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 July 28, 2026. Differences are shown without an overall score or investment verdict.
PGR
The Progressive Corporation
$219.52Financial ServicesDelayed quote: Jul 28, 2026, 4:00 PM EDT
SPGI
S&P Global Inc.
$424.36Financial ServicesDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — PGR vs SPGI
growth of $100 · dividends reinvested · last 30yPGR +7867.3%SPGI +6753.5%PGR compounded faster
PGR SPGI
PGR vs SPGI: by the numbers
- •PGR is the larger company ($127.63B vs $125.61B market cap).
- •PGR trades at the lower trailing earnings multiple (10.82 vs 27.84 P/E), one valuation lens rather than an overall verdict.
- •SPGI converts more revenue to profit (30.37% vs 12.85% net margin).
- •SPGI grew revenue faster over the past five years (15.44% vs 14.79% CAGR).
- •SPGI pays the higher dividend yield (0.88% vs 0.14%).
Metrics side by side
Valuation
| Metric | PGR | SPGI |
|---|---|---|
| P/E ratio | 10.82 | 27.84 |
| Forward P/E | 12.32 | 23.78 |
| P/S ratio | 1.38 | 8.32 |
| P/B ratio | 3.73 | 4.20 |
| PEG ratio | 0.35 | 1.91 |
Profitability
| Metric | PGR | SPGI |
|---|---|---|
| Gross margin | 26.91% | 70.47% |
| Operating margin | 16.23% | 43.88% |
| Net margin | 12.85% | 30.37% |
| ROE | 34.57% | 15.11% |
| ROIC | 20.74% | 9.22% |
Dividends
| Metric | PGR | SPGI |
|---|---|---|
| Dividend yield | 0.14% | 0.88% |
| Payout ratio | 1.56% | 26.31% |
Growth (annualized)
| Metric | PGR | SPGI |
|---|---|---|
| Revenue CAGR (5Y) | 14.79% | 15.44% |
| EPS CAGR (5Y) | 14.72% | 8.60% |
| Total return CAGR (5Y) | 18.81% | 1.13% |
Frequently asked
- Which has the lower trailing P/E, PGR or SPGI?
- PGR has the lower trailing P/E: PGR trades at 10.82 and SPGI at 27.84. 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 15.44%.
- Does PGR or SPGI pay a bigger dividend?
- PGR yields 0.14% and SPGI yields 0.88% 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 30.37%.
- How have PGR and SPGI total returns compared?
- Over the past 10 years, PGR delivered 22.28% and SPGI delivered 14.19% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Progressive P/E ratioS&P Global P/E ratioProgressive dividend yieldS&P Global dividend yieldProgressive ROES&P Global ROEProgressive operating marginS&P Global operating marginProgressive revenue growthS&P Global revenue growthProgressive free cash flowS&P Global free cash flow
Progressive & S&P Global 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 July 28, 2026.