Arthur J. Gallagher (AJG) Tax Rate (2009 - 2026)
Arthur J. Gallagher's (AJG) quarterly Tax Rate came in at 21.74% in Q2 2026, down 46.0% on a YoY basis from 40.26% in Q2 2025, and up 3.06% quarter-over-quarter from 21.09% in Q1 2026.
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Arthur J. Gallagher (AJG) Tax Rate (2009 - 2026) Analysis & Trends
Arthur J. Gallagher (AJG) has reported Tax Rate for 18 consecutive years, with 21.74% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 46.0% year-over-year to 21.74%; the trailing twelve-month figure through Jun 2026 stood at 20.62% (down 16.0% YoY), and the FY2025 full-year result was 19.67%, down 188.0% from the prior year.
- Tax Rate improved to 21.74% in Q2 2026 per AJG's latest filing, from 21.09% in the prior quarter.
- Across five years, Tax Rate topped out at 51.88% in Q4 2023 and bottomed at 14.28% in Q4 2025.
- Historically, Tax Rate has averaged 23.41% across 5 years, with a median of 21.11% in 2025.
- The widest YoY moves for Tax Rate: up 2175 bps in 2022, down 11203 bps in 2022.
- Over 5 years, Tax Rate stood at 44.43% in 2022, then gained by 17 bps to 51.88% in 2023, then tumbled by 57 bps to 22.38% in 2024, then plunged by 36 bps to 14.28% in 2025, then surged by 52 bps to 21.74% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 21.74%, 21.09%, and 14.28% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 85.01 Bn | 72.81 Bn | 6.04 Bn | 24.15% |
| 2 | Aon | 65.60 Bn | 64.34 Bn | - | 21.96% |
| 3 | Arthur J. Gallagher | 62.53 Bn | 61.14 Bn | - | 21.74% |
| 4 | Willis Towers Watson | 29.65 Bn | 27.99 Bn | 2.09 Bn | 19.52% |
| 5 | Brown & Brown | 22.09 Bn | 21.17 Bn | 1.41 Bn | 24.54% |
| 6 | XChange TEC.INC | 16.16 Bn | 16.16 Bn | - | - |
| 7 | Erie Indemnity | 11.12 Bn | 10.78 Bn | - | 20.95% |
| 8 | Ryan Specialty Holdings | 4.85 Bn | 4.71 Bn | - | 17.10% |
| 9 | Neptune Insurance Holdings | 4.29 Bn | 4.28 Bn | - | 31.88% |
| 10 | Baldwin Insurance | 2.73 Bn | 2.54 Bn | - | -0.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.74% |
| Mar 31, 2026 | 21.09% |
| Dec 31, 2025 | 14.28% |
| Sep 30, 2025 | 21.13% |
| Jun 30, 2025 | 22.20% |
| Mar 31, 2025 | 18.79% |
| Dec 31, 2024 | 22.38% |
| Sep 30, 2024 | 22.12% |
| Jun 30, 2024 | 21.94% |
| Mar 31, 2024 | 20.71% |
| Dec 31, 2023 | 51.88% |
| Sep 30, 2023 | 22.22% |
| Jun 30, 2023 | 20.71% |
| Mar 31, 2023 | 19.68% |
| Dec 31, 2022 | 44.43% |
| Sep 30, 2022 | 18.63% |
| Jun 30, 2022 | 19.07% |
| Mar 31, 2022 | 18.34% |
| Dec 31, 2021 | 156.46% |
| Sep 30, 2021 | -3.11% |