Arthur J. Gallagher (AJG) Free Cash Flow (2009 - 2026)
Arthur J. Gallagher posted quarterly Free Cash Flow of $921.0 million for Q1 2026, up 9.12% year-on-year from $844.0 million in Q1 2025, and up 29.1% on a QoQ basis from $713.4 million in Q4 2025.
Arthur J. Gallagher (AJG) has 13 years of Free Cash Flow data on file, last reported at $921.0 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow rose 9.12% year-over-year to $921.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.9 billion (down 26.27% YoY), and the FY2025 full-year result was $1.8 billion, down 26.87% from the prior year.
- Free Cash Flow for Q1 2026 stood at $921.0 million, up from $713.4 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $921.0 million in Q1 2026 and bottomed at -$465.9 million in Q2 2025.
- The 5-year median for Free Cash Flow is $647.5 million (2023), against an average of $481.9 million.
- The widest annual swing landed in 2024, when Free Cash Flow jumped 287.79%; it then plunged 631.24% in 2025.
- A 5-year view of Free Cash Flow shows it stood at $565.5 million in 2022, then rose by 14.5% to $647.5 million in 2023, then grew by 7.44% to $695.7 million in 2024, then grew by 2.54% to $713.4 million in 2025, then gained by 29.1% to $921.0 million in 2026.
- The last three Free Cash Flow figures came in at $921.0 million (Q1 2026), $713.4 million (Q4 2025), and $693.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 363.00 Mn |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | 921.00 Mn |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | -65.00 Mn |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 241.00 Mn |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | -28.10 Mn |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | 46.14 Mn |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | -18.74 Mn |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | 17.17 Mn |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | 22.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 921.00 Mn |
| Mar 31, 2026 | 921.00 Mn |
| Dec 31, 2025 | 713.40 Mn |
| Dec 31, 2025 | 713.40 Mn |
| Sep 30, 2025 | 693.50 Mn |
| Sep 30, 2025 | 693.50 Mn |
| Jun 30, 2025 | -465.90 Mn |
| Jun 30, 2025 | -465.90 Mn |
| Mar 31, 2025 | 844.00 Mn |
| Mar 31, 2025 | 844.00 Mn |
| Dec 31, 2024 | 695.70 Mn |
| Dec 31, 2024 | 695.70 Mn |
| Sep 30, 2024 | 898.00 Mn |
| Sep 30, 2024 | 898.00 Mn |
| Jun 30, 2024 | 87.70 Mn |
| Jun 30, 2024 | 87.70 Mn |
| Mar 31, 2024 | 759.60 Mn |
| Mar 31, 2024 | 759.60 Mn |
| Dec 31, 2023 | 647.50 Mn |
| Dec 31, 2023 | 647.50 Mn |
| Sep 30, 2023 | 838.40 Mn |
| Sep 30, 2023 | 838.40 Mn |
| Jun 30, 2023 | -46.70 Mn |
| Jun 30, 2023 | -46.70 Mn |
| Mar 31, 2023 | 398.80 Mn |
| Mar 31, 2023 | 398.80 Mn |
| Dec 31, 2022 | 565.50 Mn |
| Dec 31, 2022 | 565.50 Mn |
| Sep 30, 2022 | 592.50 Mn |
| Sep 30, 2022 | 592.50 Mn |
| Jun 30, 2022 | -129.60 Mn |
| Jun 30, 2022 | -129.60 Mn |
| Mar 31, 2022 | 178.90 Mn |
| Mar 31, 2022 | 178.90 Mn |
| Dec 31, 2021 | 156.70 Mn |
| Dec 31, 2021 | 156.70 Mn |
| Sep 30, 2021 | 477.40 Mn |
| Sep 30, 2021 | 477.40 Mn |
| Jun 30, 2021 | 438.20 Mn |
| Jun 30, 2021 | 438.20 Mn |
| Mar 31, 2021 | 191.50 Mn |
| Mar 31, 2021 | 191.50 Mn |
| Dec 31, 2020 | 399.70 Mn |
| Dec 31, 2020 | 399.70 Mn |
| Sep 30, 2020 | 564.70 Mn |
| Sep 30, 2020 | 564.70 Mn |
| Jun 30, 2020 | 664.30 Mn |
| Jun 30, 2020 | 664.30 Mn |
| Mar 31, 2020 | 79.10 Mn |
| Mar 31, 2020 | 79.10 Mn |
| Dec 31, 2019 | 390.90 Mn |
| Dec 31, 2019 | 390.90 Mn |
| Sep 30, 2019 | 317.10 Mn |
| Sep 30, 2019 | 317.10 Mn |
| Jun 30, 2019 | 479.80 Mn |
| Jun 30, 2019 | 479.80 Mn |
| Mar 31, 2019 | -135.50 Mn |
| Mar 31, 2019 | -135.50 Mn |
| Dec 31, 2018 | 226.90 Mn |
| Dec 31, 2018 | 226.90 Mn |
| Sep 30, 2018 | 163.20 Mn |
| Sep 30, 2018 | 163.20 Mn |
| Jun 30, 2018 | 499.30 Mn |
| Jun 30, 2018 | 499.30 Mn |
| Mar 31, 2018 | -248.70 Mn |
| Mar 31, 2018 | -248.70 Mn |
| Mar 31, 2012 | -61.00 Mn |
| Mar 31, 2012 | -61.00 Mn |
| Dec 31, 2011 | 90.30 Mn |
| Dec 31, 2011 | 90.30 Mn |
| Sep 30, 2011 | 72.50 Mn |
| Sep 30, 2011 | 72.50 Mn |
| Jun 30, 2011 | 97.00 Mn |
| Jun 30, 2011 | 97.00 Mn |
| Mar 31, 2011 | -16.70 Mn |
| Mar 31, 2011 | -16.70 Mn |
| Dec 31, 2010 | 11.10 Mn |
| Dec 31, 2010 | 11.10 Mn |
| Sep 30, 2010 | 117.70 Mn |
| Sep 30, 2010 | 117.70 Mn |
| Jun 30, 2010 | 80.10 Mn |
| Jun 30, 2010 | 80.10 Mn |
| Mar 31, 2010 | -2.50 Mn |
| Mar 31, 2010 | -2.50 Mn |
| Dec 31, 2009 | 8.30 Mn |
| Dec 31, 2009 | 8.30 Mn |
| Sep 30, 2009 | 112.90 Mn |
| Sep 30, 2009 | 112.90 Mn |