AJG vs EQH
Arthur J. Gallagher & Co. and Equitable Holdings, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | AJG | EQH |
|---|---|---|
| Revenue | $13.9B | $11.7B |
| Net income | $1.5B | $-1.4B |
| Gross margin | · | · |
| Net margin | 10.8% | −8.9% |
| Return on equity | 6.9% | · |
| Diluted EPS | $5.74 | −$4.83 |
| Dividend / share | $2.60 | $1.05 |
| Payout ratio | 44.6% | −22.8% |
| Free cash flow | · | · |
| Equity | $23.3B | $-74.0M |
| Net debt / equity | 0.49× | · |
| Current ratio | 1.06× | · |
| Revenue CAGR 5y | 14.8% | −1.2% |
| Profit CAGR 5y | 12.8% | · |
AJG bills 1.2× the revenue of EQH, and EQH closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | AJG | EQH |
|---|---|---|
| FY2025 | $13.9B | $11.7B |
| FY2024 | $11.6B | $12.4B |
| FY2023 | $10.1B | $10.5B |
| FY2022 | $8.6B | $12.6B |
| FY2021 | $8.2B | $7.6B |
| FY2020 | $7.0B | $12.4B |
| FY2019 | $7.2B | $9.6B |
| FY2018 | $6.9B | $12.1B |
| FY2017 | $6.2B | $12.5B |
| FY2016 | $5.7B | $11.8B |
Bottom line
| Fiscal year | AJG | EQH |
|---|---|---|
| FY2025 | $1.5B | $-1.4B |
| FY2024 | $1.5B | $1.3B |
| FY2023 | $970.0M | $1.3B |
| FY2022 | $1.1B | $2.2B |
| FY2021 | $906.8M | $1.8B |
| FY2020 | $818.8M | $-648.0M |
| FY2019 | $668.8M | $-1.8B |
| FY2018 | $633.5M | $1.9B |
| FY2017 | $481.3M | $834.0M |
| FY2016 | $396.8M | $1.3B |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$2,277,000,000 | AJG |
| FY2024 | −$870,000,000 | EQH |
| FY2023 | −$388,000,000 | EQH |
| FY2022 | −$4,093,400,000 | EQH |
| FY2021 | +$595,400,000 | AJG |
| FY2020 | −$5,411,400,000 | EQH |
| FY2019 | −$2,424,000,000 | EQH |
| FY2018 | −$5,135,000,000 | EQH |
| FY2017 | −$6,211,000,000 | EQH |
| FY2016 | −$6,082,500,000 | EQH |
The higher-revenue side has changed between AJG and EQH over this period. The gap has narrowed since the earliest year compared.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +19.7 pp | AJG |
| FY2024 | −1.7 pp | EQH |
| FY2023 | −5.9 pp | EQH |
| FY2022 | −5.9 pp | EQH |
| FY2021 | −16.9 pp | EQH |
| FY2020 | +15.1 pp | AJG |
| FY2019 | +25.2 pp | AJG |
| FY2018 | −8.4 pp | EQH |
| FY2017 | −1.8 pp | EQH |
| FY2016 | −6.4 pp | EQH |
The higher net margin has changed hands between AJG and EQH over this period.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
EQH's net margin has been more volatile than AJG's over the 10 comparable fiscal years — 13.1 percentage points of standard deviation against 1.8.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between AJG and EQH over these 10 fiscal years — AJG led in 3 and EQH in 7.
10 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
EQH's return on equity has been more volatile than AJG's over the 8 comparable fiscal years — 26.7 percentage points of standard deviation against 1.8.
8 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between AJG and EQH over these 8 fiscal years — AJG led in 4 and EQH in 4.
8 of 18 comparable fiscal years — a year missing data on either side is not counted.