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

PGR has the lower trailing P/E: PGR trades at 11.03 and USB at 12.56. 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 3.31% 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 22.24% and USB delivered 7.95% 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 July 30, 2026. Differences are shown without an overall score or investment verdict.

PGR

The Progressive Corporation

$123.22B

$211.94Financial ServicesDelayed quote: Jul 30, 2026, 10:59 AM EDT

USB

U.S. Bancorp

$97.47B

$62.57Financial ServicesDelayed quote: Jul 30, 2026, 11:00 AM EDT

Total return — PGR vs USB

growth of $100 · dividends reinvested · last 30y

PGR +7888.0%USB +1878.4%PGR compounded faster

PGR USB

PGR vs USB: by the numbers

•PGR is the larger company ($123.22B vs $97.47B market cap).
•PGR trades at the lower trailing earnings multiple (11.03 vs 12.56 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 (3.31% vs 0.14%).

Metrics side by side

Valuation

Metric	PGR	USB
P/E ratio	11.03	12.56
Forward P/E	12.56	12.05
P/S ratio	1.41	2.23
P/B ratio	3.80	1.45
PEG ratio	0.35	0.53

Profitability

Metric	PGR	USB
Gross margin	26.91%	63.78%
Operating margin	16.23%	23.95%
Net margin	12.85%	18.69%
ROE	34.57%	12.12%
ROIC	20.74%	4.46%

Dividends

Metric	PGR	USB
Dividend yield	0.14%	3.31%
Payout ratio	1.56%	45.02%

Growth (annualized)

Metric	PGR	USB
Revenue CAGR (5Y)	14.79%	12.72%
EPS CAGR (5Y)	14.72%	8.59%
Total return CAGR (5Y)	18.34%	6.69%

Frequently asked

Which has the lower trailing P/E, PGR or USB?: PGR has the lower trailing P/E: PGR trades at 11.03 and USB at 12.56. 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 3.31% 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 22.24% and USB delivered 7.95% 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 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 July 30, 2026.