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Arthur J. Gallagher AJG Brokerage Management — Goodwill

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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 ajg:BusinessAcquisitionsPurchasePriceAllocationGoodwillAmount.

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 management — goodwill?
Arthur J. Gallagher (AJG) reported brokerage management — goodwill of $201M in Q1 2026.
How has Arthur J. Gallagher's brokerage management — goodwill changed year-over-year?
Arthur J. Gallagher's brokerage management — goodwill decreased by 22.1% year-over-year, from $258M to $201M.
What does brokerage management — goodwill mean?
This represents the intangible asset value arising from the acquisition of insurance brokerage firms, reflecting the premium paid over the fair value of net identifiable assets. It captures the value of established client relationships, brand reputation, and synergies within the brokerage management segment. This asset is subject to periodic impairment testing to ensure its carrying value remains supported by future cash flows.