Stocks Comparison
American Express vs Progressive: revenue, profit, margins and growth compared
American Express brought in $72.2B of revenue in fiscal 2025, Progressive $87.7B in fiscal 2025. Revenue changed by +9.5% at American Express and +16.3% at Progressive on the year before, so Progressive grew faster. American Express kept 15.0% of its revenue as net profit, Progressive 12.9%. Free cash flow was $16B at American Express and $17.2B at Progressive.
Side by side, latest fiscal year
| AXP | PGR | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $72.2B | $87.7B |
| Revenue growth | +9.5% | +16.3% |
| Net income | $10.8B | $11.3B |
| Net margin | 15.0% | 12.9% |
| Free cash flow | $16B | $17.2B |
| Free cash flow margin | 22.2% | 19.6% |
| Earnings per share (diluted) | $15.38 | $19.23 |
| Cash | $47.8B | $138M |
| Debt | $56.4B | $0 |
| Price to earnings | 20.1 | 10.7 |
| Market value | $208.6B | $119.5B |
| Dividend yield | 1.06% | 6.76% |
| Rank by revenue in sector | #8 of 444 · Finance | #5 of 444 · Finance |
Over the years
Questions about American Express and Progressive
Which is bigger by revenue, American Express or Progressive?
Progressive is bigger by revenue: $87.7B in fiscal 2025, against $72.2B for American Express in fiscal 2025.
Which keeps more of its revenue as profit, American Express or Progressive?
American Express had a net margin of 15.0% in fiscal 2025; Progressive had 12.9% in fiscal 2025.
Which grew revenue faster, American Express or Progressive?
In their latest fiscal years revenue changed by +9.5% at American Express and +16.3% at Progressive.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.