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Arthur J. Gallagher (AJG) Operating Expenses (2016 - 2025)

Arthur J. Gallagher's Operating Expenses history spans 17 years, with the latest figure at $667.5 million for Q4 2025.

  • For Q4 2025, Operating Expenses fell 71.99% year-over-year to $667.5 million; the TTM value through Dec 2025 reached $2.3 billion, down 60.7%, while the annual FY2025 figure was $2.3 billion, 76.67% down from the prior year.
  • Operating Expenses reached $667.5 million in Q4 2025 per AJG's latest filing, up from $580.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $7.6 billion in Q4 2023 to a low of -$4.3 billion in Q4 2021.
  • Average Operating Expenses over 5 years is $981.0 million, with a median of $624.2 million recorded in 2025.
  • The largest YoY upside for Operating Expenses was 838.39% in 2021 against a maximum downside of 374.04% in 2021.
  • A 5-year view of Operating Expenses shows it stood at -$4.3 billion in 2021, then increased by 7.34% to -$4.0 billion in 2022, then soared by 291.85% to $7.6 billion in 2023, then plummeted by 68.85% to $2.4 billion in 2024, then crashed by 71.99% to $667.5 million in 2025.
  • Per Business Quant, the three most recent readings for AJG's Operating Expenses are $667.5 million (Q4 2025), $580.8 million (Q3 2025), and $519.3 million (Q2 2025).