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

NDAQ leads on 7 of 12 compared metrics.

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 June 16, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — AJG vs NDAQ

growth of $100 · last 24y
AJG +525.8%NDAQ +1685.8%NDAQ compounded faster
05001k2k2kStart $100200620102014201820222026$626$1,786
AJG NDAQ

AJG vs NDAQ: by the numbers

  • AJG is the larger company ($55.63B vs $50.50B market cap).
  • NDAQ trades at the lower earnings multiple (26.89 vs 34.85 P/E).
  • NDAQ converts more revenue to profit (23.15% vs 10.76% net margin).
  • AJG grew revenue faster over the past five years (15.44% vs 6.89% CAGR).
  • NDAQ pays the higher dividend yield (1.25% vs 1.25%).

Which is better, AJG or NDAQ?

Metric tally: AJG 5 · NDAQ 7

It depends on what you're optimizing for:

ValueNDAQ(lower P/E)
GrowthAJG(faster 5Y revenue CAGR)
QualityNDAQ(higher ROIC)

Metrics side by side

Valuation

MetricAJGNDAQ
P/E ratio34.8526.89
Forward P/E16.2520.07
P/S ratio3.746.18
P/B ratio2.364.24
PEG ratio5.510.51

Profitability

MetricAJGNDAQ
Gross margin65.99%54.81%
Operating margin18.17%29.53%
Net margin10.76%23.15%
ROE6.78%15.90%
ROIC5.25%8.26%

Dividends

MetricAJGNDAQ
Dividend yield1.25%1.25%
Payout ratio46.31%35.78%

Growth (annualized)

MetricAJGNDAQ
Revenue CAGR (5Y)15.44%6.89%
EPS CAGR (5Y)6.33%10.62%
Total return CAGR (5Y)10.01%10.08%

Frequently asked

Which is better, AJG or NDAQ?
It depends on your goal. value: NDAQ (lower P/E); growth: AJG (faster 5Y revenue CAGR); quality: NDAQ (higher ROIC). Across all compared metrics, NDAQ leads 7 to 5.
Is AJG or NDAQ cheaper?
On trailing earnings, NDAQ is cheaper: AJG trades at a 34.85 P/E and NDAQ at 26.89.
Which has grown faster, AJG or NDAQ?
Over the past five years, AJG grew revenue faster — AJG at a 15.44% CAGR versus NDAQ at 6.89%.
Does AJG or NDAQ pay a bigger dividend?
AJG yields 1.25% and NDAQ yields 1.25% based on trailing dividends and the latest price.
Is AJG or NDAQ more profitable?
NDAQ runs the higher net margin — AJG at 10.76% versus NDAQ at 23.15%.
Which has been the better investment, AJG or NDAQ?
Over the past 10-year, AJG delivered the higher annualized total return — AJG at 18.51% versus NDAQ at 17.09%. 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 16, 2026.