Which has the lower trailing P/E, AJG or NDAQ?

NDAQ has the lower trailing P/E: AJG trades at 39.65 and NDAQ at 27.27. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, AJG or NDAQ?

Over the past five years, AJG grew revenue faster — AJG at a 15.54% CAGR versus NDAQ at 7.96%.

Does AJG or NDAQ pay a bigger dividend?

AJG yields 1.14% and NDAQ yields 1.23% based on trailing dividends and the latest price.

Is AJG or NDAQ more profitable?

NDAQ runs the higher net margin — AJG at 9.96% versus NDAQ at 22.60%.

How have AJG and NDAQ total returns compared?

Over the past 10 years, AJG delivered 19.03% and NDAQ delivered 16.65% annualized total return. Past performance doesn't predict future results.

Arthur J. Gallagher & Co. (AJG) vs Nasdaq, Inc. (NDAQ)

A side-by-side comparison of Arthur J. Gallagher & Co. and Nasdaq, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

AJG

Arthur J. Gallagher & Co.

$61.52B

$239.48Financial ServicesDelayed quote: Sep 18, 2026, 4:00 PM EDT

NDAQ

Nasdaq, Inc.

$52.29B

$93.54Financial ServicesDelayed quote: Sep 18, 2026, 4:00 PM EDT

Total return — AJG vs NDAQ

growth of $100 · dividends reinvested · last 10y

AJG +456.7% (+18.7%/yr)NDAQ +366.5% (+16.6%/yr)AJG compounded faster over this window

AJG NDAQ

AJG vs NDAQ: by the numbers

•AJG is the larger company ($61.52B vs $52.29B market cap).
•NDAQ trades at the lower trailing earnings multiple (27.27 vs 39.65 P/E), one valuation lens rather than an overall verdict.
•NDAQ converts more revenue to profit (22.60% vs 9.96% net margin).
•AJG grew revenue faster over the past five years (15.54% vs 7.96% CAGR).
•NDAQ pays the higher dividend yield (1.23% vs 1.14%).

Metrics side by side

Valuation

Metric	AJG	NDAQ
P/E ratio	39.65	27.27
Forward P/E	18.07	22.65
P/S ratio	3.91	6.01
P/B ratio	2.59	4.36

Profitability

Metric	AJG	NDAQ
Gross margin	54.75%	47.93%
Operating margin	17.03%	31.58%
Net margin	9.96%	22.60%
ROE	6.61%	16.42%

Dividends

Metric	AJG	NDAQ
Dividend yield	1.14%	1.23%
Payout ratio	45.53%	32.65%

Growth (annualized)

Metric	AJG	NDAQ
Revenue CAGR (5Y)	15.54%	7.96%
EPS CAGR (5Y)	6.33%	10.62%
Total return CAGR (5Y)	11.92%	8.36%

Frequently asked

Which has the lower trailing P/E, AJG or NDAQ?: NDAQ has the lower trailing P/E: AJG trades at 39.65 and NDAQ at 27.27. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AJG or NDAQ?: Over the past five years, AJG grew revenue faster — AJG at a 15.54% CAGR versus NDAQ at 7.96%.
Does AJG or NDAQ pay a bigger dividend?: AJG yields 1.14% and NDAQ yields 1.23% based on trailing dividends and the latest price.
Is AJG or NDAQ more profitable?: NDAQ runs the higher net margin — AJG at 9.96% versus NDAQ at 22.60%.
How have AJG and NDAQ total returns compared?: Over the past 10 years, AJG delivered 19.03% and NDAQ delivered 16.65% annualized total return. Past performance doesn't predict future results.

Go deeper

Full AJG analysis Full NDAQ analysis Interactive comparison tool

Dig into the metrics

Arthur J. Gallagher P/E ratio Nasdaq P/E ratio Arthur J. Gallagher dividend yield Nasdaq dividend yield Arthur J. Gallagher ROE Nasdaq ROE Arthur J. Gallagher operating margin Nasdaq operating margin Arthur J. Gallagher revenue growth Nasdaq revenue growth

Arthur J. Gallagher & Nasdaq appear in these rankings

Fastest Revenue Growth Stocks Highest Operating Margin Stocks Highest 10-Year Total Return Stocks

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 13, 2026.