MetaCap

Progressive (PGR) vs W.R. Berkley (WRB)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

W.R. Berkley (WRB) has outperformed Progressive (PGR) over the past year, losing 10.3% versus a loss of 12.2%. Over five years, PGR leads with a +134.7% price change compared with +101.7% for WRB. Progressive is the larger company by market cap ($124.28 billion vs $25.89 billion), about 4.8 times the size.

On valuation, Progressive trades at a lower forward P/E (13.1x vs 14.3x for W.R. Berkley). W.R. Berkley offers the higher dividend yield (0.53% vs 0.19%). Progressive converts more of its revenue into profit, with a net margin of 12.9% versus 12.1%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

PGR-12.21%WRB-10.34%
+2%-11%-23%
Oct 7, 20251 yearOct 7, 2026
PGR+135.48%WRB+103.36%
+225%+107%-11%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

PGR versus WRB key metrics
MetricPGRWRB
Share price$214.12$69.73
Market cap$124.28B$25.89B
1-day change+0.98%+0.11%
YTD return-5.97%-0.56%
1-year return-12.21%-10.34%
5-year return+134.65%+101.71%
P/E ratio (TTM)10.7414.29
Forward P/E13.0814.29
EPS (TTM)$19.94$4.88
Dividend yield0.19%0.53%
Annual dividend$0.40$0.37
Revenue (latest FY)$87.67B$14.71B
Revenue growth (YoY)+16.32%+7.84%
Net income (latest FY)$11.31B$1.78B
Net margin12.90%12.10%
52-week high$245.64$78.96
52-week low$189.20$62.87
Distance from 52-week high-12.83%-11.69%
Analyst consensusholdhold
Avg. price target upside+8.73%-0.96%
Average volume2.67M2.51M
Shares outstanding580.40M371.23M
Employees70,0538,804
SectorFinanceFinance
IndustryProperty-Casualty InsurersProperty-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 4.8 times larger than W.R. Berkley by market value ($124.28B vs $25.89B).
  • W.R. Berkley trades at a higher earnings multiple (14.3x vs 10.7x trailing P/E).
  • Progressive grew revenue faster in its latest fiscal year (+16.32% vs +7.84%).

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

About W.R. Berkley

WRB stock →

W. R.

Finance · Property-Casualty Insurers · 8,804 employees

PGR vs WRB FAQ

Which is bigger, Progressive or W.R. Berkley?

Progressive (PGR) is larger, with a market capitalization of $124.28B compared with $25.89B for W.R. Berkley (WRB).

Which stock has performed better over the past year, PGR or WRB?

WRB returned -10.34% 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, PGR or WRB?

PGR has the lower trailing P/E at 10.7, versus 14.3 for WRB. 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, Progressive or W.R. Berkley?

W.R. Berkley has the higher yield at 0.53%, compared with 0.19% for Progressive.

Are Progressive and W.R. Berkley in the same industry?

Yes. Both are classified in the Property-Casualty Insurers industry within the Finance sector.

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