Arthur J. Gallagher (AJG) FCF Margin (2009 - 2026)

Arthur J. Gallagher (AJG) reported FCF Margin of 19.53% for Q1 2026, down 312.0% on a YoY basis from 9.21% in Q1 2025, and down 5.17% quarter-over-quarter from 20.59% in Q4 2025.

Arthur J. Gallagher (AJG) FCF Margin (2009 - 2026) Analysis & Trends

Arthur J. Gallagher has reported FCF Margin for 13 years, with the latest figure at 19.53% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin fell 312.0% year-over-year to 19.53%; the trailing twelve-month figure through Mar 2026 stood at 12.61% (down 866.0% YoY), and the FY2025 full-year result was 12.96%, down 845.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 19.53%, down from 20.59% in the prior quarter.
  • The five-year high for FCF Margin was 33.64% in Q3 2023, with the low at 14.47% in Q2 2025.
  • Historically, FCF Margin has averaged 16.78% across 5 years, with a median of 20.61% in 2025.
  • The largest YoY upside for FCF Margin was 1983 bps in 2022 against a maximum downside of 2912 bps in 2022.
  • Arthur J. Gallagher's FCF Margin stood at 28.34% in 2022, then retreated by 10 bps to 25.51% in 2023, then gained by 6 bps to 27.15% in 2024, then slipped by 24 bps to 20.59% in 2025, then slipped by 5 bps to 19.53% in 2026.
  • The last three FCF Margin figures came in at 19.53% (Q1 2026), 20.59% (Q4 2025), and 20.61% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn -9.87%
2 Aon 69.98 Bn 68.59 Bn - 7.21%
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 19.53%
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn -2.75%
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 12.68%
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - 41.26%
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn 19.58%
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn -21.65%
10 Baldwin Insurance 1.62 Bn 2.07 Bn - -3.54%

Historic Data

Download Data
DateValue
Mar 31, 2026 19.53%
Dec 31, 2025 20.59%
Sep 30, 2025 20.61%
Jun 30, 2025 -14.47%
Mar 31, 2025 22.65%
Dec 31, 2024 27.15%
Sep 30, 2024 31.99%
Jun 30, 2024 3.16%
Mar 31, 2024 23.32%
Dec 31, 2023 25.51%
Sep 30, 2023 33.64%
Jun 30, 2023 -1.94%
Mar 31, 2023 14.74%
Dec 31, 2022 28.34%
Sep 30, 2022 29.45%
Jun 30, 2022 -6.45%
Mar 31, 2022 7.44%
Dec 31, 2021 8.52%
Sep 30, 2021 22.33%
Jun 30, 2021 22.66%