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

Arthur J. Gallagher & Co. (AJG) Return on invested capital

Alert me on Return on invested capital

Arthur J. Gallagher & Co.'s return on invested capital over the twelve months to 30 June 2026 was 4.79%, up 0.2 percentage points from fiscal 2025 (4.61%). Over the past ten years it has ranged from 4.61% (fiscal 2025) to 9.63% (fiscal 2020) — the current reading is the lowest in ten years. That is below the Insurance Brokers industry median of 5.27% and in line with the Financial sector median of 4.85%.

Return on invested capital, annual

Embed this chart

Annual newest first

Period Return on invested capital Change (points)
FY2025 4.61% (3.26)
FY2024 7.87% 2.37
FY2023 5.50% (1.56)
FY2022 7.06% (0.52)
FY2021 7.58% (2.05)
FY2020 9.63% 1.77
FY2019 7.86% 0.74
FY2018 7.12% 0.67
FY2017 6.45% (0.72)
FY2016 7.17% 0.76

Against its own ten years

Low 4.61% High 9.63%
Ten-year median 7.12%
Current reading's percentile 9

Return on invested capital against peers

Company Return on invested capital
CRVL CorVel Corp. compare 61.8%
ERIE Erie Indemnity Company compare 21.1%
MRSH Marsh compare 19.3%
AON Aon plc compare 12.3%
WTW Willis Towers Watson Public Limited Company compare 11.1%
BRO Brown & Brown, Inc. compare 5.75%
AJG Arthur J. Gallagher & Co. 4.79%
ARX Accelerant Holdings compare 0.00%
BWIN Baldwin Insurance Group, Inc. compare −2.29%
Insurance Brokers industry median 5.27%
Financial sector median 4.85%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

More on AJG