Arthur J. Gallagher (AJG) Change in Taxes (2009 - 2026)
Arthur J. Gallagher's (AJG) quarterly Change in Taxes came in at -$116.0 million in Q2 2026, down 81.25% on a YoY basis from -$618.7 million in Q2 2025, and down 323.08% quarter-over-quarter from $52.0 million in Q1 2026.
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Arthur J. Gallagher (AJG) Change in Taxes (2009 - 2026) Analysis & Trends
Arthur J. Gallagher (AJG) has reported Change in Taxes for 13 consecutive years, with -$116.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Change in Taxes fell 81.25% year-over-year to -$116.0 million; the trailing twelve-month figure through Jun 2026 stood at -$87.0 million (down 9.3% YoY), and the FY2025 full-year result was -$60.0 million, down 42.86% from the prior year.
- Change in Taxes retreated to -$116.0 million in Q2 2026 per AJG's latest filing, from $52.0 million in the prior quarter.
- Across five years, Change in Taxes topped out at $77.8 million in Q4 2022 and bottomed at -$116.0 million in Q2 2026.
- Historically, Change in Taxes has averaged -$10.8 million across 5 years, with a median of -$4.5 million in 2024.
- The widest YoY moves for Change in Taxes: up 978.95% in 2025, down 1741.03% in 2025.
- Over 5 years, Change in Taxes stood at $77.8 million in 2022, then plunged by 233.42% to -$103.8 million in 2023, then surged by 94.51% to -$5.7 million in 2024, then surged by 978.95% to $50.1 million in 2025, then sank by 331.54% to -$116.0 million in 2026.
- According to Business Quant data, Change in Taxes over the past three periods registered -$116.0 million, $52.0 million, and $50.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 81.24 Bn | 69.29 Bn | 6.04 Bn | 12.00 Mn |
| 2 | Aon | 60.67 Bn | 59.43 Bn | - | -312.00 Mn |
| 3 | Arthur J. Gallagher | 59.09 Bn | 57.73 Bn | - | -116.00 Mn |
| 4 | Willis Towers Watson | 28.02 Bn | 26.44 Bn | 2.09 Bn | - |
| 5 | Brown & Brown | 20.61 Bn | 19.72 Bn | 1.41 Bn | - |
| 6 | XChange TEC.INC | 11.95 Bn | 11.95 Bn | - | - |
| 7 | Erie Indemnity | 10.83 Bn | 10.48 Bn | - | - |
| 8 | Ryan Specialty Holdings | 9.82 Bn | 10.19 Bn | - | - |
| 9 | Hagerty | 4.67 Bn | 4.81 Bn | 244.11 Mn | - |
| 10 | Baldwin Insurance | 4.45 Bn | 4.81 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -116.00 Mn |
| Mar 31, 2026 | 52.00 Mn |
| Dec 31, 2025 | 50.10 Mn |
| Sep 30, 2025 | -73.10 Mn |
| Jun 30, 2025 | -64.00 Mn |
| Mar 31, 2025 | 27.00 Mn |
| Dec 31, 2024 | -5.70 Mn |
| Sep 30, 2024 | -36.90 Mn |
| Jun 30, 2024 | 3.90 Mn |
| Mar 31, 2024 | -3.30 Mn |
| Dec 31, 2023 | -103.80 Mn |
| Sep 30, 2023 | 10.90 Mn |
| Jun 30, 2023 | -6.10 Mn |
| Mar 31, 2023 | 21.00 Mn |
| Dec 31, 2022 | 77.80 Mn |
| Sep 30, 2022 | -6.00 Mn |
| Jun 30, 2022 | -33.50 Mn |
| Mar 31, 2022 | 11.60 Mn |
| Dec 31, 2021 | -17.00 Mn |
| Sep 30, 2021 | -75.90 Mn |
API Access
Arthur J. Gallagher Change in Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-taxes&ticker=AJG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-taxes", "ticker": "AJG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-taxes&ticker=AJG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();