Arthur J. Gallagher (AJG) Gross Margin (2010 - 2022)
Arthur J. Gallagher (AJG) reported Gross Margin of 100.0% for Q4 2022, up 1246.0% on a YoY basis from 7.43% in Q4 2021, and little changed quarter-over-quarter from 100.0% in Q3 2022.
Arthur J. Gallagher (AJG) Gross Margin (2010 - 2022) Analysis & Trends
Arthur J. Gallagher has reported Gross Margin for 13 years, with the latest figure at 100.0% in Q4 2022.
- For the quarter ending Q4 2022, Gross Margin rose 1246.0% year-over-year to 100.0%; the trailing twelve-month figure through Dec 2022 stood at 99.73% (up 1431.0% YoY), and the FY2022 full-year result was 99.73%, up 1425.0% from the prior year.
- Gross Margin for Q4 2022 stood at 100.0%, roughly flat from 100.0% in the prior quarter.
- The five-year high for Gross Margin was 100.0% in Q2 2022, with the low at 71.39% in Q3 2018.
- Historically, Gross Margin has averaged 85.49% across 5 years, with a median of 84.59% in 2019.
- Annual changes were most pronounced in 2021 — Gross Margin sank 436 bps — and 2022, when it surged 1712 bps.
- Arthur J. Gallagher's Gross Margin stood at 73.25% in 2018, then rose by 14 bps to 83.68% in 2019, then gained by 4 bps to 87.3% in 2020, then grew by 0 bps to 87.54% in 2021, then rose by 14 bps to 100.0% in 2022.
- The last three Gross Margin figures came in at 100.0% (Q4 2022), 100.0% (Q3 2022), and 100.0% (Q2 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 79.42 Bn | 67.92 Bn | 5.88 Bn | 77.45% |
| 2 | Aon | 69.98 Bn | 68.59 Bn | - | - |
| 3 | Arthur J. Gallagher | 55.55 Bn | 54.17 Bn | - | - |
| 4 | Willis Towers Watson | 24.71 Bn | 22.93 Bn | 1.98 Bn | 83.71% |
| 5 | Brown & Brown | 19.80 Bn | 18.82 Bn | 1.61 Bn | 84.80% |
| 6 | XChange TEC.INC | 6.75 Bn | 6.75 Bn | - | - |
| 7 | Neptune Insurance Holdings | 4.00 Bn | 3.99 Bn | - | - |
| 8 | Corvel | 2.98 Bn | 2.64 Bn | 54.92 Mn | 23.31% |
| 9 | Accelerant Holdings | 2.93 Bn | 1.42 Bn | 48.00 Mn | 36.98% |
| 10 | Baldwin Insurance | 1.62 Bn | 2.07 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 100.00% |
| Sep 30, 2022 | 100.00% |
| Jun 30, 2022 | 100.00% |
| Mar 31, 2022 | 99.05% |
| Dec 31, 2021 | 87.54% |
| Sep 30, 2021 | 82.88% |
| Jun 30, 2021 | 86.10% |
| Mar 31, 2021 | 85.51% |
| Dec 31, 2020 | 87.30% |
| Sep 30, 2020 | 82.34% |
| Jun 30, 2020 | 89.61% |
| Mar 31, 2020 | 89.86% |
| Dec 31, 2019 | 83.68% |
| Sep 30, 2019 | 78.23% |
| Jun 30, 2019 | 82.39% |
| Mar 31, 2019 | 80.78% |
| Dec 31, 2018 | 73.25% |
| Sep 30, 2018 | 71.39% |
| Jun 30, 2018 | 73.39% |
| Mar 31, 2018 | 76.54% |