Growth Metrics

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

Arthur J. Gallagher posted quarterly Net Margin of 17.45% for Q1 2026, down 157.0% year-on-year from 30.62% in Q1 2025, and up 291.8% on a QoQ basis from 4.45% in Q4 2025.

Arthur J. Gallagher (AJG) has 18 years of Net Margin data on file, last reported at 17.45% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 157.0% year-over-year to 17.45%; the trailing twelve-month figure through Mar 2026 stood at 10.95% (down 225.0% YoY), and the FY2025 full-year result was 10.91%, down 199.0% from the prior year.
  • Net Margin for Q1 2026 stood at 17.45%, up from 4.45% in the prior quarter.
  • Across five years, Net Margin topped out at 19.02% in Q1 2025 and bottomed at 1.56% in Q4 2023.
  • The 5-year median for Net Margin is 11.37% (2025), against an average of 12.32%.
  • The widest annual swing landed in 2022, when Net Margin jumped 3002 bps; it then tumbled 1738 bps in 2023.
  • A 5-year view of Net Margin shows it stood at 15.82% in 2022, then tumbled by 110 bps to 1.56% in 2023, then soared by 748 bps to 10.1% in 2024, then tumbled by 56 bps to 4.45% in 2025, then jumped by 292 bps to 17.45% in 2026.
  • The last three Net Margin figures came in at 17.45% (Q1 2026), 4.45% (Q4 2025), and 8.13% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Aon 69.60 Bn 68.21 Bn - 24.61%
2 Arthur J. Gallagher 52.64 Bn 51.26 Bn - 17.45%
3 Willis Towers Watson 24.45 Bn 22.68 Bn 1.98 Bn 12.95%
4 Brown & Brown 19.37 Bn 18.39 Bn 1.61 Bn 22.46%
5 XChange TEC.INC 6.95 Bn 6.95 Bn - -
6 Accelerant Holdings 3.83 Bn 2.32 Bn 48.00 Mn -4.01%
7 Corvel 3.22 Bn 2.87 Bn 54.92 Mn 10.26%
8 Baldwin Insurance 1.84 Bn 2.28 Bn - -111.39%
9 Goosehead Insurance 1.01 Bn 899.53 Mn - 8.69%
10 Twfg 279.02 Mn 351.22 Mn - 17.96%

Historic Data

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DateValue
Mar 31, 2026 17.45%
Dec 31, 2025 4.45%
Sep 30, 2025 8.13%
Jun 30, 2025 11.37%
Mar 31, 2025 19.02%
Dec 31, 2024 10.10%
Sep 30, 2024 11.19%
Jun 30, 2024 10.28%
Mar 31, 2024 18.81%
Dec 31, 2023 -1.56%
Sep 30, 2023 11.36%
Jun 30, 2023 9.80%
Mar 31, 2023 17.98%
Dec 31, 2022 15.82%
Sep 30, 2022 12.74%
Jun 30, 2022 14.20%
Mar 31, 2022 18.26%
Dec 31, 2021 -14.20%
Sep 30, 2021 11.16%
Jun 30, 2021 10.44%
Mar 31, 2021 18.46%
Dec 31, 2020 8.72%
Sep 30, 2020 10.39%
Jun 30, 2020 10.43%
Mar 31, 2020 19.43%
Dec 31, 2019 0.63%
Sep 30, 2019 7.51%
Jun 30, 2019 7.32%
Mar 31, 2019 17.67%
Dec 31, 2018 7.87%
Sep 30, 2018 7.78%
Jun 30, 2018 7.45%
Mar 31, 2018 15.56%
Dec 31, 2017 0.90%
Sep 30, 2017 7.41%
Jun 30, 2017 5.26%
Mar 31, 2017 15.00%
Dec 31, 2016 6.94%
Sep 30, 2016 8.80%
Jun 30, 2016 10.91%
Mar 31, 2016 4.45%
Dec 31, 2015 5.10%
Sep 30, 2015 9.69%
Jun 30, 2015 10.76%
Mar 31, 2015 2.63%
Dec 31, 2014 4.46%
Sep 30, 2014 7.87%
Jun 30, 2014 9.64%
Mar 31, 2014 6.23%
Dec 31, 2013 9.50%
Sep 30, 2013 8.93%
Jun 30, 2013 11.99%
Mar 31, 2013 6.01%
Dec 31, 2012 7.87%
Sep 30, 2012 9.49%
Jun 30, 2012 11.03%
Mar 31, 2012 5.14%
Dec 31, 2011 10.03%
Sep 30, 2011 8.30%
Jun 30, 2011 7.64%
Mar 31, 2011 3.40%
Dec 31, 2010 1.90%
Sep 30, 2010 9.97%
Jun 30, 2010 0.46%
Mar 31, 2010 6.05%
Dec 31, 2009 -0.28%
Sep 30, 2009 -0.32%
Jun 30, 2009 9.66%