Arthur J. Gallagher & Co. (AJG) vs The Allstate Corporation (ALL)

A side-by-side comparison of Arthur J. Gallagher & Co. and The Allstate Corporation 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 returnAJG vs ALL

growth of $100 · dividends reinvested · last 10y
AJG +469.8% (+19.0%/yr)ALL +364.7% (+16.6%/yr)AJG compounded faster over this window
200400600800Start $10020182020202220242026$570$465
AJG ALL

AJG vs ALL: by the numbers

  • ALL is the larger company ($65.31B vs $61.74B market cap).
  • ALL trades at the lower trailing earnings multiple (5.07 vs 39.79 P/E), one valuation lens rather than an overall verdict.
  • ALL converts more revenue to profit (19.24% vs 9.96% net margin).
  • AJG grew revenue faster over the past five years (15.54% vs 7.68% CAGR).
  • ALL pays the higher dividend yield (1.68% vs 1.13%).

Metrics side by side

Valuation

MetricAJGALL
P/E ratio39.795.07
Forward P/E18.147.18
P/S ratio3.920.94
P/B ratio2.601.94

Profitability

MetricAJGALL
Gross margin54.75%33.23%
Operating margin17.03%24.83%
Net margin9.96%19.24%
ROE6.61%39.49%

Dividends

MetricAJGALL
Dividend yield1.13%1.68%
Payout ratio45.53%8.47%

Growth (annualized)

MetricAJGALL
Revenue CAGR (5Y)15.54%7.68%
EPS CAGR (5Y)6.33%17.15%
Total return CAGR (5Y)12.20%16.59%

Frequently asked

Which has the lower trailing P/E, AJG or ALL?
ALL has the lower trailing P/E: AJG trades at 39.79 and ALL at 5.07. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AJG or ALL?
Over the past five years, AJG grew revenue faster — AJG at a 15.54% CAGR versus ALL at 7.68%.
Does AJG or ALL pay a bigger dividend?
AJG yields 1.13% and ALL yields 1.68% based on trailing dividends and the latest price.
Is AJG or ALL more profitable?
ALL runs the higher net margin — AJG at 9.96% versus ALL at 19.24%.
How have AJG and ALL total returns compared?
Over the past 10 years, AJG delivered 19.18% and ALL delivered 16.52% 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.