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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 3,857 | 4,630 | 3,465 | 3,158 | 2,946 | 3,441 | 2,535 | 2,631 | 2,637 | 3,125 | 2,274 | 2,352 |
| Cost of revenue | 2,174 | 2,398 | 2,184 | 1,828 | 1,693 | 1,819 | 1,619 | 1,516 | 1,526 | 1,640 | 1,414 | 1,373 |
| Gross profit | 1,683 | 2,232 | 1,280 | 1,330 | 1,253 | 1,622 | 916 | 1,115 | 1,111 | 1,485 | 861 | 979 |
| Selling, general and administrative | 607 | 579 | 580 | 513 | 495 | 450 | 400 | 418 | 399 | 406 | 410 | 390 |
| Operating income | 739 | 1,315 | 362 | 544 | 528 | 958 | 302 | 493 | 515 | 871 | 261 | 417 |
| EBIT | 739 | 1,315 | 362 | 544 | 528 | 958 | 302 | 493 | 515 | 871 | 261 | 417 |
| EBITDA | 1,076 | 1,653 | 700 | 818 | 758 | 1,172 | 516 | 697 | 712 | 1,079 | 451 | 586 |
| Interest expense | 168 | 158 | 161 | 161 | 158 | 158 | 102 | 92.9 | 94.3 | 92.2 | 78.2 | 72.8 |
| Pre-tax income | 414 | 1,043 | 180 | 347 | 473 | 873 | 333 | 403 | 366 | 773 | -82.2 | 364 |
| Income tax | 90.0 | 220 | 25.7 | 73.3 | 105 | 164 | 74.6 | 89.2 | 80.2 | 160 | -42.6 | 80.9 |
| Net income | 324 | 822 | 151 | 273 | 368 | 704 | 259 | 313 | 283 | 608 | -32.2 | 281 |
| Net income to common shareholders | 324 | 822 | 151 | 273 | 368 | 704 | 259 | 313 | 283 | 608 | -32.2 | 281 |
| Basic EPS | 1.26 | 3.20 | 0.59 | 1.06 | 1.44 | 2.76 | 1.14 | 1.43 | 1.30 | 2.80 | -0.15 | 1.30 |
| Diluted EPS | 1.25 | 3.16 | 0.58 | 1.04 | 1.40 | 2.72 | 1.12 | 1.39 | 1.27 | 2.74 | -0.15 | 1.28 |
| Average shares (basic) | 257 | 257 | 257 | 257 | 256 | 255 | 226 | 219 | 219 | 218 | 216 | 216 |
| Average shares (diluted) | 259 | 260 | 260 | 260 | 260 | 259 | 231 | 224 | 223 | 222 | 216 | 220 |
| Dividend per share | 0.70 | 0.70 | 0.65 | 0.65 | 0.65 | 0.65 | 0.60 | 0.60 | 0.60 | 0.60 | 0.55 | 0.55 |
