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Arthur J. Gallagher AJG Revenues before reimbursements

Revenues before reimbursements at other companies

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ExponentEXPO
$148.86M+12.0%
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$148.86M+12.0%
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$68.34M-12.0%
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Marcus CorporationMCS
$220.71M+12.8%
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Marcus CorporationMCS
$149.85M+14.4%
APA
Artisan Partners Asset Management Inc.APAM
$177.42M+9.9%

Segments

By product

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Commissions$2.44B+35.1%
Fees$1.18B+23.0%
Supplemental revenues$141M+36.9%
Interest income, premium finance revenues and other income (loss)$98M-57.9%
Contingent revenues$91M+24.7%

By segment

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Brokerage$3.5B+25.7%
Risk Management$453M+15.6%
Corporate$0

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$64.71B-12.8%
Enterprise value$78.95B+6.9%
P/E41.2×-3.9×
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 ajg:RevenueFromContractWithCustomerBeforeReimbursementsExcludingAssessedTax.

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
Line itemThree-month period ended June 30, 2026Three-month period ended June 30, 2025Six-month period ended June 30, 2026Six-month period ended June 30, 2025
Supplemental revenues141103321217
Contingent revenues9173206166
Interest income, premium finance revenues and other income98233184480
Revenues before reimbursements3,9553,1798,6716,867
Reimbursements48439082
Total revenues4,0033,2228,7616,949
Compensation2,3301,8044,8463,701
Operating6795191,3221,009

Item 1. Financial Statements (Unaudited)

FAQ

What is Arthur J. Gallagher's revenues before reimbursements?
Arthur J. Gallagher (AJG) reported revenues before reimbursements of $3.96B in Q2 2026.
How has Arthur J. Gallagher's revenues before reimbursements changed year-over-year?
Arthur J. Gallagher's revenues before reimbursements increased by 24.4% year-over-year, from $3.18B to $3.96B.
What is the long-term trend for Arthur J. Gallagher's revenues before reimbursements?
Over 4 years (2021 to 2025), Arthur J. Gallagher's revenues before reimbursements has grown at a 14.3% compound annual growth rate (CAGR), from $8.08B to $13.78B.
What does revenues before reimbursements mean?
This represents the gross revenue earned from core brokerage and consulting services before the inclusion of pass-through expense reimbursements. It serves as the primary indicator of the company's organic business volume and service delivery scale. By excluding reimbursements, it provides a clearer view of the actual fees and commissions generated from client contracts.

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