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 July 28, 2026. Differences are shown without an overall score or investment verdict.
AFL
Aflac Incorporated
$129.55Financial ServicesDelayed quote: Jul 28, 2026, 4:00 PM EDT
AJG
Arthur J. Gallagher & Co.
$265.31Financial ServicesDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — AFL vs AJG
growth of $100 · dividends reinvested · last 30yAFL +5536.2%AJG +7733.2%AJG compounded faster
AFL AJG
AFL vs AJG: by the numbers
- •AJG is the larger company ($68.16B vs $65.94B market cap).
- •AFL trades at the lower trailing earnings multiple (14.45 vs 40.93 P/E), one valuation lens rather than an overall verdict.
- •AFL converts more revenue to profit (25.44% vs 10.76% net margin).
- •AJG grew revenue faster over the past five years (15.44% vs -4.37% CAGR).
- •AFL pays the higher dividend yield (1.88% vs 1.07%).
Metrics side by side
Valuation
| Metric | AFL | AJG |
|---|---|---|
| P/E ratio | 14.45 | 40.93 |
| Forward P/E | 18.03 | 19.16 |
| P/S ratio | 3.58 | 4.40 |
| P/B ratio | 2.17 | 2.77 |
| PEG ratio | 28.89 | 6.47 |
Profitability
| Metric | AFL | AJG |
|---|---|---|
| Gross margin | 38.93% | 54.75% |
| Operating margin | 30.97% | 18.17% |
| Net margin | 25.44% | 10.76% |
| ROE | 15.47% | 6.78% |
| ROIC | 3.37% | 5.25% |
Dividends
| Metric | AFL | AJG |
|---|---|---|
| Dividend yield | 1.88% | 1.07% |
| Payout ratio | 34.69% | 46.31% |
Growth (annualized)
| Metric | AFL | AJG |
|---|---|---|
| Revenue CAGR (5Y) | -4.37% | 15.44% |
| EPS CAGR (5Y) | 0.50% | 6.33% |
| Total return CAGR (5Y) | 21.80% | 14.75% |
Frequently asked
- Which has the lower trailing P/E, AFL or AJG?
- AFL has the lower trailing P/E: AFL trades at 14.45 and AJG at 40.93. 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 -4.37% CAGR versus AJG at 15.44%.
- Does AFL or AJG pay a bigger dividend?
- AFL yields 1.88% and AJG yields 1.07% based on trailing dividends and the latest price.
- Is AFL or AJG more profitable?
- AFL runs the higher net margin — AFL at 25.44% versus AJG at 10.76%.
- How have AFL and AJG total returns compared?
- Over the past 10 years, AFL delivered 16.05% and AJG delivered 19.97% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Aflac P/E ratioArthur J. Gallagher & P/E ratioAflac dividend yieldArthur J. Gallagher & dividend yieldAflac ROEArthur J. Gallagher & ROEAflac operating marginArthur J. Gallagher & operating marginAflac revenue growthArthur J. Gallagher & revenue growthAflac free cash flowArthur J. Gallagher & free cash flow
Aflac & Arthur J. Gallagher & appear in these rankings
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 July 28, 2026.