Compare Stocks › BRK-B vs PGR
Berkshire Hathaway Inc. (BRK-B) vs The Progressive Corporation (PGR)
BRK-B
Berkshire Hathaway Inc.
$473.01
VS
PGR
The Progressive Corporation
$199.31
Rewards
BRK-B
- ★Each dollar of retained earnings has created $3.95 of earning power — management is an exceptional capital allocator.
- ★PEG ratio of 0.13 suggests the stock is undervalued relative to its growth rate — paying less than 1x for each unit of earnings growth.
- ★Net debt/EBITDA of -2.3x means the company holds more cash than debt — a net cash position.
PGR
- ★The Progressive Corporation scores 99/100 on the Economic Moat Score (Wide Moat), with revenue predictability as the strongest competitive dimension.
- ★Free cash flow has grown at a 37.9% CAGR over the past 4 years, demonstrating strong earnings power growth.
- ★Each dollar of retained earnings has created $5.92 of earning power — management is an exceptional capital allocator.
Risks
BRK-B
- ⚠FCF yield of 6.0% suggests reasonable valuation assuming continued moderate growth.
- ⚠Trailing P/E of 15.2x is 72% above the historical average of 8.9x — the stock trades at a premium to its own history.
PGR
- ⚠Gross margin of 18.6% is low, suggesting a competitive or commodity-like market with limited pricing power.
- ⚠Despite buyback spending, shares outstanding increased in 4 out of 4 years — stock-based compensation is offsetting repurchases.
- ⚠6 insider sales totaling $1.6M with no purchases in the past 3 months — insiders are reducing their exposure.
Key Valuation Metrics
Learn more →BRK-B
PGR
Valuation
$61.23B
Free Cash Flow
N/A
6.00%
FCF Yield
N/A
15.24
Trailing P/E
10.14
21.95
Forward P/E
12.35
Quality & Moat
4.96%
ROIC
28.64%
9.18%
ROE
35.29%
27.78%
Gross Margin
18.56%
0.13
PEG Ratio
1.04
Balance Sheet Safety
0.18
Debt / Equity
0.26
N/A
Interest Coverage
N/A
-2.28
Net Debt / EBITDA
0.41
N/A
Dividend Yield
6.97%
BRK-B: 4Ties: 1PGR: 4
BRK-BPGR
Historical Fundamentals
Learn more →BRK-B
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
PGR
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.
$1 Retained Earnings Test
Learn more →BRK-B
$1.66
created per $1 retained over 3 years
Value Creator
Σ Retained
$252.19B
Δ Market Cap
+$417.89B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
PGR
$2.90
created per $1 retained over 3 years
Exceptional Value Creator
Σ Retained
$19.86B
Δ Market Cap
+$57.60B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
Discounted Cash Flow (DCF) Analysis
Learn more →BRK-B
31.0% Margin of Safety
Price is 31.0% below estimated fair value
Current Price: $473.01
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Fair Value: $685.41
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
PGR
30.2% Margin of Safety
Price is 30.2% below estimated fair value
Current Price: $199.31
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Fair Value: $285.51
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Reverse DCF — Market-Implied Growth
Learn more →BRK-B
What growth rate is the market pricing in at $473?
-0.3%
Market-Implied Owner Earnings Growth
Standard FCF implies +1.0%
The market implies -0.3% Owner Earnings growth, above historical trends.
Standard FCF implies a demanding +1.0%, reflecting heavy growth investment.
PGR
Requires positive FCF to compute implied growth rate.
Economic Moat Score
Learn more →BRK-B
40/100
Narrow Moat
70+ Wide · 40-69 Narrow · <40 None
Narrow moat with reinvestment efficiency as the key competitive advantage. Improving revenue predictability would strengthen the moat.
Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 5 years of fundamental data.
PGR
99/100
Wide Moat
70+ Wide · 40-69 Narrow · <40 None
Wide moat driven primarily by revenue predictability. Margin Stability is the area most vulnerable to competitive pressure.
Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 5 years of fundamental data.
Forensic Accounting
Learn more →BRK-B
-2.41
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone
M-Score Trend
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
PGR
-2.65
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone
M-Score Trend
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
Ownership Breakdown
Learn more →BRK-B
Insiders 0.3%Institutions 66.2%Retail & Other 33.6%
No. of Institutional Holders5,818
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
PGR
Insiders 0.2%Institutions 88.8%Retail & Other 10.9%
No. of Institutional Holders2,414
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
High insider ownership aligns management incentives with shareholders. Institutional concentration can indicate smart-money conviction but also crowding risk.
