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Friday 6 November 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.

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
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Arthur J. Gallagher & Co. (AJG) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Arthur J. Gallagher & Co. (AJG) trades at a price to free cash flow of 32.3×. Over the past ten years it has ranged from 10.6× (January 2016) to 58.9× (August 2022); the current reading is higher than 84% of that period. That is above the Insurance Brokers industry median of 22.3× and above the Financial sector median of 9.7×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 37.1× 44.81%
FY2024 25.6× (2.53%)
FY2023 26.3× (19.35%)
FY2022 32.6× 19.86%
FY2021 27.2× 96.69%
FY2020 13.8× (17.80%)
FY2019 16.8× (19.91%)
FY2018 21.0× 36.08%
FY2017 15.4× (28.12%)
FY2016 21.5× 78.93%

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 25.6× (0.64%)
Jun 2026 25.8× (13.76%)
Mar 2026 29.9× (19.46%)
Dec 2025 37.1× (17.44%)
43 more quarters

Against its own ten years

Low 10.6× High 58.9×
Ten-year median 22.9×
Current reading's percentile 84

Price to free cash flow against peers

Company Price to free cash flow
RYAN Ryan Specialty Holdings Inc. compare 11.7×
BRO Brown & Brown, Inc. compare 16.2×
AON Aon plc compare 22.3×
ERIE Erie Indemnity Company compare 23.7×
MRSH Marsh compare 23.9×
AJG Arthur J. Gallagher & Co. 32.3×
WTW Willis Towers Watson Public Limited Company compare 36.7×
CRVL CorVel Corp. compare 38.0×
BWIN Baldwin Insurance Group, Inc. compare 67.9×
Insurance Brokers industry median 22.3×
Financial sector median 9.7×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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