Marsh & McLennan Companies, Inc. (MMC) vs The Progressive Corporation (PGR)
PGR leads on 10 of 14 compared metrics.
A side-by-side comparison of Marsh & McLennan Companies, Inc. and The Progressive Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
MMC
Marsh & McLennan Companies, Inc.
$171.14Financial Services
PGR
The Progressive Corporation
$203.11Financial Services
Total return — MMC vs PGR
growth of $100 · last 30yMMC +975.0%PGR +5175.7%PGR compounded faster
MMC PGR
MMC vs PGR: by the numbers
- •PGR is the larger company ($118.68B vs $89.82B market cap).
- •PGR trades at the lower earnings multiple (10.33 vs 20.30 P/E).
- •MMC converts more revenue to profit (14.26% vs 12.93% net margin).
- •PGR grew revenue faster over the past five years (14.85% vs 9.28% CAGR).
- •MMC pays the higher dividend yield (2.10% vs 0.15%).
Which is better, MMC or PGR?
Metric tally: MMC 4 · PGR 10It depends on what you're optimizing for:
ValuePGR(lower P/E)
GrowthPGR(faster 5Y revenue CAGR)
IncomeMMC(higher dividend yield)
QualityPGR(higher ROIC)
Valuation
| Metric | MMC | PGR |
|---|---|---|
| P/E ratio | 20.30 | 10.33● |
| Forward P/E | 16.60 | 12.37● |
| P/S ratio | 3.11 | 1.33● |
| P/B ratio | 5.48 | 3.72● |
| PEG ratio | 7.85 | 0.35● |
Profitability
| Metric | MMC | PGR |
|---|---|---|
| Gross margin | 20.12% | 28.44%● |
| Operating margin | 21.70%● | 16.27% |
| Net margin | 14.26%● | 12.93% |
| ROE | 26.51% | 36.08%● |
| ROIC | 12.12% | 20.74%● |
Dividends
| Metric | MMC | PGR |
|---|---|---|
| Dividend yield | 2.10%● | 0.15% |
| Payout ratio | 42.45% | 1.56% |
Growth (annualized)
| Metric | MMC | PGR |
|---|---|---|
| Revenue CAGR (5Y) | 9.28% | 14.85%● |
| EPS CAGR (5Y) | 16.34%● | 14.72% |
| Total return CAGR (5Y) | 10.12% | 17.02%● |
Frequently asked
- Which is better, MMC or PGR?
- It depends on your goal. value: PGR (lower P/E); growth: PGR (faster 5Y revenue CAGR); income: MMC (higher dividend yield); quality: PGR (higher ROIC). Across all compared metrics, PGR leads 10 to 4.
- Is MMC or PGR cheaper?
- On trailing earnings, PGR is cheaper: MMC trades at a 20.30 P/E and PGR at 10.33.
- Which has grown faster, MMC or PGR?
- Over the past five years, PGR grew revenue faster — MMC at a 9.28% CAGR versus PGR at 14.85%.
- Does MMC or PGR pay a bigger dividend?
- MMC yields 2.10% and PGR yields 0.15% based on trailing dividends and the latest price.
- Is MMC or PGR more profitable?
- MMC runs the higher net margin — MMC at 14.26% versus PGR at 12.93%.
- Which has been the better investment, MMC or PGR?
- Over the past 10-year, PGR delivered the higher annualized total return — MMC at 13.86% versus PGR at 21.21%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Marsh & McLennan Companies P/E ratioProgressive P/E ratioMarsh & McLennan Companies dividend yieldProgressive dividend yieldMarsh & McLennan Companies ROEProgressive ROEMarsh & McLennan Companies operating marginProgressive operating marginMarsh & McLennan Companies revenue growthProgressive revenue growthMarsh & McLennan Companies free cash flowProgressive free cash flow
Marsh & McLennan Companies & 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 14, 2026.