Arthur J. Gallagher (AJG) Net Margin (2009 - 2026)
Arthur J. Gallagher's (AJG) quarterly Net Margin came in at 8.09% in Q2 2026, down 333.0% on a YoY basis from 3.47% in Q2 2025, and down 53.21% quarter-over-quarter from 17.3% in Q1 2026.
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Arthur J. Gallagher (AJG) Net Margin (2009 - 2026) Analysis & Trends
Arthur J. Gallagher (AJG) has reported Net Margin for 18 consecutive years, with 8.09% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 333.0% year-over-year to 8.09%; the trailing twelve-month figure through Jun 2026 stood at 10.0% (down 323.0% YoY), and the FY2025 full-year result was 10.78%, down 195.0% from the prior year.
- Net Margin declined to 8.09% in Q2 2026 per AJG's latest filing, from 17.3% in the prior quarter.
- Across five years, Net Margin topped out at 19.02% in Q1 2025 and bottomed at 1.63% in Q4 2023.
- Historically, Net Margin has averaged 11.29% across 5 years, with a median of 11.28% in 2024.
- The sharpest annual moves came in 2024 and 2025: Net Margin soared 1116 bps in 2024, then tumbled 528 bps in 2025.
- Over 5 years, Net Margin stood at 3.34% in 2022, then tumbled by 149 bps to 1.63% in 2023, then jumped by 685 bps to 9.53% in 2024, then slumped by 55 bps to 4.25% in 2025, then surged by 90 bps to 8.09% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 8.09%, 17.3%, and 4.25% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 85.23 Bn | 73.03 Bn | 6.04 Bn | 17.44% |
| 2 | Aon | 65.90 Bn | 64.63 Bn | - | 13.31% |
| 3 | Arthur J. Gallagher | 62.79 Bn | 61.40 Bn | - | 8.09% |
| 4 | Willis Towers Watson | 29.74 Bn | 28.08 Bn | 2.09 Bn | 9.53% |
| 5 | Brown & Brown | 22.15 Bn | 21.23 Bn | 1.41 Bn | 17.24% |
| 6 | XChange TEC.INC | 16.54 Bn | 16.54 Bn | - | - |
| 7 | Erie Indemnity | 11.16 Bn | 10.81 Bn | - | 16.54% |
| 8 | Ryan Specialty Holdings | 4.92 Bn | 4.78 Bn | - | 11.82% |
| 9 | Neptune Insurance Holdings | 4.30 Bn | 4.28 Bn | - | 28.27% |
| 10 | Baldwin Insurance | 2.74 Bn | 2.55 Bn | - | -11.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.09% |
| Mar 31, 2026 | 17.30% |
| Dec 31, 2025 | 4.25% |
| Sep 30, 2025 | 8.13% |
| Jun 30, 2025 | 11.42% |
| Mar 31, 2025 | 19.02% |
| Dec 31, 2024 | 9.53% |
| Sep 30, 2024 | 11.19% |
| Jun 30, 2024 | 10.28% |
| Mar 31, 2024 | 18.81% |
| Dec 31, 2023 | -1.63% |
| Sep 30, 2023 | 11.36% |
| Jun 30, 2023 | 9.66% |
| Mar 31, 2023 | 17.98% |
| Dec 31, 2022 | 3.34% |
| Sep 30, 2022 | 12.54% |
| Jun 30, 2022 | 13.95% |
| Mar 31, 2022 | 18.03% |
| Dec 31, 2021 | -3.23% |
| Sep 30, 2021 | 11.16% |