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+26.8% | $12.19B+22.7% | $11.32B+16.8% | $10.79B+14.6% | $10.38B+13.8% | |
| Corporate | -$4M-126% | $1M-93.8% | $14.9M+338% | $14.9M+326% | $15.6M+578% | |
| Risk Management | $1.64B+11.4% | $1.59B+9.3% | $1.54B+8.2% | $1.51B+8.8% | $1.47B+9.6% | |
| Net earnings by Business | ||||||
| Brokerage | $2.15B+16.2% | $2.05B+21.7% | $2.05B+23.6% | $2.03B+29.0% | $1.85B+20.9% | |
| Corporate | -$723.7M-57.7% | -$731.7M-87.6% | -$621.2M-64.7% | -$548.4M-55.4% | -$458.8M-32.2% | |
| Risk Management | $191.9M+8.6% | $182.9M+4.5% | $176.4M+3.6% | $171.5M+4.5% | $176.7M+14.1% | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Business | ||||||
| Brokerage | $13.17B+26.8% | $12.19B+22.7% | $11.32B+16.8% | $10.79B+14.6% | $10.38B+13.8% | |
| Corporate | -$4M-126% | $1M-93.8% | $14.9M+338% | $14.9M+326% | $15.6M+578% | |
| Risk Management | $1.81B+11.1% | $1.75B+9.0% | $1.7B+7.4% | $1.66B+8.2% | $1.63B+8.9% | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest by Business | ||||||
| Brokerage | $2.89B+16.3% | $2.76B+22.1% | $2.76B+47.6% | $2.72B+50.1% | $2.48B+41.3% | |
| Corporate | -$1.11B-47.9% | -$1.14B-82.7% | -$975.2M-50.7% | -$872.3M-39.8% | -$747.4M-20.4% | |
| Risk Management | $261.1M+8.4% | $249.1M+4.7% | $240.1M+1.5% | $233.4M+0.5% | $240.8M+11.1% | |
| Total Assets by Business | ||||||
| Brokerage | $248.25B+17.0% | $228.8B+6.9% | $223.69B+4.0% | $216.07B+2.0% | $212.12B+4.1% | |
| Corporate | $51.34B+30.4% | $66.84B+172% | $66.14B+502% | $52.2B+392% | $39.37B+272% | |
| Risk Management | $8.57B+20.5% | $8.32B+22.2% | $7.71B+13.5% | $7.44B+18.5% | $7.11B+22.4% | |
| Net earnings attributable to noncontrolling interests by Business | ||||||
| Brokerage | $5.5M-36.8% | $9.5M+18.8% | $6.5M-30.1% | $7.1M-23.7% | $8.7M-1.1% | |
| Corporate | $0— | $0— | $0+100% | $0+100% | $0+100% | |
| Risk Management | $0— | $0— | $0— | $0— | $0— | |
| Operating by Business | ||||||
| Brokerage | $10.28B+30.2% | $9.43B+22.9% | $8.56B+13.1% | $8.07B+8.3% | $7.9B+8.4% | |
| Corporate | $1.1B+44.3% | $1.14B+78.3% | $990.1M+58.9% | $887.2M+47.2% | $763M+26.2% | |
| Risk Management | $1.55B+11.5% | $1.5B+9.8% | $1.46B+9.8% | $1.43B+11.5% | $1.39B+10.3% | |
| Net foreign exchange (loss) gain by Business | ||||||
| Brokerage | -$2.7M-200% | -$3.7M-470% | $1.4M+188% | $3.2M+329% | $2.7M+486% | |
| Corporate | $26.5M— | $50.5M— | —— | —— | —— | |
| Risk Management | -$5.8M— | $200K— | $800K+132% | $600K+112% | $0+100% | |
| Amortizable intangible assets - net by Business | ||||||
| Brokerage | $36.15B+109% | $30.33B+74.7% | $24.26B+39.6% | $17.92B— | $17.27B— | |
| Corporate | $0— | $0— | $0— | $0— | $0— | |
| Risk Management | $785.6M+45.9% | $770.6M+44.5% | $686.6M+10.5% | $625M— | $538.5M— | |
| Compensation by Business | ||||||
| Brokerage | $7.25B+28.6% | $6.66B+21.0% | $6.08B+12.6% | $5.8B+10.8% | $5.64B+11.6% | |
| Corporate | $199.6M+31.5% | $207.6M+50.4% | $159.3M+18.9% | $154.8M+16.1% | $151.8M+11.2% | |
| Risk Management | $1.01B+12.0% | $973.9M+10.4% | $942.7M+10.7% | $923.5M+12.4% | $899.1M+12.9% | |
| Contract with Customer, Liability, Revenue Recognized by Business | ||||||
| Brokerage | $356.2M-9.2% | $335M-19.8% | $328.8M-22.4% | $391.3M+4.0% | $392.3M-1.6% | |
