Arthur J. Gallagher (AJG) Invested Capital (2009 - 2026)
Arthur J. Gallagher posted quarterly Invested Capital of $24.4 billion for Q1 2026, up 9.22% year-on-year from $22.4 billion in Q1 2025, and down 32.54% on a QoQ basis from $36.2 billion in Q4 2025.
Arthur J. Gallagher (AJG) has 18 years of Invested Capital data on file, last reported at $24.4 billion in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital rose 9.22% year-over-year to $24.4 billion; the trailing twelve-month figure through Mar 2026 stood at $24.4 billion (up 9.22% YoY), and the FY2025 full-year result was $36.2 billion, up 79.15% from the prior year.
- Invested Capital for Q1 2026 stood at $24.4 billion, down from $36.2 billion in the prior quarter.
- Across five years, Invested Capital topped out at $36.2 billion in Q4 2025 and bottomed at $8.6 billion in Q3 2022.
- The 5-year median for Invested Capital is $11.4 billion (2024), against an average of $15.4 billion.
- The widest annual swing landed in 2022, when Invested Capital increased 1.87%; it then jumped 98.56% in 2025.
- A 5-year view of Invested Capital shows it stood at $9.2 billion in 2022, then climbed by 17.72% to $10.8 billion in 2023, then soared by 86.4% to $20.2 billion in 2024, then jumped by 79.15% to $36.2 billion in 2025, then sank by 32.54% to $24.4 billion in 2026.
- The last three Invested Capital figures came in at $24.4 billion (Q1 2026), $36.2 billion (Q4 2025), and $23.3 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 11.08 Bn |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | 24.42 Bn |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | 8.06 Bn |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 13.85 Bn |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | -118.43 Mn |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | 813.30 Mn |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | 375.72 Mn |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | 1.08 Bn |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | -118.28 Mn |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | 287.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.42 Bn |
| Dec 31, 2025 | 36.19 Bn |
| Sep 30, 2025 | 23.25 Bn |
| Jun 30, 2025 | 23.06 Bn |
| Mar 31, 2025 | 22.35 Bn |
| Dec 31, 2024 | 20.20 Bn |
| Sep 30, 2024 | 12.21 Bn |
| Jun 30, 2024 | 11.61 Bn |
| Mar 31, 2024 | 11.36 Bn |
| Dec 31, 2023 | 10.84 Bn |
| Sep 30, 2023 | 10.51 Bn |
| Jun 30, 2023 | 10.45 Bn |
| Mar 31, 2023 | 9.86 Bn |
| Dec 31, 2022 | 9.21 Bn |
| Sep 30, 2022 | 8.64 Bn |
| Jun 30, 2022 | 8.87 Bn |
| Mar 31, 2022 | 9.05 Bn |
| Dec 31, 2021 | 8.58 Bn |
| Sep 30, 2021 | 8.48 Bn |
| Jun 30, 2021 | 8.36 Bn |
| Mar 31, 2021 | 6.78 Bn |
| Dec 31, 2020 | 6.25 Bn |
| Sep 30, 2020 | 5.83 Bn |
| Jun 30, 2020 | 5.54 Bn |
| Mar 31, 2020 | 5.07 Bn |
| Dec 31, 2019 | 5.23 Bn |
| Sep 30, 2019 | 4.92 Bn |
| Jun 30, 2019 | 4.95 Bn |
| Mar 31, 2019 | 4.97 Bn |
| Dec 31, 2018 | 4.59 Bn |
| Sep 30, 2018 | 4.62 Bn |
| Jun 30, 2018 | 4.51 Bn |
| Mar 31, 2018 | 4.59 Bn |
| Dec 31, 2017 | 4.32 Bn |
| Sep 30, 2017 | 4.12 Bn |
| Jun 30, 2017 | 3.92 Bn |
| Mar 31, 2017 | 3.74 Bn |
| Dec 31, 2016 | 3.80 Bn |
| Sep 30, 2016 | 3.75 Bn |
| Jun 30, 2016 | 6.06 Bn |
| Mar 31, 2016 | 5.72 Bn |
| Dec 31, 2015 | 239.70 Mn |
| Sep 30, 2015 | 3.71 Bn |
| Jun 30, 2015 | 5.76 Bn |
| Mar 31, 2015 | 3.23 Bn |
| Dec 31, 2014 | 3.35 Bn |
| Sep 30, 2014 | 3.26 Bn |
| Jun 30, 2014 | 5.47 Bn |
| Mar 31, 2014 | 2.15 Bn |
| Dec 31, 2013 | 2.15 Bn |
| Sep 30, 2013 | 1.94 Bn |
| Jun 30, 2013 | 2.63 Bn |
| Mar 31, 2013 | 1.67 Bn |
| Dec 31, 2012 | 1.71 Bn |
| Mar 31, 2012 | 1.36 Bn |
| Dec 31, 2011 | 1.26 Bn |
| Sep 30, 2011 | 1.23 Bn |
| Jun 30, 2011 | 1.21 Bn |
| Mar 31, 2011 | 1.15 Bn |
| Dec 31, 2010 | 1.11 Bn |
| Dec 31, 2009 | 892.90 Mn |