Arthur J. Gallagher & Co. (AJG) Financial Statements
Industry: Insurance Agents, Brokers & Service
In fiscal 2025, Arthur J. Gallagher reported revenue of $13.94B, up 20.7% from $11.55B the year before. Net income was $1.49B (a 10.7% net margin), or $5.74 per diluted share. Gross margin was 13.4% and operating margin was -2.8%. Operating activities generated $1.93B of cash. At fiscal year end, Arthur J. Gallagher held $70.67B in total assets against $47.32B in total liabilities.
Open the full interactive Arthur J. Gallagher financials → Quarterly statements, key ratios, valuation history and price charts.
Arthur J. Gallagher Key Stats
| Share Price | $232.90 |
|---|---|
| Market Cap | $59.79B |
| P/E Ratio | 40.6 |
| Revenue YoY Growth | +20.7% |
| 52-Week Range | $190.85 – $300.20 |
| Shares Outstanding | 256.7 million (basic, 2026 Q2) |
Arthur J. Gallagher Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $7.00B | $8.21B | $8.55B | $10.07B | $11.55B | $13.94B |
| Cost of Goods Sold | $882.1M | $1.17B | $22.9M | $8.89B | $9.68B | $12.07B |
| Gross Profit | $6.12B | $7.04B | $8.53B | $1.19B | $1.87B | $1.87B |
| Operating Income | $5.21B | $5.96B | $7.20B | -$504.6M | $120.9M | -$387.0M |
| Pre-Tax Income | $870.9M | $975.1M | $1.33B | $1.19B | $1.87B | $1.87B |
| Income Tax | $12.8M | $20.1M | $211.0M | $219.1M | $404.4M | $368.0M |
| Net Income | $818.8M | $906.8M | $1.11B | $969.5M | $1.46B | $1.49B |
| Diluted EPS | $4.20 | $4.37 | $5.19 | $4.42 | $6.50 | $5.74 |
Arthur J. Gallagher Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $3.37B | $3.63B | $4.76B | $4.00B |
| Net Income | $272.7M | $151.1M | $822.0M | $324.0M |
| Diluted EPS | $1.04 | — | $3.16 | $1.25 |
Arthur J. Gallagher Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $664.6M | $402.6M | $342.3M | — | — | — |
| Current Assets | $11.12B | $17.67B | $22.83B | $32.12B | $44.11B | $34.36B |
| Total Assets | $22.33B | $33.34B | $38.91B | $51.62B | $64.26B | $70.67B |
| Current Liabilities | $10.13B | $16.73B | $21.89B | $31.06B | $29.26B | $32.52B |
| Total Long-Term Debt | $4.27B | $5.81B | $5.56B | $7.01B | $12.73B | $12.87B |
| Total Liabilities | $16.10B | $24.78B | $29.72B | $40.80B | $44.08B | $47.32B |
| Shareholders' Equity | $6.19B | $8.51B | $9.14B | $10.78B | $20.15B | $23.32B |
Arthur J. Gallagher Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.75B | $1.70B | $2.13B | $2.03B | $2.58B | $1.93B |
| Cash From Investing | -$416.8M | -$3.43B | -$1.00B | -$3.29B | -$1.59B | -$15.88B |
| Cash From Financing | -$505.1M | $2.68B | -$522.8M | $2.87B | $13.05B | $1.71B |
Figures from Arthur J. Gallagher's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Arthur J. Gallagher financials page for every line item.
Arthur J. Gallagher Company Profile
| Ticker | AJG |
|---|---|
| Exchange | NYSE |
| Industry | Insurance Agents, Brokers & Service |
| Headquarters | Rolling Meadows, Illinois |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000354190 |
Frequently Asked Questions
What was Arthur J. Gallagher's revenue in fiscal 2025?
Arthur J. Gallagher (AJG) reported revenue of $13.94B for fiscal 2025.
What is Arthur J. Gallagher's annual revenue history?
Arthur J. Gallagher's annual revenue by fiscal year: 2020: $7.00B; 2021: $8.21B; 2022: $8.55B; 2023: $10.07B; 2024: $11.55B; 2025: $13.94B.
What was Arthur J. Gallagher's net income in fiscal 2025?
Arthur J. Gallagher reported net income of $1.49B for fiscal 2025.
What was Arthur J. Gallagher's earnings per share (EPS) in fiscal 2025?
Arthur J. Gallagher's diluted EPS was $5.74 for fiscal 2025 (adjusted for any later stock splits).
What was Arthur J. Gallagher's revenue last quarter?
In its most recent reported quarter (2026 Q2), Arthur J. Gallagher reported revenue of $4.00B.
How much debt does Arthur J. Gallagher have?
Arthur J. Gallagher reported $12.87B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Arthur J. Gallagher are outstanding?
Arthur J. Gallagher reported a weighted average of 256.7 million basic shares outstanding in 2026 Q2.
What is Arthur J. Gallagher's market cap?
Based on its latest closing price, Arthur J. Gallagher (AJG) has a market capitalization of about $59.79B.
When does Arthur J. Gallagher's fiscal year end?
Arthur J. Gallagher's fiscal year end, as registered with the SEC, is December 31.
Where is Arthur J. Gallagher headquartered?
Arthur J. Gallagher lists its business address in Rolling Meadows, Illinois in its SEC filings.