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Progressive (PGR) vs. Travelers (TRV)

This page compares Progressive (PGR) with Travelers (TRV) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.

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.

SymbolPGRTRV
NameProgressive CorporationThe Travelers Companies, Inc.
Country/RegionUnited StatesUnited States
GICS SectorFinancialsFinancials
GICS Industry GroupInsuranceInsurance
GICS IndustryInsuranceInsurance
GICS Sub-IndustryProperty & Casualty InsuranceProperty & Casualty Insurance
Market Capitalization116.78 billion USD63.85 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 17, 1980November 17, 1975
Security TypeCommon StockCommon Stock

Valuation

Price-to-Earnings Ratio (TTM)

Both Progressive (PGR) at 10.18 and Travelers (TRV) at 8.96 post Price-to-Earnings Ratio (TTM) near the typical industry midpoint — neither company stands out strongly from peers on trailing earnings multiple.

PGR

Insurance industry group

10.18

Max
28.03
Q3
16.55
Median
11.89
Q1
8.14
Min
3.32

TRV

Insurance industry group

8.96

Max
28.03
Q3
16.55
Median
11.89
Q1
8.14
Min
3.32
Progressive (PGR) vs. Travelers (TRV): A comparison of their Price-to-Earnings Ratio (TTM) against the Insurance industry group benchmark.

Price-to-Sales Ratio (TTM)

On Price-to-Sales Ratio (TTM), both Progressive (PGR) at 1.31 and Travelers (TRV) at 1.30 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

PGR

Insurance industry group

1.31

Max
4.05
Q3
2.12
Median
1.17
Q1
0.81
Min
0.13

TRV

Insurance industry group

1.30

Max
4.05
Q3
2.12
Median
1.17
Q1
0.81
Min
0.13
Progressive (PGR) vs. Travelers (TRV): A comparison of their Price-to-Sales Ratio (TTM) against the Insurance industry group benchmark.

Price-to-Book Ratio (MRQ)

Travelers (TRV) at 2.00 is valued about in line with its industry on Price-to-Book Ratio (MRQ), while Progressive (PGR) at 3.65 carries a peer-beating premium to book — PGR is pricier on assets.

PGR

Insurance industry group

3.65

Max
3.65
Q3
2.20
Median
1.60
Q1
1.11
Min
-0.14

TRV

Insurance industry group

2.00

Max
3.65
Q3
2.20
Median
1.60
Q1
1.11
Min
-0.14
Progressive (PGR) vs. Travelers (TRV): A comparison of their Price-to-Book Ratio (MRQ) against the Insurance industry group benchmark.

Valuation at a Glance

SymbolPGRTRV
Price-to-Earnings Ratio (TTM)10.188.96
Price-to-Sales Ratio (TTM)1.311.30
Price-to-Book Ratio (MRQ)3.652.00
Free Cash Flow Yield13.27%20.84%

Profitability

Return on Equity (TTM)

Both Progressive (PGR) at 37.90% and Travelers (TRV) at 25.27% rank in the top quartile for Return on Equity (TTM) among industry peers, indicating strong returns on shareholders’ equity.

PGR

Insurance industry group

37.90%

Max
38.88%
Q3
22.53%
Median
14.44%
Q1
9.76%
Min
-6.23%

TRV

Insurance industry group

25.27%

Max
38.88%
Q3
22.53%
Median
14.44%
Q1
9.76%
Min
-6.23%
Progressive (PGR) vs. Travelers (TRV): A comparison of their Return on Equity (TTM) against the Insurance industry group benchmark.

Net Profit Margin (TTM)

Both Progressive (PGR) at 12.93% and Travelers (TRV) at 15.54% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

PGR

Insurance industry group

12.93%

Max
38.86%
Q3
19.36%
Median
11.21%
Q1
5.35%
Min
-2.80%

TRV

Insurance industry group

15.54%

Max
38.86%
Q3
19.36%
Median
11.21%
Q1
5.35%
Min
-2.80%
Progressive (PGR) vs. Travelers (TRV): 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 Progressive (PGR) in Insurance or Travelers (TRV) in Insurance under our convention.

