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) 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 September 2026 was 5.07%, up 0.5 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 5.64% and above the Financial sector median of 4.70%.

Return on invested capital, annual

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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 62.7%
ERIE Erie Indemnity Company compare 21.0%
MRSH Marsh compare 19.3%
WTW Willis Towers Watson Public Limited Company compare 11.4%
AON Aon plc compare 8.02%
RYAN Ryan Specialty Holdings Inc. compare 7.19%
BRO Brown & Brown, Inc. compare 5.79%
AJG Arthur J. Gallagher & Co. 5.07%
BWIN Baldwin Insurance Group, Inc. compare −2.29%
Insurance Brokers industry median 5.64%
Financial sector median 4.70%
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 →

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