Growth Metrics

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

Arthur J. Gallagher posted quarterly Tax Rate of 21.09% for Q1 2026, up 231.0% year-on-year from 6.37% in Q1 2025, and up 47.73% on a QoQ basis from 14.28% in Q4 2025.

Arthur J. Gallagher (AJG) has 18 years of Tax Rate data on file, last reported 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.
  • Across five years, Tax Rate topped out at 51.88% in Q4 2023 and bottomed at 158.77% in Q4 2022.
  • The 5-year median for Tax Rate is 20.71% (2023), against an average of 11.56%.
  • The widest annual swing landed in 2022, when Tax Rate sank 16171 bps; it then soared 21065 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 158.77% in 2022, then jumped by 133 bps to 51.88% in 2023, then plunged by 57 bps to 22.38% in 2024, then sank by 36 bps to 14.28% in 2025, then soared 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 Aon 69.60 Bn 68.21 Bn - 20.22
2 Arthur J. Gallagher 52.64 Bn 51.26 Bn - 21.09
3 Willis Towers Watson 24.45 Bn 22.68 Bn 1.98 Bn 18.62
4 Brown & Brown 19.37 Bn 18.39 Bn 1.61 Bn 19.89
5 XChange TEC.INC 6.95 Bn 6.95 Bn - -
6 Accelerant Holdings 3.83 Bn 2.32 Bn 48.00 Mn 305.00
7 Corvel 3.22 Bn 2.87 Bn 54.92 Mn 25.00
8 Baldwin Insurance 1.84 Bn 2.28 Bn - 98.71
9 Goosehead Insurance 1.01 Bn 899.53 Mn - 17.36
10 Twfg 279.02 Mn 351.22 Mn - 7.97

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
Sep 30, 2023 22.22
Sep 30, 2023 22.22
Jun 30, 2023 20.71
Jun 30, 2023 20.71
Mar 31, 2023 19.68
Mar 31, 2023 19.68
Dec 31, 2022 -158.77
Dec 31, 2022 -158.77
Sep 30, 2022 18.63
Sep 30, 2022 18.63
Jun 30, 2022 19.07
Jun 30, 2022 19.07
Mar 31, 2022 18.34
Mar 31, 2022 18.34
Dec 31, 2021 2.94
Dec 31, 2021 2.94
Sep 30, 2021 -3.11
Sep 30, 2021 -3.11
Jun 30, 2021 9.22
Jun 30, 2021 9.22
Mar 31, 2021 3.60
Mar 31, 2021 3.60
Dec 31, 2020 -11.14
Dec 31, 2020 -11.14
Sep 30, 2020 10.36
Sep 30, 2020 10.36
Jun 30, 2020 5.77
Jun 30, 2020 5.77
Mar 31, 2020 0.17
Mar 31, 2020 0.17
Dec 31, 2019 87.14
Dec 31, 2019 87.14
Sep 30, 2019 -19.43
Sep 30, 2019 -19.43
Jun 30, 2019 -15.07
Jun 30, 2019 -15.07
Mar 31, 2019 -9.29
Mar 31, 2019 -9.29
Dec 31, 2018 -195.83
Dec 31, 2018 -195.83
Sep 30, 2018 -53.27
Sep 30, 2018 -53.27
Jun 30, 2018 -19.40
Jun 30, 2018 -19.40
Mar 31, 2018 -18.04
Mar 31, 2018 -18.04
Dec 31, 2017 -168.84
Dec 31, 2017 -168.84
Sep 30, 2017 -53.58
Sep 30, 2017 -53.58
Jun 30, 2017 -44.73
Jun 30, 2017 -44.73
Mar 31, 2017 -21.24
Mar 31, 2017 -21.24
Dec 31, 2016 -111.21
Dec 31, 2016 -111.21
Sep 30, 2016 -37.41
Sep 30, 2016 -37.41
Jun 30, 2016 -13.24
Jun 30, 2016 -13.24
Mar 31, 2016 -3.95
Mar 31, 2016 -3.95
Dec 31, 2015 -139.79
Dec 31, 2015 -139.79
Sep 30, 2015 -33.30
Sep 30, 2015 -33.30
Jun 30, 2015 -14.86
Jun 30, 2015 -14.86
Mar 31, 2015 -4.85
Mar 31, 2015 -4.85
Dec 31, 2014 -83.17
Dec 31, 2014 -83.17
Sep 30, 2014 -6.18
Sep 30, 2014 -6.18
Jun 30, 2014 -1.61
Jun 30, 2014 -1.61
Mar 31, 2014 -5.75
Mar 31, 2014 -5.75
Dec 31, 2013 -71.60
Dec 31, 2013 -71.60
Sep 30, 2013 12.75
Sep 30, 2013 12.75
Jun 30, 2013 4.00
Jun 30, 2013 4.00
Mar 31, 2013 4.26
Mar 31, 2013 4.26
Dec 31, 2012 -16.74
Dec 31, 2012 -16.74
Sep 30, 2012 19.13
Sep 30, 2012 19.13
Jun 30, 2012 21.30
Jun 30, 2012 21.30
Mar 31, 2012 13.54
Mar 31, 2012 13.54
Dec 31, 2011 -22.36
Dec 31, 2011 -22.36
Sep 30, 2011 34.23
Sep 30, 2011 34.23
Jun 30, 2011 36.72
Jun 30, 2011 36.72
Mar 31, 2011 35.32
Mar 31, 2011 35.32
Dec 31, 2010 -78.29
Dec 31, 2010 -78.29
Sep 30, 2010 34.38
Sep 30, 2010 34.38
Jun 30, 2010 34.43
Jun 30, 2010 34.43
Mar 31, 2010 31.93
Mar 31, 2010 31.93
Dec 31, 2009 36.18
Dec 31, 2009 36.18
Sep 30, 2009 34.07
Sep 30, 2009 34.07
Jun 30, 2009 40.89
Jun 30, 2009 40.89