S&P 500 comparison · Financials

Arthur J. Gallagher & Co. vs Brown & Brown

Prices at close . Model readings .

Arthur J. Gallagher & Co.

$260.42+0.54%
Month: negativeLong run: neutral

Brown & Brown

$65.88−2.47%
Month: negativeLong run: neutral
Price change

Price change, with the S&P 500 as a benchmark

Percent change in each close since the start of the chosen range, for both companies and the S&P 500 (SPY). Daily closes over the last year, weekly before that and monthly before five years.

In short

How the two compare

On the latest closes (28 Oct 2026), Arthur J. Gallagher & Co. is the larger company by market value ($66.75B against $21.85B). Over the past year Arthur J. Gallagher & Co. returned −5.8% and Brown & Brown −24.2%, while the S&P 500 returned +12.7%. The latest filed P/E is 40.5 for Arthur J. Gallagher & Co. and 18.9 for Brown & Brown, and the operating margin -6.6% against 24.2%. Over the next 21 sessions the model expects −0.6% for Arthur J. Gallagher & Co., with a 20% chance of a rise, and −0.37% for Brown & Brown, with a 50% chance. Arthur J. Gallagher & Co.'s long-run fair value is $237.07, a gap of −9% to its price; the long-run model view is neutral. Brown & Brown's long-run fair value is $65.85, a gap of −0.1% to its price; the long-run model view is neutral.

Model view

What the model expects

Expected returns and the chance of a rise from our forecasting models, and the long-run fair value against the price. Readings, not advice.

Model readings:
Expected returnnext 21 sessions
AJG−0.6%
BRO−0.37%
Chance of a risenext 21 sessions
AJG20%
BRO50%
Expected returnnext 63 sessions
AJG+0.02%
BRO+1.29%
Range of outcomes63 sessions, 80% band
AJG−23.5% to +23.6%
BRO−22.8% to +25.4%
Chance of a risenext 63 sessionsMembers only · see plans
Long-run fair valueintrinsic value model
AJG$237.0728 Oct 2026
BRO$65.8528 Oct 2026
Gap to pricefair value against the close
AJG−9%
BRO−0.1%
Past readings that matchedsign of the 21-session outcome
AJG56.1%of 269
BRO49.1%of 269
Price performance

How the prices moved

Price change over each period, with the S&P 500 (SPY) for comparison.

Closes to
1 monthS&P 500: +1.1%
AJG+14.3%
BRO+8.7%
6 monthsS&P 500: +8.5%
AJG+23.4%
BRO+7.4%
Year to dateS&P 500: +13.3%
AJG+1.3%
BRO−16.7%
1 yearS&P 500: +12.7%
AJG−5.8%
BRO−24.2%
5 yearsS&P 500: +70.7%
AJG+68.3%
BRO+5.7%
1 year against the S&P 500percentage points
AJG−18.5 pts
BRO−36.9 pts
Position in the 52-week range0% low, 100% high
AJG81%close $260.42 in $190.12 to $276.49
BRO38%close $65.88 in $53.69 to $85.92
Against the 200-day average
AJG+12.6%
BRO−1%
Valuation

What the market pays

Size and the multiples from the latest filed quarter. A P/E on losses reads n/m.

Filings: quarter to (AJG), (BRO)
Market value
AJG$66.75B28 Oct 2026
BRO$21.85B28 Oct 2026
Enterprise valueat the last filing
AJG$72.31B30 Jun 2026
BRO$26.45B30 Sep 2026
P/Elatest filed
AJG40.5
BRO18.9
Price to book
AJG2.48
BRO1.60
EV / EBITDA
AJG-185.04
BRO15.31
Free cash flow yield
AJG3.89%
BRO7.36%
Dividend yield
AJG1.18%
BRO1.11%
Questions

Arthur J. Gallagher & Co. or Brown & Brown: common questions

Which is larger by market value, Arthur J. Gallagher & Co. or Brown & Brown?

Arthur J. Gallagher & Co., at $66.75B against $21.85B for Brown & Brown, on the latest closes (28 Oct 2026).

Which has the higher P/E ratio, Arthur J. Gallagher & Co. or Brown & Brown?

Arthur J. Gallagher & Co. has the higher latest filed P/E, 40.5; Brown & Brown's is 18.9. Filings: quarter to 30 Jun 2026 and 30 Sep 2026.

How did Arthur J. Gallagher & Co. and Brown & Brown move over the past year against the S&P 500?

Over the past year Arthur J. Gallagher & Co. returned −5.8% and Brown & Brown −24.2%, while the S&P 500 returned +12.7%. Prices at close 28 Oct 2026.

What does the model expect for Arthur J. Gallagher & Co. and Brown & Brown over the next month?

−0.6% for Arthur J. Gallagher & Co. with a 20% chance of a rise, and −0.37% for Brown & Brown with a 50% chance, over the next 21 sessions. Model readings 28 Oct 2026. These are model readings, not advice.

How do the operating margins of Arthur J. Gallagher & Co. and Brown & Brown compare?

The operating margin is -6.6% for Arthur J. Gallagher & Co. and 24.2% for Brown & Brown. Filings: quarter to 30 Jun 2026 and 30 Sep 2026.

Do Arthur J. Gallagher & Co. and Brown & Brown shares move together?

Over the past year the correlation of their daily returns was 0.83 (closely together); 1 means they always move together, 0 unrelated, −1 opposite. Prices at close 28 Oct 2026.

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The two company pagesArthur J. Gallagher & Co. (AJG) forecast and analysisBrown & Brown (BRO) forecast and analysis
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BrowseAll Financials companiesAll comparisonsHow the model readings are made

Model readings are research estimates, not investment advice. Prices: daily closes. Fundamentals: the latest SEC filings. Short interest: FINRA, settlement 30 Sep 2026. A dash means the figure is not in our data; it is never shown as zero. The model view follows a published rule: next month by the sign of the expected return, the long run positive at a fair value 10% or more above the price and negative at 10% or more below it.