Aflac Incorporated (AFL) vs Arthur J. Gallagher & Co. (AJG)

A side-by-side comparison of Aflac Incorporated and Arthur J. Gallagher & Co. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAFL vs AJG

growth of $100 · dividends reinvested · last 10y
AFL +300.8% (+14.9%/yr)AJG +469.8% (+19.0%/yr)AJG compounded faster over this window
200400600800Start $10020182020202220242026$401$570
AFL AJG

AFL vs AJG: by the numbers

  • AJG is the larger company ($61.74B vs $58.68B market cap).
  • AFL trades at the lower trailing earnings multiple (12.42 vs 39.79 P/E), one valuation lens rather than an overall verdict.
  • AFL converts more revenue to profit (26.88% vs 9.96% net margin).
  • AJG grew revenue faster over the past five years (15.54% vs -4.64% CAGR).
  • AFL pays the higher dividend yield (2.11% vs 1.13%).

Metrics side by side

Valuation

MetricAFLAJG
P/E ratio12.4239.79
Forward P/E16.4418.14
P/S ratio3.243.92
P/B ratio1.942.60

Profitability

MetricAFLAJG
Gross margin38.93%54.75%
Operating margin32.16%17.03%
Net margin26.88%9.96%
ROE16.04%6.61%

Dividends

MetricAFLAJG
Dividend yield2.11%1.13%
Payout ratio25.97%45.53%

Growth (annualized)

MetricAFLAJG
Revenue CAGR (5Y)-4.64%15.54%
EPS CAGR (5Y)0.50%6.33%
Total return CAGR (5Y)18.59%12.20%

Frequently asked

Which has the lower trailing P/E, AFL or AJG?
AFL has the lower trailing P/E: AFL trades at 12.42 and AJG at 39.79. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AFL or AJG?
Over the past five years, AJG grew revenue faster — AFL at a -4.64% CAGR versus AJG at 15.54%.
Does AFL or AJG pay a bigger dividend?
AFL yields 2.11% and AJG yields 1.13% based on trailing dividends and the latest price.
Is AFL or AJG more profitable?
AFL runs the higher net margin — AFL at 26.88% versus AJG at 9.96%.
How have AFL and AJG total returns compared?
Over the past 10 years, AFL delivered 14.83% and AJG delivered 19.18% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 10, 2026.