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Saturday 17 October 2026 Export AJG’s income statement to Excel — free account

Arthur J. Gallagher & Co.

AJG Financial Insurance Brokers

Arthur J. Gallagher & Co.’s revenue for fiscal 2025 (year ended December 2025) was $13.9 billion, up 20.7% from fiscal 2024. In the quarter to June 2026, revenue grew 24.2%, EPS fell 11.9%, free cash flow grew 91.2% and total debt fell 1.18%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years, revenue growth for five; insiders bought in the last twelve months.

253.93 3.83 +1.53%
Market cap
$64.1B
P/E
41.6×
Fwd P/E
23.0×
Dividend yield
1.08%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Arthur J. Gallagher & Co. (AJG) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Arthur J. Gallagher & Co. (AJG) trades at a P/B ratio of 2.7×. Over the past ten years it has ranged from 1.7× (January 2016) to 5.7× (November 2024); the current reading is higher than 31% of that period. That is below the Insurance Brokers industry median of 2.9× and above the Financial sector median of 1.2×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 2.8× (8.47%)
FY2024 3.1× (30.63%)
FY2023 4.5× 4.33%
FY2022 4.3× 6.66%
FY2021 4.0× 5.98%
FY2020 3.8× 11.63%
FY2019 3.4× 15.26%
FY2018 2.9× 13.15%
FY2017 2.6× 2.61%
FY2016 2.5× 32.76%

Quarterly newest first

Period P/B ratio Change
Jun 2026 2.5× 6.08%
Mar 2026 2.3× (17.59%)
Dec 2025 2.8× (17.01%)
Sep 2025 3.4× (3.85%)
42 more quarters

Against its own ten years

Low 1.7× High 5.7×
Ten-year median 3.3×
Current reading's percentile 25

P/B ratio against peers

Company P/B ratio
BRO Brown & Brown, Inc. compare 1.8×
BWIN Baldwin Insurance Group, Inc. compare 2.1×
AJG Arthur J. Gallagher & Co. 2.7×
WTW Willis Towers Watson Public Limited Company compare 3.8×
ERIE Erie Indemnity Company compare 4.6×
ARX Accelerant Holdings compare 5.8×
MRSH Marsh compare 5.8×
AON Aon plc compare 6.4×
CRVL CorVel Corp. compare 9.9×
Insurance Brokers industry median 2.9×
Financial sector median 1.2×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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