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Chubb vs Progressive: revenue, profit, margins and growth compared

Chubb brought in $59.4B of revenue in fiscal 2025, Progressive $87.7B in fiscal 2025. Revenue changed by +6.5% at Chubb and +16.3% at Progressive on the year before, so Progressive grew faster. Chubb kept 17.4% of its revenue as net profit, Progressive 12.9%.

Side by side, latest fiscal year

CBPGR
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$59.4B$87.7B
Revenue growth+6.5%+16.3%
Net income$10.3B$11.3B
Net margin17.4%12.9%
Free cash flown/a$17.2B
Free cash flow marginn/a19.6%
Earnings per share (diluted)$25.68$19.23
Cash$2.5B$138M
Debt$15.7B$0
Price to earnings13.010.7
Market value$128.6B$119.5B
Dividend yield1.15%6.76%
Rank by revenue in sector#13 of 444 · Finance#5 of 444 · Finance

Over the years

Revenue
CB FY2018: $32.7BCB FY2019: $34.2BCB FY2020: $36BCB FY2021: $40.9BCB FY2022: $43.1BCB FY2023: $49.7BCB FY2024: $55.8BCB FY2025: $59.4BPGR FY2018: $32BPGR FY2019: $39BPGR FY2020: $42.7BPGR FY2021: $47.7BPGR FY2022: $49.6BPGR FY2023: $62.1BPGR FY2024: $75.4BPGR FY2025: $87.7BFY18FY19FY20FY21FY22FY23FY24FY25
CB $59.4BPGR $87.7B
Net income
CB FY2018: $4BCB FY2019: $4.5BCB FY2020: $3.5BCB FY2021: $8.5BCB FY2022: $5.2BCB FY2023: $9BCB FY2024: $9.3BCB FY2025: $10.3BPGR FY2018: $2.6BPGR FY2019: $4BPGR FY2020: $5.7BPGR FY2021: $3.4BPGR FY2022: $722MPGR FY2023: $3.9BPGR FY2024: $8.5BPGR FY2025: $11.3BFY18FY19FY20FY21FY22FY23FY24FY25
CB $10.3BPGR $11.3B
Net margin
CB FY2018: 12.1%CB FY2019: 13.0%CB FY2020: 9.8%CB FY2021: 20.9%CB FY2022: 12.2%CB FY2023: 18.2%CB FY2024: 16.6%CB FY2025: 17.4%PGR FY2018: 8.2%PGR FY2019: 10.2%PGR FY2020: 13.4%PGR FY2021: 7.0%PGR FY2022: 1.5%PGR FY2023: 6.3%PGR FY2024: 11.3%PGR FY2025: 12.9%FY18FY19FY20FY21FY22FY23FY24FY25
CB 17.4%PGR 12.9%
Revenue growth
CB FY2019: +4.5%CB FY2020: +5.3%CB FY2021: +13.5%CB FY2022: +5.5%CB FY2023: +15.4%CB FY2024: +12.1%CB FY2025: +6.5%PGR FY2019: +22.0%PGR FY2020: +9.3%PGR FY2021: +11.8%PGR FY2022: +4.0%PGR FY2023: +25.2%PGR FY2024: +21.4%PGR FY2025: +16.3%FY19FY20FY21FY22FY23FY24FY25
CB +6.5%PGR +16.3%
Free cash flow
PGR FY2018: $6BPGR FY2019: $5.9BPGR FY2020: $6.7BPGR FY2021: $7.5BPGR FY2022: $6.6BPGR FY2023: $10.4BPGR FY2024: $14.8BPGR FY2025: $17.2BFY18FY19FY20FY21FY22FY23FY24FY25
CBPGR $17.2B

Fiscal years as each company reports them; the two may end in different months.

Questions about Chubb and Progressive

Which is bigger by revenue, Chubb or Progressive?

Progressive is bigger by revenue: $87.7B in fiscal 2025, against $59.4B for Chubb in fiscal 2025.

Which keeps more of its revenue as profit, Chubb or Progressive?

Chubb had a net margin of 17.4% in fiscal 2025; Progressive had 12.9% in fiscal 2025.

Which grew revenue faster, Chubb or Progressive?

In their latest fiscal years revenue changed by +6.5% at Chubb 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.

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