The Progressive Corporation (PGR) vs S&P Global Inc. (SPGI)

A side-by-side comparison of The Progressive Corporation and S&P Global Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnPGR vs SPGI

growth of $100 · dividends reinvested · last 10y
PGR +706.8% (+23.2%/yr)SPGI +271.7% (+14.0%/yr)PGR compounded faster over this window
2004006008001kStart $10020182020202220242026$807$372
PGR SPGI

PGR vs SPGI: by the numbers

  • PGR is the larger company ($126.52B vs $121.08B market cap).
  • PGR trades at the lower trailing earnings multiple (10.91 vs 25.01 P/E), one valuation lens rather than an overall verdict.
  • SPGI converts more revenue to profit (30.53% vs 12.85% net margin).
  • SPGI grew revenue faster over the past five years (15.53% vs 14.79% CAGR).
  • SPGI pays the higher dividend yield (0.93% vs 0.14%).

Metrics side by side

Valuation

MetricPGRSPGI
P/E ratio10.9125.01
Forward P/E12.1422.94
P/S ratio1.397.51
P/B ratioN/A3.83

Profitability

MetricPGRSPGI
Gross margin26.91%70.90%
Operating margin16.23%46.27%
Net margin12.85%30.53%
ROE34.06%15.57%

Dividends

MetricPGRSPGI
Dividend yield0.14%0.93%
Payout ratio1.50%23.57%

Growth (annualized)

MetricPGRSPGI
Revenue CAGR (5Y)14.79%15.53%
EPS CAGR (5Y)14.72%8.60%
Total return CAGR (5Y)19.08%-0.68%

Frequently asked

Which has the lower trailing P/E, PGR or SPGI?
PGR has the lower trailing P/E: PGR trades at 10.91 and SPGI at 25.01. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, PGR or SPGI?
Over the past five years, SPGI grew revenue faster — PGR at a 14.79% CAGR versus SPGI at 15.53%.
Does PGR or SPGI pay a bigger dividend?
PGR yields 0.14% and SPGI yields 0.93% based on trailing dividends and the latest price.
Is PGR or SPGI more profitable?
SPGI runs the higher net margin — PGR at 12.85% versus SPGI at 30.53%.
How have PGR and SPGI total returns compared?
Over the past 10 years, PGR delivered 23.18% and SPGI delivered 14.13% annualized total return. 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 September 10, 2026.