Arthur J. Gallagher AJG Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenues before reimbursements by Business | ||||||
| Brokerage | $13.17B+8.0% | $12.19B+7.7% | $11.32B+4.9% | $10.79B+3.9% | $10.38B+4.5% | |
| Corporate | -$4M-500% | $1M-93.3% | $14.9M0.0% | $14.9M-4.5% | $15.6M-2.5% | |
| Risk Management | $1.64B+3.4% | $1.59B+3.1% | $1.54B+2.2% | $1.51B+2.3% | $1.47B+1.5% | |
| Net earnings by Business | ||||||
| Brokerage | $2.15B+4.7% | $2.05B0.0% | $2.05B+1.4% | $2.03B+9.5% | $1.85B+9.7% | |
| Corporate | -$723.7M+1.1% | -$731.7M-17.8% | -$621.2M-13.3% | -$548.4M-19.5% | -$458.8M-17.6% | |
| Risk Management | $191.9M+4.9% | $182.9M+3.7% | $176.4M+2.9% | $171.5M-2.9% | $176.7M+1.0% | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Business | ||||||
| Brokerage | $13.17B+8.0% | $12.19B+7.7% | $11.32B+4.9% | $10.79B+3.9% | $10.38B+4.5% | |
| Corporate | -$4M-500% | $1M-93.3% | $14.9M0.0% | $14.9M-4.5% | $15.6M-2.5% | |
| Risk Management | $1.81B+3.3% | $1.75B+3.2% | $1.7B+1.9% | $1.66B+2.3% | $1.63B+1.3% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| Brokerage | $2.89B+4.6% | $2.76B0.0% | $2.76B+1.5% | $2.72B+9.6% | $2.48B+9.9% | |
| Corporate | -$1.11B+2.7% | -$1.14B-16.6% | -$975.2M-11.8% | -$872.3M-16.7% | -$747.4M-20.2% | |
| Risk Management | $261.1M+4.8% | $249.1M+3.7% | $240.1M+2.9% | $233.4M-3.1% | $240.8M+1.2% | |
| Total Assets by Business | ||||||
| Brokerage | $248.25B+8.5% | $228.8B+2.3% | $223.69B+3.5% | $216.07B+1.9% | $212.12B-0.9% | |
| Corporate | $51.34B-23.2% | $66.84B+1.0% | $66.14B+26.7% | $52.2B+32.6% | $39.37B+59.9% | |
| Risk Management | $8.57B+3.1% | $8.32B+7.9% | $7.71B+3.5% | $7.44B+4.7% | $7.11B+4.5% | |
| Net earnings attributable to noncontrolling interests by Business | ||||||
| Brokerage | $5.5M-42.1% | $9.5M+46.2% | $6.5M-8.5% | $7.1M-18.4% | $8.7M+8.8% | |
| Corporate | $0— | $0— | $0— | $0— | $0— | |
| Risk Management | $0— | $0— | $0— | $0— | $0— | |
| Operating by Business | ||||||
| Brokerage | $10.28B+9.0% | $9.43B+10.2% | $8.56B+6.0% | $8.07B+2.2% | $7.9B+2.9% | |
| Corporate | $1.1B-3.2% | $1.14B+14.9% | $990.1M+11.6% | $887.2M+16.3% | $763M+19.6% | |
| Risk Management | $1.55B+3.0% | $1.5B+3.1% | $1.46B+1.8% | $1.43B+3.2% | $1.39B+1.4% | |
| Net foreign exchange (loss) gain by Business | ||||||
| Brokerage | -$2.7M+27.0% | -$3.7M-364% | $1.4M-56.3% | $3.2M+18.5% | $2.7M+170% | |
| Corporate | $26.5M-47.5% | $50.5M— | —— | —— | —— | |
| Risk Management | -$5.8M-3,000% | $200K-75.0% | $800K+33.3% | $600K— | $0— | |
| Amortizable intangible assets - net by Business | ||||||
| Brokerage | $36.15B+19.2% | $30.33B+25.0% | $24.26B+35.4% | $17.92B+3.8% | $17.27B-0.5% | |
| Corporate | $0— | $0— | $0— | $0— | $0— | |
| Risk Management | $785.6M+1.9% | $770.6M+12.2% | $686.6M+9.9% | $625M+16.1% | $538.5M+1.0% | |
| Compensation by Business | ||||||
| Brokerage | $7.25B+8.9% | $6.66B+9.5% | $6.08B+4.9% | $5.8B+2.8% | $5.64B+2.5% | |
| Corporate | $199.6M-3.9% | $207.6M+30.3% | $159.3M+2.9% | $154.8M+2.0% | $151.8M+10.0% | |
