Arthur J. Gallagher vs Erie Indemnity
Add, change or remove companies; up to four.
KIRA’s take AI analyst
I put Arthur J. Gallagher and Erie Indemnity side by side, using each one’s latest annual report. Here is what stands out:
- Arthur J. Gallagher is the larger business, with $13.9B of revenue in fiscal 2025 against $4.1B for Erie Indemnity, about 3.4 times as much.
- Arthur J. Gallagher grew revenue faster (20.7%, against 7.2%).
- Erie Indemnity turned more of its sales into free cash flow (14.0% FCF margin, against 12.8%).
- Erie Indemnity earned a higher return on the capital invested in it (31.8%, against 9.9%).
Who comes out ahead
Of the 7 measures where higher (or lower) is clearly better, how many each company leads.
Arthur J. Gallagher
AJG
2/7
Revenue growth5-year growth
Erie Indemnity
ERIE
5/7
Net marginFCF marginReturn on capitalReturn on equityNet debt / EBITDA
Side by side
Best in the row
| Latest fiscal year | AJG FY25 | ERIE FY25 |
|---|---|---|
| Size | ||
| Market cap | $68.5B | — |
| Revenue | $13.9B | $4.1B |
| Free cash flow | $1.8B | $571M |
| Net income | $1.5B | $559M |
| Growth | ||
| Revenue growth | 20.7% | 7.2% |
| 5-year growth | 14.8% | 9.9% |
| Share count change | 16.2% | — |
| Profitability | ||
| Gross margin | — | — |
| Operating margin | — | 17.6% |
| Net margin | 10.7% | 13.8% |
| FCF margin | 12.8% | 14.0% |
| Return on capital | 9.9% | 31.8% |
| Return on equity | 6.9% | 26.2% |
| Balance sheet | ||
| Net debt | $12.1B | −$380M |
| Net debt / EBITDA | 3.3x | −0.5x |
| Dividends and buybacks | $667M | $254M |
| Valuation & quality | ||
| P/E | 44.2x | — |
| Piotroski F-score | 3 | — |
Ten years
Revenue
Operating margin
Free cash flow
Return on capital
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.