ACGL vs PGR
Arch Capital (ACGL) and Progressive (PGR) compared side by side. Progressive (PGR) is larger, with a market cap of $132.2B versus $34.7B for Arch Capital, about 3.8 times the size. On trailing earnings, ACGL is cheaper at 8.0x versus 11.5x for PGR.
Head to head
| Metric | ACGL | PGR |
|---|---|---|
| Market cap | $34.7B | $132.2B |
| P/E (TTM) | 8.0x | 11.5x |
| Forward P/E | 10.4x | 14.0x |
| Revenue (TTM) | $19.2B | $91.7B |
| Revenue growth | -10.5% | 3.0% |
| Gross margin | 38.8% | 17.3% |
| Operating margin | 26.6% | 14.3% |
| Free cash flow | $6.1B | $16.0B |
| Dividend yield | None | 0.18% |
| 1-year return | +16.3% | +10.1% |
| 5-year return (annual) | +19.9% | +21.7% |
| Max drawdown | -55% | -71% |
| FI Handbook grade | B | C |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
ACGL vs PGR FAQ
Which is bigger, ACGL or PGR?
Progressive (PGR) is larger, with a market cap of $132.2B versus $34.7B for Arch Capital, about 3.8 times the size.
Is ACGL or PGR cheaper?
On trailing earnings, ACGL is cheaper at 8.0x versus 11.5x for PGR. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, ACGL or PGR?
ACGL returned +16.3% over the past year including dividends, versus +10.1% for PGR, through October 23, 2026.
Which pays a higher dividend, ACGL or PGR?
PGR yields 0.18%; ACGL does not pay a dividend.
Full pages: Arch Capital · Progressive