| Risk Management | $1.01B+3.4% | $973.9M+3.3% | $942.7M+2.1% | $923.5M+2.7% | $899.1M+1.9% | |
| Contract with Customer, Liability, Revenue Recognized by Business | ||||||
| Brokerage | $356.2M+6.3% | $335M+1.9% | $328.8M-16.0% | $391.3M-0.3% | $392.3M-6.1% | |
| Risk Management | $91.1M+3.5% | $88M-1.8% | $89.6M-1.5% | $91M+0.1% | $90.9M+5.7% | |
| Provision (benefit) for income taxes by Business | ||||||
| Brokerage | $737M+4.2% | $707M-0.1% | $707.4M+1.8% | $695M+9.9% | $632.5M+10.4% | |
| Corporate | -$382M+5.7% | -$405M-14.4% | -$354M-9.3% | -$323.9M-12.2% | -$288.6M-24.4% | |
| Risk Management | $69.2M+4.5% | $66.2M+3.9% | $63.7M+2.9% | $61.9M-3.4% | $64.1M+1.7% | |
| Remaining performance obligations by Business | ||||||
| Brokerage | $2.7B+10.4% | $2.45B+12.0% | $2.19B+6.9% | $2.04B-3.2% | $2.11B-3.9% | |
| Risk Management | $762M+5.0% | $725.8M+3.7% | $700.2M+0.5% | $696.8M-0.2% | $698M-0.6% | |
| Interest by Business | ||||||
| Brokerage | $0— | $0— | $0— | $0— | $0— | |
| Corporate | $638.6M0.0% | $638.6M+10.3% | $579M+13.3% | $511.1M+14.4% | $446.8M+17.3% | |
| Risk Management | $0— | $0— | $0— | $0— | $0— | |
| Impact of change in foreign exchange rates by Business | ||||||
| Brokerage | -$35.1M-67.1% | -$21M-284% | $11.4M-71.4% | $39.8M+100% | $19.9M— | |
| Reimbursements by Business | ||||||
| Brokerage | $0— | $0— | $0— | $0— | $0— | |
| Corporate | $0— | $0— | $0— | $0— | $0— | |
| Risk Management | $167M+1.8% | $164M+3.9% | $157.8M-0.1% | $157.9M+2.3% | $154.4M+0.3% | |
| Depreciation by Business | ||||||
| Brokerage | $175.1M+10.1% | $159.1M+8.5% | $146.6M+5.5% | $139M+4.4% | $133.2M+0.2% | |
| Corporate | $7.3M0.0% | $7.3M-3.9% | $7.6M+4.1% | $7.3M0.0% | $7.3M+4.3% | |
| Risk Management | $40.5M0.0% | $40.5M-1.5% | $41.1M+2.2% | $40.2M+8.4% | $37.1M-2.4% | |
| Foreign currency translation adjustments during the period by Business | ||||||
| Brokerage | $262.2M-36.0% | $409.7M+810% | $45M-82.1% | $251.9M+6,729% | -$3.8M+98.3% | |
| Risk Management | $26.8M+3.1% | $26M+1,468% | -$1.9M-132% | $6M— | —— | |
| Amortization by Business | ||||||
| Brokerage | $961.4M+7.5% | $894.4M+17.7% | $760M+8.2% | $702.5M+0.5% | $699M+7.4% | |
| Corporate | $0— | $0— | $0— | $0— | $0— | |
| Risk Management | $23.3M+4.5% | $22.3M+8.8% | $20.5M0.0% | $20.5M+49.6% | $13.7M-2.1% | |
| Goodwill acquired during the period by Business | ||||||
| Brokerage | $9.78B+0.1% | $9.77B-0.9% | $9.86B+588% | $1.43B+75.4% | $817M-1.6% | |
| Risk Management | $63.3M-52.8% | $134M+32.2% | $101.35M+16.2% | $87.2M-2.0% | $88.95M+1,171% | |
| Goodwill by Business | ||||||
| Brokerage | $79.52B+14.6% | $69.38B+17.1% | $59.22B+20.1% | $49.31B+3.6% | $47.59B+2.1% | |
| Corporate | $71.2M-2.7% | $73.2M-1.3% | $74.2M-1.5% | $75.3M-0.7% | $75.8M0.0% | |
| Risk Management | $1.91B+5.4% | $1.81B+10.3% | $1.64B+7.3% | $1.53B+7.1% | $1.43B+15.0% | |
| Change in estimated acquisition earnout payables by Business | ||||||
