Arthur J. Gallagher & Co.

Financials Insurance Brokers Rolling Meadows, Illinois Last filing Feb 17, 2026 · FY2025

                    Revenue
                    FY2025
                
Not reported
                    
                    No matching line (14 accounts checked)
                    
                    Net income
                    FY2025
                
$1.5B
                    
                    +2.1%
                    
                    Total assets
                    FY2025
                
$70.7B
                    ROA +2.1%
                    
                    P44
                    
                    +10.0%
                    
                    Operating cash flow
                    FY2025
                
$1.9B
                    
                    -25.3%

18 yrs · FY2008–FY2025 7 filed · 0 derived · 2 blank

1Y 3Y 5Y 10Y

Dollars % of revenue % of assets YoY % CAGR

Running CAGR since the earliest displayed year.

Balance Sheet

Assets, liabilities, and equity

30 accounts · 5 years

Total assets $70.7B

Total liabilities $47.3B

Shareholders equity $23.3B

Account	2025	2024	2023	2022	2021
Assets
Cash and Cash Equivalents	+36.5%	+233.9%	+55.3%	-15.0%	—
Accounts Receivable	-18.5%	-30.8%	-43.2%	-95.4%	—
Prepaid Expenses	+50.7%	+44.5%	+61.9%	+751.2%	—
Other Current Assets	-11.6%	-29.1%	-44.3%	+0.7%	—
Total Current Assets	+18.1%	+35.7%	+34.8%	+29.2%	—
Property,Plant and Equipment	+12.0%	+9.1%	+20.4%	+15.1%	—
Operating Lease Assets	+13.6%	+1.8%	+5.7%	-3.3%	—
Goodwill	+27.1%	+12.3%	+15.1%	+9.5%	—
Intangible Assets	+28.2%	+4.6%	+8.2%	-14.7%	—
Deferred Tax Assets	-56.7%	-7.9%	-4.0%	+5.7%	—
Other Noncurrent Assets	+13.5%	+11.9%	+8.2%	+2.4%	—
Total Assets	+20.7%	+24.4%	+24.4%	+15.0%	—
Liabilities
Accounts Payable	—	—	—	—	—
Accrued Liabilities	+18.1%	+20.5%	+36.2%	+30.8%	—
Deferred Revenue	+9.1%	+1.0%	+11.3%	+5.0%	—
Current Portion of Long Term Debt	+27.1%	-6.5%	+65.4%	+26.5%	—
Operating Lease Liabilities	+13.6%	+2.0%	+6.7%	-2.9%	—
Total Current Liabilities	+18.1%	+20.5%	+36.2%	+30.8%	—
Long Term Debt	+20.1%	+29.9%	+9.8%	-4.3%	—
Deferred Revenue Noncurrent	+27.5%	+4.6%	+2.4%	+6.6%	—
Operating Lease Liabilities Noncurrent	+13.6%	+2.0%	+6.7%	-2.9%	—
Other Noncurrent Liabilities	+2.0%	-3.4%	+11.2%	+1.7%	—
Total Liabilities	+17.5%	+21.2%	+28.3%	+19.9%	—
Equity
Common Stock	+5.4%	+6.2%	+1.9%	+1.6%	—
Additional Paid In Capital	+30.4%	+37.8%	+9.0%	+6.0%	—
Retained Earnings	+19.1%	+20.0%	+18.6%	+23.6%	—
Accumulated Other Comprehensive Income	—	—	—	—	—
Noncontrolling Interest	-15.8%	-20.4%	-12.0%	-9.9%	—
Total Stockholders Equity	+28.7%	+33.3%	+12.5%	+7.5%	—
Total Liabilitiesand Equity	+20.7%	+24.4%	+24.4%	+16.7%	—

