-to-Book Ratio (MRQ)

MUFG

1.18

Banks Industry

Max: 2.18
Q3: 1.36
Median: 1.09
Q1: 0.81
Min: 0.20

MUFG’s P/B Ratio of 1.18 is within the conventional range for the Banks industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

PGR

4.80

Insurance Industry

Max: 4.37
Q3: 2.48
Median: 1.68
Q1: 1.19
Min: 0.19

At 4.80, PGR’s P/B Ratio is at an extreme premium to the Insurance industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

MUFG vs. PGR: A comparison of their Price-to-Book Ratio (MRQ) against their respective Banks and Insurance industry benchmarks.

Valuation at a Glance

Symbol	MUFG	PGR
Price-to-Earnings Ratio (TTM)	13.68	14.23
Price-to-Sales Ratio (TTM)	2.18	1.80
Price-to-Book Ratio (MRQ)	1.18	4.80
Price-to-Free Cash Flow Ratio (TTM)	4.45	9.01