PGR vs. ALL

Last updated Apr 1, 2026

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

Performance

PGR vs. ALL - Performance Comparison

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

PGR vs. ALL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PGR The Progressive Corporation	-7.42%	-3.02%	51.39%	23.16%	26.81%	10.84%	41.48%	25.14%	9.39%	61.59%
ALL The Allstate Corporation	0.11%	10.09%	40.61%	6.37%	18.37%	9.86%	-0.12%	38.82%	-19.52%	43.64%

Fundamentals

Market Cap PGR : $116.60B ALL : $54.88B
EPS PGR : $17.28 ALL : $38.61
PE Ratio PGR : 11.47 ALL : 5.37
PEG Ratio PGR : 0.09 ALL : 0.15
PS Ratio PGR : 1.46 ALL : 0.83
PB Ratio PGR : 28.17 ALL : 1.92
Total Revenue (TTM) PGR : $79.91B ALL : $66.46B
Gross Profit (TTM) PGR : $24.59B ALL : $22.09B
EBITDA (TTM) PGR : $13.09B ALL : $13.93B

Returns By Period

In the year-to-date period, PGR achieves a -7.42% return, which is significantly lower than ALL's 0.11% return. Over the past 10 years, PGR has outperformed ALL with an annualized return of 22.11%, while ALL has yielded a comparatively lower 14.24% annualized return.

PGR

• 1D: -1.56%
• 1M: -7.22%
• YTD: -7.42%
• 6M: -14.59%
• 1Y: -25.42%
• 3Y*: 14.89%
• 5Y*: 18.35%
• 10Y*: 22.11%

ALL

• 1D: 0.03%
• 1M: -2.86%
• YTD: 0.11%
• 6M: -2.46%
• 1Y: 2.10%
• 3Y*: 26.07%
• 5Y*: 15.05%
• 10Y*: 14.24%

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

Return for Risk

PGR vs. ALL — Risk / Return Rank

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

PGR

PGR Risk / Return Rank: 9
PGR Sharpe Ratio Rank: 4
PGR Sortino Ratio Rank: 8
PGR Omega Ratio Rank: 8
PGR Calmar Ratio Rank: 12
PGR Martin Ratio Rank: 15

ALL

ALL Risk / Return Rank: 43
ALL Sharpe Ratio Rank: 45
ALL Sortino Ratio Rank: 37
ALL Omega Ratio Rank: 37
ALL Calmar Ratio Rank: 47
ALL Martin Ratio Rank: 48

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.

PGR vs. ALL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Progressive Corporation (PGR) and The Allstate Corporation (ALL). 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.

	PGR	ALL	Difference
Sharpe ratio Return per unit of total volatility	-1.02	0.08	-1.11
Sortino ratio Return per unit of downside risk	-1.32	0.28	-1.60
Omega ratio Gain probability vs. loss probability	0.83	1.04	-0.21
Calmar ratio Return relative to maximum drawdown	-0.83	0.19	-1.01
Martin ratio Return relative to average drawdown	-1.35	0.44	-1.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PGR vs. ALL - Sharpe Ratio Comparison

The current PGR Sharpe Ratio is -1.02, which is lower than the ALL Sharpe Ratio of 0.08. The chart below compares the historical Sharpe Ratios of PGR and ALL, 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

	PGR	ALL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.02	0.08	-1.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	0.60	+0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.91	0.58	+0.33
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.37	+0.22

Correlation

The correlation between PGR and ALL 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

PGR vs. ALL - Dividend Comparison

PGR's dividend yield for the trailing twelve months is around 7.01%, more than ALL's 1.97% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PGR The Progressive Corporation	7.01%	2.15%	0.48%	0.25%	0.31%	6.23%	2.68%	3.89%	1.86%	1.21%	2.50%	2.16%
ALL The Allstate Corporation	1.97%	1.92%	1.91%	2.54%	2.51%	2.75%	1.96%	1.78%	2.23%	1.41%	1.78%	1.93%

Drawdowns

PGR vs. ALL - Drawdown Comparison

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

Drawdown Indicators

	PGR	ALL	Difference
Max Drawdown Largest peak-to-trough decline	-71.06%	-77.03%	+5.97%
Max Drawdown (1Y) Largest decline over 1 year	-29.40%	-13.00%	-16.40%
Max Drawdown (5Y) Largest decline over 5 years	-29.97%	-27.35%	-2.62%
Max Drawdown (10Y) Largest decline over 10 years	-29.97%	-41.39%	+11.42%
Current Drawdown Current decline from peak	-27.52%	-3.19%	-24.33%
Average Drawdown Average peak-to-trough decline	-14.47%	-16.52%	+2.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.02%	5.48%	+12.54%

Volatility

PGR vs. ALL - Volatility Comparison

The Progressive Corporation (PGR) has a higher volatility of 5.61% compared to The Allstate Corporation (ALL) at 5.09%. This indicates that PGR's price experiences larger fluctuations and is considered to be riskier than ALL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PGR	ALL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.61%	5.09%	+0.52%
Volatility (6M) Calculated over the trailing 6-month period	17.00%	16.29%	+0.71%
Volatility (1Y) Calculated over the trailing 1-year period	24.97%	25.63%	-0.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.48%	25.26%	-0.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.35%	24.80%	-0.45%

Financials

PGR vs. ALL - Profitability Comparison

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

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 - 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 - 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 - 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 - 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%.

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%.