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Arthur J. Gallagher AJG United States — Goodwill

Other geography segments

United Kingdom
$3.03B
Australia
$829M
Canada
$628M
New Zealand
$233M

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Other financials

Income statement

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Revenue$4.0B+24.2%
Gross profit$2.0B+16.3%
Net income$324.0M-12.0%
EPS (diluted)$1.25-10.7%

Balance sheet

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Cash & equivalents$1.4B-90.3%
Total debt$15.6B+12.1%
Total equity$23.7B+3.0%
Total assets$81.8B+2.1%

Cash flow

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Operating cash flow$10.0M
CapEx$51.0M+27.5%
Free cash flow$921.0M+9.1%

Valuation

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Market cap$64.35B-12.3%
Enterprise value$78.59B+7.6%
P/E41×-3.7×
P/S4.1×-1.8×

Profitability

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Gross margin99.7%+14.0pp
Net margin10%-3.2pp
FCF margin21%-0.1pp

Returns & leverage

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Return on equity6.7%-2.8pp
Debt / equity0.7×+0.1×
Current ratio1.1×-0.3×

Where this comes from

Reported directly by Arthur J. Gallagher in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The source filing: Arthur J. Gallagher’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 5:03 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053489
At June 30, 2026BrokerageRisk ManagementCorporateTotal
United States$15,742$109$15,851
United Kingdom3,4911483,639
Canada606606
Australia630247877
New Zealand2218229
Other foreign1,79413171,824
Total goodwill$22,484$525$17$23,026
At December 31, 2025

Item 1. Financial Statements (Unaudited)

FAQ

What is Arthur J. Gallagher's united states — goodwill?
Arthur J. Gallagher (AJG) reported united states — goodwill of $15.85B in Q2 2026.
How has Arthur J. Gallagher's united states — goodwill changed year-over-year?
Arthur J. Gallagher's united states — goodwill increased by 102.9% year-over-year, from $7.81B to $15.85B.
What is the long-term trend for Arthur J. Gallagher's united states — goodwill?
Over 4 years (2021 to 2025), Arthur J. Gallagher's united states — goodwill has grown at a 33.1% compound annual growth rate (CAGR), from $15.25B to $47.8B.
What does united states — goodwill mean?
This represents the intangible asset value recorded when the company acquires businesses within the United States that exceeds the fair market value of their identifiable net assets. It reflects the premium paid for expected synergies, brand reputation, and customer relationships specific to the U.S. insurance brokerage and consulting market. Monitoring this balance is essential for assessing the carrying value of historical acquisitions and potential impairment risks.

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