LDOS vs. PGR
LDOS (Leidos Holdings, Inc.) and PGR (The Progressive Corporation) are both stocks. LDOS operates in Information Technology Services (Technology), while PGR operates in Insurance - Property & Casualty (Financial Services). Over the past 10 years, LDOS returned 15.01%/yr vs 23.25%/yr for PGR. At a 0.37 correlation, their price movements are largely independent.
Performance
LDOS vs. PGR - Performance Comparison
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Returns By Period
In the year-to-date period, LDOS achieves a -31.76% return, which is significantly lower than PGR's -6.42% return. Over the past 10 years, LDOS has underperformed PGR with an annualized return of 15.01%, while PGR has yielded a comparatively higher 23.25% annualized return.
LDOS
- 1D
- -1.31%
- 1M
- -5.62%
- YTD
- -31.76%
- 6M
- -33.53%
- 1Y
- -16.31%
- 3Y*
- 15.32%
- 5Y*
- 4.53%
- 10Y*
- 15.01%
PGR
- 1D
- -1.84%
- 1M
- 3.23%
- YTD
- -6.42%
- 6M
- -4.51%
- 1Y
- -23.65%
- 3Y*
- 18.74%
- 5Y*
- 18.76%
- 10Y*
- 23.25%
LDOS vs. PGR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LDOS Leidos Holdings, Inc. | -31.76% | 26.50% | 34.52% | 4.50% | 20.04% | -14.20% | 8.95% | 88.82% | -16.72% | 29.14% |
PGR The Progressive Corporation | -6.42% | -3.02% | 51.39% | 23.16% | 26.81% | 10.84% | 41.48% | 25.14% | 9.39% | 61.59% |
Correlation
The correlation between LDOS and PGR is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2006 | 0.37 |
Over the past year, the correlation between LDOS and PGR has dropped to 0.12 - well below their long-term average of 0.37, suggesting their price drivers have been diverging.
Fundamentals
LDOS:
$10.92
PGR:
$19.23
LDOS:
11.25
PGR:
10.41
LDOS:
0.09
PGR:
0.08
LDOS:
0.92
PGR:
1.34
LDOS:
$17.33B
PGR:
$87.65B
LDOS:
$3.04B
PGR:
$23.23B
LDOS:
$2.34B
PGR:
$14.81B
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Return for Risk
LDOS vs. PGR — Risk / Return Rank
LDOS
PGR
LDOS vs. PGR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leidos Holdings, Inc. (LDOS) 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.
| LDOS | PGR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.81 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 0.84 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | -0.43 | -0.94 | +0.51 |
| Martin ratioReturn relative to average drawdown | -1.12 | -1.43 | +0.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LDOS | PGR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.56 | -1.04 | +0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.77 | -0.60 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.95 | -0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.58 | -0.35 |
Drawdowns
LDOS vs. PGR - Drawdown Comparison
The maximum LDOS drawdown since its inception was -54.72%, smaller than the maximum PGR drawdown of -71.06%. Use the drawdown chart below to compare losses from any high point for LDOS and PGR.
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Drawdown Indicators
| LDOS | PGR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.72% | -71.06% | +16.34% |
Max Drawdown (1Y)Largest decline over 1 year | -38.17% | -25.27% | -12.90% |
Max Drawdown (3Y)Largest decline over 3 years | -38.17% | -30.35% | -7.82% |
Max Drawdown (5Y)Largest decline over 5 years | -38.17% | -30.35% | -7.82% |
Max Drawdown (10Y)Largest decline over 10 years | -42.29% | -30.35% | -11.94% |
Current DrawdownCurrent decline from peak | -38.17% | -26.74% | -11.43% |
Average DrawdownAverage peak-to-trough decline | -19.67% | -14.53% | -5.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.55% | 18.79% | -4.24% |
Volatility
LDOS vs. PGR - Volatility Comparison
The current volatility for Leidos Holdings, Inc. (LDOS) is 7.17%, while The Progressive Corporation (PGR) has a volatility of 7.57%. This indicates that LDOS 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.
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Volatility by Period
| LDOS | PGR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.17% | 7.57% | -0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 25.18% | 16.95% | +8.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.33% | 22.76% | +6.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.74% | 24.55% | +2.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.50% | 24.48% | +3.02% |
Dividends
LDOS vs. PGR - Dividend Comparison
LDOS's dividend yield for the trailing twelve months is around 1.35%, less than PGR's 6.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LDOS Leidos Holdings, Inc. | 1.35% | 0.90% | 1.07% | 1.35% | 1.37% | 1.57% | 1.29% | 1.35% | 2.43% | 1.98% | 29.17% | 3.41% |
PGR The Progressive Corporation | 6.94% | 2.15% | 0.48% | 0.25% | 0.31% | 6.23% | 2.68% | 3.89% | 1.86% | 1.21% | 2.50% | 2.16% |
Financials
LDOS vs. PGR - Financials Comparison
This section allows you to compare key financial metrics between Leidos Holdings, Inc. and The Progressive Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
LDOS vs. PGR - Profitability Comparison
LDOS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Leidos Holdings, Inc. reported a gross profit of 761.00M and revenue of 4.40B. Therefore, the gross margin over that period was 17.3%.
PGR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Progressive Corporation reported a gross profit of 6.66B and revenue of 22.74B. Therefore, the gross margin over that period was 29.3%.
LDOS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Leidos Holdings, Inc. reported an operating income of 508.00M and revenue of 4.40B, resulting in an operating margin of 11.6%.
PGR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Progressive Corporation reported an operating income of 3.68B and revenue of 22.74B, resulting in an operating margin of 16.2%.
LDOS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Leidos Holdings, Inc. reported a net income of 328.00M and revenue of 4.40B, resulting in a net margin of 7.5%.
PGR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Progressive Corporation reported a net income of 2.95B and revenue of 22.74B, resulting in a net margin of 13.0%.
Frequently Asked Questions
LDOS and PGR have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PGR has higher volatility (7.57%) compared to LDOS (7.17%). In terms of maximum drawdown, LDOS dropped -54.72% vs PGR's -71.06%.
LDOS currently has the higher Sharpe Ratio (-0.56 vs -1.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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