ALL vs. PGR

Last updated Apr 2, 2026

Compare and contrast key facts about The Allstate Corporation (ALL) and The Progressive Corporation (PGR).

Performance

ALL vs. PGR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Allstate Corporation (ALL) and The Progressive Corporation (PGR). The values are adjusted to include any dividend payments, if applicable.

ALL vs. PGR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ALL The Allstate Corporation	-1.45%	10.09%	40.61%	6.37%	18.37%	9.86%	-0.12%	38.82%	-19.52%	43.64%
PGR The Progressive Corporation	-9.70%	-3.02%	51.39%	23.16%	26.81%	10.84%	41.48%	25.14%	9.39%	61.59%

Fundamentals

Market Cap ALL : $54.03B PGR : $113.73B
EPS ALL : $38.61 PGR : $17.28
PE Ratio ALL : 5.29 PGR : 11.19
PEG Ratio ALL : 0.14 PGR : 0.09
PS Ratio ALL : 0.82 PGR : 1.42
PB Ratio ALL : 1.89 PGR : 27.47
Total Revenue (TTM) ALL : $66.46B PGR : $79.91B
Gross Profit (TTM) ALL : $22.09B PGR : $24.59B
EBITDA (TTM) ALL : $13.93B PGR : $13.09B

Returns By Period

In the year-to-date period, ALL achieves a -1.45% return, which is significantly higher than PGR's -9.70% return. Over the past 10 years, ALL has underperformed PGR with an annualized return of 14.06%, while PGR has yielded a comparatively higher 21.80% annualized return.

ALL

• 1D: -1.56%
• 1M: -4.07%
• YTD: -1.45%
• 6M: -2.17%
• 1Y: 0.30%
• 3Y*: 25.41%
• 5Y*: 14.69%
• 10Y*: 14.06%

PGR

• 1D: -2.46%
• 1M: -9.40%
• YTD: -9.70%
• 6M: -16.53%
• 1Y: -27.58%
• 3Y*: 13.94%
• 5Y*: 17.76%
• 10Y*: 21.80%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

ALL vs. PGR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ALL

ALL Risk / Return Rank: 38
ALL Sharpe Ratio Rank: 40
ALL Sortino Ratio Rank: 33
ALL Omega Ratio Rank: 33
ALL Calmar Ratio Rank: 41
ALL Martin Ratio Rank: 42

PGR

PGR Risk / Return Rank: 6
PGR Sharpe Ratio Rank: 3
PGR Sortino Ratio Rank: 6
PGR Omega Ratio Rank: 6
PGR Calmar Ratio Rank: 6
PGR Martin Ratio Rank: 9

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ALL vs. PGR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Allstate Corporation (ALL) and The Progressive Corporation (PGR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ALL	PGR	Difference
Sharpe ratio Return per unit of total volatility	0.01	-1.11	+1.12
Sortino ratio Return per unit of downside risk	0.19	-1.45	+1.64
Omega ratio Gain probability vs. loss probability	1.03	0.82	+0.21
Calmar ratio Return relative to maximum drawdown	0.04	-0.93	+0.97
Martin ratio Return relative to average drawdown	0.09	-1.50	+1.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ALL vs. PGR - Sharpe Ratio Comparison

The current ALL Sharpe Ratio is 0.01, which is higher than the PGR Sharpe Ratio of -1.11. The chart below compares the historical Sharpe Ratios of ALL and PGR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ALL	PGR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.01	-1.11	+1.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.73	-0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	0.90	-0.33
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.58	-0.22

Correlation

The correlation between ALL and PGR is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ALL vs. PGR - Dividend Comparison

ALL's dividend yield for the trailing twelve months is around 2.00%, less than PGR's 7.19% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ALL The Allstate Corporation	2.00%	1.92%	1.91%	2.54%	2.51%	2.75%	1.96%	1.78%	2.23%	1.41%	1.78%	1.93%
PGR The Progressive Corporation	7.19%	2.15%	0.48%	0.25%	0.31%	6.23%	2.68%	3.89%	1.86%	1.21%	2.50%	2.16%

Drawdowns

ALL vs. PGR - Drawdown Comparison

The maximum ALL drawdown since its inception was -77.03%, which is greater than PGR's maximum drawdown of -71.06%. Use the drawdown chart below to compare losses from any high point for ALL and PGR.

Drawdown Indicators

	ALL	PGR	Difference
Max Drawdown Largest peak-to-trough decline	-77.03%	-71.06%	-5.97%
Max Drawdown (1Y) Largest decline over 1 year	-12.12%	-29.40%	+17.28%
Max Drawdown (5Y) Largest decline over 5 years	-27.35%	-29.97%	+2.62%
Max Drawdown (10Y) Largest decline over 10 years	-41.39%	-29.97%	-11.42%
Current Drawdown Current decline from peak	-4.71%	-29.31%	+24.60%
Average Drawdown Average peak-to-trough decline	-16.52%	-14.47%	-2.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.48%	18.11%	-12.63%

Volatility

ALL vs. PGR - Volatility Comparison

The current volatility for The Allstate Corporation (ALL) is 5.25%, while The Progressive Corporation (PGR) has a volatility of 5.99%. This indicates that ALL experiences smaller price fluctuations and is considered to be less risky than PGR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ALL	PGR	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.25%	5.99%	-0.74%
Volatility (6M) Calculated over the trailing 6-month period	16.29%	17.12%	-0.83%
Volatility (1Y) Calculated over the trailing 1-year period	25.67%	25.03%	+0.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.27%	24.50%	+0.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.80%	24.36%	+0.44%

Financials

ALL vs. PGR - Profitability Comparison

The chart below illustrates the profitability comparison between The Allstate Corporation and The Progressive Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ALL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, The Allstate Corporation reported a gross profit of 8.79B and revenue of 16.59B. Therefore, the gross margin over that period was 53.0%.

PGR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, The Progressive Corporation reported a gross profit of 8.02B and revenue of 15.00B. Therefore, the gross margin over that period was 53.5%.

ALL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, The Allstate Corporation reported an operating income of 4.92B and revenue of 16.59B, resulting in an operating margin of 29.6%.

PGR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, The Progressive Corporation reported an operating income of 2.29B and revenue of 15.00B, resulting in an operating margin of 15.3%.

ALL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, The Allstate Corporation reported a net income of 3.83B and revenue of 16.59B, resulting in a net margin of 23.1%.

PGR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, The Progressive Corporation reported a net income of 1.80B and revenue of 15.00B, resulting in a net margin of 12.0%.