Allstate (ALL) vs Progressive (PGR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Allstate (ALL) has outperformed Progressive (PGR) over the past year, gaining 5.7% versus a loss of 12.2%. Over five years, PGR leads with a +134.7% price change compared with +76.7% for ALL. Progressive is the larger company by market cap ($124.28 billion vs $56.63 billion), about 2.2 times the size.
On valuation, Allstate trades at a lower forward P/E (8.0x vs 13.1x for Progressive). Allstate offers the higher dividend yield (1.86% vs 0.19%). Allstate converts more of its revenue into profit, with a net margin of 15.2% versus 12.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ALL | PGR |
|---|---|---|
| Share price | $223.95 | $214.12 |
| Market cap | $56.63B | $124.28B |
| 1-day change | -0.14% | +0.98% |
| YTD return | +7.59% | -5.97% |
| 1-year return | +5.74% | -12.21% |
| 5-year return | +76.67% | +134.65% |
| P/E ratio (TTM) | 4.49 | 10.64 |
| Forward P/E | 8.01 | 13.08 |
| EPS (TTM) | $49.91 | $20.13 |
| Dividend yield | 1.86% | 0.19% |
| Annual dividend | $4.16 | $0.40 |
| Revenue (latest FY) | $67.69B | $87.67B |
| Revenue growth (YoY) | +5.58% | +16.32% |
| Net income (latest FY) | $10.28B | $11.31B |
| Net margin | 15.19% | 12.90% |
| 52-week high | $277.22 | $245.64 |
| 52-week low | $188.08 | $189.20 |
| Distance from 52-week high | -19.22% | -12.83% |
| Analyst consensus | hold | hold |
| Avg. price target upside | +20.91% | +8.73% |
| Average volume | 1.89M | 2.67M |
| Shares outstanding | 252.86M | 580.40M |
| Employees | 53,000 | 70,053 |
| Sector | Finance | Finance |
| Industry | Property-Casualty Insurers | Property-Casualty Insurers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Progressive is about 2.2 times larger than Allstate by market value ($124.28B vs $56.63B).
- ALL has outperformed PGR by 17.9 percentage points over the past year.
- Progressive trades at a higher earnings multiple (10.6x vs 4.5x trailing P/E).
- Allstate offers a meaningfully higher dividend yield (1.86% vs 0.19%).
- Progressive grew revenue faster in its latest fiscal year (+16.32% vs +5.58%).
About Allstate
ALL stock →The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in four segments: Allstate Protection; Run-off Property-Liability; Protection Services; and Corporate and Other.
Finance · Property-Casualty Insurers · 53,000 employees
About Progressive
PGR stock →The Progressive Corporation operates as an insurance company in the United States. It writes insurance for personal autos and special lines products, including motorcycles, RVs, and watercraft; and personal residential property insurance for homeowners and renters.
Finance · Property-Casualty Insurers · 70,053 employees
ALL vs PGR FAQ
Which is bigger, Allstate or Progressive?
Progressive (PGR) is larger, with a market capitalization of $124.28B compared with $56.63B for Allstate (ALL).
Which stock has performed better over the past year, ALL or PGR?
ALL returned +5.74% over the past 12 months, compared with -12.21% for PGR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ALL or PGR?
ALL has the lower trailing P/E at 4.5, versus 10.6 for PGR. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Allstate or Progressive?
Allstate has the higher yield at 1.86%, compared with 0.19% for Progressive.
Are Allstate and Progressive in the same industry?
Yes. Both are classified in the Property-Casualty Insurers industry within the Finance sector.