MET vs PGR
Metlife Inc. and Progressive Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
At a glance
Most recent reported year
| Metric | MET | PGR |
|---|---|---|
| Revenue | $77.1B | $87.7B |
| Net income | $3.4B | $11.3B |
| Gross margin | — | — |
| Net margin | 4.4% | 12.9% |
| Return on equity | 12.1% | 40.4% |
| Diluted EPS | $4.71 | $19.23 |
| Dividend / share | $2.25 | $13.90 |
| Payout ratio | 44.7% | 25.4% |
| Free cash flow | — | $17.2B |
| Equity | $28.4B | $30.3B |
| Net debt / equity | −0.25× | −0.00× |
| Current ratio | — | — |
| Revenue CAGR 5y | 2.6% | 15.5% |
| Profit CAGR 5y | −9.0% | 14.7% |
MET and PGR book revenue within 15% of each other, and PGR keeps more of each dollar of revenue as profit (12.9% against 4.4%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner.
Revenue by year
10 years side by side
| Fiscal year | MET | PGR |
|---|---|---|
| FY2025 | $77.1B | $87.7B |
| FY2024 | $71.0B | $75.4B |
| FY2023 | $66.9B | $62.1B |
| FY2022 | $68.8B | $49.6B |
| FY2021 | $68.7B | $47.7B |
| FY2020 | $67.8B | $42.7B |
| FY2019 | $69.6B | $39.0B |
| FY2018 | $67.9B | $32.0B |
| FY2017 | $62.3B | $26.8B |
| FY2016 | $60.8B | $23.4B |
Net income by year
Bottom line
| Fiscal year | MET | PGR |
|---|---|---|
| FY2025 | $3.4B | $11.3B |
| FY2024 | $4.4B | $8.5B |
| FY2023 | $1.6B | $3.9B |
| FY2022 | $5.3B | $722.0M |
| FY2021 | $6.9B | $3.4B |
| FY2020 | $5.4B | $5.7B |
| FY2019 | $5.9B | $4.0B |
| FY2018 | $5.1B | $2.6B |
| FY2017 | $4.0B | $1.6B |
| FY2016 | $850.0M | $1.0B |