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Arthur J. Gallagher & Co. (AJG)

As-reported financials and recent SEC filings for Arthur J. Gallagher & Co., latest fiscal period FY2025. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Arthur J. Gallagher & Co.

Arthur J. Gallagher & Co. provides insurance brokerage, reinsurance brokerage, consulting, and third-party property and casualty claims settlement and administration services globally. The company serves commercial, nonprofit, public sector entities, insurance companies, and individuals through its brokerage and risk management segments. Its services include placing insurance and reinsurance coverage, managing risk and employer-sponsored benefit programs, and administering claims for self-insured entities.

Snapshot

Revenue
$13.94B
Revenue growth (YoY)
20.7%
Net income
$1.49B
Diluted EPS
$5.74
Gross margin
Operating margin
Net margin
10.7%
FCF margin
ROE
6.4%
P/E (TTM)
41.1×
Market cap
Debt / equity
0.5×

Fundamentals are from SEC filings. P/E and market cap are derived from recent market prices, refreshed on a rolling basis (typically within the past week).

What changed at Arthur J. Gallagher

  • Revenue grew 20.7% to $13.9B in FY2025, faster than the 14.7% the year before.
  • Most recent quarter Q1 FY2026: revenue $4.8B, up 27.7% from Q1 FY2025.
  • Net income rose 2.1% to $1.5B in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Arthur J. Gallagher’s fundamentals sit among the 88 insurance companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Net margin10.7%
48th percentile of 82
Revenue growth (YoY)+20.7%
68th percentile of 88
ROE6.4%
24th percentile of 73
P/E (TTM)41.1×
90th percentile of 71
Debt / equity0.52×
77th percentile of 48
Short interest4.30d
56th percentile of 87

Arthur J. Gallagher’s P/E of 41.1 ranks in the 90th percentile of the 71 peers with a meaningful P/E.

No open-market insider buys in the last 90 days; 1 insider sale totaling $618,000. For context, about 16% of companies in the universe saw any open-market insider buying in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 3 of the superinvestors we track (plus 5 quant / multi-strat books), based on each investor’s most recent 13F (latest Q1 2026).

Conviction investors
3
+5 quant / multi-strat
Initiated / added
5
0 new, 5 added
Reduced / exited
6
3 trimmed, 3 exited
Combined position
$2.04B
reported long value
InvestorAs ofPosition valueSharesChange
Dodge & CoxQ1 2026$1.59B7.4MAdded
Citadel AdvisorsquantQ1 2026$165.2M762.7KAdded
Viking Global InvestorsQ1 2026$157.5M727.4KReduced
Millennium ManagementquantQ1 2026$50.7M234.0KAdded
AQR Capital ManagementquantQ1 2026$31.8M147.1KReduced
Renaissance TechnologiesquantQ1 2026$16.6M76.6KAdded
Gotham Asset ManagementQ1 2026$13.8M63.6KAdded
Point72 Asset ManagementquantQ1 2026$6.7M30.9KReduced

No longer held by: D. E. Shaw (as of Q1 2026), Sands Capital Management (as of Q1 2026), Two Sigma Investments (as of Q1 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
open-market
Bought (90d)
open-market value
Sells (90d)
1
$618K
Signal
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-06-02
CARY RICHARD CController, CAOSell3.0K$206.00$618K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
8.0M
settled 2026-07-15
Change vs prior
+17.2%
vs previous settlement
Days to cover
4.30
at avg daily volume
Avg daily volume
1.9M
FINRA reported
SettlementShares shortChangeDays to cover
2026-07-158.0M+17.2%4.30
2026-06-306.8M-0.8%3.36
2026-06-156.9M+35.9%3.82
2026-05-295.1M-6.3%3.16
2026-05-155.4M-9.6%2.50
2026-04-306.0M-7.1%3.88
2026-04-156.4M+10.2%3.20
2026-03-315.8M+16.4%2.64

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$13.94B$11.55B$10.07B$8.55B$8.21B
Gross profit$7.04B
Operating income
Net income$1.49B$1.46B$970.0M$1.11B$906.8M
Diluted EPS$5.74$6.50$4.42$5.19$4.37

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$1.40B$14.99B$971.0M$738.4M$867.7M
Current assets$34.36B$44.11B$32.12B$22.29B$17.67B
Total assets$70.67B$64.25B$51.62B$38.36B$33.24B
Current liabilities$32.52B$29.26B$31.06B$21.34B$16.73B
Long-term debt$12.10B$12.73B$7.01B$5.56B$5.81B
Total liabilities$47.32B$44.08B$40.80B$29.17B$24.78B
Total equity$23.35B$20.18B$10.82B$9.19B$8.51B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$1.93B$2.58B$2.03B$1.39B$1.39B
Capital expenditure
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full methodology.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$4.76B27.7%$822.0M$3.16
Q4 FY2025$3.63B33.6%$151.1M$0.58
Q3 FY2025$3.37B19.9%$272.7M$1.04
Q2 FY2025$3.22B16.0%$365.8M$1.40
Q1 FY2025$3.73B14.4%$704.0M$2.72
Q4 FY2024$2.72B11.7%$258.6M$1.10
Q3 FY2024$2.81B12.6%$312.6M$1.39
Q2 FY2024$2.78B13.7%$283.4M$1.27

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorFinancials
SIC industryInsurance Agents, Brokers & Service
Fiscal year endDecember 31
Latest fiscal periodFY2025
SEC filings since2018
SEC CIK354190

Recent SEC filings

10-K2026-02-17
View on EDGAR →
10-K2025-02-18
View on EDGAR →
10-Q2026-05-07
View on EDGAR →
10-Q2025-11-10
View on EDGAR →
10-Q2025-08-01
View on EDGAR →
10-Q2025-05-02
View on EDGAR →
8-K2026-06-17
View on EDGAR →
8-K2026-05-13
View on EDGAR →

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.