# Arthur J. Gallagher & Co.: overview

AJG · NYSE · CIK 354190 · [Financials](/sectors/financials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/ajg.md) · [Financials](/companies/ajg/financials.md) · [Filings](/companies/ajg/filings.md) · [Insiders](/companies/ajg/insiders.md)

Latest reported revenue: [$4.00bn](/filings/0001628280-26-053489.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 5, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001628280-26-053489).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [2,807](/filings/0001628280-25-050734.md) | [2,716 d](/filings/0001628280-26-008662.md) | [3,727](/filings/0001628280-26-031592.md) | [3,222](/filings/0001628280-26-053489.md) | [3,366](/filings/0001628280-25-050734.md) | [3,628 d](/filings/0001628280-26-008662.md) | [4,758](/filings/0001628280-26-031592.md) | [4,003](/filings/0001628280-26-053489.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [11.1%](/filings/0001628280-25-050734.md) | [9.5% d](/filings/0001628280-26-008662.md) | [18.9%](/filings/0001628280-26-031592.md) | [11.4%](/filings/0001628280-26-053489.md) | [8.1%](/filings/0001628280-25-050734.md) | [4.2% d](/filings/0001628280-26-008662.md) | [17.3%](/filings/0001628280-26-031592.md) | [8.1%](/filings/0001628280-26-053489.md) |
| Diluted EPS | $ per share | [1.39](/filings/0001628280-25-050734.md) | not reported | [2.72](/filings/0001628280-26-031592.md) | [1.40](/filings/0001628280-26-053489.md) | [1.04](/filings/0001628280-25-050734.md) | not reported | [3.16](/filings/0001628280-26-031592.md) | [1.25](/filings/0001628280-26-053489.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [8.2](/filings/0000950170-24-013370.md) | [8.6](/filings/0000950170-25-021775.md) | [10.1](/filings/0001628280-26-008662.md) | [11.6](/filings/0001628280-26-008662.md) | [13.9](/filings/0001628280-26-008662.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [11.0%](/filings/0000950170-24-013370.md) | [13.0%](/filings/0000950170-25-021775.md) | [9.6%](/filings/0001628280-26-008662.md) | [12.7%](/filings/0001628280-26-008662.md) | [10.7%](/filings/0001628280-26-008662.md) |
| Diluted EPS | $ per share | [4.37](/filings/0000950170-24-013370.md) | [5.19](/filings/0000950170-25-021775.md) | [4.42](/filings/0001628280-26-008662.md) | [6.50](/filings/0001628280-26-008662.md) | [5.74](/filings/0001628280-26-008662.md) |
| Free cash flow | $bn | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/ajg/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $4.55bn | 19,822,870 |  | Added +515,074 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $4.28bn | 18,645,620 |  | Added +4,024,657 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $3.85bn | 16,777,183 |  | Added +77,285 |
| [JPMORGAN CHASE & CO](/funds/19617.md) | 2026-06-30 | $3.26bn | 14,356,764 |  | Reduced −5,211,283 |
| [Capital World Investors](/funds/1422849.md) | 2026-06-30 | $2.87bn | 12,511,991 |  | Reduced −1,305,729 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $2.86bn | 12,454,725 |  | Added +35,446 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $2.60bn | 11,303,790 |  | Added +329,869 |
| [Dodge & Cox](/funds/200217.md) | 2026-06-30 | $2.15bn | 9,363,634 |  | Added +2,008,719 |
| [NORGES BANK](/funds/1374170.md) | 2026-06-30 | $1.55bn | 6,733,790 |  | New +6,733,790 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $1.45bn | 6,298,870 |  | Added +55,230 |

## Recent filings

[All 2,019 filings](/companies/ajg/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-27 | 19:19 ET | [8-K](/filings/0000354190-26-000197.md) | 5.02 Departure or appointment of officers or directors | 0000354190-26-000197 |
| 2026-08-05 | 17:03 ET | [10-Q](/filings/0001628280-26-053489.md) | Quarterly report, period 2026-06-30 | 0001628280-26-053489 |
| 2026-07-30 | 16:18 ET | [8-K](/filings/0001628280-26-051070.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure | 0001628280-26-051070 |
| 2026-07-29 | 08:12 ET | [8-K](/filings/0000354190-26-000184.md) | 8.01 Other events | 0000354190-26-000184 |
| 2026-06-17 | 08:51 ET | [8-K](/filings/0000354190-26-000171.md) | 7.01 Regulation FD disclosure | 0000354190-26-000171 |
| 2026-05-13 | 11:47 ET | [8-K](/filings/0000354190-26-000142.md) | 5.07 Shareholder vote results | 0000354190-26-000142 |
| 2026-05-07 | 20:31 ET | [10-Q](/filings/0001628280-26-031592.md) | Quarterly report, period 2026-03-31 | 0001628280-26-031592 |
| 2026-04-30 | 16:19 ET | [8-K](/filings/0000354190-26-000132.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000354190-26-000132 |
| 2026-03-23 | 16:34 ET | [DEF 14A](/filings/0000354190-26-000101.md) | Proxy statement, period 2026-05-12 | 0000354190-26-000101 |
| 2026-03-17 | 16:00 ET | [8-K](/filings/0000354190-26-000073.md) | 7.01 Regulation FD disclosure | 0000354190-26-000073 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001628280-26-008662.md), filed Feb 17, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/a5903bd7-fa6a-4a64-9544-08290fe81319)

## About the filer

- CIK: 354190
- Tickers: AJG
- Exchange: NYSE
- SIC code: 6411 Insurance Agents, Brokers & Service
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 16:20 ET. No prices; not investment advice.