What is Arthur J. Gallagher's brokerage — deferred tax liability?

Arthur J. Gallagher (AJG) reported brokerage — deferred tax liability of $237.80M in Q2 2025.

How has Arthur J. Gallagher's brokerage — deferred tax liability changed year-over-year?

Arthur J. Gallagher's brokerage — deferred tax liability increased by 1715.3% year-over-year, from $13.10M to $237.80M.

What is the long-term trend for Arthur J. Gallagher's brokerage — deferred tax liability?

Over 3 years (2021 to 2024), Arthur J. Gallagher's brokerage — deferred tax liability has grown at a -15.7% compound annual growth rate (CAGR), from $161.80M to $96.80M.

What does brokerage — deferred tax liability mean?

Future tax payments resulting from differences between accounting rules and tax laws regarding asset valuation.

Discontinued — last reported Q2 '25

Business Segments · Deferred tax liability

Brokerage — Deferred tax liability

Arthur J. Gallagher Brokerage — Deferred tax liability increased by 403.8% to $237.80M in Q2 2025 compared to the prior quarter. Year-over-year, this metric grew by 1715.3%, from $13.10M to $237.80M. Over 3 years (FY 2021 to FY 2024), Brokerage — Deferred tax liability shows a downward trend with a -15.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment

CategoryLeverage

SignalLower is better

VolatilityModerate

First reportedQ4 2015

Last reportedQ2 2025

Rolls up toDeferred Tax Liabilities, Gross

How to read this metric

An increase typically correlates with high levels of recent acquisition activity and the resulting intangible asset base.

Detailed definition

Represents the future tax obligations arising from temporary differences between the financial reporting carrying amount...

Peer comparison

Standard balance sheet item for all large-cap firms, specifically those with high M&A volume.

Metric ID: ajg_segment_brokerage_deferred_tax_liability

Historical Data

17 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25
Value	$26.50M	$20.20M	$89.80M	$10.20M	$22.50M	$22.50M	$29.60M	$13.10M	$105.40M	$113.50M	$172.00M	$5.70M	$13.10M	$13.10M	$64.90M	$47.20M	$237.80M
QoQ Change	—	-23.8%	+344.6%	-88.6%	+120.6%	+0.0%	+31.6%	-55.7%	+704.6%	+7.7%	+51.5%	-96.7%	+129.8%	+0.0%	+395.4%	-27.3%	+403.8%
YoY Change	—	—	—	—	-15.1%	+11.4%	-67.0%	+28.4%	+368.4%	+404.4%	+481.1%	-56.5%	-87.6%	-88.5%	-62.3%	+728.1%	>999%

Range$5.70M – $237.80M

CAGR+73.1%

Avg YoY Growth+258.5%

Median YoY Growth+11.4%

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Frequently Asked Questions

What is Arthur J. Gallagher's brokerage — deferred tax liability?: Arthur J. Gallagher (AJG) reported brokerage — deferred tax liability of $237.80M in Q2 2025.
How has Arthur J. Gallagher's brokerage — deferred tax liability changed year-over-year?: Arthur J. Gallagher's brokerage — deferred tax liability increased by 1715.3% year-over-year, from $13.10M to $237.80M.
What is the long-term trend for Arthur J. Gallagher's brokerage — deferred tax liability?: Over 3 years (2021 to 2024), Arthur J. Gallagher's brokerage — deferred tax liability has grown at a -15.7% compound annual growth rate (CAGR), from $161.80M to $96.80M.
What does brokerage — deferred tax liability mean?: Future tax payments resulting from differences between accounting rules and tax laws regarding asset valuation.