BOC vs. AJG
BOC (Boston Omaha Corp) and AJG (Arthur J. Gallagher & Co.) are both stocks. BOC operates in Advertising Agencies (Communication Services), while AJG operates in Insurance Brokers (Financial Services). Over the past 5 years, BOC returned -15.30%/yr vs 7.98%/yr for AJG. At a 0.21 correlation, their price movements are largely independent.
Performance
BOC vs. AJG - Performance Comparison
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Returns By Period
In the year-to-date period, BOC achieves a 8.16% return, which is significantly higher than AJG's -21.51% return.
BOC
- 1D
- -1.91%
- 1M
- 10.40%
- YTD
- 8.16%
- 6M
- 0.68%
- 1Y
- -5.71%
- 3Y*
- -12.48%
- 5Y*
- -15.30%
- 10Y*
- —
AJG
- 1D
- -1.59%
- 1M
- -2.19%
- YTD
- -21.51%
- 6M
- -17.00%
- 1Y
- -40.77%
- 3Y*
- 0.32%
- 5Y*
- 7.98%
- 10Y*
- 17.35%
BOC vs. AJG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BOC Boston Omaha Corp | 8.16% | -12.76% | -9.85% | -40.64% | -7.76% | 3.91% | 31.42% | -10.09% | -27.76% | 145.38% |
AJG Arthur J. Gallagher & Co. | -21.51% | -8.03% | 27.34% | 20.51% | 12.44% | 39.02% | 32.12% | 31.79% | 19.19% | 8.67% |
Correlation
The correlation between BOC and AJG is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jun 19, 2017 | 0.22 |
The correlation between BOC and AJG shifts across timeframes, from 0.12 (3 years) to 0.25 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
BOC:
-$0.44
AJG:
$5.74
BOC:
3.64
AJG:
3.78
BOC:
$114.89M
AJG:
$13.94B
BOC:
$105.55M
AJG:
$7.63B
BOC:
$2.48M
AJG:
$3.66B
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Return for Risk
BOC vs. AJG — Risk / Return Rank
BOC
AJG
BOC vs. AJG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Boston Omaha Corp (BOC) and Arthur J. Gallagher & Co. (AJG). 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.
| BOC | AJG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.31 | ||
| Sortino ratioReturn per unit of downside risk | +2.10 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 0.73 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | -0.24 | -0.97 | +0.72 |
| Martin ratioReturn relative to average drawdown | -0.48 | -1.63 | +1.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BOC | AJG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.18 | -1.48 | +1.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.44 | 0.35 | -0.79 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.76 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.00 | 0.47 | -0.46 |
Drawdowns
BOC vs. AJG - Drawdown Comparison
The maximum BOC drawdown since its inception was -76.58%, which is greater than AJG's maximum drawdown of -57.49%. Use the drawdown chart below to compare losses from any high point for BOC and AJG.
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Drawdown Indicators
| BOC | AJG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.58% | -57.49% | -19.09% |
Max Drawdown (1Y)Largest decline over 1 year | -23.46% | -42.35% | +18.89% |
Max Drawdown (3Y)Largest decline over 3 years | -46.26% | -44.40% | -1.86% |
Max Drawdown (5Y)Largest decline over 5 years | -74.13% | -44.40% | -29.73% |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.40% | — |
Current DrawdownCurrent decline from peak | -71.67% | -41.36% | -30.31% |
Average DrawdownAverage peak-to-trough decline | -46.05% | -12.82% | -33.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.83% | 26.73% | -14.90% |
Volatility
BOC vs. AJG - Volatility Comparison
Boston Omaha Corp (BOC) has a higher volatility of 16.57% compared to Arthur J. Gallagher & Co. (AJG) at 8.97%. This indicates that BOC's price experiences larger fluctuations and is considered to be riskier than AJG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BOC | AJG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.57% | 8.97% | +7.60% |
Volatility (6M)Calculated over the trailing 6-month period | 22.88% | 21.79% | +1.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.06% | 27.57% | +4.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.27% | 22.84% | +12.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.87% | 23.02% | +19.85% |
Dividends
BOC vs. AJG - Dividend Comparison
BOC has not paid dividends to shareholders, while AJG's dividend yield for the trailing twelve months is around 1.31%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AJG Arthur J. Gallagher & Co. | 1.31% | 1.00% | 0.85% | 0.98% | 1.08% | 1.13% | 1.46% | 1.81% | 2.23% | 2.47% | 2.93% | 3.62% |
BOC Boston Omaha Corp | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
BOC vs. AJG - Financials Comparison
This section allows you to compare key financial metrics between Boston Omaha Corp and Arthur J. Gallagher & Co.. 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
BOC vs. AJG - Profitability Comparison
BOC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Boston Omaha Corp reported a gross profit of 24.76M and revenue of 28.25M. Therefore, the gross margin over that period was 87.7%.
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%.
BOC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Boston Omaha Corp reported an operating income of -2.19M and revenue of 28.25M, resulting in an operating margin of -7.8%.
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%.
BOC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Boston Omaha Corp reported a net income of -2.15M and revenue of 28.25M, resulting in a net margin of -7.6%.
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%.
Frequently Asked Questions
BOC and AJG have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BOC has higher volatility (16.57%) compared to AJG (8.97%). In terms of maximum drawdown, BOC dropped -76.58% vs AJG's -57.49%.
BOC currently has the higher Sharpe Ratio (-0.18 vs -1.48), 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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