Arthur J. Gallagher revenue and financials
$229.85Change from previous close: +1.15%Absolute change: +$2.61
In the fiscal year ended December 2025, Arthur J. Gallagher reported revenue of $13.94B (+20.66% year over year). Net income was $1.49B, a net margin of 10.7%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +20.66%
- 2025 vs 2024
- Net income growth
- +2.12%
- 2025 vs 2024
- Net margin
- 10.7%
- 2024: 12.7%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 1,930 | 2,583 | 2,032 | 1,390 | 1,392 | 1,807 | 1,191 | 765 | 854 | 650 |
| Depreciation and amortization | 1,122 | 843 | 697 | 600 | 566 | 562 | 474 | 419 | 386 | 351 |
| Capital expenditure | -145 | -142 | -194 | -183 | -129 | — | — | — | — | -218 |
| Investing cash flow | -15,876 | -1,587 | -3,293 | -1,005 | -3,432 | — | — | — | — | — |
| Financing cash flow | 1,713 | 13,052 | 2,874 | 213 | 2,996 | — | — | — | — | — |
| Dividends paid | -667 | -525 | -474 | -430 | -392 | -347 | -321 | -302 | -283 | -272 |
| Share repurchases | — | — | — | — | — | — | — | -11.3 | -17.7 | -101 |
| Debt issued | 2,546 | 7,215 | 5,471 | 2,595 | 2,994 | — | — | — | — | — |
| Debt repaid | -2,758 | -1,948 | -3,610 | -2,757 | -1,235 | — | — | — | — | — |
| Effect of exchange rates | 303 | -123 | -34.0 | -99.9 | -64.5 | — | — | — | — | — |
| Net change in cash | -11,930 | 13,925 | 1,579 | 498 | 892 | — | — | — | — | — |
| Free cash flow | 1,785 | 2,441 | 1,838 | 1,207 | 1,264 | — | — | — | — | — |
| Levered free cash flow | 1,075 | 2,743 | 1,059 | 1,634 | 886 | — | — | — | — | — |