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Arthur J. Gallagher vs Equitable Holdings: AJG and EQH compared
Arthur J. Gallagher is the larger company: $4.0B of revenue in its latest quarter (Q3 2026) against $3.9B for Equitable Holdings (Q3 2026). Equitable Holdings is growing faster (+168% against +18% a year earlier). Equitable Holdings is more profitable, with an operating margin of 35.8% against 13.0%.
Where the money goes: AJG and EQH
Arthur J. Gallagher (AJG) · Q3 2026
Arthur J. Gallagher, Q3 2026: revenue $4.0B (+18% year over year), operating margin 13.0%, net earnings $406M, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
Equitable Holdings (EQH) · Q3 2026
Equitable Holdings, Q3 2026: revenue $3.9B (+168% year over year), operating margin 35.8%, net earnings $1.1B, operating cash flow $1.6B. The chart follows the revenue to costs, profit and cash.
| Arthur J. Gallagher (AJG) | Equitable Holdings (EQH) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $4.0B | $3.9B |
| Revenue growth, Y/Y | +18% | +168% |
| Operating margin | 13.0% | 35.8% |
| Net earnings | $406M | $1.1B |
| Net margin | 10.2% | 28.9% |
| Operating cash flow | $1.3B | $1.6B |
| Free cash flow | $1.3B | — |
| Market value | $73.9B | $14.4B |
| P/E | 43.3× | 7.7× |
| Analysts’ mean target | $300.11 | $64.55 |
Questions
Which is bigger, Arthur J. Gallagher or Equitable Holdings?
Arthur J. Gallagher is the larger company: $4.0B of revenue in its latest quarter (Q3 2026) against $3.9B for Equitable Holdings (Q3 2026).
Is Arthur J. Gallagher or Equitable Holdings growing faster?
Equitable Holdings is growing faster (+168% against +18% a year earlier).
Which is more profitable, Arthur J. Gallagher or Equitable Holdings?
Equitable Holdings is more profitable, with an operating margin of 35.8% against 13.0%.
More: Arthur J. Gallagher earnings · how Arthur J. Gallagher makes money · Equitable Holdings earnings · how Equitable Holdings makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.