PGR vs. TXRH
PGR (The Progressive Corporation) and TXRH (Texas Roadhouse, Inc.) are both stocks. PGR operates in Insurance - Property & Casualty (Financial Services), while TXRH operates in Restaurants (Consumer Cyclical). Over the past 10 years, PGR returned 23.82%/yr vs 16.96%/yr for TXRH. At a 0.27 correlation, their price movements are largely independent.
Performance
PGR vs. TXRH - Performance Comparison
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Returns By Period
In the year-to-date period, PGR achieves a -0.79% return, which is significantly lower than TXRH's 19.26% return. Over the past 10 years, PGR has outperformed TXRH with an annualized return of 23.82%, while TXRH has yielded a comparatively lower 16.96% 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%
TXRH
- 1D
- -0.39%
- 1M
- 10.41%
- 6M
- 1.79%
- YTD
- 19.26%
- 1Y
- 8.40%
- 3Y*
- 21.15%
- 5Y*
- 17.43%
- 10Y*
- 16.96%
- ALL TIME*
- 15.75%
PGR vs. TXRH - 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% |
TXRH Texas Roadhouse, Inc. | 19.26% | -6.57% | 49.78% | 37.15% | 4.16% | 15.71% | 39.83% | -3.62% | 15.11% | 11.16% |
Correlation
The correlation between PGR and TXRH is 0.07, 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 | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Oct 5, 2004 | 0.27 |
Over the past year, the correlation between PGR and TXRH has dropped to 0.07 - well below their long-term average of 0.27, suggesting their price drivers have been diverging.
Fundamentals
PGR:
$123.39B
TXRH:
$12.90B
PGR:
$19.67
TXRH:
$6.27
PGR:
10.79
TXRH:
31.32
PGR:
0.08
TXRH:
1.95
PGR:
1.39
TXRH:
2.15
PGR:
$89.43B
TXRH:
$6.06B
PGR:
$25.44B
TXRH:
$1.14B
PGR:
$15.15B
TXRH:
$701.29M
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Return for Risk
PGR vs. TXRH — Risk / Return Rank
PGR
TXRH
PGR vs. TXRH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Progressive Corporation (PGR) and Texas Roadhouse, Inc. (TXRH). 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 | TXRH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.61 | ||
| Sortino ratioReturn per unit of downside risk | -0.96 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.07 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | 0.43 | -0.85 |
| Martin ratioReturn relative to average drawdown | -0.71 | 0.84 | -1.54 |
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Drawdowns
PGR vs. TXRH - Drawdown Comparison
The maximum PGR drawdown since its inception was -71.06%, smaller than the maximum TXRH drawdown of -76.59%. Use the drawdown chart below to compare losses from any high point for PGR and TXRH.
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Drawdown Indicators
| PGR | TXRH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.06% | -76.59% | +5.53% |
Max Drawdown (1Y)Largest decline over 1 year | -19.79% | -19.61% | -0.18% |
Max Drawdown (3Y)Largest decline over 3 years | -30.35% | -24.82% | -5.53% |
Max Drawdown (5Y)Largest decline over 5 years | -30.35% | -30.45% | +0.10% |
Max Drawdown (10Y)Largest decline over 10 years | -30.35% | -58.04% | +27.69% |
Current DrawdownCurrent decline from peak | -22.33% | -1.75% | -20.58% |
Average DrawdownAverage peak-to-trough decline | -14.55% | -16.11% | +1.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.71% | 10.07% | +1.64% |
Volatility
PGR vs. TXRH - Volatility Comparison
The Progressive Corporation (PGR) has a higher volatility of 14.04% compared to Texas Roadhouse, Inc. (TXRH) at 9.76%. This indicates that PGR's price experiences larger fluctuations and is considered to be riskier than TXRH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PGR | TXRH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.04% | 9.76% | +4.28% |
Volatility (6M)Calculated over the trailing 6-month period | 20.19% | 23.19% | -3.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.34% | 29.99% | -4.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.16% | 30.54% | -5.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.79% | 35.73% | -10.94% |
Dividends
PGR vs. TXRH - Dividend Comparison
PGR's dividend yield for the trailing twelve months is around 6.55%, more than TXRH's 1.46% 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% |
TXRH Texas Roadhouse, Inc. | 1.46% | 1.64% | 1.35% | 1.80% | 2.02% | 1.34% | 0.46% | 2.13% | 1.68% | 1.59% | 1.58% | 1.90% |
Financials
PGR vs. TXRH - Financials Comparison
This section allows you to compare key financial metrics between The Progressive Corporation and Texas Roadhouse, 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. TXRH - 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%.
TXRH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Texas Roadhouse, Inc. reported a gross profit of 499.53M and revenue of 1.63B. Therefore, the gross margin over that period was 30.6%.
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%.
TXRH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Texas Roadhouse, Inc. reported an operating income of 146.34M and revenue of 1.63B, resulting in an operating margin of 9.0%.
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%.
TXRH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Texas Roadhouse, Inc. reported a net income of 123.43M and revenue of 1.63B, resulting in a net margin of 7.6%.
Frequently Asked Questions
PGR and TXRH have a correlation of 0.07, 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 TXRH (9.76%). In terms of maximum drawdown, PGR dropped -71.06% vs TXRH's -76.59%.
TXRH currently has the higher Sharpe Ratio (0.28 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.
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