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).
AXP
American Express Company
$325.44Financial Services
PGR
The Progressive Corporation
$203.11Financial Services
Total return — AXP vs PGR
growth of $100 · last 30yAXP +2361.7%PGR +5217.0%PGR compounded faster
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 8It 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
| Metric | AXP | PGR |
|---|---|---|
| P/E ratio | 20.30 | 10.33● |
| Forward P/E | 16.15 | 12.37● |
| P/S ratio | 2.71 | 1.33● |
| P/B ratio | 6.57 | 3.72● |
| PEG ratio | 2.43 | 0.35● |
Profitability
| Metric | AXP | PGR |
|---|---|---|
| Gross margin | 83.50%● | 28.44% |
| Operating margin | 20.70%● | 16.27% |
| Net margin | 13.61%● | 12.93% |
| ROE | 33.00% | 36.08%● |
| ROIC | 8.29% | 20.74%● |
Dividends
| Metric | AXP | PGR |
|---|---|---|
| Dividend yield | 1.05%● | 0.15% |
| Payout ratio | 22.13% | 1.56% |
Growth (annualized)
| Metric | AXP | PGR |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
American Express P/E ratioProgressive P/E ratioAmerican Express dividend yieldProgressive dividend yieldAmerican Express ROEProgressive ROEAmerican Express operating marginProgressive operating marginAmerican Express revenue growthProgressive revenue growthAmerican Express free cash flowProgressive free cash flow
American Express & Progressive appear in these rankings
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.