Arthur J. Gallagher & Co. AJG

231.10 3.97 1.75% as of 25 Sep
Market cap
$58.2B
P/E
37.8×
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Arthur J. Gallagher & Co. (AJG) Gross margin

Arthur J. Gallagher & Co.'s gross margin over the twelve months to 30 June 2026 was 43.0%, down 0.8 percentage points from fiscal 2025 (43.8%). Over the past ten years it has ranged from 29.9% (fiscal 2017) to 43.8% (fiscal 2025) — the current reading is the highest in ten years. That is in line with the Insurance Brokers industry median of 43.0% and below the Financial sector median of 69.9%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 43.8% 0.19
FY2024 43.6% (0.04)
FY2023 43.6% 0.00
FY2022 43.6% 5.73
FY2021 37.9% (0.04)
FY2020 37.9% 3.13
FY2019 34.8% 4.61
FY2018 30.2% 0.31
FY2017 29.9% (0.68)
FY2016 30.5% 0.65

Quarterly

Period Gross margin Change (points)
Jun 2026 41.8% (5.33)
Mar 2026 47.1% 8.03
Dec 2025 39.1% (3.51)
Sep 2025 42.6% (1.41)
42 more quarters

Against its own ten years

Low 29.9% High 43.8%
Ten-year median 37.9%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
ARX Accelerant Holdings compare 100.0%
MRSH Marsh compare 100.0%
WTW Willis Towers Watson Public Limited Company compare 100.0%
BRO Brown & Brown, Inc. compare 50.6%
AON Aon plc compare 48.6%
AJG Arthur J. Gallagher & Co. 43.0%
BWIN Baldwin Insurance Group, Inc. compare 30.3%
CRVL CorVel Corp. compare 24.8%
ERIE Erie Indemnity Company compare 17.9%
Insurance Brokers industry median 43.0%
Financial sector median 69.9%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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