Is PGR or USB cheaper?

On trailing earnings, PGR is cheaper: PGR trades at a 10.33 P/E and USB at 12.38.

Which has grown faster, PGR or USB?

Over the past five years, PGR grew revenue faster — PGR at a 14.85% CAGR versus USB at 12.25%.

Does PGR or USB pay a bigger dividend?

PGR yields 0.15% and USB yields 3.50% based on trailing dividends and the latest price.

Is PGR or USB more profitable?

USB runs the higher net margin — PGR at 12.93% versus USB at 18.02%.

Which has been the better investment, PGR or USB?

Over the past 10-year, PGR delivered the higher annualized total return — PGR at 21.21% versus USB at 7.29%. Past performance doesn't predict future results.

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

PGR leads on 8 of 14 compared metrics.

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 June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

PGR

The Progressive Corporation

$118.68B

$203.11Financial Services

USB

U.S. Bancorp

$91.49B

$58.94Financial Services

Total return — PGR vs USB

growth of $100 · last 30y

PGR +5217.0%USB +691.1%PGR compounded faster

Log scale — wide-divergence pair

PGR USB

PGR vs USB: by the numbers

•PGR is the larger company ($118.68B vs $91.49B market cap).
•PGR trades at the lower earnings multiple (10.33 vs 12.38 P/E).
•USB converts more revenue to profit (18.02% vs 12.93% net margin).
•PGR grew revenue faster over the past five years (14.85% vs 12.25% CAGR).
•USB pays the higher dividend yield (3.50% vs 0.15%).

Which is better, PGR or USB?

Metric tally: PGR 8 · USB 6

It depends on what you're optimizing for:

ValuePGR(lower P/E)

GrowthPGR(faster 5Y revenue CAGR)

IncomeUSB(higher dividend yield)

QualityPGR(higher ROIC)

Valuation

Metric	PGR	USB
P/E ratio	10.33●	12.38
Forward P/E	12.37	11.56●
P/S ratio	1.33●	2.11
P/B ratio	3.72	1.39●
PEG ratio	0.35●	0.50

Profitability

Metric	PGR	USB
Gross margin	28.44%	62.81%●
Operating margin	16.27%	23.18%●
Net margin	12.93%	18.02%●
ROE	36.08%●	11.87%
ROIC	20.74%●	4.46%

Dividends

Metric	PGR	USB
Dividend yield	0.15%	3.50%●
Payout ratio	1.56%	44.59%

Growth (annualized)

Metric	PGR	USB
Revenue CAGR (5Y)	14.85%●	12.25%
EPS CAGR (5Y)	14.72%●	8.59%
Total return CAGR (5Y)	17.02%●	4.33%

Frequently asked

Which is better, PGR or USB?: It depends on your goal. value: PGR (lower P/E); growth: PGR (faster 5Y revenue CAGR); income: USB (higher dividend yield); quality: PGR (higher ROIC). Across all compared metrics, PGR leads 8 to 6.
Is PGR or USB cheaper?: On trailing earnings, PGR is cheaper: PGR trades at a 10.33 P/E and USB at 12.38.
Which has grown faster, PGR or USB?: Over the past five years, PGR grew revenue faster — PGR at a 14.85% CAGR versus USB at 12.25%.
Does PGR or USB pay a bigger dividend?: PGR yields 0.15% and USB yields 3.50% based on trailing dividends and the latest price.
Is PGR or USB more profitable?: USB runs the higher net margin — PGR at 12.93% versus USB at 18.02%.
Which has been the better investment, PGR or USB?: Over the past 10-year, PGR delivered the higher annualized total return — PGR at 21.21% versus USB at 7.29%. 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 free cash flow U.S. Bancorp free cash flow

Progressive & U.S. Bancorp appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Highest ROIC Stocks Highest FCF Yield 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 June 14, 2026.