Insider Buying Activity
Learn more →BRK-B
0
Buys (3M)
0
Buys (12M)
No open market insider purchases found.
Open market purchases · includes direct & indirect ownership · excludes option exercises
PGR
0
Buys (3M)
0
Buys (12M)
No open market insider purchases found.
Open market purchases · includes direct & indirect ownership · excludes option exercises
Open market purchases · includes direct & indirect ownership · excludes option exercises.
Insider Selling Activity
Learn more →BRK-B
0
Sells (3M)
0
Sells (12M)
No open market insider sales found.
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
PGR
6
Sells (3M)
35
Sells (12M)
Total value (12M): $45.42M
JOHNSON DEVIN C
Director
$199,038
@ $203.10 · 2026-04-16
JOYCE CARL G.
Officer
$55,754
@ $206.50 · 2026-03-20
BAILO KAREN
Officer
$745,604
@ $212.00 · 2026-03-05
JOYCE CARL G.
Officer
$29,892
@ $212.00 · 2026-03-05
PUMAREJO MARIBEL
Officer
$150,138
@ $203.44 · 2026-02-24
BAUER JONATHAN S
Chief Investment Officer
$460,111
@ $203.05 · 2026-02-23
QUIGG ANDREW J
Officer
$336,973
@ $204.35 · 2026-01-21
BAUER JONATHAN S
Chief Investment Officer
$634,507
@ $204.35 · 2026-01-21
BROZ STEVEN
Chief Technology Officer
$302,131
@ $224.80 · 2025-12-19
SAUERLAND JOHN PETER
Chief Financial Officer
$1.14M
@ $228.48 · 2025-11-28
BROZ STEVEN
Chief Technology Officer
$307,050
@ $228.29 · 2025-11-21
BROZ STEVEN
Chief Technology Officer
$295,900
@ $220.00 · 2025-11-11
BROZ STEVEN
Chief Technology Officer
$325,624
@ $242.10 · 2025-09-19
CALLAHAN PATRICK KEVIN
Officer
$1.56M
@ $242.22 · 2025-09-19
MURPHY JOHN JOSEPH
Officer
$536,978
@ $242.10 · 2025-09-19
GRIFFITH SUSAN PATRICIA
Chief Executive Officer
$7.54M
@ $246.06 · 2025-09-02
BROZ STEVEN
Chief Technology Officer
$337,299
@ $250.78 · 2025-08-22
CALLAHAN PATRICK KEVIN
Officer
$1.56M
@ $249.96 · 2025-08-22
MURPHY JOHN JOSEPH
Officer
$556,230
@ $250.78 · 2025-08-22
NIEDERST LORI A
Officer
$2.02M
@ $250.18 · 2025-08-14
BAILO KAREN
Officer
$2.22M
@ $249.24 · 2025-07-28
QUIGG ANDREW J
Officer
$795,325
@ $249.24 · 2025-07-28
BAUER JONATHAN S
Chief Investment Officer
$595,933
@ $249.24 · 2025-07-28
SAUERLAND JOHN PETER
Chief Financial Officer
$4.15M
@ $249.24 · 2025-07-28
CALLAHAN PATRICK KEVIN
Officer
$1.51M
@ $242.16 · 2025-07-28
GRIFFITH SUSAN PATRICIA
Chief Executive Officer
$7.42M
@ $242.12 · 2025-07-28
MURPHY JOHN JOSEPH
President
$552,814
@ $249.24 · 2025-07-28
BROZ STEVEN
Chief Technology Officer
$313,633
@ $247.54 · 2025-07-18
SAUERLAND JOHN PETER
Chief Financial Officer
$2.64M
@ $263.79 · 2025-06-30
BROZ STEVEN
Chief Technology Officer
$329,901
@ $260.38 · 2025-06-20
BURGDOERFER STUART B
Director
$958,643
@ $260.43 · 2025-06-20
MURPHY JOHN JOSEPH
Officer
$1.04M
@ $260.38 · 2025-06-20
SAUERLAND JOHN PETER
Chief Financial Officer
$2.75M
@ $275.37 · 2025-05-28
BROZ STEVEN
Chief Technology Officer
$351,985
@ $277.81 · 2025-05-23
VAN DYKE KAHINA
Director
$691,398
@ $277.67 · 2025-05-22
SAUERLAND JOHN PETER
Chief Financial Officer
$2.69M
@ $268.59 · 2025-04-28
SAUERLAND JOHN PETER
Chief Financial Officer
$2.76M
@ $275.94 · 2025-03-28
JOHNSON DEVIN C
Director
$110,016
@ $275.04 · 2025-03-25
JOYCE CARL G.
