Which has the lower trailing P/E, PGR or USB?

PGR has the lower trailing P/E: PGR trades at 10.91 and USB at 12.57. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, PGR or USB?

Over the past five years, PGR grew revenue faster — PGR at a 14.79% CAGR versus USB at 12.72%.

Does PGR or USB pay a bigger dividend?

PGR yields 0.14% and USB yields 3.35% based on trailing dividends and the latest price.

Is PGR or USB more profitable?

USB runs the higher net margin — PGR at 12.85% versus USB at 18.69%.

How have PGR and USB total returns compared?

Over the past 10 years, PGR delivered 23.18% and USB delivered 7.51% annualized total return. Past performance doesn't predict future results.

The Progressive Corporation (PGR) vs U.S. Bancorp (USB)

A side-by-side comparison of The Progressive Corporation and U.S. Bancorp 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.

PGR

The Progressive Corporation

$126.52B

$217.62Financial ServicesDelayed quote: Sep 11, 2026, 4:00 PM EDT

USB

U.S. Bancorp

$97.89B

$62.84Financial ServicesDelayed quote: Sep 11, 2026, 4:00 PM EDT

Total return — PGR vs USB

growth of $100 · dividends reinvested · last 10y

PGR +706.8% (+23.2%/yr)USB +105.1% (+7.4%/yr)PGR compounded faster over this window

PGR USB

PGR vs USB: by the numbers

•PGR is the larger company ($126.52B vs $97.89B market cap).
•PGR trades at the lower trailing earnings multiple (10.91 vs 12.57 P/E), one valuation lens rather than an overall verdict.
•USB converts more revenue to profit (18.69% vs 12.85% net margin).
•PGR grew revenue faster over the past five years (14.79% vs 12.72% CAGR).
•USB pays the higher dividend yield (3.35% vs 0.14%).

Metrics side by side

Valuation

Metric	PGR	USB
P/E ratio	10.91	12.57
Forward P/E	12.14	12.04
P/S ratio	1.39	2.24
P/B ratio	N/A	1.45

Profitability

Metric	PGR	USB
Gross margin	26.91%	63.78%
Operating margin	16.23%	23.95%
Net margin	12.85%	18.69%
ROE	34.06%	12.12%

Dividends

Metric	PGR	USB
Dividend yield	0.14%	3.35%
Payout ratio	1.50%	41.60%

Growth (annualized)

Metric	PGR	USB
Revenue CAGR (5Y)	14.79%	12.72%
EPS CAGR (5Y)	14.72%	8.59%
Total return CAGR (5Y)	19.08%	6.69%

Frequently asked

Which has the lower trailing P/E, PGR or USB?: PGR has the lower trailing P/E: PGR trades at 10.91 and USB at 12.57. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, PGR or USB?: Over the past five years, PGR grew revenue faster — PGR at a 14.79% CAGR versus USB at 12.72%.
Does PGR or USB pay a bigger dividend?: PGR yields 0.14% and USB yields 3.35% based on trailing dividends and the latest price.
Is PGR or USB more profitable?: USB runs the higher net margin — PGR at 12.85% versus USB at 18.69%.
How have PGR and USB total returns compared?: Over the past 10 years, PGR delivered 23.18% and USB delivered 7.51% annualized total return. Past performance doesn't predict future results.

Go deeper

Full PGR analysis Full USB analysis Interactive comparison tool

Dig into the metrics

Progressive P/E ratio U.S. Bancorp P/E ratio Progressive dividend yield U.S. Bancorp dividend yield Progressive ROE U.S. Bancorp ROE Progressive operating margin U.S. Bancorp operating margin Progressive revenue growth U.S. Bancorp revenue growth

Progressive & U.S. Bancorp appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

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.