Arthur J. Gallagher (AJG) Change in Taxes (2009 - 2026)
Arthur J. Gallagher posted quarterly Change in Taxes of $52.0 million for Q1 2026, up 92.59% year-on-year from $27.0 million in Q1 2025, and up 3.79% on a QoQ basis from $50.1 million in Q4 2025.
Arthur J. Gallagher (AJG) has 13 years of Change in Taxes data on file, last reported at $52.0 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Taxes rose 92.59% year-over-year to $52.0 million; the trailing twelve-month figure through Mar 2026 stood at -$35.0 million (down 199.15% YoY), and the FY2025 full-year result was -$60.0 million, down 42.86% from the prior year.
- Change in Taxes for Q1 2026 stood at $52.0 million, up from $50.1 million in the prior quarter.
- Across five years, Change in Taxes topped out at $77.8 million in Q4 2022 and bottomed at -$103.8 million in Q4 2023.
- The 5-year median for Change in Taxes is -$3.3 million (2024), against an average of -$4.6 million.
- Peak annual rise in Change in Taxes reached 978.95% in 2025, while the deepest fall reached 1748.72% in 2025.
- A 5-year view of Change in Taxes shows it stood at $77.8 million in 2022, then sank by 233.42% to -$103.8 million in 2023, then jumped by 94.51% to -$5.7 million in 2024, then jumped by 978.95% to $50.1 million in 2025, then climbed by 3.79% to $52.0 million in 2026.
- The last three Change in Taxes figures came in at $52.0 million (Q1 2026), $50.1 million (Q4 2025), and -$72.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 243.00 Mn |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | 52.00 Mn |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | - |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | - |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | - |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | - |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | - |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | - |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 52.00 Mn |
| Mar 31, 2026 | 52.00 Mn |
| Dec 31, 2025 | 50.10 Mn |
| Dec 31, 2025 | 50.10 Mn |
| Sep 30, 2025 | -72.80 Mn |
| Sep 30, 2025 | -72.80 Mn |
| Jun 30, 2025 | -64.30 Mn |
| Jun 30, 2025 | -64.30 Mn |
| Mar 31, 2025 | 27.00 Mn |
| Mar 31, 2025 | 27.00 Mn |
| Dec 31, 2024 | -5.70 Mn |
| Dec 31, 2024 | -5.70 Mn |
| Sep 30, 2024 | -36.90 Mn |
| Sep 30, 2024 | -36.90 Mn |
| Jun 30, 2024 | 3.90 Mn |
| Jun 30, 2024 | 3.90 Mn |
| Mar 31, 2024 | -3.30 Mn |
| Mar 31, 2024 | -3.30 Mn |
| Dec 31, 2023 | -103.80 Mn |
| Dec 31, 2023 | -103.80 Mn |
| Sep 30, 2023 | 10.90 Mn |
| Sep 30, 2023 | 10.90 Mn |
| Jun 30, 2023 | -6.10 Mn |
| Jun 30, 2023 | -6.10 Mn |
| Mar 31, 2023 | 21.00 Mn |
| Mar 31, 2023 | 21.00 Mn |
| Dec 31, 2022 | 77.80 Mn |
| Dec 31, 2022 | 77.80 Mn |
| Sep 30, 2022 | -6.00 Mn |
| Sep 30, 2022 | -6.00 Mn |
| Jun 30, 2022 | -33.50 Mn |
| Jun 30, 2022 | -33.50 Mn |
| Mar 31, 2022 | 11.60 Mn |
| Mar 31, 2022 | 11.60 Mn |
| Dec 31, 2021 | -17.00 Mn |
| Dec 31, 2021 | -17.00 Mn |
| Sep 30, 2021 | -75.90 Mn |
| Sep 30, 2021 | -75.90 Mn |
| Jun 30, 2021 | -23.50 Mn |
| Jun 30, 2021 | -23.50 Mn |
| Mar 31, 2021 | -7.40 Mn |
| Mar 31, 2021 | -7.40 Mn |
| Dec 31, 2020 | -10.00 Mn |
| Dec 31, 2020 | -10.00 Mn |
| Sep 30, 2020 | 27.50 Mn |
| Sep 30, 2020 | 27.50 Mn |
| Jun 30, 2020 | 31.70 Mn |
| Jun 30, 2020 | 31.70 Mn |
| Mar 31, 2020 | 2.60 Mn |
| Mar 31, 2020 | 2.60 Mn |
| Dec 31, 2019 | 30.30 Mn |
| Dec 31, 2019 | 30.30 Mn |
| Sep 30, 2019 | -400,000.00 |
| Sep 30, 2019 | -400,000.00 |
| Jun 30, 2019 | -29.90 Mn |
| Jun 30, 2019 | -29.90 Mn |
| Mar 31, 2019 | 35.50 Mn |
| Mar 31, 2019 | 35.50 Mn |
| Dec 31, 2018 | -51.70 Mn |
| Dec 31, 2018 | -51.70 Mn |
| Sep 30, 2018 | 1.00 Mn |
| Sep 30, 2018 | 1.00 Mn |
| Jun 30, 2018 | -11.50 Mn |
| Jun 30, 2018 | -11.50 Mn |
| Mar 31, 2018 | 16.20 Mn |
| Mar 31, 2018 | 16.20 Mn |
| Mar 31, 2012 | -1.70 Mn |
| Mar 31, 2012 | -1.70 Mn |
| Dec 31, 2011 | -400,000.00 |
| Dec 31, 2011 | -400,000.00 |
| Sep 30, 2011 | -8.40 Mn |
| Sep 30, 2011 | -8.40 Mn |
| Jun 30, 2011 | 2.60 Mn |
| Jun 30, 2011 | 2.60 Mn |
| Mar 31, 2011 | -4.20 Mn |
| Mar 31, 2011 | -4.20 Mn |
| Dec 31, 2010 | -42.40 Mn |
| Dec 31, 2010 | -42.40 Mn |
| Sep 30, 2010 | 10.70 Mn |
| Sep 30, 2010 | 10.70 Mn |
| Jun 30, 2010 | 5.20 Mn |
| Jun 30, 2010 | 5.20 Mn |
| Mar 31, 2010 | 3.50 Mn |
| Mar 31, 2010 | 3.50 Mn |
| Dec 31, 2009 | -2.00 Mn |
| Dec 31, 2009 | -2.00 Mn |
| Sep 30, 2009 | -3.70 Mn |
| Sep 30, 2009 | -3.70 Mn |