Arthur J. Gallagher (AJG) vs Marsh (MRSH)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Marsh (MRSH) has outperformed Arthur J. Gallagher (AJG) over the past year, losing 13.7% versus a loss of 23.7%. Over five years, AJG leads with a +43.7% price change compared with +9.1% for MRSH. Marsh is the larger company by market cap ($84.31 billion vs $60.00 billion), about 1.4 times the size, while Arthur J. Gallagher is growing revenue faster (+20.7% vs +10.3%).
On valuation, Marsh trades at a lower forward P/E (15.5x vs 15.8x for Arthur J. Gallagher). Marsh offers the higher dividend yield (2.09% vs 1.15%). Marsh converts more of its revenue into profit, with a net margin of 15.4% 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 | MRSH |
|---|---|---|
| Share price | $234.05 | $176.67 |
| Market cap | $60.00B | $84.31B |
| 1-day change | +3.06% | +1.73% |
| YTD return | -9.56% | -4.77% |
| 1-year return | -23.75% | -13.71% |
| 5-year return | +43.69% | +9.06% |
| P/E ratio (TTM) | 38.81 | 21.60 |
| Forward P/E | 15.81 | 15.47 |
| EPS (TTM) | $6.03 | $8.18 |
| Dividend yield | 1.15% | 2.09% |
| Annual dividend | $2.70 | $3.69 |
| Revenue (latest FY) | $13.94B | $26.98B |
| Revenue growth (YoY) | +20.66% | +10.32% |
| Net income (latest FY) | $1.49B | $4.16B |
| Operating margin | — | 23.06% |
| Net margin | 10.72% | 15.42% |
| 52-week high | $305.74 | $207.83 |
| 52-week low | $190.75 | $156.60 |
| Distance from 52-week high | -23.45% | -14.99% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +21.41% | +15.98% |
| Average volume | 1.40M | 2.51M |
| Shares outstanding | 256.34M | 477.21M |
| Employees | 67,456 | 95,000 |
| 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
- MRSH has outperformed AJG by 10.0 percentage points over the past year.
- Arthur J. Gallagher trades at a higher earnings multiple (38.8x vs 21.6x trailing P/E).
- Arthur J. Gallagher grew revenue faster in its latest fiscal year (+20.66% vs +10.32%).
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 Marsh
MRSH stock →Marsh & McLennan Companies, Inc., a professional services company, provides advisory services and insurance solutions to clients in the areas of risk, strategy, and people worldwide. The company operates through Risk and Insurance Services, and Consulting segments.
Finance · Specialty Insurers · 95,000 employees
AJG vs MRSH FAQ
Which is bigger, Arthur J. Gallagher or Marsh?
Marsh (MRSH) is larger, with a market capitalization of $84.31B compared with $60.00B for Arthur J. Gallagher (AJG).
Which stock has performed better over the past year, AJG or MRSH?
MRSH returned -13.71% over the past 12 months, compared with -23.75% for AJG (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AJG or MRSH?
MRSH has the lower trailing P/E at 21.6, versus 38.8 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 Marsh?
Marsh has the higher yield at 2.09%, compared with 1.15% for Arthur J. Gallagher.
Are Arthur J. Gallagher and Marsh in the same industry?
Yes. Both are classified in the Specialty Insurers industry within the Finance sector.