Officer
$99,420
@ $276.17 · 2025-03-21
BAUER JONATHAN S
Chief Investment Officer
$479,391
@ $282.66 · 2025-03-17
SAUERLAND JOHN PETER
Chief Financial Officer
$435,862
@ $282.66 · 2025-03-17
BAUER JONATHAN S
Chief Investment Officer
$344,787
@ $281.00 · 2025-03-06
CALLAHAN PATRICK KEVIN
Officer
$1.31M
@ $279.70 · 2025-03-06
SAUERLAND JOHN PETER
Chief Financial Officer
$2.80M
@ $279.94 · 2025-02-28
NIEDERST LORI A
Officer
$952,416
@ $247.06 · 2025-01-30
KELLY JEFFREY D
Director
$2.50M
@ $250.00 · 2025-01-29
SAUERLAND JOHN PETER
Chief Financial Officer
$2.47M
@ $246.69 · 2025-01-28
BAILO KAREN
Officer
$515,775
@ $243.29 · 2025-01-22
QUIGG ANDREW J
Officer
$234,045
@ $243.29 · 2025-01-22
MARSHALL MARIANN WOJTKUN
Officer
$142,325
@ $243.29 · 2025-01-22
GRIFFITH SUSAN PATRICIA
Chief Executive Officer
$2.68M
@ $243.29 · 2025-01-22
MURPHY JOHN JOSEPH
Officer
$553,485
@ $243.29 · 2025-01-22
BAILO KAREN
Officer
$348,140
@ $242.10 · 2025-01-03
QUIGG ANDREW J
Officer
$164,870
@ $242.10 · 2025-01-03
MARSHALL MARIANN WOJTKUN
Officer
$46,241
@ $242.10 · 2025-01-03
GRIFFITH SUSAN PATRICIA
Chief Executive Officer
$2.19M
@ $242.10 · 2025-01-03
MURPHY JOHN JOSEPH
President
$402,612
@ $242.10 · 2025-01-03
SAUERLAND JOHN PETER
Chief Financial Officer
$2.39M
@ $238.66 · 2024-12-30
SAUERLAND JOHN PETER
Chief Financial Officer
$2.68M
@ $268.09 · 2024-11-29
BROZ STEVEN
Chief Technology Officer
$748,678
@ $251.15 · 2024-10-21
VAN DYKE KAHINA
Director
$549,970
@ $252.28 · 2024-09-27
BROZ STEVEN
Chief Technology Officer
$775,320
@ $260.00 · 2024-09-23
CALLAHAN PATRICK KEVIN
Officer
$1.96M
@ $255.21 · 2024-09-20
GRIFFITH SUSAN PATRICIA
Chief Executive Officer
$10.94M
@ $252.20 · 2024-09-03
BROZ STEVEN
Chief Technology Officer
$1.44M
@ $235.19 · 2024-08-19
CALLAHAN PATRICK KEVIN
Officer
$1.83M
@ $237.20 · 2024-08-16
MURPHY JOHN JOSEPH
Officer
$2.26M
@ $237.50 · 2024-08-15
BAILO KAREN
Officer
$1.69M
@ $214.01 · 2024-07-22
BROZ STEVEN
Chief Technology Officer
$652,730
@ $214.01 · 2024-07-22
NIEDERST LORI A
Officer
$2.03M
@ $214.01 · 2024-07-22
QUIGG ANDREW J
Officer
$850,690
@ $214.01 · 2024-07-22
BAUER JONATHAN S
Chief Investment Officer
$527,963
@ $214.01 · 2024-07-22
SAUERLAND JOHN PETER
Chief Financial Officer
$4.86M
@ $214.01 · 2024-07-22
CALLAHAN PATRICK KEVIN
Officer
$1.70M
@ $214.01 · 2024-07-22
GRIFFITH SUSAN PATRICIA
Chief Executive Officer
$9.28M
@ $214.01 · 2024-07-22
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives.
🎭 Mr. Market's Mood
Learn more →BRK-B
😐Neutral(52/100)
"Market is pricing this stock without strong emotion in either direction"
Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
PGR
😐Neutral(42/100)
"Market is pricing this stock without strong emotion in either direction"
Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
Composite sentiment score based on market signals. Inspired by Buffett’s "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
⚖️ Buffett Signal
Learn more →BRK-B
⚪Awaiting DCF Data
The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.
DCF Margin of Safety: N/AMr. Market's Mood: Neutral (52)
PGR
⚪Awaiting DCF Data
The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.
DCF Margin of Safety: N/AMr. Market's Mood: Neutral (42)