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) Operating margin

Arthur J. Gallagher & Co.'s operating margin over the twelve months to 30 June 2026 was 16.7%, down 1.3 percentage points from fiscal 2025 (18.0%). Over the past ten years it has ranged from 7.35% (fiscal 2015) to 19.5% (fiscal 2024); the current reading is higher than 82% of that period. That is above the Insurance Brokers industry median of 15.4% and above the Financial sector median of 0.00%.

Operating margin, annual

Annual

Period Operating margin Change (points)
FY2025 18.0% (1.52)
FY2024 19.5% 4.81
FY2023 14.7% (3.81)
FY2022 18.5% 3.89
FY2021 14.6% (0.61)
FY2020 15.2% 4.04
FY2019 11.2% 2.29
FY2018 8.91% 1.17
FY2017 7.74% (0.07)
FY2016 7.81% 0.46

Quarterly

Period Operating margin Change (points)
Jun 2026 14.5% (10.70)
Mar 2026 25.2% 15.86
Dec 2025 9.38% (5.70)
Sep 2025 15.1% (4.50)
42 more quarters

Against its own ten years

Low 7.35% High 19.5%
Ten-year median 14.6%
Current reading's percentile 82

Operating margin against peers

Company Operating margin
BRO Brown & Brown, Inc. compare 28.7%
AON Aon plc compare 26.5%
WTW Willis Towers Watson Public Limited Company compare 22.2%
MRSH Marsh compare 21.6%
ARX Accelerant Holdings compare 21.2%
ERIE Erie Indemnity Company compare 17.9%
AJG Arthur J. Gallagher & Co. 16.7%
CRVL CorVel Corp. compare 15.4%
BWIN Baldwin Insurance Group, Inc. compare −6.88%
Insurance Brokers industry median 15.4%
Financial sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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