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.
AFL
Aflac Incorporated
$115.28Financial ServicesDelayed quote: Sep 11, 2026, 4:00 PM EDT
AJG
Arthur J. Gallagher & Co.
$240.32Financial ServicesDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — AFL vs AJG
growth of $100 · dividends reinvested · last 10yAFL +300.8% (+14.9%/yr)AJG +469.8% (+19.0%/yr)AJG compounded faster over this window
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
| Metric | AFL | AJG |
|---|---|---|
| P/E ratio | 12.42 | 39.79 |
| Forward P/E | 16.44 | 18.14 |
| P/S ratio | 3.24 | 3.92 |
| P/B ratio | 1.94 | 2.60 |
Profitability
| Metric | AFL | AJG |
|---|---|---|
| Gross margin | 38.93% | 54.75% |
| Operating margin | 32.16% | 17.03% |
| Net margin | 26.88% | 9.96% |
| ROE | 16.04% | 6.61% |
Dividends
| Metric | AFL | AJG |
|---|---|---|
| Dividend yield | 2.11% | 1.13% |
| Payout ratio | 25.97% | 45.53% |
Growth (annualized)
| Metric | AFL | AJG |
|---|---|---|
| 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.
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 growth
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 September 10, 2026.