| Brokerage | $44.6M+2.3% | $43.6M-42.7% | $76.1M+136% | $32.2M-43.7% | $57.2M+120% | |
| Corporate | $0— | $0— | $0— | $0— | $0— | |
| Risk Management | $2.6M+62.5% | $1.6M+100% | $800K+60.0% | $500K+600% | -$100K— | |
| Revenues before reimbursements by Product | ||||||
| Commissions | $8.9B+10.9% | $8.02B+7.5% | $7.47B+5.2% | $7.1B+2.1% | $6.95B+3.8% | |
| Contingent revenues | $346.1M+6.8% | $324.1M+10.2% | $294M+2.1% | $287.9M+4.7% | $275M+2.6% | |
| Fees | $4.42B+5.4% | $4.2B+7.9% | $3.89B+3.0% | $3.78B+3.7% | $3.64B+0.9% | |
| Interest income, premium finance revenues and other income (loss) | $607.4M-21.0% | $768.4M-3.0% | $792.3M+4.2% | $760.5M+21.4% | $626.6M+32.5% | |
| Supplemental revenues | $532.1M+14.2% | $466.1M+8.0% | $431.7M+9.8% | $393.2M+3.7% | $379.1M+5.6% | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Geography | ||||||
| Australia | $607.2M+3.6% | $586.2M-0.1% | $586.8M-0.1% | $587.6M+1.5% | $579M+0.7% | |
| Canada | $387.2M-2.0% | $395.2M-1.5% | $401.3M-1.3% | $406.6M-1.4% | $412.2M-0.9% | |
| New Zealand | $209.1M+1.0% | $207.1M+0.9% | $205.3M-0.2% | $205.8M-0.1% | $206.1M-1.9% | |
| Other foreign | $969.3M+9.5% | $885.3M+7.2% | $825.5M+5.8% | $780.3M+4.2% | $748.7M+6.8% | |
| United Kingdom | $2.56B+3.1% | $2.48B+3.0% | $2.41B0.0% | $2.41B+3.6% | $2.32B+4.4% | |
| United States | $10.24B+9.1% | $9.39B+9.1% | $8.61B+6.4% | $8.08B+4.2% | $7.76B+4.4% | |
| Total Assets by Geography | ||||||
| Australia | $9.3B+2.8% | $9.05B+2.6% | $8.82B+0.4% | $8.78B-0.1% | $8.79B-0.8% | |
| Canada | $6.85B-3.2% | $7.08B+0.7% | $7.03B-0.7% | $7.07B-0.4% | $7.1B-0.6% | |
| New Zealand | $3.15B+1.4% | $3.1B+1.7% | $3.05B-1.9% | $3.11B+1.0% | $3.08B-0.3% | |
| Other foreign | $31.91B+1.8% | $31.34B+5.0% | $29.85B+5.7% | $28.23B+7.9% | $26.17B+1.1% | |
| United Kingdom | $74.05B-9.3% | $81.6B-0.7% | $82.2B+2.5% | $80.21B+1.7% | $78.87B-1.0% | |
| United States | $182.91B+6.5% | $171.79B+3.1% | $166.6B+12.3% | $148.31B+10.2% | $134.58B+11.4% | |
| Goodwill by Geography | ||||||
| Australia | $3.31B+4.2% | $3.18B+3.3% | $3.08B+0.9% | $3.05B+1.3% | $3.01B+4.2% | |
| Canada | $2.5B+0.8% | $2.48B+1.7% | $2.44B+0.2% | $2.44B+1.0% | $2.41B-0.1% | |
| New Zealand | $933.9M+3.5% | $902.4M+4.9% | $860.4M+1.9% | $844.1M+3.7% | $813.7M0.0% | |
| Other foreign | $5.82B+11.6% | $5.21B+4.6% | $4.99B+4.1% | $4.79B+4.8% | $4.57B+3.3% | |
| United Kingdom | $12.51B+7.0% | $11.68B+3.7% | $11.27B+2.3% | $11.01B+4.0% | $10.59B+2.7% | |
| United States | $56.43B+18.1% | $47.8B+24.8% | $38.3B+33.1% | $28.79B+3.9% | $27.7B+2.4% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Arthur J. Gallagher break its business down?
- Arthur J. Gallagher (AJG) reports revenues before reimbursements by business across 3 parts — Brokerage, Corporate and Risk Management. Each is extracted from the segment footnotes and tracked over time.
- Where does Arthur J. Gallagher's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Arthur J. Gallagher's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
