Financials · Insurance Brokers
Arthur J. Gallagher & Co.: revenue, profit and dividends
In fiscal 2025, Arthur J. Gallagher & Co. had revenue of $13.9B, up 10.0% a year on average since 2015, and net income of $1.49B (10.7% of revenue). Its dividend per share has gone up 15 years in a row, to $2.60. It has 45% more shares than in 2015.
Revenue, fiscal 2025
average annual revenue growth since 2015 · +20.7% vs 2024
- Ticker
- AJG · NYSE
- Sector
- Financials
- Sub-industry
- Insurance Brokers
- Headquarters
- Rolling Meadows, Illinois
- Founded
- 1927
- In the S&P 500 since
- May 31, 2016
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- Arthur J. Gallagher & Co. · CIK 0000354190
Revenue and net income
Revenue went from $1.65B in 2008 to $13.9B in 2025.
Diluted earnings per share
Diluted EPS went from $0.82 in 2008 to $5.74 in 2025. Ten-year growth: 10.8% a year.
Dividends per share
Raised 15 years in a row, every year from 2011 to 2025. Ten-year growth: 5.8% a year.
Shares outstanding
45.2% more shares in 2025 than in 2015 (177M → 257M): new shares outweighed buybacks.
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $1.78B in 2025, 12.8% of revenue.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Dividend | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $13.9B | $1.49B | 10.7% | $5.74 | $2.60 | 257M | $1.93B | $145M | $1.78B |
| 2024 | $11.6B | $1.46B | 12.7% | $6.50 | $2.40 | 255M | $2.58B | $142M | $2.44B |
| 2023 | $10.1B | $970M | 9.6% | $4.42 | $2.20 | 217M | $2.03B | $194M | $1.84B |
| 2022 | $8.55B | $1.11B | 13.0% | $5.19 | $2.04 | 212M | $1.39B | $183M | $1.21B |
| 2021 | $8.21B | $907M | 11.0% | $4.37 | $1.92 | 209M | $1.39B | $129M | $1.26B |
| 2020 | $7.0B | $819M | 11.7% | $4.20 | $1.80 | 194M | $1.81B | $99.3M | $1.71B |
| 2019 | $7.2B | $669M | 9.3% | $3.52 | $1.72 | 188M | $1.19B | $139M | $1.05B |
| 2018 | $6.93B | $634M | 9.1% | $3.40 | $1.64 | 184M | $765M | $124M | $641M |
| 2017 | $6.25B | $481M | 7.7% | $2.64 | $1.56 | 181M | $854M | $129M | $725M |
| 2016 | $5.68B | $397M | 7.0% | $2.22 | $1.52 | 179M | $650M | $218M | $432M |
| 2015 | $5.39B | $357M | 6.6% | $2.06 | $1.48 | 177M | $686M | $99M | $587M |
| 2014 | $4.63B | $303M | 6.6% | $1.97 | $1.44 | 165M | $437M | $81.5M | $355M |
| 2013 | $3.18B | $269M | 8.4% | $2.06 | $1.40 | 134M | $350M | $93.6M | $256M |
| 2012 | $2.52B | $195M | 7.7% | $1.59 | $1.36 | 126M | $343M | $51M | $292M |
| 2011 | $2.13B | $144M | 6.8% | $1.28 | $1.32 | 115M | $284M | $45.9M | $238M |
| 2010 | $1.86B | $174M | 9.3% | $1.66 | $1.28 | 109M | $230M | $25.1M | $204M |
| 2009 | $1.73B | $129M | 7.4% | $1.28 | $1.28 | — | $212M | $23.5M | $188M |
| 2008 | $1.65B | $77.3M | 4.7% | $0.82 | $1.28 | — | $161M | $32M | $129M |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
About these figures
- Share counts are the shares outstanding on the cover of each annual report: the diluted average is not in the data for enough years.
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Insurance Brokers companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.