PGR vs. TD: Progressive vs. Toronto-Dominion Bank Stock Comparison
How do Progressive (PGR) and Toronto-Dominion Bank (TD) 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
Progressive (PGR) and Toronto-Dominion Bank (TD) share the Financials sector but sit in different industry groups — PGR in Insurance and TD in Banks.
| Profile Item | PGR | TD |
|---|---|---|
| Name | Progressive Corporation | The Toronto-Dominion Bank |
| Country/Region | United States | Canada |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Insurance | Banks |
| GICS Industry | Insurance | Banks |
| GICS Sub-Industry | Property & Casualty Insurance | Diversified Banks |
| Market Capitalization | 119.54 billion USD | 197.07 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | August 30, 1996 |
| Security Type | Common Stock | Common Stock |
Performance
Cumulative Growth
Trailing Returns
Performance at a Glance
| Metric | PGR | TD |
|---|---|---|
| Total Return (1Y) | -16.20% | 70.40% |
Risk
Drawdown
Risk at a Glance
| Metric | PGR | TD |
|---|---|---|
| Volatility (1Y, Annualized) | 22.42% | 16.70% |
| Beta (5Y) | 0.27 | 0.72 |
| Avg. Volume (3M) | 3.04M | 2.39M |
Profitability
ROE (TTM)
Progressive (PGR) at 37.90% sits in the top ROE quartile, while Toronto-Dominion Bank (TD) at 11.91% is closer to the peer norm — stronger capital efficiency for PGR.
PGR
Insurance industry group
37.90%
- Max
- 38.88%
- PGR
- 37.90%
- Q3
- 22.34%
- Median
- 14.13%
- Q1
- 9.51%
- Min
- -6.23%
TD
Banks industry group
11.91%
- Max
- 19.15%
- Q3
- 13.07%
- TD
- 11.91%
- Median
- 10.82%
- Q1
- 8.57%
- Min
- 3.15%
Net Margin (TTM)
Progressive (PGR) at 12.93% keeps about the industry-typical share of revenue as profit, while Toronto-Dominion Bank (TD) at 25.19% retains only a bottom-quartile share.
PGR
Insurance industry group
12.93%
- Max
- 38.86%
- Q3
- 19.36%
- PGR
- 12.93%
- Median
- 11.07%
- Q1
- 5.09%
- Min
- -6.73%
TD
Banks industry group
25.19%
- Max
- 47.55%
- Q3
- 34.61%
- Median
- 30.31%
- Q1
- 25.62%
- TD
- 25.19%
- Min
- 12.76%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for Progressive (PGR) in Insurance and Toronto-Dominion Bank (TD) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability at a Glance
| Metric | PGR | TD |
|---|---|---|
| ROE (TTM) | 37.90% | 11.91% |
| ROA (TTM) | 7.94% | 0.72% |
| Net Margin (TTM) | 12.93% | 25.19% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Revenue Growth at a Glance
| Metric | PGR | TD |
|---|---|---|
| Revenue Growth (YoY) | 16.32% | 8.93% |
| Revenue Growth (3Y CAGR) | 20.90% | 10.22% |
EPS Growth
EPS Growth at a Glance
| Metric | PGR | TD |
|---|---|---|
| EPS Growth (YoY) | 33.54% | 144.92% |
| EPS Growth (3Y CAGR) | 153.53% | 6.87% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Progressive (PGR) in Insurance and Toronto-Dominion Bank (TD) in Banks 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: Progressive (PGR) in Insurance and Toronto-Dominion Bank (TD) in Banks 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 | PGR | TD |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Neither Progressive (PGR) nor Toronto-Dominion Bank (TD) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
PGR
Insurance industry group
0.00%
- Max
- 4.41%
- Q3
- 1.96%
- PGR
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
TD
Banks industry group
0.00%
- Max
- 6.87%
- Q3
- 2.97%
- Median
- 1.82%
- TD
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Progressive (PGR) nor Toronto-Dominion Bank (TD) reports a payout ratio value for this period, so a direct comparison isn’t possible.
PGR
Insurance industry group
--
- Max
- 81.94%
- Q3
- 34.13%
- Median
- 15.70%
- Q1
- 0.00%
- Min
- 0.00%
- PGR
- --
TD
Banks industry group
--
- Max
- 67.80%
- Q3
- 42.56%
- Median
- 28.63%
- Q1
- 20.42%
- Min
- 0.00%
- TD
- --
Dividends at a Glance
| Metric | PGR | TD |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | -- | -- |
Valuation
P/E Ratio (TTM)
Progressive (PGR) at 10.42 is near its industry’s usual P/E ratio, while Toronto-Dominion Bank (TD) at 19.56 sits in the richer quartile — TD needs stronger growth or earnings quality to justify the premium.
PGR
Insurance industry group
10.42
- Max
- 24.34
- Q3
- 16.38
- Median
- 12.23
- PGR
- 10.42
- Q1
- 8.73
- Min
- 3.46
TD
Banks industry group
19.56
- Max
- 20.85
- TD
- 19.56
- Q3
- 15.27
- Median
- 12.70
- Q1
- 11.13
- Min
- 6.36
P/S Ratio (TTM)
Progressive (PGR) shows P/S ratio of 1.34; for Toronto-Dominion Bank (TD) the multiple is skipped — in Banks, income is dominated by interest spread rather than a conventional revenue line, so pricing per dollar of sales loses meaning and book- or earnings-based multiples carry the comparison.
PGR
Insurance industry group
1.34
- Max
- 4.16
- Q3
- 2.18
- PGR
- 1.34
- Median
- 1.22
- Q1
- 0.83
- Min
- 0.11
TD
Banks industry group
--
- TD
- --
- Max
- --
- Q3
- --
- Median
- --
- Q1
- --
- Min
- --
P/B Ratio (MRQ)
Both look rich against book: Progressive (PGR) at 3.73 sits in the upper P/B ratio quartile, and Toronto-Dominion Bank (TD) at 2.24 prices even higher, above its industry range.
PGR
Insurance industry group
3.73
- PGR
- 3.73
- Max
- 3.73
- Q3
- 2.31
- Median
- 1.63
- Q1
- 1.15
- Min
- -0.14
TD
Banks industry group
2.24
- TD
- 2.24
- Max
- 2.23
- Q3
- 1.56
- Median
- 1.27
- Q1
- 1.10
- Min
- 0.62
Valuation at a Glance
| Metric | PGR | TD |
|---|---|---|
| P/E Ratio (TTM) | 10.42 | 19.56 |
| P/S Ratio (TTM) | 1.34 | -- |
| P/B Ratio (MRQ) | 3.73 | 2.24 |
| Free Cash Flow Yield (TTM) | -- | -- |