Hartford vs Progressive
Progressive reported revenue of $87.7 billion in fiscal 2025, 3.1 times Hartford's $28.4 billion in fiscal 2025. Hartford's revenue grew 6.9% in its latest year, and Progressive's grew 16.3%. Free cash flow was $5.8 billion at Hartford and $17.2 billion at Progressive.
Side by side
| Hartford | Progressive | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $28.4B | $87.7B |
| Revenue growth | 6.9% | 16.3% |
| Revenue growth a year, last 5 years | 6.7% | 15.5% |
| Gross margin | — | — |
| Operating margin | — | — |
| Net margin | 13.5% | 12.9% |
| Free cash flow | $5.8B | $17.2B |
| Free cash flow margin | 20.3% | 19.6% |
| Return on capital | 22.6% | 39.2% |
| Net debt to EBITDA | −0.0x | −0.2x |
| Dividends and buybacks | $2.2B | $2.9B |
| Change in diluted share count | −4.0% | 0.1% |
| Last close | $135.94 | $229.25 |
| P/E at the last close | 8.2× | 11.5× |
| Insider trades, last 12 months | sold $57.4 million | sold $31.3 million |
| Piotroski F-score | — | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
HartfordProgressive
Operating margin
Percent of revenue
HartfordProgressive
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
HartfordProgressive
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Hartford and Progressive pages.