Inferra AIResearch Tools

Inferra AI / Company / AJG

Arthur J. Gallagher & Co.

AJG · Financials

Last earnings Oct 29, 2026

Key results

Revenuequarter

20%

For our combined brokerage and risk management segments, we delivered 20% total revenue growth; our 19th straight quarter of double-digit top-line growth.

SEC original ↗Arthur J. Gallagher & Co. — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Organic revenuequarter

4.8%

Organic revenue growth was 4.8%, and incremental revenue from acquisitions was more than $450 million.

SEC original ↗Arthur J. Gallagher & Co. — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Net incomequarter

13.8%

Net earnings margin was 13.8%, adjusted EBITDAC margin was 32.1%, and adjusted EBITDAC grew 22%.

SEC original ↗Arthur J. Gallagher & Co. — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Operating Expense and Ratios 3rd Q 2025 3rd Q 2024 9 Mths 2025 9 Mths 2024 Operating expense, as reported $ 433.6 $ 342.0 $ 1,148.9 $ 1,019.3 Acquisition integration (27.8 ) (22.2 ) (64.9 ) (69.1 ) Workforce and lease termination related charges (5.9 ) (2.3 ) (8.7 ) (6.5 ) Levelized foreign currency translation 2.9 5.8 Operating expense, as adjusted $ 399.9 $ 320.4 $ 1,075.3 $ 949.5 Reported operating expense ratios using reported revenues on pages 1 and 2 * 14.8 % 14.3 % 12.7 % 13.4 % Adjusted operating expense ratios using adjusted revenues on pages 1 and 2 * * 13.6 % 13.4 % 11.9 % 12.5 % * Reported third quarter 2025 operating expense ratio was 0.5 pts higher than third quarter 2024.

SEC original ↗Arthur J. Gallagher & Co. — Earnings release (8-K exhibit)EX-99Oct 30, 2025

In addition, from time to time may include changes in balance sheet estimates arising from conforming accounting principles, purchase-related true-ups and other balance sheet adjustments made after the closing date; the net impact of these on first quarter 2024 results was approximately $26 million of revenues and approximately $28 million of compensation expense.

SEC original ↗Arthur J. Gallagher & Co. — Earnings release (8-K exhibit)EX-99Oct 30, 2025

AI analysis

Q3 2025 · reported Oct 30, 2025

Based on: Earnings release + parent 8-K — transcript not held

Headline figures

MetricQ3 2025Prior qtrYear ago
Revenue20%16%—
Organic revenue4.8%——
Net income13.8%17.3%—

EX-99 · Oct 30, 2025

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

(7 of 15) Interest and banking costs and debt - At September 30, 2025, Gallagher had $9,550.0 million of borrowings from public debt, $3,323.0 million of borrowings from private placements and $130.0 million of borrowings under its line of credit facility.

In addition, Gallagher had $237.4 million outstanding under a revolving loan facility that provides funding for premium finance receivables, which are fully collateralized by the underlying premiums held by insurance carriers, and as such are excluded from its debt covenant computations, as applicable.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

ANNOUNCES THIRD QUARTER 2025 FINANCIAL

Based on: Earnings release + parent 8-K — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

(7 of 15) Interest and banking costs and debt - At September 30, 2025, Gallagher had $9,550.0 million of borrowings from public debt, $3,323.0 million of borrowings from private placements and $130.0 million of borrowings under its line of credit facility.

SEC original ↗Arthur J. Gallagher & Co. — Earnings release (8-K exhibit)EX-99Oct 30, 2025

In addition, Gallagher had $237.4 million outstanding under a revolving loan facility that provides funding for premium finance receivables, which are fully collateralized by the underlying premiums held by insurance carriers, and as such are excluded from its debt covenant computations, as applicable.

SEC original ↗Arthur J. Gallagher & Co. — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Interest and banking costs in third quarter 2025 are higher than the same period in 2024 primarily due to the debt issuances that occurred in December 2024.

SEC original ↗Arthur J. Gallagher & Co. — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Strategy & priorities

Our two-pronged growth strategy organic and M&A continues to benefit from our leading niche experts, vast data and analytics offerings, extensive product expertise, outstanding service, and global reach which puts us in an enviable spot competitively for new customers and production talent.

SEC original ↗Arthur J. Gallagher & Co. — Earnings release (8-K exhibit)EX-99Oct 30, 2025

(9 of 15) Acquisition integration costs, which include costs related to certain large acquisitions (including the acquisitions of the Willis Towers Watson treaty reinsurance brokerage operations, Buck, Cadence Insurance, Eastern Insurance Group, My Plan Manager, Woodruff Sawyer and AssuredPartners), outside the scope of the usual tuck-in strategy, not expected to occur on an ongoing basis in the future once Gallagher fully assimilates the applicable acquisition.

SEC original ↗Arthur J. Gallagher & Co. — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Amortization of intangible assets, which reflects the amortization of customer/expiration lists, non-compete agreements, trade names and other intangible assets acquired through Gallagher s merger and acquisition strategy, the impact to amortization expense of acquisition valuation adjustments to these assets as well as non-cash impairment charges.

SEC original ↗Arthur J. Gallagher & Co. — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Risks & headwinds

(8 of 15) Important factors that could cause actual results to differ materially from those in the forward-looking statements include global economic and geopolitical events, including, among others, fluctuations in interest and inflation rates; geo-economic fragmentation and protectionism such as tariffs, trade wars or similar governmental actions affecting the flows of goods, services or currency; the U.

SEC original ↗Arthur J. Gallagher & Co. — Earnings release (8-K exhibit)EX-99Oct 30, 2025

What changed vs prior quarter

Revenue — prior quarter passage and this quarter's passage are both cited.

SEC original ↗Arthur J. Gallagher & Co. — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Net income — prior quarter passage and this quarter's passage are both cited.

SEC original ↗Arthur J. Gallagher & Co. — Earnings release (8-K exhibit)EX-99Oct 30, 2025

Documents

Earnings deck slides

1 deck with slide view

Arthur J. Gallagher & Co. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Arthur J. Gallagher & Co. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Arthur J. Gallagher & Co. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Arthur J. Gallagher & Co. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Arthur J. Gallagher & Co. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Arthur J. Gallagher & Co. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Arthur J. Gallagher & Co. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Arthur J. Gallagher & Co. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Arthur J. Gallagher & Co. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Arthur J. Gallagher & Co. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Arthur J. Gallagher & Co. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Arthur J. Gallagher & Co. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Arthur J. Gallagher & Co. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Arthur J. Gallagher & Co. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Arthur J. Gallagher & Co. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Arthur J. Gallagher & Co. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Sun Life Financial (SLF) FinancialsRaymond James Financial (RJF) FinancialsAflac (AFL) FinancialsING Group (ING) FinancialsNorthern Trust (NTRS) FinancialsCincinnati Financial (CINF) FinancialsCoinbase (COIN) FinancialsTruist Financial (TFC) Financials

Filings

146 documents

Earnings releases

38 documents

Presentations

17 documents

Transcripts

0 documents

No transcripts for Arthur J. Gallagher & Co. are held in this edition of the library.

Mentioned by

1 company

Other tracked companies whose held documents mention Arthur J. Gallagher & Co. by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.