◆ TICKERBASE · US STOCK FINANCIAL DATA LIBRARY

Home › All stocks › AJG

Arthur J Gallagher & Co (AJG) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

FINANCIAL SERVICES · Insurance Brokers · DATA UPDATED 2026-07-14

Arthur J Gallagher & Co (AJG) operates in the Insurance Brokers industry and is headquartered in Rolling Meadows, United States with about 72,373 employees. Its market capitalization is roughly $64 billion. In the fiscal year ended 2025-12-31, AJG reported $13.9B in revenue and $1.5B in net income.

Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to entities and individuals worldwide. The company operates in Brokerage and Risk Management segments.

Interactive charts & full statements → Open the AJG valuation workbench →

AJG Revenue & Earnings History — Annual Income Statement

Income statement	TTM → 2026-03-31	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Revenue	$15.0B	$13.9B	$11.6B	$10.1B	$8.6B	$8.2B	$7.0B	$7.1B	$6.9B	$6.2B	$5.7B	$5.4B	$4.6B	$3.2B	$2.5B	$2.1B	$1.9B	$1.7B	$1.6B	$1.6B	$1.5B
Gross Profit	$9.9B	$7.6B	$4.9B	$4.2B	$3.6B	$3.0B	$2.5B	$2.3B	$1.9B	$1.7B	$1.6B	$1.6B	$1.4B	$1.1B	$915M	$777M	$683M	$661M	$1.3B	$1.2B	$1.1B
Gross Margin %	66.0%	54.8%	42.2%	42.1%	42.1%	36.2%	35.7%	32.1%	28.0%	27.6%	28.2%	29.9%	30.3%	33.2%	36.3%	36.4%	36.6%	38.2%	76.8%	73.1%	71.7%
Operating Income (EBIT)	$2.7B	$2.5B	$2.3B	$1.9B	$1.8B	$1.5B	$1.0B	$746M	$617M	$511M	$476M	$437M	$398M	$343M	$292M	$242M	$235M	$244M	$192M	$216M	$163M
Operating Margin %	18.2%	18.3%	19.8%	18.5%	20.5%	17.9%	14.3%	10.5%	8.9%	8.2%	8.4%	8.1%	8.6%	10.8%	11.6%	11.4%	12.6%	14.1%	11.7%	13.3%	11.1%
Net Income	$1.6B	$1.5B	$1.5B	$970M	$1.1B	$907M	$819M	$669M	$634M	$481M	$397M	$357M	$303M	$269M	$195M	$144M	$174M	$129M	$77M	$139M	$128M
Net Margin %	10.8%	10.7%	12.7%	9.6%	13.0%	11.1%	11.7%	9.4%	9.2%	7.7%	7.0%	6.6%	6.6%	8.5%	7.7%	6.8%	9.3%	7.4%	4.7%	8.6%	8.7%
EBITDA	$3.9B	$3.7B	$3.1B	$2.2B	$2.4B	$2.0B	$1.6B	$1.3B	$1.0B	$870M	$794M	$731M	$639M	$520M	$429M	$364M	$331M	$325M	$266M	$281M	$224M
Earnings Per Share (EPS)	$6.20	$5.74	$6.53	$4.42	$5.19	$4.37	$4.20	$3.52	$3.40	$2.64	$2.22	$2.06	$1.97	$2.06	$1.59	$1.28	$1.61	$1.28	$0.82	$1.43	$1.31
Shares Outstanding (M)	260M	260M	224M	219M	215M	207M	195M	190M	186M	182M	178M	173M	154M	130M	122M	112M	108M	101M	94M	97M	98M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

AJG Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Total Revenue	$4.8B	$3.6B	$3.4B	$3.2B	$3.7B	$2.7B	$2.8B	$2.8B
Gross Profit	$4.0B	$1.4B	$3.0B	$1.4B	$1.8B	$1.1B	$1.1B	$1.1B
Gross Margin %	84.9%	39.1%	90.6%	42.7%	48.0%	41.4%	40.8%	40.2%
Operating Income (EBIT)	$1.2B	$341M	$537M	$624M	$1.0B	$474M	$481M	$479M
Operating Margin %	25.6%	9.4%	15.9%	19.4%	28.1%	17.4%	17.1%	17.2%
Net Income	$822M	$151M	$273M	$366M	$704M	$258M	$313M	$283M
Net Margin %	17.3%	4.2%	8.1%	11.4%	18.9%	9.5%	11.1%	10.2%
EBITDA	$1.5B	$703M	$784M	$861M	$1.3B	$661M	$706M	$672M
Earnings Per Share (EPS)	$3.16	$0.58	$1.05	$1.40	$2.72	$1.12	$1.40	$1.27
Shares Outstanding (M)	260M	260M	260M	260M	259M	231M	224M	223M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

