AJG vs WTW
Arthur J. Gallagher (AJG) and Willis Towers Watson (WTW) compared side by side. Arthur J. Gallagher (AJG) is larger, with a market cap of $68.7B versus $30.2B for Willis Towers Watson, about 2.3 times the size. On trailing earnings, WTW is cheaper at 20.1x versus 44.5x for AJG.
Head to head
| Metric | AJG | WTW |
|---|---|---|
| Market cap | $68.7B | $30.2B |
| P/E (TTM) | 44.5x | 20.1x |
| Forward P/E | 18.1x | 14.2x |
| Revenue (TTM) | $15.1B | — |
| Revenue growth | 30.9% | — |
| Gross margin | 43.2% | — |
| Operating margin | 19.2% | — |
| Free cash flow | $2.3B | $1.7B |
| Dividend yield | 1.04% | 1.18% |
| 1-year return | -4.0% | -0.6% |
| 5-year return (annual) | +11.3% | +7.0% |
| Max drawdown | -58% | -57% |
| FI Handbook grade | C+ | A |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
AJG vs WTW FAQ
Which is bigger, AJG or WTW?
Arthur J. Gallagher (AJG) is larger, with a market cap of $68.7B versus $30.2B for Willis Towers Watson, about 2.3 times the size.
Is AJG or WTW cheaper?
On trailing earnings, WTW is cheaper at 20.1x 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 WTW?
WTW returned -0.6% over the past year including dividends, versus -4.0% for AJG, through October 23, 2026.
Which pays a higher dividend, AJG or WTW?
WTW yields 1.18% versus 1.04% for AJG.
Full pages: Arthur J. Gallagher · Willis Towers Watson