Arthur J. Gallagher Brokerage — Operating increased by 11.7% to $3.07B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 38.4%, from $2.22B to $3.07B. Over 4 years (FY 2021 to FY 2025), Brokerage — Operating shows an upward trend with a 19.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Lower operating expenses relative to revenue indicate better cost control and operational scalability.
Encompasses the day-to-day non-compensation operating expenses required to run the brokerage segment, such as office ren...
Standard operating expense category for service-based segments in large corporations.
ajg_segment_brokerage_operating| 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 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.16B | $1.16B | $1.16B | $1.43B | $1.43B | $1.43B | $1.43B | $1.77B | $1.77B | $1.77B | $1.77B | $1.99B | $1.93B | $1.88B | $1.87B | $2.22B | $2.10B | $2.37B | $2.75B | $3.07B |
| QoQ Change | — | +0.0% | +0.0% | +23.5% | +0.0% | +0.0% | +0.0% | +23.8% | +0.0% | +0.0% | +0.0% | +12.6% | -3.0% | -2.4% | -0.7% | +18.4% | -5.2% | +12.8% | +15.8% | +11.7% |
| YoY Change | — | — | — | — | +23.5% | +23.5% | +23.5% | +23.8% | +23.8% | +23.8% | +23.8% | +12.6% | +9.3% | +6.7% | +5.9% | +11.4% | +8.9% | +25.8% | +46.7% | +38.4% |