AJG vs BRO
Arthur J. Gallagher (AJG) and Brown & Brown (BRO) compared side by side. Arthur J. Gallagher (AJG) is larger, with a market cap of $68.7B versus $24.4B for Brown & Brown, about 2.8 times the size. On trailing earnings, BRO is cheaper at 23.0x versus 44.5x for AJG.
Head to head
| Metric | AJG | BRO |
|---|---|---|
| Market cap | $68.7B | $24.4B |
| P/E (TTM) | 44.5x | 23.0x |
| Forward P/E | 18.1x | 15.1x |
| Revenue (TTM) | $15.1B | $6.7B |
| Revenue growth | 30.9% | 32.4% |
| Gross margin | 43.2% | 56.3% |
| Operating margin | 19.2% | 41.8% |
| Free cash flow | $2.3B | $1.4B |
| Dividend yield | 1.04% | 0.90% |
| 1-year return | -4.0% | -17.0% |
| 5-year return (annual) | +11.3% | +2.6% |
| Max drawdown | -58% | -56% |
| FI Handbook grade | C+ | C+ |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
AJG vs BRO FAQ
Which is bigger, AJG or BRO?
Arthur J. Gallagher (AJG) is larger, with a market cap of $68.7B versus $24.4B for Brown & Brown, about 2.8 times the size.
Is AJG or BRO cheaper?
On trailing earnings, BRO is cheaper at 23.0x versus 44.5x for AJG. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, AJG or BRO?
AJG returned -4.0% over the past year including dividends, versus -17.0% for BRO, through October 23, 2026.
Which pays a higher dividend, AJG or BRO?
AJG yields 1.04% versus 0.90% for BRO.
Full pages: Arthur J. Gallagher · Brown & Brown