AFL vs. AJG: Aflac vs. Arthur J. Gallagher Stock Comparison
How do Aflac (AFL) and Arthur J. Gallagher (AJG) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Aflac (AFL) and Arthur J. Gallagher (AJG) both belong to the Insurance industry, though AFL is classified under Life & Health Insurance while AJG falls under Insurance Brokers.
| Profile Item | AFL | AJG |
|---|---|---|
| Name | Aflac Incorporated | Arthur J. Gallagher & Co. |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Insurance | Insurance |
| GICS Industry | Insurance | Insurance |
| GICS Sub-Industry | Life & Health Insurance | Insurance Brokers |
| Market Capitalization | 61.36 billion USD | 72.21 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | June 20, 1984 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AFL | AJG |
|---|---|---|
| Total Return (1Y) | 12.21% | 13.67% |
| Total Return (3Y, Annualized) | 18.21% | 5.42% |
| Total Return (5Y, Annualized) | 20.06% | 12.86% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AFL | AJG |
|---|---|---|
| Volatility (1Y, Annualized) | 17.13% | 32.13% |
| Beta (5Y) | 0.55 | 0.46 |
| Max Drawdown (5Y) | -19.86% | -44.40% |
| Avg. Volume (3M) | 1.93M | 1.52M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AFL | AJG |
|---|---|---|
| Sharpe Ratio (1Y) | 0.46 | 0.29 |
| Sortino Ratio (1Y) | 0.68 | 0.43 |
Profitability
ROE (TTM)
Aflac (AFL) at 12.17% is around its peer norm for ROE, while Arthur J. Gallagher (AJG) at 7.21% drops into the bottom quartile, signaling weaker returns on shareholders’ equity.
AFL
Insurance industry group
12.17%
- Max
- 41.68%
- Q3
- 22.04%
- Median
- 14.81%
- AFL
- 12.17%
- Q1
- 8.79%
- Min
- -10.66%
AJG
Insurance industry group
7.21%
- Max
- 41.68%
- Q3
- 22.04%
- Median
- 14.81%
- Q1
- 8.79%
- AJG
- 7.21%
- Min
- -10.66%
Net Margin (TTM)
Aflac (AFL) at 21.24% retains a top-quartile share of revenue as profit, ahead of Arthur J. Gallagher (AJG) at 10.78%, which keeps about the industry-typical share.
AFL
Insurance industry group
21.24%
- Max
- 29.92%
- AFL
- 21.24%
- Q3
- 17.03%
- Median
- 10.97%
- Q1
- 6.21%
- Min
- -4.68%
AJG
Insurance industry group
10.78%
- Max
- 29.92%
- Q3
- 17.03%
- Median
- 10.97%
- AJG
- 10.78%
- Q1
- 6.21%
- Min
- -4.68%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for Aflac (AFL) in Insurance and Arthur J. Gallagher (AJG) in Insurance, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | AFL | AJG |
|---|---|---|
| ROE (TTM) | 12.17% | 7.21% |
| ROA (TTM) | 2.39% | 2.57% |
| Net Margin (TTM) | 21.24% | 10.78% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Arthur J. Gallagher (AJG) at 20.66% is around its peer norm for revenue growth, while Aflac (AFL) at -9.27% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Arthur J. Gallagher (AJG) at -11.69% is around its peer norm for EPS growth, while Aflac (AFL) at -29.18% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | AFL | AJG |
|---|---|---|
| Revenue Growth (YoY) | -9.27% | 20.66% |
| Revenue Growth (3Y CAGR) | -3.23% | 17.70% |
| EPS Growth (YoY) | -29.18% | -11.69% |
| EPS Growth (3Y CAGR) | -0.53% | 3.41% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Aflac (AFL) in Insurance and Arthur J. Gallagher (AJG) in Insurance both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Aflac (AFL) in Insurance and Arthur J. Gallagher (AJG) in Insurance run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | AFL | AJG |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Both Aflac (AFL) at 1.91% and Arthur J. Gallagher (AJG) at 0.95% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
AFL
Insurance industry group
1.91%
- Max
- 5.12%
- Q3
- 2.15%
- AFL
- 1.91%
- Median
- 0.98%
- Q1
- 0.00%
- Min
- 0.00%
AJG
Insurance industry group
0.95%
- Max
- 5.12%
- Q3
- 2.15%
- Median
- 0.98%
- AJG
- 0.95%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Aflac (AFL) at 35.18% pays out a band-typical share of earnings, while Arthur J. Gallagher (AJG) at 41.98% distributes more than its industry norm — less retained, thinner cover.
AFL
Insurance industry group
35.18%
- Max
- 76.67%
- AFL
- 35.18%
- Q3
- 35.18%
- Median
- 14.74%
- Q1
- 0.00%
- Min
- 0.00%
AJG
Insurance industry group
41.98%
- Max
- 76.67%
- AJG
- 41.98%
- Q3
- 35.18%
- Median
- 14.74%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AFL | AJG |
|---|---|---|
| Dividend Yield (TTM) | 1.91% | 0.95% |
| Dividend Payout Ratio (TTM) | 35.18% | 41.98% |
Valuation
P/E Ratio (TTM)
Aflac (AFL) at 18.11 is near its industry’s usual P/E ratio, while Arthur J. Gallagher (AJG) at 42.99 sits above its peer range — an unusually expensive price for AJG’s trailing earnings.
AFL
Insurance industry group
18.11
- Max
- 28.37
- Q3
- 18.75
- AFL
- 18.11
- Median
- 12.23
- Q1
- 9.08
- Min
- 2.32
AJG
Insurance industry group
42.99
- AJG
- 42.99
- Max
- 28.37
- Q3
- 18.75
- Median
- 12.23
- Q1
- 9.08
- Min
- 2.32
P/S Ratio (TTM)
Both look expensive on sales: Aflac (AFL) at 3.70 sits in the upper P/S ratio quartile, and Arthur J. Gallagher (AJG) at 4.58 prices even higher, above its industry range.
AFL
Insurance industry group
3.70
- Max
- 4.03
- AFL
- 3.70
- Q3
- 2.25
- Median
- 1.23
- Q1
- 0.85
- Min
- 0.07
AJG
Insurance industry group
4.58
- AJG
- 4.58
- Max
- 4.03
- Q3
- 2.25
- Median
- 1.23
- Q1
- 0.85
- Min
- 0.07
P/B Ratio (MRQ)
Aflac (AFL) at 2.10 is valued about in line with its industry on P/B ratio, while Arthur J. Gallagher (AJG) at 3.00 carries an above-peer premium to book — AJG is pricier on assets.
AFL
Insurance industry group
2.10
- Max
- 5.07
- Q3
- 2.79
- AFL
- 2.10
- Median
- 1.76
- Q1
- 1.23
- Min
- 0.30
AJG
Insurance industry group
3.00
- Max
- 5.07
- AJG
- 3.00
- Q3
- 2.79
- Median
- 1.76
- Q1
- 1.23
- Min
- 0.30
Valuation Metrics
| Metric | AFL | AJG |
|---|---|---|
| P/E Ratio (TTM) | 18.11 | 42.99 |
| P/S Ratio (TTM) | 3.70 | 4.58 |
| P/B Ratio (MRQ) | 2.10 | 3.00 |
| Free Cash Flow Yield (TTM) | -- | -- |