AJG
Arthur J. Gallagher & Co.
NYSE · Financial Services · Insurance - Brokers · US
$262.66
−1.50%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 15.8B | 13.9B | 11.6B | 10.1B | 8.6B |
| Cost of Revenue | 4.0B | 6.3B | 6.7B | 5.8B | 5.0B |
| Gross Profit | 11.7B | 7.6B | 4.9B | 4.2B | 3.6B |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 5.6B | 7.0B | 6.5B | 5.7B | 4.8B |
| General & Admin Expense | 5.6B | 7.0B | 6.5B | 5.7B | 4.8B |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 3.4B | (1.9B) | (3.9B) | (3.3B) | (2.9B) |
| Total Operating Expenses | 9.1B | 5.1B | 2.6B | 2.4B | 1.9B |
| Cost and Expenses | 13.1B | 11.4B | 9.3B | 8.2B | 6.9B |
| Operating Income (EBIT) | 2.7B | 2.5B | 2.3B | 1.9B | 1.7B |
| Non-Operating | |||||
| Interest Income | 184.0M | — | — | — | — |
| Interest Expense | 647.8M | 638.8M | 381.3M | 296.7M | 256.9M |
| Net Interest Income | (463.8M) | (638.8M) | (381.3M) | (296.7M) | (256.9M) |
| Other Non-Op Income/Expense | (699.7M) | (677.9M) | (407.3M) | (674.0M) | (339.9M) |
| Non-Operating Income (excl Interest) | 51.9M | 10.2M | 26.0M | 377.3M | 83.0M |
| EBT (Pre-Tax Income) | 2.0B | 1.9B | 1.9B | 1.2B | 1.3B |
| Income Tax Expense | 409.3M | 368.3M | 404.4M | 219.1M | 211.0M |
| Bottom Line | |||||
| Net Income | 1.6B | 1.5B | 1.5B | 969.5M | 1.1B |
| Earnings from Cont. Ops | 1.6B | 1.5B | 1.5B | 966.0M | 1.1B |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 1.6B | 1.5B | 1.5B | 969.5M | 1.1B |
| Per Share | |||||
| Basic EPS | $6.10 | $5.83 | $6.63 | $4.51 | $5.30 |
| Diluted EPS | $6.04 | $5.75 | $6.53 | $4.42 | $5.19 |
| Revenue Per Share | $61.39 | $53.55 | $52.40 | $46.87 | $40.66 |
| Shares | |||||
| Basic Shares Outstanding | 256.6M | 260.3M | 220.5M | 214.9M | 210.3M |
| Diluted Shares Outstanding | 258.7M | 260.3M | 223.9M | 219.3M | 214.7M |
| Profitability Metrics | |||||
| EBITDA | 4.0B | 3.7B | 3.1B | 2.2B | 2.2B |
| D&A | 1.3B | 1.1B | 842.3M | 696.5M | 599.6M |
| EBIT | 2.6B | 2.5B | 2.3B | 1.5B | 1.6B |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026