HDFC Bank Limited (HDB) vs The Progressive Corporation (PGR)
A side-by-side comparison of HDFC Bank Limited and The Progressive Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 4, 2026. Differences are shown without an overall score or investment verdict.
Total return — HDB vs PGR
growth of $100 · dividends reinvested · last 10yHDB vs PGR: by the numbers
- •PGR is the larger company ($122.27B vs $114.59B market cap).
- •HDB converts more revenue to profit (15.96% vs 12.85% net margin).
- •HDB grew revenue faster over the past five years (20.53% vs 14.79% CAGR).
- •HDB pays the higher dividend yield (3.70% vs 0.14%).
Metrics side by side
Valuation
| Metric | HDB | PGR |
|---|---|---|
| P/E ratio | 6.65 | N/A |
| Forward P/E | N/A | 11.64 |
| PEG ratio | 0.20 | N/A |
| P/S ratio | 2.10 | N/A |
| P/B ratio | 1.78 | N/A |
Profitability
| Metric | HDB | PGR |
|---|---|---|
| Operating margin | 21.90% | 16.23% |
| Net margin | 15.96% | 12.85% |
| ROE | 13.52% | 238.24% |
HDFC Bank Limited: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
The Progressive Corporation: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.
Dividends
| Metric | HDB | PGR |
|---|---|---|
| Dividend yield | 3.70% | 0.14% |
| Payout ratio | 24.63% | N/A |
Growth (annualized)
| Metric | HDB | PGR |
|---|---|---|
| Revenue CAGR (5Y) | 20.53% | 14.79% |
| EPS CAGR (5Y) | 33.54% | 14.72% |
| Total return CAGR (5Y) | -6.88% | 19.09% |
Frequently asked
- Which has grown faster, HDB or PGR?
- Over the past five years, HDB grew revenue faster — HDB at a 20.53% CAGR versus PGR at 14.79%.
- Does HDB or PGR pay a bigger dividend?
- HDB yields 3.70% and PGR yields 0.14% based on trailing dividends and the latest price.
- Is HDB or PGR more profitable?
- HDB runs the higher net margin — HDB at 15.96% versus PGR at 12.85%.
- How have HDB and PGR total returns compared?
- Over the past 10 years, HDB delivered 4.38% and PGR delivered 22.77% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
HDFC Bank & 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 October 4, 2026.