LII vs. PGR
LII (Lennox International Inc.) and PGR (The Progressive Corporation) are both stocks. LII operates in Specialty Industrial Machinery (Industrials), while PGR operates in Insurance - Property & Casualty (Financial Services). Over the past 10 years, LII returned 15.40%/yr vs 23.25%/yr for PGR. At a 0.31 correlation, their price movements are largely independent.
Performance
LII vs. PGR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LII achieves a 6.05% return, which is significantly higher than PGR's -6.42% return. Over the past 10 years, LII has underperformed PGR with an annualized return of 15.40%, while PGR has yielded a comparatively higher 23.25% annualized return.
LII
- 1D
- 0.99%
- 1M
- -1.50%
- YTD
- 6.05%
- 6M
- 2.56%
- 1Y
- -6.07%
- 3Y*
- 20.35%
- 5Y*
- 10.02%
- 10Y*
- 15.40%
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%
LII vs. PGR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LII Lennox International Inc. | 6.05% | -19.54% | 37.27% | 89.55% | -24.94% | 19.71% | 13.79% | 12.78% | 6.33% | 37.43% |
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 LII and PGR is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 1999 | 0.31 |
Over the past year, the correlation between LII and PGR has dropped to 0.04 - well below their long-term average of 0.31, suggesting their price drivers have been diverging.
Fundamentals
LII:
$22.20
PGR:
$19.23
LII:
23.13
PGR:
10.41
LII:
1.41
PGR:
0.08
LII:
3.44
PGR:
1.34
LII:
$5.26B
PGR:
$87.65B
LII:
$1.74B
PGR:
$23.23B
LII:
$1.10B
PGR:
$14.81B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LII vs. PGR — Risk / Return Rank
LII
PGR
LII vs. PGR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lennox International Inc. (LII) 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.
| LII | PGR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.87 | ||
| Sortino ratioReturn per unit of downside risk | +1.41 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 0.84 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.18 | -0.94 | +0.76 |
| Martin ratioReturn relative to average drawdown | -0.29 | -1.43 | +1.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| LII | PGR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.18 | -1.04 | +0.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 0.77 | -0.45 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.95 | -0.43 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.58 | -0.15 |
Drawdowns
LII vs. PGR - Drawdown Comparison
The maximum LII drawdown since its inception was -62.76%, smaller than the maximum PGR drawdown of -71.06%. Use the drawdown chart below to compare losses from any high point for LII and PGR.
Loading charts...
Drawdown Indicators
| LII | PGR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.76% | -71.06% | +8.30% |
Max Drawdown (1Y)Largest decline over 1 year | -33.77% | -25.27% | -8.50% |
Max Drawdown (3Y)Largest decline over 3 years | -34.71% | -30.35% | -4.36% |
Max Drawdown (5Y)Largest decline over 5 years | -46.88% | -30.35% | -16.53% |
Max Drawdown (10Y)Largest decline over 10 years | -46.88% | -30.35% | -16.53% |
Current DrawdownCurrent decline from peak | -23.22% | -26.74% | +3.52% |
Average DrawdownAverage peak-to-trough decline | -14.50% | -14.53% | +0.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.72% | 18.79% | +1.93% |
Volatility
LII vs. PGR - Volatility Comparison
Lennox International Inc. (LII) has a higher volatility of 9.20% compared to The Progressive Corporation (PGR) at 7.57%. This indicates that LII's price experiences larger fluctuations and is considered to be riskier than PGR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LII | PGR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.20% | 7.57% | +1.63% |
Volatility (6M)Calculated over the trailing 6-month period | 25.88% | 16.95% | +8.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.85% | 22.76% | +12.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.05% | 24.55% | +7.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.27% | 24.48% | +4.79% |
Dividends
LII vs. PGR - Dividend Comparison
LII's dividend yield for the trailing twelve months is around 1.01%, less than PGR's 6.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LII Lennox International Inc. | 1.01% | 1.04% | 0.75% | 0.97% | 1.71% | 1.09% | 1.12% | 1.21% | 1.11% | 0.94% | 1.08% | 1.10% |
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
LII vs. PGR - Financials Comparison
This section allows you to compare key financial metrics between Lennox International 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
LII vs. PGR - Profitability Comparison
LII - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lennox International Inc. reported a gross profit of 351.30M and revenue of 1.14B. Therefore, the gross margin over that period was 31.0%.
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%.
LII - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lennox International Inc. reported an operating income of 163.50M and revenue of 1.14B, resulting in an operating margin of 14.4%.
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%.
LII - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lennox International Inc. reported a net income of 117.20M and revenue of 1.14B, resulting in a net margin of 10.3%.
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
LII and PGR have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LII has higher volatility (9.20%) compared to PGR (7.57%). In terms of maximum drawdown, LII dropped -62.76% vs PGR's -71.06%.
LII currently has the higher Sharpe Ratio (-0.18 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.
Find the right allocation for LII and PGR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer