Correlation
The correlation between PGR and MCHP is 0.50, 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.
PGR vs. MCHP
Compare and contrast key facts about The Progressive Corporation (PGR) and Microchip Technology Incorporated (MCHP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PGR or MCHP.
Performance
PGR vs. MCHP - Performance Comparison
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Key characteristics
PGR:
1.62
MCHP:
-0.63
PGR:
2.10
MCHP:
-0.80
PGR:
1.30
MCHP:
0.90
PGR:
3.16
MCHP:
-0.61
PGR:
8.00
MCHP:
-1.14
PGR:
4.86%
MCHP:
34.29%
PGR:
24.58%
MCHP:
59.50%
PGR:
-71.05%
MCHP:
-63.77%
PGR:
-4.75%
MCHP:
-39.96%
Fundamentals
PGR:
$163.41B
MCHP:
$31.65B
PGR:
$14.74
MCHP:
-$0.01
PGR:
7.23
MCHP:
5.70
PGR:
2.08
MCHP:
7.19
PGR:
5.64
MCHP:
4.38
PGR:
$78.52B
MCHP:
$4.40B
PGR:
$78.51B
MCHP:
$2.47B
PGR:
$11.57B
MCHP:
$857.70M
Returns By Period
In the year-to-date period, PGR achieves a 18.08% return, which is significantly higher than MCHP's 2.88% return. Over the past 10 years, PGR has outperformed MCHP with an annualized return of 29.18%, while MCHP has yielded a comparatively lower 11.13% annualized return.
PGR
18.08%
0.36%
6.02%
39.39%
33.46%
31.61%
29.18%
MCHP
2.88%
27.53%
-13.07%
-37.49%
-5.18%
5.80%
11.13%
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Risk-Adjusted Performance
PGR vs. MCHP — Risk-Adjusted Performance Rank
PGR
MCHP
PGR vs. MCHP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Progressive Corporation (PGR) and Microchip Technology Incorporated (MCHP). 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.
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Dividends
PGR vs. MCHP - Dividend Comparison
PGR's dividend yield for the trailing twelve months is around 1.77%, less than MCHP's 3.13% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGR The Progressive Corporation | 1.77% | 0.48% | 0.25% | 0.31% | 6.23% | 2.68% | 3.89% | 1.86% | 1.21% | 2.50% | 2.16% | 5.53% |
MCHP Microchip Technology Incorporated | 3.13% | 3.16% | 1.76% | 1.65% | 0.98% | 1.07% | 1.40% | 2.02% | 1.65% | 2.24% | 3.08% | 3.16% |
Drawdowns
PGR vs. MCHP - Drawdown Comparison
The maximum PGR drawdown since its inception was -71.05%, which is greater than MCHP's maximum drawdown of -63.77%. Use the drawdown chart below to compare losses from any high point for PGR and MCHP.
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Volatility
PGR vs. MCHP - Volatility Comparison
The current volatility for The Progressive Corporation (PGR) is 5.38%, while Microchip Technology Incorporated (MCHP) has a volatility of 17.45%. This indicates that PGR experiences smaller price fluctuations and is considered to be less risky than MCHP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
PGR vs. MCHP - Financials Comparison
This section allows you to compare key financial metrics between The Progressive Corporation and Microchip Technology Incorporated. 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
PGR vs. MCHP - Profitability Comparison
PGR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, The Progressive Corporation reported a gross profit of 20.40B and revenue of 20.40B. Therefore, the gross margin over that period was 100.0%.
MCHP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Microchip Technology Incorporated reported a gross profit of 501.10M and revenue of 970.50M. Therefore, the gross margin over that period was 51.6%.
PGR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, The Progressive Corporation reported an operating income of 3.24B and revenue of 20.40B, resulting in an operating margin of 15.9%.
MCHP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Microchip Technology Incorporated reported an operating income of -100.30M and revenue of 970.50M, resulting in an operating margin of -10.3%.
PGR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, The Progressive Corporation reported a net income of 2.57B and revenue of 20.40B, resulting in a net margin of 12.6%.
MCHP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Microchip Technology Incorporated reported a net income of -156.80M and revenue of 970.50M, resulting in a net margin of -16.2%.