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Stock Comparison · Industry comparison · Insurance - Property & Casualt

The Allstate vs The Progressive: Which Stock Looks Stronger in 2026?

The Allstate holds the cleaner structural position, with growth as the main driver and profitability adding further support. The Progressive still has the edge on stability, which keeps the comparison from looking entirely one-sided. The market setup broadly confirms the structural lead — The Allstate holds the more constructive position. That puts structure and market broadly in agreement — The Allstate's lead looks more confirmed than conflicted.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the S&P 500 universe, making them directly comparable.

Updated 2026-05-17

This is not just a one-metric split: both growth and profitability materially support the lead. The overall score gap is 9 points in favour of The Allstate Corporation.

INDUSTRY COMPARISON

Both operate in: Insurance - Property & Casualty

This comparison is based on industry proximity, not on functional trajectory similarity. ALL and PGR share the same industry classification.

For a similarity-based comparison, see how The Allstate and The Progressive each position within their functional peer groups in AssetNext.

Peer-Relative Score
ALL
The Allstate Corporation
75
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
PGR
The Progressive Corporation
66
Peer-Score
Signal qualitylow
Peer basis: S&P 500

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

More than one operating dimension supports the result here.

Dimension spread: ALL vs PGR Profitability 71 54 Stability 76 87 Valuation 88 87 Growth 60 32 ALL PGR
Gap Ranking
#1 Growth +28
#2 Profitability +17
#3 Stability +11
#4 Valuation +1
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ALL and PGR Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ALLPGR Relative valuation Structural strength

The setup is mixed: neither company clearly combines the stronger profile with the more supportive price setup.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where ALL and PGR each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY ALL Elevated · below norm 0th 50th 100th 32 pct gap PGR Neutral · below norm 0th 50th 100th 99th 67th
Today PGR sits in the upper-middle of its own 5-year history (67th percentile), while ALL sits higher in its own history (99th). Within each stock's own 5-year context, PGR is at a historically more favourable entry position than ALL. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Growth
On growth, The Allstate Corporation is positioned higher in the group, while The Progressive Corporation is closer to the middle.
Profitability
Both rank well on profitability, but The Allstate Corporation still sits higher.
Growth — Dominant Gap
ALL
60
PGR
32
Gap+28in favour of ALL

Earnings growth is one contributing factor within the growth lead.

What else supports the lead

Return on equity adds support too, with a 7.3-point advantage.

What this means for the comparison

Growth is the clearest driver of the lead, with profitability adding further support — though stability still provides a real counterweight.

Explore full peer positioning in AssetNext

Break down the ALL vs PGR comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar growth-and-profitability comparisons

Explore how ALL and PGR each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.