Arthur J. Gallagher (AJG) vs Brown & Brown (BRO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Arthur J. Gallagher (AJG) has outperformed Brown & Brown (BRO) over the past year, losing 26.7% versus a loss of 35.4%. Over five years, AJG leads with a +39.4% price change compared with -4.0% for BRO. Arthur J. Gallagher is the larger company by market cap ($58.97 billion vs $20.98 billion), about 2.8 times the size, while Brown & Brown is growing revenue faster (+22.8% vs +20.7%).
On valuation, Brown & Brown trades at a lower forward P/E (13.0x vs 15.5x for Arthur J. Gallagher). Arthur J. Gallagher offers the higher dividend yield (1.17% vs 1.03%). Brown & Brown converts more of its revenue into profit, with a net margin of 17.9% versus 10.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AJG | BRO |
|---|---|---|
| Share price | $230.05 | $62.69 |
| Market cap | $58.97B | $20.98B |
| 1-day change | +1.30% | +1.57% |
| YTD return | -12.25% | -22.56% |
| 1-year return | -26.70% | -35.41% |
| 5-year return | +39.43% | -4.04% |
| P/E ratio (TTM) | 38.15 | 19.78 |
| Forward P/E | 15.54 | 12.99 |
| EPS (TTM) | $6.03 | $3.17 |
| Dividend yield | 1.17% | 1.03% |
| Annual dividend | $2.70 | $0.645 |
| Revenue (latest FY) | $13.94B | $5.90B |
| Revenue growth (YoY) | +20.66% | +22.83% |
| Net income (latest FY) | $1.49B | $1.05B |
| Net margin | 10.72% | 17.86% |
| 52-week high | $307.11 | $96.13 |
| 52-week low | $190.75 | $53.81 |
| Distance from 52-week high | -25.09% | -34.79% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +24.76% | +19.73% |
| Average volume | 1.39M | 2.29M |
| Shares outstanding | 256.34M | 334.61M |
| Employees | 67,456 | 22,888 |
| Sector | Finance | Finance |
| Industry | Specialty Insurers | Specialty Insurers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Arthur J. Gallagher is about 2.8 times larger than Brown & Brown by market value ($58.97B vs $20.98B).
- Arthur J. Gallagher trades at a higher earnings multiple (38.2x vs 19.8x trailing P/E).
- Brown & Brown is more profitable, keeping 17.9 cents of every revenue dollar as net income versus 10.7 cents for Arthur J. Gallagher.
About Arthur J. Gallagher
AJG stock →Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to entities and individuals worldwide.
Finance · Specialty Insurers · 67,456 employees
About Brown & Brown
BRO stock →Brown & Brown, Inc. markets and sells insurance products and services in the United States, the United Kingdom, and internationally.
Finance · Specialty Insurers · 22,888 employees
AJG vs BRO FAQ
Which is bigger, Arthur J. Gallagher or Brown & Brown?
Arthur J. Gallagher (AJG) is larger, with a market capitalization of $58.97B compared with $20.98B for Brown & Brown (BRO).
Which stock has performed better over the past year, AJG or BRO?
AJG returned -26.70% over the past 12 months, compared with -35.41% for BRO (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AJG or BRO?
BRO has the lower trailing P/E at 19.8, versus 38.2 for AJG. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Arthur J. Gallagher or Brown & Brown?
Arthur J. Gallagher has the higher yield at 1.17%, compared with 1.03% for Brown & Brown.
Are Arthur J. Gallagher and Brown & Brown in the same industry?
Yes. Both are classified in the Specialty Insurers industry within the Finance sector.