Alcon AG vs Progressive Corp — how do they compare? Alcon AG trades at $74.19 (market cap $36.44B), while Progressive Corp trades at $211.51 (market cap $123.45B). The key difference: Progressive Corp is far larger — about 3.4× Alcon AG's market cap, and Progressive Corp pays the higher dividend (6.55%). Which is the better fit depends on your goals.
| ALC | PGR | |
|---|---|---|
Market Cap | $36.44B | $123.45B |
Sector | Health | Financials |
52-Week High | $90.12 | $252.68 |
52-Week Low | $62.02 | $190.40 |
Enterprise Value | $40.28B | $131.66B |
Dividend Yield | 0.48% | 6.55% |
Trailing returns across standard periods
Alcon, headquartered in Fort Worth, Texas, is the global eyecare leader with a diverse portfolio in ophthalmology including contact lenses, eye drops, surgical equipment, and related surgical products. Novartis purchased Alcon from Nestle in 2010 and, following nine years as a Novartis subsidiary, the company was spun off as a public company in April 2019. The company reports five distinct segments: implantables (16% of revenue), consumables (31%), equipment (9%), contact lenses (27%), and ocular health (17%). The company is geographically diversified, with only about 40% of revenue from the U.S. market, and the firm has a strong presence in the European Union and Japan.
Read more on ALC →Progressive underwrites private and commercial auto insurance and specialty lines
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