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

ALL leads on 15 of 17 compared metrics.

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 June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — AJG vs ALL

growth of $100 · last 30y
AJG +2570.2%ALL +919.0%AJG compounded faster
01k2k3k4kStart $100200120062011201620212026$2,670$1,019
AJG ALL

AJG vs ALL: by the numbers

  • ALL is the larger company ($57.05B vs $56.19B market cap).
  • ALL trades at the lower earnings multiple (4.89 vs 35.33 P/E).
  • ALL converts more revenue to profit (18.09% vs 10.76% net margin).
  • AJG grew revenue faster over the past five years (15.44% vs 8.07% CAGR).
  • ALL pays the higher dividend yield (1.88% vs 1.23%).

Which is better, AJG or ALL?

Metric tally: AJG 2 · ALL 15

It depends on what you're optimizing for:

ValueALL(lower P/E)
GrowthAJG(faster 5Y revenue CAGR)
IncomeALL(higher dividend yield)
QualityALL(higher ROIC)

Valuation

MetricAJGALL
P/E ratio35.334.89
Forward P/E16.467.46
P/S ratio3.790.87
P/B ratio2.391.84
PEG ratio5.580.04
EV / EBITDA14.443.97
FCF yield3.28%19.80%

Profitability

MetricAJGALL
Gross margin65.99%39.83%
Operating margin18.17%23.30%
Net margin10.76%18.09%
ROE6.78%38.43%
ROIC5.25%20.79%

Dividends

MetricAJGALL
Dividend yield1.23%1.88%
Payout ratio46.31%10.75%

Growth (annualized)

MetricAJGALL
Revenue CAGR (5Y)15.44%8.07%
EPS CAGR (5Y)6.33%17.15%
FCF CAGR (5Y)0.32%15.76%
Total return CAGR (5Y)9.76%13.65%

Frequently asked

Which is better, AJG or ALL?
It depends on your goal. value: ALL (lower P/E); growth: AJG (faster 5Y revenue CAGR); income: ALL (higher dividend yield); quality: ALL (higher ROIC). Across all compared metrics, ALL leads 15 to 2.
Is AJG or ALL cheaper?
On trailing earnings, ALL is cheaper: AJG trades at a 35.33 P/E and ALL at 4.89.
Which has grown faster, AJG or ALL?
Over the past five years, AJG grew revenue faster — AJG at a 15.44% CAGR versus ALL at 8.07%.
Does AJG or ALL pay a bigger dividend?
AJG yields 1.23% and ALL yields 1.88% based on trailing dividends and the latest price.
Is AJG or ALL more profitable?
ALL runs the higher net margin — AJG at 10.76% versus ALL at 18.09%.
Which has been the better investment, AJG or ALL?
Over the past 10-year, AJG delivered the higher annualized total return — AJG at 18.24% versus ALL at 15.13%. 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 June 13, 2026.