VOL. XCIV, NO. 247

★ WIDE MOAT STOCKS COMPARISON ★

NO ADVICE

Wednesday, January 7, 2026

Stock Comparison

The Progressive Corporation vs Rockwell Automation, Inc.

Compare moat strength, market structure, and segment coverage to understand how each company defends its edge.

The Progressive Corporation

PGR · New York Stock Exchange

Market cap (USD)$124.8B
Gross margin (TTM)26.3%
Operating margin (TTM)15.9%
Net margin (TTM)12.6%
SectorFinancials
IndustryInsurance - Property & Casualty
CountryUS
Data as of2026-01-04
Moat score
75/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into The Progressive Corporation's moat claims, evidence, and risks.

View PGR analysis

Rockwell Automation, Inc.

ROK · New York Stock Exchange

Market cap (USD)$45.4B
Gross margin (TTM)48%
Operating margin (TTM)18.4%
Net margin (TTM)10.4%
SectorIndustrials
IndustryIndustrial - Machinery
CountryUS
Data as of2025-12-31
Moat score
65/ 100

Weighted average of segment moat scores, combining moat strength, durability, confidence, market structure, pricing power, and market share.

Full stock profile

Dive deeper into Rockwell Automation, Inc.'s moat claims, evidence, and risks.

View ROK analysis

Comparison highlights

  • Moat score gap: The Progressive Corporation leads (75 / 100 vs 65 / 100 for Rockwell Automation, Inc.).
  • Segment focus: The Progressive Corporation has 2 segments (85% in Personal Lines); Rockwell Automation, Inc. has 3 segments (45% in Intelligent Devices).
  • Moat breadth: The Progressive Corporation has 5 moat types across 2 domains; Rockwell Automation, Inc. has 8 across 3.

Primary market context

The Progressive Corporation

Personal Lines

Market

U.S. private passenger auto insurance (dominant) plus specialty personal lines and homeowners/renters (small portion)

Geography

United States

Customer

Individuals/households

Role

Primary insurer (P&C)

Revenue share

85%

Rockwell Automation, Inc.

Intelligent Devices

Market

Industrial automation hardware (drives, motion, safety/sensing, industrial components, micro PLCs & distributed I/O)

Geography

Global

Customer

Industrial OEMs/machine builders and end-user manufacturers (often via distributors)

Role

Automation equipment supplier (hardware OEM)

Revenue share

45%

Side-by-side metrics

The Progressive Corporation
Rockwell Automation, Inc.
Ticker / Exchange
PGR - New York Stock Exchange
ROK - New York Stock Exchange
Market cap (USD)
$124.8B
$45.4B
Gross margin (TTM)
26.3%
48%
Operating margin (TTM)
15.9%
18.4%
Net margin (TTM)
12.6%
10.4%
Sector
Financials
Industrials
Industry
Insurance - Property & Casualty
Industrial - Machinery
HQ country
US
US
Primary segment
Personal Lines
Intelligent Devices
Market structure
Oligopoly
Oligopoly
Market share
16.7% (reported)
n/a
HHI estimate
n/a
n/a
Pricing power
Moderate
Moderate
Moat score
75 / 100
65 / 100
Moat domains
Supply, Demand
Demand, Network, Supply
Last update
2026-01-04
2025-12-31

Moat coverage

Shared moat types

Brand TrustService Field NetworkSuite Bundling

The Progressive Corporation strengths

Learning Curve YieldOperational Excellence

Rockwell Automation, Inc. strengths

Switching Costs GeneralEcosystem ComplementsTraining Org Change CostsData Workflow LockinProcurement Inertia

Segment mix

The Progressive Corporation segments

Full profile >

Personal Lines

Oligopoly

85%

Commercial Lines

Competitive

15%

Rockwell Automation, Inc. segments

Full profile >

Intelligent Devices

Oligopoly

45%

Software & Control

Oligopoly

28.6%

Lifecycle Services

Competitive

26.4%

Want the full wide moat stocks list?

Browse the full ranking of wide moat stocks, updated with moat scores and segment context.

View the moat stocks list

Looking for expansion-stage stocks?

Proven models entering the expansion stage with unit economics that work.

View expansion-stage stocks

Curation & Accuracy

This directory blends AI‑assisted discovery with human curation. Entries are reviewed, edited, and organized with the goal of expanding coverage and sharpening quality over time. Your feedback helps steer improvements (because no single human can capture everything all at once).

Details change. Pricing, features, and availability may be incomplete or out of date. Treat listings as a starting point and verify on the provider’s site before making decisions. If you spot an error or a gap, send a quick note and I’ll adjust.