Arthur J. Gallagher (AJG) Financials: History & Chart

Arthur J. Gallagher & Co. (AJG)AJGArthur J. Gallagher & Co.

About Arthur J. Gallagher & Co.

Arthur J. Gallagher & Co., alongside its various subsidiaries, operates globally, providing a wide array of services that encompass insurance brokerage, expert consulting, and outsourced claims settlement and administration. Its geographic reach extends across the United States, Australia, Bermuda, Canada, the Caribbean, New Zealand, India, and the United Kingdom. The company's business model is divided into two primary segments: Brokerage and Risk Management. The Brokerage division manages both retail and wholesale insurance operations. It also supports other brokers, including independent ones, in securing specialized or hard-to-place insurance coverage. This segment functions as a wholesale broker, managing general agent (MGA), and managing general underwriter (MGU) to distribute tailored insurance products to underwriting firms. Key activities within this segment include marketing, underwriting, policy issuance, premium collection, agent recruitment and supervision, claims payment, and reinsurance negotiations. It delivers essential brokerage and consulting solutions to a diverse client base, from commercial businesses, non-profit organizations, and public entities to individuals, specializing in insurance placement, managing loss exposure, and overseeing employer-sponsored benefit programs. The Risk Management segment focuses on offering contract-based claims settlement and administration services to businesses and public sector organizations. Its services also include comprehensive claims management, specialized loss control consulting, and independent insurance property appraisals. Arthur J. Gallagher & Co. delivers its extensive services through a broad network of associated insurance brokers and consultants. Its clientele is varied, serving commercial, industrial, public, religious, and non-profit organizations. The company was founded in 1927 and maintains its corporate headquarters in Rolling Meadows, Illinois.

Rolling Meadows, IL

72,000 employees

www.ajg.com

Financial Services / Insurance - Brokers

Sector: Financial Services
Industry: Insurance - Brokers
CEO: J. Patrick Gallagher Jr.

View full financials

Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024	Quarter ended Jun 2024
Revenue	14.97B	4.76B	3.63B	3.37B	3.22B	3.73B	2.72B	2.81B	2.78B
Cost of Goods Sold	5.09B	720.00M	2.21B	316.50M	1.85B	1.94B	1.59B	1.66B	1.66B
Gross Profit	9.88B	4.04B	1.42B	3.05B	1.37B	1.79B	1.13B	1.14B	1.12B
Gross Profit Margin	66.0%	84.9%	39.1%	90.6%	42.7%	48.0%	41.4%	40.8%	40.2%
Total Operating Expenses	7.16B	2.82B	1.08B	2.51B	750.10M	743.80M	651.90M	663.70M	637.20M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	5.10B	0.00	667.00M	2.63B	1.80B	1.90B	6.52B	1.62B	1.62B
Operating Income (EBIT)	2.72B	1.22B	341.00M	536.60M	624.40M	1.05B	473.70M	480.90M	478.70M
Operating Margin	18.2%	25.6%	9.4%	15.9%	19.4%	28.1%	17.4%	17.1%	17.2%
Income Before Tax (EBT)	2.04B	1.04B	180.00M	346.90M	471.40M	872.70M	333.20M	403.30M	365.60M
Interest Income	86.00M	86.00M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	638.40M	158.00M	161.00M	160.80M	158.60M	158.40M	101.90M	92.90M	94.30M
Other Income/Expense	-678.70M	-175.00M	-161.00M	-189.70M	-153.00M	-174.20M	-140.50M	-77.60M	-113.10M
Net Income	1.61B	822.00M	151.00M	272.70M	365.80M	704.40M	258.30M	312.60M	283.40M
Income Tax Expense	424.50M	220.00M	26.00M	73.30M	105.20M	163.80M	75.00M	89.20M	80.20M
Net Profit Margin	10.8%	17.3%	4.2%	8.1%	11.4%	18.9%	9.5%	11.1%	10.2%
EBITDA	3.93B	1.56B	703.00M	812.90M	855.20M	1.30B	686.70M	690.90M	690.30M
EBITDA Margin	26.2%	32.7%	19.4%	24.2%	26.6%	34.9%	25.3%	24.6%	24.9%
Depreciation & Amortization	1.21B	339.00M	362.00M	276.30M	230.80M	253.40M	213.00M	210.00M	211.60M
EPS Basic	6.27	3.20	0.58	1.06	1.43	2.76	1.14	1.43	1.30
EPS Diluted	6.19	3.16	0.58	1.05	1.40	2.72	1.12	1.39	1.27
Shares Outstanding	257.12M	257.12M	260.34M	256.62M	256.26M	254.82M	226.43M	219.30M	218.80M
Diluted Shares Outstanding	259.82M	259.82M	260.34M	260.41M	260.44M	259.42M	231.06M	223.90M	222.90M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	13.94B	11.55B	10.07B	8.55B	8.21B	7.01B	7.12B	6.92B
Cost of Goods Sold	6.31B	6.68B	5.83B	4.95B	5.23B	4.50B	4.83B	4.98B
Gross Profit	7.63B	4.88B	4.25B	3.60B	2.98B	2.51B	2.29B	1.94B
Gross Profit Margin	54.8%	42.2%	42.1%	42.1%	36.2%	35.8%	32.1%	28.0%
Total Operating Expenses	5.08B	2.60B	2.39B	1.93B	1.64B	1.47B	1.54B	1.32B
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	7.00B	6.52B	5.68B	4.80B	3.93B	3.47B	3.34B	3.03B
Operating Income (EBIT)	2.55B	2.28B	1.86B	1.67B	1.34B	1.04B	745.90M	617.20M
Operating Margin	18.3%	19.8%	18.5%	19.5%	16.3%	14.8%	10.5%	8.9%
Income Before Tax (EBT)	1.87B	1.87B	1.19B	1.33B	975.10M	870.90M	626.10M	479.40M
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	638.80M	381.30M	296.70M	256.90M	226.10M	196.40M	179.80M	138.40M
Other Income/Expense	-677.90M	-407.30M	-674.00M	-339.90M	-361.90M	-169.30M	-119.80M	-137.80M
Net Income	1.49B	1.46B	969.50M	1.11B	906.80M	818.80M	668.80M	633.50M
Income Tax Expense	368.30M	404.40M	219.10M	211.00M	20.10M	12.80M	-89.70M	-196.50M
Net Profit Margin	10.7%	12.7%	9.6%	13.0%	11.0%	11.7%	9.4%	9.1%
EBITDA	3.67B	3.12B	2.56B	2.27B	1.90B	1.60B	1.22B	1.04B
EBITDA Margin	26.3%	27.0%	25.4%	26.5%	23.2%	22.9%	17.1%	15.0%
Depreciation & Amortization	1.12B	842.30M	696.50M	599.60M	566.30M	562.40M	474.40M	419.00M
EPS Basic	5.83	6.63	4.51	5.30	4.47	4.29	3.60	3.47
EPS Diluted	5.75	6.53	4.42	5.19	4.37	4.20	3.52	3.40
Shares Outstanding	260.34M	220.50M	214.90M	210.30M	202.70M	191.00M	186.00M	182.74M
Diluted Shares Outstanding	260.34M	223.90M	219.30M	214.70M	207.30M	195.00M	190.10M	186.16M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.