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Arthur J. Gallagher AJG Brokerage — Goodwill acquired during the period

Other segment segments

Risk Management
$13M-84.5%
Corporate
$0

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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:GoodwillAcquiredDuringPeriod.

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 — goodwill acquired during the period?
Arthur J. Gallagher (AJG) reported brokerage — goodwill acquired during the period of $188M in Q1 2026.
How has Arthur J. Gallagher's brokerage — goodwill acquired during the period changed year-over-year?
Arthur J. Gallagher's brokerage — goodwill acquired during the period increased by 7.9% year-over-year, from $174.3M to $188M.
What is the long-term trend for Arthur J. Gallagher's brokerage — goodwill acquired during the period?
Over 4 years (2021 to 2025), Arthur J. Gallagher's brokerage — goodwill acquired during the period has grown at a 40.4% compound annual growth rate (CAGR), from $2.51B to $9.77B.
What does brokerage — goodwill acquired during the period mean?
Represents the value of goodwill recognized during the reporting period specifically within the brokerage business segment due to acquisitions. This reflects the premium paid over the fair value of net identifiable assets when purchasing other insurance brokerage firms. It is a key indicator of the company's inorganic growth strategy and capital deployment in the brokerage market.