Arthur J. Gallagher Financial Statements
NYSE: AJGFinanceSpecialty InsurersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Arthur J. Gallagher revenue and earnings
In fiscal 2025, Arthur J. Gallagher generated $13.94 billion in revenue, up 20.7% from fiscal 2024, its 5th consecutive year of revenue growth. Net income was $1.49 billion (+2.1% year over year), for a net margin of 10.7% versus a median of 11.7% in the prior 5 years. Diluted earnings per share came in at $5.74, down from $6.50.
Over the last 5 fiscal years, AJG's revenue has grown at a 14.8% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Arthur J. Gallagher income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 13.94B | 11.55B | 10.07B | 8.55B | 8.21B | 7.00B | 7.20B | 6.93B | 6.16B | 5.59B |
| Revenue growth (YoY) | +20.66% | +14.72% | +17.79% | +4.16% | +17.22% | -2.66% | +3.76% | +12.57% | +10.10% | +3.75% |
| Cost of Revenue | — | — | — | 22.90M | 1.17B | 882.10M | 1.35B | 1.82B | 1.64B | 1.41B |
| Gross Profit | — | — | — | 8.53B | 7.04B | 6.12B | 5.84B | 5.12B | 4.52B | 4.19B |
| Operating Expenses | 2.26B | 1.75B | 1.69B | 1.33B | 1.07B | 906.50M | 1.07B | 903.70M | 829.10M | 776.30M |
| Interest Expense | 639.00M | 381.00M | 297.00M | 256.90M | 226.10M | 196.40M | 179.80M | 138.40M | 124.10M | 109.80M |
| Pretax Income | 1.87B | 1.88B | 1.19B | 1.33B | 975.10M | 870.90M | 626.10M | 479.40M | 359.80M | 333.60M |
| Income Tax | 368.00M | 404.00M | 219.00M | 211.00M | 20.10M | 12.80M | -89.70M | -196.50M | -157.10M | -96.70M |
| Net Income | 1.49B | 1.46B | 970.00M | 1.11B | 906.80M | 818.80M | 668.80M | 633.50M | 481.30M | 396.80M |
| Net Income growth (YoY) | +2.12% | +50.82% | -12.94% | +22.87% | +10.75% | +22.43% | +5.57% | +31.62% | +21.30% | +11.21% |
| EPS (Basic) | 5.83 | 6.63 | 4.51 | 5.30 | 4.47 | 4.29 | 3.60 | 3.47 | 2.67 | 2.23 |
| EPS (Diluted) | 5.74 | 6.50 | 4.42 | 5.19 | 4.37 | 4.20 | 3.52 | 3.40 | 2.64 | 2.22 |
| Shares Outstanding (Basic) | 256.10M | 220.50M | 214.90M | 210.30M | 202.70M | 191.00M | 186.00M | 182.70M | 180.10M | 177.60M |
| Gross Margin | — | — | — | 99.73% | 85.71% | 87.41% | 81.20% | 73.81% | 73.44% | 74.82% |
| Net Margin | 10.72% | 12.66% | 9.63% | 13.03% | 11.05% | 11.69% | 9.30% | 9.14% | 7.81% | 7.09% |
This table shows 10 annual periods of Arthur J. Gallagher's income statement, from FY 2025 back to FY 2016, across 13 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow AJG's reporting calendar. What is a income statement?