Income Statement

Revenue, expense, and profitability

14 accounts · 5 years

Revenue Not reported

Operating income Not reported

Net income $1.5B

Account	2025	2024	2023	2022	2021
IncomeStatement
Expenses Cost of Revenue	+79.1%	+102.1%	+175.2%	-98.0%	—
Expenses Depreciation and Amortization	+18.6%	+14.2%	+10.9%	+5.9%	—
Expenses Share Based Compensation	+38.3%	+46.3%	+52.1%	+82.1%	—
Expenses Operating Expenses	+20.5%	+17.8%	+25.5%	+24.1%	—
Other Income Expense Interest Expense	+29.7%	+19.0%	+14.6%	+13.6%	—
Other Income Expense Other Income/expense	+7.8%	+10.6%	-31.4%	-35.3%	—
Other Income Expense Income Before Tax	+17.7%	+24.4%	+10.2%	+36.1%	—
Income Tax Income Tax Expense	+106.9%	+171.9%	+230.1%	+949.8%	—
net Income net Income	+13.3%	+17.3%	+3.4%	+22.9%	—
net Income Comprehensive Income	+26.7%	+10.3%	+26.5%	-14.9%	—
Earnings Per Share Basic Eps	+6.9%	+14.0%	+0.4%	+18.6%	—
Earnings Per Share Diluted Eps	+7.1%	+14.2%	+0.6%	+18.8%	—
Earnings Per Share Weighted Average Shares Basic	+6.0%	+2.8%	+3.0%	+3.7%	—
Earnings Per Share Weighted Average Shares Diluted	+6.0%	+2.8%	+3.0%	+3.7%	—

Cash Flow Statement

Operating, investing, and financing flows

17 accounts · 5 years

Operating cash flow $1.9B

Investing cash flow $-15.9B

Financing cash flow $1.7B

Account	2025	2024	2023	2022	2021
CashFlow
Operating Activities net Income	+13.3%	+17.3%	+3.4%	+22.9%	—
Operating Activities Depreciation and Amortization	+18.6%	+14.2%	+10.9%	+5.9%	—
Operating Activities Stock Based Compensation	+38.3%	+46.3%	+52.1%	+82.1%	—
Operating Activities Deferred Income Taxes	—	—	—	—	—
Operating Activities Changes In Operating Assets and Liabilities	+3.2%	—	+68.2%	+78.6%	—
Operating Activities net Cash From Operating Activities	+8.5%	+22.9%	+20.8%	-0.2%	—
Investing Activities Capital Expenditures	+3.0%	+3.4%	+22.8%	+42.1%	—
Investing Activities Other Investing Activities	—	—	—	—	—
Investing Activities net Cash From Investing Activities	—	—	—	—	—
Financing Activities Proceeds From Debt	+11.0%	-0.3%	+50.4%	+53.2%	—
Financing Activities Repayment of Debt	+19.8%	+15.6%	+71.0%	+106.9%	—
Financing Activities Dividends Paid	+14.2%	+10.2%	+10.0%	+9.6%	—
Financing Activities Proceeds From Stock Issuance	-0.8%	+76.5%	-72.1%	-92.0%	—
Financing Activities net Cash From Financing Activities	-13.0%	+63.3%	-2.1%	-92.9%	—
Cash Reconciliation net Change In Cash	—	+149.9%	+33.0%	-44.2%	—
Cash Reconciliation Cash At Beginning of Period	-25.2%	+49.7%	-53.4%	-83.5%	—
Cash Reconciliation Cash At End of Period	-25.2%	+49.7%	-53.4%	-83.5%	—

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 5 years

Ratio	2025	2024	2023	2022	2021
Profitability
Gross margin	—	—	—	—	—
Operating margin	—	—	—	—	—
Net margin	—	—	—	—	—
FCF margin	—	—	—	—	—
Growth
Revenue CAGR (3y)	—	—	—	—	—
Returns
ROE	+6.4%	+7.3%	+9.0%	+12.2%	+10.7%
ROA	+2.1%	+2.3%	+1.9%	+2.9%	+2.7%
ROIC	—	—	—	—	—
Liquidity
Current ratio	1.06x	1.51x	1.03x	1.04x	1.06x
Quick ratio	0.20x	0.65x	0.15x	0.04x	0.73x
Leverage
D/E	2.03x	2.19x	3.79x	3.25x	2.91x
Interest coverage	—	—	—	—	—
Efficiency
Asset turnover	—	—	—	—	—
Cash conversion cycle	—	—	—	—	—

Valuation

Price against fundamentals

AJG $306 · 2025-09-29 · 351d old · FY2025

Market cap $78.3B

P/E 52.40x

P/S —

P/B 3.36x

EV $89.6B

EV/EBITDA —

FCF yield +2.3%

Dividend yield +0.9%

Notes

Your annotations

Not watched