PGR vs. PWR
PGR (The Progressive Corporation) and PWR (Quanta Services, Inc.) are both stocks. PGR operates in Insurance - Property & Casualty (Financial Services), while PWR operates in Engineering & Construction (Industrials). Over the past 10 years, PGR returned 23.82%/yr vs 38.19%/yr for PWR. At a 0.28 correlation, their price movements are largely independent.
Performance
PGR vs. PWR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PGR achieves a -0.79% return, which is significantly lower than PWR's 49.97% return. Over the past 10 years, PGR has underperformed PWR with an annualized return of 23.82%, while PWR has yielded a comparatively higher 38.19% annualized return.
PGR
- 1D
- 2.06%
- 1M
- 3.64%
- 6M
- 4.97%
- YTD
- -0.79%
- 1Y
- -8.28%
- 3Y*
- 23.12%
- 5Y*
- 20.34%
- 10Y*
- 23.82%
- ALL TIME*
- 16.86%
PWR
- 1D
- 0.64%
- 1M
- -9.91%
- 6M
- 35.57%
- YTD
- 49.97%
- 1Y
- 56.98%
- 3Y*
- 46.60%
- 5Y*
- 48.08%
- 10Y*
- 38.19%
- ALL TIME*
- 17.05%
PGR vs. PWR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PGR The Progressive Corporation | -0.79% | -3.02% | 51.39% | 23.16% | 26.81% | 10.84% | 41.48% | 25.14% | 9.39% | 61.59% |
PWR Quanta Services, Inc. | 49.97% | 33.70% | 46.60% | 51.70% | 24.63% | 59.50% | 77.74% | 35.84% | -22.93% | 12.22% |
Correlation
The correlation between PGR and PWR is -0.21, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Feb 12, 1998 | 0.28 |
The correlation between PGR and PWR shifts across timeframes, from -0.21 (1 year) to 0.28 (all time), reflecting how their relationship changes across market environments.
Fundamentals
PGR:
$123.39B
PWR:
$94.92B
PGR:
$19.67
PWR:
$7.28
PGR:
10.79
PWR:
86.89
PGR:
0.08
PWR:
4.30
PGR:
1.39
PWR:
3.20
PGR:
$89.43B
PWR:
$29.99B
PGR:
$25.44B
PWR:
$4.08B
PGR:
$15.15B
PWR:
$2.40B
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
PGR vs. PWR — Risk / Return Rank
PGR
PWR
PGR vs. PWR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Progressive Corporation (PGR) and Quanta Services, Inc. (PWR). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PGR | PWR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.80 | ||
| Sortino ratioReturn per unit of downside risk | -2.43 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.27 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | 2.87 | -3.29 |
| Martin ratioReturn relative to average drawdown | -0.71 | 8.33 | -9.03 |
Loading charts...
Drawdowns
PGR vs. PWR - Drawdown Comparison
The maximum PGR drawdown since its inception was -71.06%, smaller than the maximum PWR drawdown of -97.07%. Use the drawdown chart below to compare losses from any high point for PGR and PWR.
Loading charts...
Drawdown Indicators
| PGR | PWR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.06% | -97.07% | +26.01% |
Max Drawdown (1Y)Largest decline over 1 year | -19.79% | -19.94% | +0.15% |
Max Drawdown (3Y)Largest decline over 3 years | -30.35% | -33.89% | +3.54% |
Max Drawdown (5Y)Largest decline over 5 years | -30.35% | -33.89% | +3.54% |
Max Drawdown (10Y)Largest decline over 10 years | -30.35% | -45.53% | +15.18% |
Current DrawdownCurrent decline from peak | -22.33% | -19.43% | -2.90% |
Average DrawdownAverage peak-to-trough decline | -14.55% | -46.72% | +32.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.71% | 6.87% | +4.84% |
Volatility
PGR vs. PWR - Volatility Comparison
The Progressive Corporation (PGR) has a higher volatility of 14.04% compared to Quanta Services, Inc. (PWR) at 12.56%. This indicates that PGR's price experiences larger fluctuations and is considered to be riskier than PWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PGR | PWR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.04% | 12.56% | +1.48% |
Volatility (6M)Calculated over the trailing 6-month period | 20.19% | 30.89% | -10.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.34% | 38.96% | -13.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.16% | 36.07% | -10.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.79% | 33.90% | -9.11% |
Dividends
PGR vs. PWR - Dividend Comparison
PGR's dividend yield for the trailing twelve months is around 6.55%, more than PWR's 0.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGR The Progressive Corporation | 6.55% | 2.15% | 0.48% | 0.25% | 0.31% | 6.23% | 2.68% | 3.89% | 1.86% | 1.21% | 2.50% | 2.16% |
PWR Quanta Services, Inc. | 0.07% | 0.09% | 0.09% | 0.15% | 0.25% | 0.16% | 0.29% | 0.42% | 0.13% | 0.00% | 0.00% | 0.00% |
Financials
PGR vs. PWR - Financials Comparison
This section allows you to compare key financial metrics between The Progressive Corporation and Quanta Services, Inc.. 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. PWR - Profitability Comparison
PGR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, The Progressive Corporation reported a gross profit of 8.35B and revenue of 22.18B. Therefore, the gross margin over that period was 37.7%.
PWR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Quanta Services, Inc. reported a gross profit of 1.11B and revenue of 7.87B. Therefore, the gross margin over that period was 14.1%.
PGR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, The Progressive Corporation reported an operating income of 3.57B and revenue of 22.18B, resulting in an operating margin of 16.1%.
PWR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Quanta Services, Inc. reported an operating income of 338.78M and revenue of 7.87B, resulting in an operating margin of 4.3%.
PGR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, The Progressive Corporation reported a net income of 2.82B and revenue of 22.18B, resulting in a net margin of 12.7%.
PWR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Quanta Services, Inc. reported a net income of 220.63M and revenue of 7.87B, resulting in a net margin of 2.8%.
Frequently Asked Questions
PGR and PWR have a correlation of -0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PGR has higher volatility (14.04%) compared to PWR (12.56%). In terms of maximum drawdown, PGR dropped -71.06% vs PWR's -97.07%.
PWR currently has the higher Sharpe Ratio (1.47 vs -0.33), 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 PGR and PWR
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