PGR

Insurance industry group

16.39%

Max
47.92%
Q3
23.78%
Median
15.75%
Q1
7.31%
Min
-16.30%

TRV

Insurance industry group

18.74%

Max
47.92%
Q3
23.78%
Median
15.75%
Q1
7.31%
Min
-16.30%
Progressive (PGR) vs. Travelers (TRV): A comparison of their Operating Profit Margin (TTM) against the Insurance industry group benchmark.

Profitability at a Glance

SymbolPGRTRV
Return on Equity (TTM)37.90%25.27%
Return on Assets (TTM)7.94%4.44%
Net Profit Margin (TTM)12.93%15.54%
Operating Profit Margin (TTM)16.39%18.74%
Gross Profit Margin (TTM)18.56%32.88%

Growth

Revenue Growth

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

Revenue Growth at a Glance

SymbolPGRTRV
1-Year Revenue Growth16.32%5.17%
3-Year Revenue CAGR20.90%9.79%

EPS Growth

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

EPS Growth at a Glance

SymbolPGRTRV
1-Year EPS Growth33.54%27.76%
3-Year EPS CAGR153.53%32.58%

Financial Strength

Current Ratio (MRQ)

Current Ratio (MRQ) isn’t a meaningful figure for either Progressive (PGR) in Insurance or Travelers (TRV) in Insurance under our convention.

PGR

Insurance industry group

0.30

Max
3.72
Q3
1.91
Median
1.13
Q1
0.66
Min
0.12

TRV

Insurance industry group

0.34

Max
3.72
Q3
1.91
Median
1.13
Q1
0.66
Min
0.12
Progressive (PGR) vs. Travelers (TRV): 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 Progressive (PGR) in Insurance or Travelers (TRV) in Insurance under our convention.

PGR

Insurance industry group

0.26

Max
0.86
Q3
0.48
Median
0.30
Q1
0.14
Min
0.00

TRV

Insurance industry group

0.29

Max
0.86
Q3
0.48
Median
0.30
Q1
0.14
Min
0.00
Progressive (PGR) vs. Travelers (TRV): A comparison of their Debt-to-Equity Ratio (MRQ) against the Insurance industry group benchmark.

Financial Strength at a Glance

SymbolPGRTRV
Current Ratio (MRQ)0.300.34
Debt-to-Equity Ratio (MRQ)0.260.29
Net Debt / EBITDA0.400.20

Dividends

Dividend Yield (TTM)

Both Progressive (PGR) at 6.95% and Travelers (TRV) at 1.67% report Dividend Yield (TTM) near their industry mid-ranges, so neither company stands out strongly from peers on cash yield relative to share price.

PGR

Insurance industry group

6.95%

Max
5.63%
Q3
2.73%
Median
1.44%
Q1
0.00%
Min
0.00%

TRV

Insurance industry group

1.67%

Max
5.63%
Q3
2.73%
Median
1.44%
Q1
0.00%
Min
0.00%
Progressive (PGR) vs. Travelers (TRV): A comparison of their Dividend Yield (TTM) against the Insurance industry group benchmark.

Dividend Payout Ratio (TTM)

Travelers (TRV) at 13.13% maintains Dividend Payout Ratio (TTM) around its industry median — a balanced dividend policy. Progressive (PGR) at 70.70% sits outside the typical mid-range, leaning toward more retention or more distribution than the industry median.

PGR

Insurance industry group

70.70%

Max
86.52%
Q3
35.84%
Median
15.02%
Q1
0.00%
Min
0.00%

TRV

Insurance industry group

13.13%

Max
86.52%
Q3
35.84%
Median
15.02%
Q1
0.00%
Min
0.00%
Progressive (PGR) vs. Travelers (TRV): A comparison of their Dividend Payout Ratio (TTM) against the Insurance industry group benchmark.

Dividends at a Glance

SymbolPGRTRV
Dividend Yield (TTM)6.95%1.67%
Dividend Payout Ratio (TTM)70.70%13.13%

Performance & Risk

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

Performance & Risk at a Glance

SymbolPGRTRV
1-Year Return-23.65%10.14%
1-Year Volatility22.63%18.69%
Beta0.270.48
3-Month Avg. Volume2.96M1.42M