American Express Company (AXP) vs The Progressive Corporation (PGR)

PGR leads on 8 of 14 compared metrics.

A side-by-side comparison of American Express Company and The Progressive Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — AXP vs PGR

growth of $100 · last 30y
AXP +2361.7%PGR +5217.0%PGR compounded faster
02k4k6k8kStart $100200120062011201620212026$2,462$5,317
AXP PGR

AXP vs PGR: by the numbers

  • AXP is the larger company ($222.06B vs $118.68B market cap).
  • PGR trades at the lower earnings multiple (10.33 vs 20.30 P/E).
  • AXP converts more revenue to profit (13.61% vs 12.93% net margin).
  • AXP grew revenue faster over the past five years (17.35% vs 14.85% CAGR).
  • AXP pays the higher dividend yield (1.05% vs 0.15%).

Which is better, AXP or PGR?

Metric tally: AXP 6 · PGR 8

It depends on what you're optimizing for:

ValuePGR(lower P/E)
GrowthAXP(faster 5Y revenue CAGR)
IncomeAXP(higher dividend yield)
QualityPGR(higher ROIC)

Metrics side by side

Valuation

MetricAXPPGR
P/E ratio20.3010.33
Forward P/E16.1512.37
P/S ratio2.711.33
P/B ratio6.573.72
PEG ratio2.430.35

Profitability

MetricAXPPGR
Gross margin83.50%28.44%
Operating margin20.70%16.27%
Net margin13.61%12.93%
ROE33.00%36.08%
ROIC8.29%20.74%

Dividends

MetricAXPPGR
Dividend yield1.05%0.15%
Payout ratio22.13%1.56%

Growth (annualized)

MetricAXPPGR
Revenue CAGR (5Y)17.35%14.85%
EPS CAGR (5Y)32.53%14.72%
Total return CAGR (5Y)16.01%17.02%

Frequently asked

Which is better, AXP or PGR?
It depends on your goal. value: PGR (lower P/E); growth: AXP (faster 5Y revenue CAGR); income: AXP (higher dividend yield); quality: PGR (higher ROIC). Across all compared metrics, PGR leads 8 to 6.
Is AXP or PGR cheaper?
On trailing earnings, PGR is cheaper: AXP trades at a 20.30 P/E and PGR at 10.33.
Which has grown faster, AXP or PGR?
Over the past five years, AXP grew revenue faster — AXP at a 17.35% CAGR versus PGR at 14.85%.
Does AXP or PGR pay a bigger dividend?
AXP yields 1.05% and PGR yields 0.15% based on trailing dividends and the latest price.
Is AXP or PGR more profitable?
AXP runs the higher net margin — AXP at 13.61% versus PGR at 12.93%.
Which has been the better investment, AXP or PGR?
Over the past 10-year, PGR delivered the higher annualized total return — AXP at 19.13% versus PGR at 21.21%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 15, 2026.