Arthur J. Gallagher Cash Flow Statement
NYSE: AJGFinanceSpecialty InsurersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Arthur J. Gallagher free cash flow
In fiscal 2025, Arthur J. Gallagher generated $1.93 billion of operating cash flow and spent $145.0 million on capital expenditures. That left free cash flow of $1.78 billion, a free-cash-flow margin of 12.8% of revenue. Free cash flow was down 26.9% from the prior year's $2.44 billion.
Arthur J. Gallagher returned $667.0 million to shareholders through dividends, equal to 37% of free cash flow. Free cash flow covered dividend payments 2.7 times.
Summary generated from market data by MetaCap's automated system. Methodology
Arthur J. Gallagher cash flow 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1.50B | 1.47B | 966.00M | 1.12B | 955.00M | 858.10M | 715.80M | 675.90M | 516.90M | 430.30M |
| Net Income growth (YoY) | +2.18% | +52.28% | -13.44% | +16.86% | +11.29% | +19.88% | +5.90% | +30.76% | +20.13% | +10.59% |
| Depreciation & Amortization | 1.12B | 843.00M | 697.00M | 599.60M | 566.30M | 562.40M | 474.40M | 419.00M | 385.80M | 350.80M |
| Stock-Based Compensation | 49.00M | 42.00M | 31.00M | 24.40M | 13.40M | 13.60M | 14.00M | 13.70M | 17.30M | 14.70M |
| Change in Working Capital | -552.00M | -295.00M | -562.00M | -362.00M | -252.00M | -4.00M | 24.20M | -116.30M | -34.40M | -30.40M |
| Operating Cash Flow | 1.93B | 2.58B | 2.03B | 1.39B | 1.39B | 1.81B | 1.19B | 765.10M | 854.20M | 649.60M |
| Capital Expenditures | -145.00M | -142.00M | -194.00M | -182.70M | -128.60M | -99.30M | -138.80M | -124.40M | -129.20M | -217.80M |
| Investing Cash Flow | -15.88B | -1.59B | -3.29B | -1.00B | -3.43B | -471.40M | -1.45B | -910.30M | -511.00M | -485.30M |
| Dividends Paid | -667.00M | -525.00M | -474.00M | -429.50M | -392.00M | -347.40M | -321.10M | -301.80M | -282.70M | -272.20M |
| Share Repurchases | — | — | — | — | — | — | — | -11.30M | -17.70M | -101.00M |
| Debt Issued | — | — | — | — | 1.68B | 424.90M | 725.00M | 400.00M | 348.00M | 326.00M |
| Debt Repaid | — | — | — | — | — | — | — | — | -300.00M | -50.00M |
| Financing Cash Flow | 1.71B | 13.05B | 2.87B | 212.60M | 3.00B | -505.10M | 638.40M | 162.00M | -47.80M | -11.60M |
| Net Change in Cash | -11.93B | 13.93B | 1.58B | 497.90M | 892.00M | 950.40M | 387.10M | -68.20M | 367.40M | 45.10M |
| Free Cash Flow | 1.78B | 2.44B | 1.84B | 1.21B | 1.26B | 1.71B | 1.05B | 640.70M | 725.00M | 431.80M |
This table shows 10 annual periods of Arthur J. Gallagher's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow AJG's reporting calendar. What is a cash flow statement?