Chubb Limited (CB) vs The Progressive Corporation (PGR)

Chubb Limited and The Progressive Corporation are both Insurance Property & Casualty companies. Chubb Limited and The Progressive Corporation are of similar size ($142.0B and $135.1B). The Progressive Corporation trades at the lower P/E: 11.7× against 12.9×. The Progressive Corporation grew revenue faster over the last twelve months: 7.67% against 5.70%. Chubb Limited has the higher net margin (18.2% vs 12.7%) and the lower return on invested capital (9.43% vs 22.8%). Both pay a dividend; The Progressive Corporation yields more (5.96% vs 1.07%). Across the 21 metrics below, The Progressive Corporation leads on 13 and Chubb Limited on 8.

Valuation

Metric CB PGR Insurance Property & Casualty median
P/E 12.90 11.71 12.17
P/S 2.32 1.48 1.26
P/B 1.82 3.93 1.85
Price to free cash flow 8.04 8.86 8.04
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 7.75% 8.54% 8.20%
Free cash flow yield 12.44% 11.28% 11.86%

Profitability

Metric CB PGR Insurance Property & Casualty median
Gross margin 29.69% 17.01% 37.39%
Operating margin 23.77% 17.01% 14.67%
Net margin 18.15% 12.67% 10.16%
Free cash flow margin 28.79% 16.66% 18.60%
Return on equity 14.37% 33.24% 16.59%
Return on assets 4.06% 9.32% 3.38%
Return on invested capital 9.43% 22.84% 9.43%

Growth

Metric CB PGR Insurance Property & Casualty median
Revenue growth (TTM) 5.70% 7.67% 5.70%
EPS growth (last fiscal year) 13.13% 33.54% 39.61%
Revenue growth, 5-year CAGR 10.54% 15.50% 9.23%
Net income growth, 5-year CAGR 23.89% 14.77% 10.09%

Health

Metric CB PGR Insurance Property & Casualty median
Debt to equity 0.28 0.24 0.25
Current ratio 0.24 0.25 0.49
Net debt to EBITDA 1.31 0.44 0.08

Dividend

Metric CB PGR Insurance Property & Casualty median
Dividend yield 1.07% 5.96% 1.56%
Payout ratio 0.14 0.70 0.15

Size

Metric CB PGR Insurance Property & Casualty median
Market cap 141.99b 135.10b 2.64b

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