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Reimbursements at other companies

Willis Towers Watson logo
Willis Towers WatsonWTW
$22M+4.8%
Exponent logo
ExponentEXPO
$14.49M+79.5%
Marriott Vacations Worldwide logo
Marriott Vacations WorldwideVAC
$430M+15.3%
Huron Consulting Group logo
Huron Consulting GroupHURN
$8.06M-4.7%
Huron Consulting Group logo
Huron Consulting GroupHURN
$8.06M-4.6%
Huron Consulting Group logo
Huron Consulting GroupHURN
$3.98M-17.5%

Segments

By segment

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Risk Management$42M+7.7%
Brokerage$0
Corporate$0

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$58.07B-30.4%
Enterprise value$70.67B-15.0%
P/E36×-14.8×
P/S3.9×-2.8×

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:RevenueFromContractWithCustomerExcludingAssessedTaxReimbursements.

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 reimbursements?
Arthur J. Gallagher (AJG) reported reimbursements of $42M in Q1 2026.
How has Arthur J. Gallagher's reimbursements changed year-over-year?
Arthur J. Gallagher's reimbursements increased by 7.7% year-over-year, from $39M to $42M.
What is the long-term trend for Arthur J. Gallagher's reimbursements?
Over 4 years (2021 to 2025), Arthur J. Gallagher's reimbursements has grown at a 5.4% compound annual growth rate (CAGR), from $133M to $164M.
What does reimbursements mean?
This represents costs incurred by the company on behalf of clients that are subsequently reimbursed by those clients. These amounts are typically pass-through in nature and do not represent core service revenue. Monitoring this helps distinguish between actual business growth and fluctuations in client-related administrative expenses.