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Arthur J. Gallagher AJG Brokerage — Deferred revenue recognized from business acquisitions

Other segment segments

Risk Management
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Other financials

Income statement

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Revenue$4.8B+27.7%
Gross profit$2.0B+16.3%
Net income$822.0M+16.8%
EPS (diluted)$3.16+16.2%

Balance sheet

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Cash & equivalents$1.4B-91.5%
Total debt$14.0B+5.7%
Total equity$23.8B+6.5%
Total assets$78.3B+5.7%

Cash flow

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Operating cash flow$957.0M+9.7%
CapEx$36.0M+28.6%
Free cash flow$921.0M+9.1%

Valuation

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Market cap$55.98B-31.7%
Enterprise value$68.58B-12.7%
P/E34.7×-17.9×
P/S3.7×-3.1×

Profitability

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Gross margin99.7%+14.0pp
Net margin10.8%-2.2pp
FCF margin21%-0.1pp

Returns & leverage

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Return on equity7%-2.3pp
Debt / equity0.6×0.0×
Current ratio1.1×-0.4×

Where this comes from

Reported directly by Arthur J. Gallagher in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityIncreaseDecreaseForContractAcquiredInBusinessCombination.

The official record: Arthur J. Gallagher’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Arthur J. Gallagher's brokerage — deferred revenue recognized from business acquisitions?
Arthur J. Gallagher (AJG) reported brokerage — deferred revenue recognized from business acquisitions of $7M in Q1 2026.
How has Arthur J. Gallagher's brokerage — deferred revenue recognized from business acquisitions changed year-over-year?
Arthur J. Gallagher's brokerage — deferred revenue recognized from business acquisitions increased by 11.1% year-over-year, from $6.3M to $7M.
What is the long-term trend for Arthur J. Gallagher's brokerage — deferred revenue recognized from business acquisitions?
Over 4 years (2021 to 2025), Arthur J. Gallagher's brokerage — deferred revenue recognized from business acquisitions has grown at a 101.9% compound annual growth rate (CAGR), from $19.6M to $326M.
What does brokerage — deferred revenue recognized from business acquisitions mean?
This represents the revenue recognized from acquired brokerage businesses that was originally recorded as deferred revenue at the time of the acquisition. It helps investors understand the revenue contribution of acquired entities as their pre-existing contracts are fulfilled.