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Arthur J. Gallagher AJG Net debt / EBITDA

Net debt / EBITDA at other companies

Marsh logo
MarshMRSH
2.9×0.0×
Brown & Brown logo
Brown & BrownBRO
3.8×+1.7×
Aon plc logo
Aon plcAON
2.9×-1.4×
Willis Towers Watson logo
Willis Towers WatsonWTW
1.9×-1.7×
American International Group logo
American International GroupAIG
1.1×+0.1×
W.R. Berkley logo
W.R. BerkleyWRB
-0.8×+0.3×

Other financials

Income statement

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Revenue$4.8B+27.7%
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+9.8%
CapEx$36.0M+28.6%
Free cash flow$921.0M+9.1%

Valuation

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Market cap$55.52B-37.0%
Enterprise value$68.12B-19.6%
P/E34.5×-22.1×
P/S3.7×-3.6×

Profitability

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

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

Calculated from Arthur J. Gallagher’s reported figures.

Based on the most recent quarter.

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 net debt / EBITDA?
Arthur J. Gallagher (AJG) reported net debt / EBITDA of 3.2× in Q1 2026.
How has Arthur J. Gallagher's net debt / EBITDA changed year-over-year?
Arthur J. Gallagher's net debt / EBITDA increased by 413.0% year-over-year, from -1× to 3.2×.
What is the long-term trend for Arthur J. Gallagher's net debt / EBITDA?
Over 4 years (2021 to 2025), Arthur J. Gallagher's net debt / EBITDA has grown at a -9.5% compound annual growth rate (CAGR), from 9× to 6.1×.
What does net debt / EBITDA mean?
How many years of operating earnings it would take to pay off the company's net debt.
How do you interpret net debt / EBITDA?
Lower is safer; lenders often covenant around 3–4×. A negative value means net cash (more cash than debt), a position of strength. Spikes can reflect a temporary EBITDA dip rather than new borrowing.
How does net debt / EBITDA compare across companies?
A standard leverage yardstick across non-financial sectors; covenant thresholds vary by industry cash-flow stability.