AJG Free Cash Flow History

Cash flow	TTM → 2026-03-31	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Cash from Operations (CFO)	$2.0B	$1.9B	$2.6B	$2.0B	$2.1B	$1.7B	$1.8B	$1.1B	$765M	$854M	$622M	$653M	$402M	$350M	$343M	$283M	$232M	$212M	$161M	$252M	$105M
Capital Expenditures (CapEx)	$153M	$145M	$142M	$194M	$183M	$129M	$99M	$139M	$124M	$129M	$218M	$99M	$82M	$94M	$51M	$40M	$25M	$24M	$32M	$41M	$33M
Free Cash Flow (FCF)	$1.9B	$1.8B	$2.4B	$1.8B	$1.9B	$1.6B	$1.7B	$980M	$641M	$725M	$404M	$554M	$321M	$256M	$292M	$243M	$206M	$188M	$129M	$212M	$72M
FCF Margin %	12.4%	12.8%	21.1%	18.2%	22.7%	19.2%	23.6%	13.8%	9.2%	11.6%	7.1%	10.3%	6.9%	8.1%	11.6%	11.4%	11.1%	10.9%	7.8%	13.0%	4.9%
Dividends Paid	$681M	$667M	$525M	$474M	$430M	$392M	$347M	$321M	$302M	$283M	$272M	$258M	$223M	$183M	$204M	$146M	$134M	$128M	$118M	$119M	$114M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

AJG Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Cash from Operations (CFO)	$957M	$753M	$731M	($426M)	$872M	$739M	$935M	$120M
Capital Expenditures (CapEx)	$36M	$40M	$38M	$39M	$28M	$44M	$37M	$32M
Free Cash Flow (FCF)	$921M	$713M	$694M	($466M)	$844M	$696M	$898M	$88M
FCF Margin %	19.4%	19.7%	20.6%	-14.4%	22.6%	25.6%	32.0%	3.2%
Dividends Paid	$180M	$168M	$167M	$167M	$166M	$132M	$132M	$131M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

AJG Balance Sheet History

Balance sheet	2026-03-31	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31
Total Assets	$78.3B	$70.7B	$64.3B	$51.6B	$38.4B	$33.3B	$22.3B	$19.6B	$16.3B	$12.9B	$11.5B	$10.9B	$10.0B	$6.9B	$5.4B	$4.5B	$3.6B	$3.2B	$3.3B	$3.6B	$3.4B
Cash & Cash Equivalents	$1.4B	$1.4B	$15.0B	$972M	$738M	$403M	$665M	$605M	$607M	$681M	$546M	$480M	$314M	$298M	$302M	$291M	$250M	$206M	$194M	$256M	$208M
Total Liabilities	$54.5B	$47.3B	$44.1B	$40.8B	$29.2B	$24.8B	$16.1B	$14.4B	$11.8B	$8.7B	$7.8B	$7.2B	$6.8B	$4.8B	$3.7B	$3.2B	$2.5B	$2.4B	$2.5B	$2.8B	$2.6B
Total Debt (Short + Long-Term)	$12.7B	$13.0B	$13.2B	$8.0B	$6.1B	$6.3B	$4.5B	$4.6B	$3.6B	$3.1B	$2.8B	$2.5B	$2.4B	$1.5B	$854M	$685M	$776M	$550M	$532M	$681M	$35M
Total Shareholders' Equity	$23.8B	$23.3B	$20.2B	$10.8B	$9.1B	$8.5B	$6.2B	$5.2B	$4.5B	$4.1B	$3.6B	$3.6B	$3.2B	$2.1B	$1.7B	$1.2B	$1.1B	$893M	$738M	$716M	$864M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive AJG viewer.

Other Companies in Insurance Brokers

MRSH · Marsh McLennan — $86 billion
AON · Aon plc — $77 billion
WTW · Willis Towers Watson — $28 billion
BRO · Brown & Brown — $23 billion
ERIE · Erie Indemnity — $12 billion
NP · Neptune Insurance Holdings Inc. — $4 billion
CRVL · CorVel Corporation — $3 billion
ARX · Accelerant Holdings — $3 billion

← AIZ All stocks AKA →

About TickerBase · Data methodology & sources

TickerBase is provided for educational and informational purposes only. It does not constitute financial, investment, tax, or legal advice, or a recommendation to buy, sell, or hold any security. No price targets are published; any per-share value shown in the valuation workbench is generated entirely from reader-supplied assumptions and is not the publisher's view of fair value. Past performance does not predict future results. Figures are approximate and drawn from public filings; one-time items are noted where identified. Do your own research and consult a licensed professional before making any investment decision. The author may or may not hold positions in the securities discussed.