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PGR vs. TRV: Progressive vs. Travelers Stock Comparison

How do Progressive (PGR) and Travelers (TRV) 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 Travelers (TRV) are both classified in the Property & Casualty Insurance sub-industry within the broader Insurance industry, placing them in the closest GICS peer bucket.

Company profile comparison for Progressive (PGR) and Travelers (TRV)
Profile ItemPGRTRV
NameProgressive CorporationThe Travelers Companies, Inc.
Country/RegionUnited StatesUnited States
GICS SectorFinancialsFinancials
GICS Industry GroupInsuranceInsurance
GICS IndustryInsuranceInsurance
GICS Sub-IndustryProperty & Casualty InsuranceProperty & Casualty Insurance
Market Capitalization121.86 billion USD77.25 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 17, 1980November 17, 1975
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

PGR
TRV
GSPC
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Progressive (PGR) vs. Travelers (TRV), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Progressive (PGR) and Travelers (TRV). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Progressive (PGR) and Travelers (TRV). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Progressive (PGR) and Travelers (TRV)
MetricPGRTRV
Total Return (1Y)-11.05%40.08%
Total Return (3Y, Annualized)22.12%32.96%
Total Return (5Y, Annualized)19.50%21.16%

Risk Profile

Drawdown History

PGR
TRV
GSPC
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Progressive (PGR) vs. Travelers (TRV), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Progressive (PGR) and Travelers (TRV). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Progressive (PGR) and Travelers (TRV)
MetricPGRTRV
Volatility (1Y, Annualized)25.67%20.79%
Beta (5Y)0.260.44
Max Drawdown (5Y)-30.35%-18.90%
Avg. Volume (3M)3.20M1.94M

Risk-Adjusted Performance

Risk-Return Positioning

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PGR and TRV are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Progressive (PGR) and Travelers (TRV)
MetricPGRTRV
Sharpe Ratio (1Y)-0.591.74
Sortino Ratio (1Y)-0.782.91

Profitability

ROE (TTM)

Both Progressive (PGR) at 34.94% and Travelers (TRV) at 26.51% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

PGR

Insurance industry group

34.94%

Max
38.99%
PGR
34.94%
Q3
22.13%
Median
15.10%
Q1
10.16%
Min
-3.97%

TRV

Insurance industry group

26.51%

Max
38.99%
TRV
26.51%
Q3
22.13%
Median
15.10%
Q1
10.16%
Min
-3.97%
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Progressive (PGR) vs. Travelers (TRV): A comparison of their ROE against the Insurance industry group benchmark.

Net Margin (TTM)

Both Progressive (PGR) at 12.85% and Travelers (TRV) at 16.95% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

PGR

Insurance industry group

12.85%

Max
37.68%
Q3
19.27%
PGR
12.85%
Median
11.38%
Q1
5.91%
Min
-10.79%

TRV

Insurance industry group

16.95%

Max
37.68%
Q3
19.27%
TRV
16.95%
Median
11.38%
Q1
5.91%
Min
-10.79%
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Progressive (PGR) vs. Travelers (TRV): A comparison of their net margin against the Insurance industry group benchmark.

Operating Margin (TTM)

Neither side reports a meaningful operating margin: for Progressive (PGR) in Insurance and Travelers (TRV) in Insurance, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Profitability metrics for Progressive (PGR) and Travelers (TRV)
MetricPGRTRV
ROE (TTM)34.94%26.51%
ROA (TTM)7.84%4.78%
Net Margin (TTM)12.85%16.95%
Operating Margin (TTM)----
Gross Margin (TTM)----

Growth

Revenue Growth

Both Progressive (PGR) at 16.32% and Travelers (TRV) at 5.17% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Progressive (PGR) vs. Travelers (TRV): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Progressive (PGR) at 33.54% and Travelers (TRV) at 27.76% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Progressive (PGR) vs. Travelers (TRV): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Progressive (PGR) and Travelers (TRV)
MetricPGRTRV
Revenue Growth (YoY)16.32%5.17%
Revenue Growth (3Y CAGR)20.90%9.79%
EPS Growth (YoY)33.54%27.76%
EPS Growth (3Y CAGR)153.53%32.58%

