Arthur J. Gallagher & Co. (AJG) vs MSCI Inc. (MSCI)

MSCI leads on 8 of 13 compared metrics.

A side-by-side comparison of Arthur J. Gallagher & Co. and MSCI Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — AJG vs MSCI

growth of $100 · last 19y
AJG +718.5%MSCI +2299.4%MSCI compounded faster
01k2kStart $1002011201520192023$818$2,399
AJG MSCI

AJG vs MSCI: by the numbers

  • AJG is the larger company ($56.19B vs $43.62B market cap).
  • MSCI trades at the lower earnings multiple (34.49 vs 35.33 P/E).
  • MSCI converts more revenue to profit (40.74% vs 10.76% net margin).
  • AJG grew revenue faster over the past five years (15.44% vs 13.02% CAGR).
  • MSCI pays the higher dividend yield (1.29% vs 1.23%).

Which is better, AJG or MSCI?

Metric tally: AJG 5 · MSCI 8

It depends on what you're optimizing for:

ValueMSCI(lower P/E)
GrowthAJG(faster 5Y revenue CAGR)
IncomeMSCI(higher dividend yield)
QualityMSCI(higher ROIC)

Metrics side by side

Valuation

MetricAJGMSCI
P/E ratio35.3334.49
Forward P/E16.4726.61
P/S ratio3.7913.58
P/B ratio2.39
PEG ratio5.583.48

Profitability

MetricAJGMSCI
Gross margin65.99%82.86%
Operating margin18.17%55.36%
Net margin10.76%40.74%
ROE6.78%-45.29%
ROIC5.25%35.34%

Dividends

MetricAJGMSCI
Dividend yield1.23%1.29%
Payout ratio46.31%49.42%

Growth (annualized)

MetricAJGMSCI
Revenue CAGR (5Y)15.44%13.02%
EPS CAGR (5Y)6.33%16.73%
Total return CAGR (5Y)9.76%5.72%

Frequently asked

Which is better, AJG or MSCI?
It depends on your goal. value: MSCI (lower P/E); growth: AJG (faster 5Y revenue CAGR); income: MSCI (higher dividend yield); quality: MSCI (higher ROIC). Across all compared metrics, MSCI leads 8 to 5.
Is AJG or MSCI cheaper?
On trailing earnings, MSCI is cheaper: AJG trades at a 35.33 P/E and MSCI at 34.49.
Which has grown faster, AJG or MSCI?
Over the past five years, AJG grew revenue faster — AJG at a 15.44% CAGR versus MSCI at 13.02%.
Does AJG or MSCI pay a bigger dividend?
AJG yields 1.23% and MSCI yields 1.29% based on trailing dividends and the latest price.
Is AJG or MSCI more profitable?
MSCI runs the higher net margin — AJG at 10.76% versus MSCI at 40.74%.
Which has been the better investment, AJG or MSCI?
Over the past 10-year, MSCI delivered the higher annualized total return — AJG at 18.24% versus MSCI at 24.16%. 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 14, 2026.