Arthur J. Gallagher & Co.

AJG · Large cap · 0 articles

Financial highlights

Metric	FY 12/31/25	FY 12/31/24	FY 12/31/23	FY 12/31/22	FY 12/31/21
Income Statement
Revenue	$13.9B	$11.6B	$10.1B	$8.6B	$8.2B
Operating expenses	$2.3B	$1.8B	$1.7B	$1.3B	$1.1B
Interest expense	$639.0M	$381.0M	$297.0M	$256.9M	$226.1M
Pretax income	$1.9B	$1.9B	$1.2B	$1.3B	$975.1M
Income tax expense	$368.0M	$404.0M	$219.0M	$211.0M	$20.1M
Net income	$1.5B	$1.5B	$970.0M	$1.1B	$906.8M
Balance Sheet
Cash and equivalents	—	—	—	$738.4M	$402.6M
Current assets	$34.4B	$44.1B	$32.1B	$22.3B	$17.7B
Total assets	$70.7B	$64.3B	$51.6B	$38.4B	$33.2B
Current liabilities	$32.5B	$29.3B	$31.1B	$21.3B	$16.7B
Total liabilities	$47.3B	$44.1B	$40.8B	$29.2B	$24.8B
Total debt	$13.0B	$13.2B	$8.0B	$6.5B	$6.3B
Stockholders' equity	$23.3B	$20.2B	$10.8B	$9.1B	$8.5B
Cash Flow Statement
Cash from operations	$1.9B	$2.6B	$2.0B	$1.4B	$1.4B
Depreciation and amortization	$1.1B	$843.0M	$697.0M	$599.6M	$566.3M
Stock-based compensation	$49.0M	$42.0M	$31.0M	$24.4M	$13.4M
Dividends paid	$667.0M	$525.0M	$474.0M	$429.5M	$392.0M
Impairments	—	$19.4M	$3.5M	$2.0M	$17.6M

Shares outstanding 256.9M · Free float 99.0%

Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.