Arthur J. Gallagher (AJG) Tax Rate (2009 - 2026)

Arthur J. Gallagher (AJG) reported Tax Rate of 21.09% for Q1 2026, up 231.0% on a YoY basis from 6.37% in Q1 2025, and up 47.73% quarter-over-quarter from 14.28% in Q4 2025.

Arthur J. Gallagher (AJG) Tax Rate (2009 - 2026) Analysis & Trends

Arthur J. Gallagher has reported Tax Rate for 18 years, with the latest figure at 21.09% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 231.0% year-over-year to 21.09%; the trailing twelve-month figure through Mar 2026 stood at 20.78% (up 13.0% YoY), and the FY2025 full-year result was 19.67%, down 188.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 21.09%, up from 14.28% in the prior quarter.
  • The five-year high for Tax Rate was 51.88% in Q4 2023, with the low at 158.77% in Q4 2022.
  • Historically, Tax Rate has averaged 11.56% across 5 years, with a median of 20.71% in 2023.
  • Annual changes were most pronounced in 2022 — Tax Rate tumbled 16171 bps — and 2023, when it soared 21065 bps.
  • Arthur J. Gallagher's Tax Rate stood at 158.77% in 2022, then soared by 133 bps to 51.88% in 2023, then sank by 57 bps to 22.38% in 2024, then slumped by 36 bps to 14.28% in 2025, then surged by 48 bps to 21.09% in 2026.
  • The last three Tax Rate figures came in at 21.09% (Q1 2026), 14.28% (Q4 2025), and 21.13% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn 24.98%
2 Aon 69.98 Bn 68.59 Bn - 20.22%
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 21.09%
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn 18.62%
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 19.89%
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - 27.06%
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn 25.00%
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn 305.00%
10 Baldwin Insurance 1.62 Bn 2.07 Bn - 98.71%

Historic Data

Download Data
DateValue
Mar 31, 2026 21.09%
Mar 31, 2026 21.09%
Dec 31, 2025 14.28%
Dec 31, 2025 14.28%
Sep 30, 2025 21.13%
Sep 30, 2025 21.13%
Jun 30, 2025 22.32%
Jun 30, 2025 22.32%
Mar 31, 2025 18.79%
Mar 31, 2025 18.79%
Dec 31, 2024 22.38%
Dec 31, 2024 22.38%
Sep 30, 2024 22.12%
Sep 30, 2024 22.12%
Jun 30, 2024 21.94%
Jun 30, 2024 21.94%
Mar 31, 2024 20.71%
Mar 31, 2024 20.71%
Dec 31, 2023 51.88%
Dec 31, 2023 51.88%