AJG vs. GFL
AJG (Arthur J. Gallagher & Co.) and GFL (GFL Environmental Inc.) are both stocks. AJG operates in Insurance Brokers (Financial Services), while GFL operates in Waste Management (Industrials). Over the past 5 years, AJG returned 9.77%/yr vs 1.88%/yr for GFL. At a 0.31 correlation, their price movements are largely independent.
Performance
AJG vs. GFL - Performance Comparison
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Returns By Period
In the year-to-date period, AJG achieves a -14.95% return, which is significantly higher than GFL's -16.19% return.
AJG
- 1D
- -1.00%
- 1M
- 14.28%
- YTD
- -14.95%
- 6M
- -13.82%
- 1Y
- -30.92%
- 3Y*
- 2.53%
- 5Y*
- 9.77%
- 10Y*
- 18.56%
GFL
- 1D
- 0.28%
- 1M
- -0.75%
- YTD
- -16.19%
- 6M
- -18.43%
- 1Y
- -29.04%
- 3Y*
- -0.84%
- 5Y*
- 1.88%
- 10Y*
- —
AJG vs. GFL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AJG Arthur J. Gallagher & Co. | -14.95% | -8.03% | 27.34% | 20.51% | 12.44% | 39.02% | 21.55% |
GFL GFL Environmental Inc. | -16.19% | -3.44% | 29.26% | 18.24% | -22.65% | 29.88% | 67.01% |
Correlation
The correlation between AJG and GFL is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Mar 3, 2020 | 0.31 |
The correlation between AJG and GFL shifts across timeframes, from 0.23 (3 years) to 0.34 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
AJG:
$5.74
GFL:
CA$0.57
AJG:
38.12
GFL:
88.98
AJG:
4.08
GFL:
2.76
AJG:
$13.94B
GFL:
CA$6.70B
AJG:
$7.63B
GFL:
CA$1.38B
AJG:
$3.66B
GFL:
CA$2.14B
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Return for Risk
AJG vs. GFL — Risk / Return Rank
AJG
GFL
AJG vs. GFL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Arthur J. Gallagher & Co. (AJG) and GFL Environmental Inc. (GFL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AJG | GFL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 0.80 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.76 | -0.85 | +0.09 |
| Martin ratioReturn relative to average drawdown | -1.30 | -1.84 | +0.55 |
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Drawdowns
AJG vs. GFL - Drawdown Comparison
The maximum AJG drawdown since its inception was -57.49%, which is greater than GFL's maximum drawdown of -42.76%. Use the drawdown chart below to compare losses from any high point for AJG and GFL.
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Drawdown Indicators
| AJG | GFL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.49% | -42.76% | -14.73% |
Max Drawdown (1Y)Largest decline over 1 year | -40.64% | -34.20% | -6.44% |
Max Drawdown (3Y)Largest decline over 3 years | -44.40% | -34.88% | -9.52% |
Max Drawdown (5Y)Largest decline over 5 years | -44.40% | -42.76% | -1.64% |
Max Drawdown (10Y)Largest decline over 10 years | -44.40% | — | — |
Current DrawdownCurrent decline from peak | -36.46% | -30.16% | -6.30% |
Average DrawdownAverage peak-to-trough decline | -12.83% | -14.41% | +1.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.87% | 15.78% | +8.09% |
Volatility
AJG vs. GFL - Volatility Comparison
Arthur J. Gallagher & Co. (AJG) and GFL Environmental Inc. (GFL) have volatilities of 8.37% and 8.65%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AJG | GFL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.37% | 8.65% | -0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 22.48% | 21.75% | +0.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.85% | 25.61% | +2.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.98% | 29.80% | -6.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.08% | 32.98% | -9.90% |
Dividends
AJG vs. GFL - Dividend Comparison
AJG's dividend yield for the trailing twelve months is around 1.23%, more than GFL's 0.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AJG Arthur J. Gallagher & Co. | 1.23% | 1.00% | 0.85% | 0.98% | 1.08% | 1.13% | 1.46% | 1.81% | 2.23% | 2.47% | 2.93% | 3.62% |
GFL GFL Environmental Inc. | 0.18% | 0.14% | 0.12% | 0.15% | 0.16% | 0.11% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
AJG vs. GFL - Financials Comparison
This section allows you to compare key financial metrics between Arthur J. Gallagher & Co. and GFL Environmental Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AJG vs. GFL - Profitability Comparison
AJG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Arthur J. Gallagher & Co. reported a gross profit of 1.42B and revenue of 3.63B. Therefore, the gross margin over that period was 39.1%.
GFL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, GFL Environmental Inc. reported a gross profit of 300.57M and revenue of 1.65B. Therefore, the gross margin over that period was 18.2%.
AJG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Arthur J. Gallagher & Co. reported an operating income of 341.00M and revenue of 3.63B, resulting in an operating margin of 9.4%.
GFL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, GFL Environmental Inc. reported an operating income of 34.09M and revenue of 1.65B, resulting in an operating margin of 2.1%.
AJG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Arthur J. Gallagher & Co. reported a net income of 151.00M and revenue of 3.63B, resulting in a net margin of 4.2%.
GFL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, GFL Environmental Inc. reported a net income of -216.26M and revenue of 1.65B, resulting in a net margin of -13.1%.
Frequently Asked Questions
AJG and GFL have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GFL has higher volatility (8.65%) compared to AJG (8.37%). In terms of maximum drawdown, AJG dropped -57.49% vs GFL's -42.76%.
AJG currently has the higher Sharpe Ratio (-1.12 vs -1.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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