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.

Revenue
+18.1%
EPS
+49.2%
Free cash flow
+91.2%
Total debt
−3.02%

Quarter to September 2026, against a year earlier

287.68 0.70 −0.24%
Market cap
$73.9B
P/E
43.4×
Fwd P/E
38.3×
Dividend yield
0.96%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

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

Alert me on P/E ratio

As of 5 November 2026, Arthur J. Gallagher & Co. (AJG) trades at a P/E ratio of 43.4×. Over the past ten years it has ranged from 16.0× (May 2017) to 60.0× (November 2024); the current reading is higher than 82% of that period. That is above the Insurance Brokers industry median of 22.1× and above the Financial sector median of 12.2×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 44.3× 2.10%
FY2024 43.4× (13.00%)
FY2023 49.9× 40.67%
FY2022 35.5× (5.52%)
FY2021 37.5× 29.87%
FY2020 28.9× 8.66%
FY2019 26.6× 24.88%
FY2018 21.3× 0.58%
FY2017 21.2× (5.55%)
FY2016 22.4× 12.81%

Quarterly newest first

Period P/E ratio Change
Sep 2026 34.4× (8.45%)
Jun 2026 37.6× 8.95%
Mar 2026 34.5× (22.17%)
Dec 2025 44.3× (8.58%)
43 more quarters

Against its own ten years

Low 16.0× High 60.0×
Ten-year median 28.3×
Current reading's percentile 81

P/E ratio against peers

Company P/E ratio
BWIN Baldwin Insurance Group, Inc. compare n/m
AON Aon plc compare 18.7×
BRO Brown & Brown, Inc. compare 20.3×
WTW Willis Towers Watson Public Limited Company compare 20.4×
ERIE Erie Indemnity Company compare 22.9×
MRSH Marsh compare 24.8×
CRVL CorVel Corp. compare 35.9×
AJG Arthur J. Gallagher & Co. 43.4×
RYAN Ryan Specialty Holdings Inc. compare 57.8×
Insurance Brokers industry median 22.1×
Financial sector median 12.2×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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