Reviewing The Progressive Corporation (PGR)’s and Berkshire Hathaway Inc. (NYSE:BRK.A)’s results

The Progressive Corporation (NYSE:PGR) and Berkshire Hathaway Inc. (NYSE:BRK.A) are two firms in the Property & Casualty Insurance that compete against each other. Below is a comparison of their dividends, institutional ownership, analyst recommendations, profitability, risk, earnings and valuation.

Earnings & Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
The Progressive Corporation 31.95B 1.35 2.59B 4.43 16.43
Berkshire Hathaway Inc. 247.54B 2.04 4.02B 2077.44 146.05

In table 1 we can see The Progressive Corporation and Berkshire Hathaway Inc.’s top-line revenue, earnings per share and valuation. Berkshire Hathaway Inc. appears to has higher revenue and earnings than The Progressive Corporation. When company has lower P/E means it is more affordable than its counterpart presently. The Progressive Corporation is presently more affordable than Berkshire Hathaway Inc., because it’s trading at a lower P/E ratio.

Profitability

Table 2 hightlights the return on equity, net margins and return on assets of the two companies.

Net Margins Return on Equity Return on Assets
The Progressive Corporation 8.11% 24.7% 5.9%
Berkshire Hathaway Inc. 1.62% 1.1% 0.6%

Risk & Volatility

The Progressive Corporation has a 0.76 beta, while its volatility is 24.00% which is less volatile than S&P 500. Berkshire Hathaway Inc.’s 0.78 beta is the reason why it is 22.00% less volatile than S&P 500.

Dividends

The Progressive Corporation pays out $2.51 per share annually while its annual dividend yield is 3.45%. Berkshire Hathaway Inc. does not pay a dividend.

Analyst Ratings

The Recommendations and Ratings for The Progressive Corporation and Berkshire Hathaway Inc. are featured in the next table.

Sell Ratings Hold Ratings Buy Ratings Rating Score
The Progressive Corporation 0 3 5 2.63
Berkshire Hathaway Inc. 0 0 1 3.00

The Progressive Corporation’s upside potential is 6.93% at a $78.71 average price target. Competitively Berkshire Hathaway Inc. has an average price target of $364500, with potential upside of 18.63%. The results from earlier shows that analysts view suggest that Berkshire Hathaway Inc. seems more appealing than The Progressive Corporation.

Institutional and Insider Ownership

Roughly 82.5% of The Progressive Corporation shares are owned by institutional investors while 21.2% of Berkshire Hathaway Inc. are owned by institutional investors. Insiders owned roughly 0.2% of The Progressive Corporation’s shares.

Performance

In this table we show the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
The Progressive Corporation -0.03% 8.05% 13.17% 7.45% 25.82% 20.52%
Berkshire Hathaway Inc. 0.03% -2.6% -6.65% -4.44% 0.15% -0.85%

For the past year The Progressive Corporation has 20.52% stronger performance while Berkshire Hathaway Inc. has -0.85% weaker performance.

Summary

On 10 of the 15 factors Berkshire Hathaway Inc. beats The Progressive Corporation.

The Progressive Corporation, through its subsidiaries, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the United States. Its Personal Lines segment writes insurance for personal autos, and recreational and other vehicles. This segmentÂ’s products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, mobile homes, watercraft, and snowmobiles. The companyÂ’s Commercial Lines segment provides primary liability, physical damage, and other auto-related insurance for autos, vans, and pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and non-fleet long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; tow trucks and wreckers used in towing services and gas/service station businesses; and non-fleet taxis, black-car services, and airport taxis. Its Property segment provides residential property insurance for homeowners, other property owners, and renters, as well as offers personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; home, condominium, renters, and other insurance; and general liability and business owners policies, and workersÂ’ compensation insurance, as well as sells personal auto physical damage and auto property damage liability insurance in Australia. In addition, it offers reinsurance services. The Progressive Corporation sells its products and services through independent insurance agencies, as well as directly on Internet, and mobile devices, and over the phone. The company was founded in 1937 and is headquartered in Mayfield Village, Ohio.