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 July 31, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAJG vs NDAQ

growth of $100 · dividends reinvested · last 24y
AJG +1388.0%NDAQ +2276.1%NDAQ compounded faster
05001k2k2k3kStart $100200620102014201820222026$1,488$2,376
AJG NDAQ

AJG vs NDAQ: by the numbers

  • AJG is the larger company ($64.08B vs $52.65B market cap).
  • NDAQ trades at the lower trailing earnings multiple (27.46 vs 40.29 P/E), one valuation lens rather than an overall verdict.
  • NDAQ converts more revenue to profit (22.60% vs 10.76% net margin).
  • AJG grew revenue faster over the past five years (15.44% vs 7.96% CAGR).
  • NDAQ pays the higher dividend yield (1.19% vs 1.08%).

Metrics side by side

Valuation

MetricAJGNDAQ
P/E ratio40.2927.46
Forward P/E18.8522.86
P/S ratio4.336.14
P/B ratio2.944.46
PEG ratio6.370.51

Profitability

MetricAJGNDAQ
Gross margin54.75%47.93%
Operating margin18.17%31.58%
Net margin10.76%22.60%
ROE6.79%16.42%
ROIC5.25%8.26%

Dividends

MetricAJGNDAQ
Dividend yield1.08%1.19%
Payout ratio46.31%35.78%

Growth (annualized)

MetricAJGNDAQ
Revenue CAGR (5Y)15.44%7.96%
EPS CAGR (5Y)6.33%10.62%
Total return CAGR (5Y)13.53%10.12%

Frequently asked

Which has the lower trailing P/E, AJG or NDAQ?
NDAQ has the lower trailing P/E: AJG trades at 40.29 and NDAQ at 27.46. 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 15.44% CAGR versus NDAQ at 7.96%.
Does AJG or NDAQ pay a bigger dividend?
AJG yields 1.08% and NDAQ yields 1.19% 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 22.60%.
How have AJG and NDAQ total returns compared?
Over the past 10 years, AJG delivered 19.52% and NDAQ delivered 16.69% 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 July 31, 2026.