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Progressive (PGR) in Insurance and Travelers (TRV) 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 / Equity (MRQ)

debt-to-equity ratio is set aside for both: Progressive (PGR) in Insurance and Travelers (TRV) 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 Metrics

Financial strength metrics for Progressive (PGR) and Travelers (TRV)
MetricPGRTRV
Current Ratio (MRQ)----
Debt / Equity (MRQ)----
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

Both Progressive (PGR) at 0.19% and Travelers (TRV) at 1.23% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

PGR

Insurance industry group

0.19%

Max
5.88%
Q3
2.42%
Median
1.22%
PGR
0.19%
Q1
0.00%
Min
0.00%

TRV

Insurance industry group

1.23%

Max
5.88%
Q3
2.42%
TRV
1.23%
Median
1.22%
Q1
0.00%
Min
0.00%
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Progressive (PGR) vs. Travelers (TRV): A comparison of their dividend yield against the Insurance industry group benchmark.

Dividend Payout Ratio (TTM)

Travelers (TRV) at 12.23% pays out a band-typical share of earnings, while Progressive (PGR) at 69.74% distributes more than its industry norm — less retained, thinner cover.

PGR

Insurance industry group

69.74%

Max
79.14%
PGR
69.74%
Q3
34.33%
Median
15.16%
Q1
0.00%
Min
0.00%

TRV

Insurance industry group

12.23%

Max
79.14%
Q3
34.33%
Median
15.16%
TRV
12.23%
Q1
0.00%
Min
0.00%
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Progressive (PGR) vs. Travelers (TRV): A comparison of their payout ratio against the Insurance industry group benchmark.

Dividend Metrics

Dividend metrics for Progressive (PGR) and Travelers (TRV)
MetricPGRTRV
Dividend Yield (TTM)0.19%1.23%
Dividend Payout Ratio (TTM)69.74%12.23%

Valuation

P/E Ratio (TTM)

Both Progressive (PGR) at 10.52 and Travelers (TRV) at 9.95 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

PGR

Insurance industry group

10.52

Max
31.97
Q3
19.07
Median
12.31
PGR
10.52
Q1
9.07
Min
3.19

TRV

Insurance industry group

9.95

Max
31.97
Q3
19.07
Median
12.31
TRV
9.95
Q1
9.07
Min
3.19
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Progressive (PGR) vs. Travelers (TRV): A comparison of their P/E ratio against the Insurance industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Progressive (PGR) at 1.34 and Travelers (TRV) at 1.58 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

PGR

Insurance industry group

1.34

Max
4.33
Q3
2.35
PGR
1.34
Median
1.29
Q1
0.90
Min
0.08

TRV

Insurance industry group

1.58

Max
4.33
Q3
2.35
TRV
1.58
Median
1.29
Q1
0.90
Min
0.08
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Progressive (PGR) vs. Travelers (TRV): A comparison of their P/S ratio against the Insurance industry group benchmark.

P/B Ratio (MRQ)

Travelers (TRV) at 2.33 is valued about in line with its industry on P/B ratio, while Progressive (PGR) at 3.55 carries an above-peer premium to book — PGR is pricier on assets.

PGR

Insurance industry group

3.55

Max
4.92
PGR
3.55
Q3
2.71
Median
1.87
Q1
1.23
Min
0.44

TRV

Insurance industry group

2.33

Max
4.92
Q3
2.71
TRV
2.33
Median
1.87
Q1
1.23
Min
0.44
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Progressive (PGR) vs. Travelers (TRV): A comparison of their P/B ratio against the Insurance industry group benchmark.

Valuation Metrics

Valuation metrics for Progressive (PGR) and Travelers (TRV)
MetricPGRTRV
P/E Ratio (TTM)10.529.95
P/S Ratio (TTM)1.341.58
P/B Ratio (MRQ)3.552.33
Free Cash Flow Yield (TTM)----