| Risk Management | $91.1M+0.2% | $88M+2.3% | $89.6M-7.6% | $91M-3.6% | $90.9M-3.6% | |
| Provision (benefit) for income taxes by Business | ||||||
| Brokerage | $737M+16.5% | $707M+23.4% | $707.4M+24.9% | $695M+29.2% | $632.5M+20.5% | |
| Corporate | -$382M-32.4% | -$405M-74.6% | -$354M-45.3% | -$323.9M-31.0% | -$288.6M-12.8% | |
| Risk Management | $69.2M+8.0% | $66.2M+5.1% | $63.7M+3.8% | $61.9M+4.9% | $64.1M+16.2% | |
| Remaining performance obligations by Business | ||||||
| Brokerage | $2.7B+28.0% | $2.45B+11.4% | $2.19B-5.0% | $2.04B-9.1% | $2.11B-4.3% | |
| Risk Management | $762M+9.2% | $725.8M+3.4% | $700.2M-0.1% | $696.8M-0.8% | $698M-0.2% | |
| Interest by Business | ||||||
| Brokerage | $0— | $0— | $0— | $0— | $0— | |
| Corporate | $638.6M+42.9% | $638.6M+67.6% | $579M+63.7% | $511.1M+52.6% | $446.8M+41.9% | |
| Risk Management | $0— | $0— | $0— | $0— | $0— | |
| Impact of change in foreign exchange rates by Business | ||||||
| Brokerage | -$35.1M-276% | -$21M— | $11.4M-62.9% | $39.8M+1,121% | $19.9M+243% | |
| Reimbursements by Business | ||||||
| Brokerage | $0— | $0— | $0— | $0— | $0— | |
| Corporate | $0— | $0— | $0— | $0— | $0— | |
| Risk Management | $167M+8.2% | $164M+6.5% | $157.8M+0.7% | $157.9M+2.0% | $154.4M+2.7% | |
| Depreciation by Business | ||||||
| Brokerage | $175.1M+31.5% | $159.1M+19.6% | $146.6M+12.7% | $139M+9.4% | $133.2M+5.9% | |
| Corporate | $7.3M0.0% | $7.3M+4.3% | $7.6M+19.7% | $7.3M+23.7% | $7.3M+33.9% | |
| Risk Management | $40.5M+9.2% | $40.5M+6.6% | $41.1M+13.2% | $40.2M+12.6% | $37.1M-2.1% | |
| Foreign currency translation adjustments during the period by Business | ||||||
| Brokerage | $262.2M+7,000% | $409.7M+285% | $45M-83.6% | $251.9M— | -$3.8M— | |
| Risk Management | $26.8M— | $26M— | -$1.9M— | $6M— | —— | |
| Amortization by Business | ||||||
| Brokerage | $961.4M+37.5% | $894.4M+37.4% | $760M+22.8% | $702.5M+19.3% | $699M+27.3% | |
| Corporate | $0— | $0— | $0— | $0— | $0— | |
| Risk Management | $23.3M+70.1% | $22.3M+59.3% | $20.5M+70.8% | $20.5M+99.0% | $13.7M+11.4% | |
| Goodwill acquired during the period by Business | ||||||
| Brokerage | $9.78B+1,098% | $9.77B+1,077% | $9.86B+780% | $1.43B+24.6% | $817M-51.2% | |
| Risk Management | $63.3M-28.8% | $134M+1,814% | $101.35M+184% | $87.2M+35.4% | $88.95M-4.5% | |
| Goodwill by Business | ||||||
| Brokerage | $79.52B+67.1% | $69.38B+48.9% | $59.22B+29.1% | $49.31B+11.1% | $47.59B+10.1% | |
| Corporate | $71.2M-6.1% | $73.2M-3.4% | $74.2M-2.1% | $75.3M-0.8% | $75.8M-0.7% | |
| Risk Management | $1.91B+33.6% | $1.81B+45.8% | $1.64B+42.4% | $1.53B+66.5% | $1.43B+105% | |
| Change in estimated acquisition earnout payables by Business | ||||||
| Brokerage | $44.6M-22.0% | $43.6M+67.7% | $76.1M-6.5% | $32.2M-83.1% | $57.2M-78.5% | |
| Corporate | $0— | $0— | $0— | $0— | $0— | |
| Risk Management | $2.6M+2,700% | $1.6M— | $800K+45.5% | $500K-28.6% | -$100K-112% | |
| Revenues before reimbursements by Product | ||||||
| Commissions | $8.9B+28.0% | $8.02B+19.9% | $7.47B+14.5% | $7.1B+11.5% | $6.95B+13.7% | |
| Contingent revenues | $346.1M+25.9% | $324.1M+20.9% | $294M+8.8% | $287.9M+13.0% | $275M+10.4% | |
| Fees | $4.42B+21.5% | $4.2B+16.3% | $3.89B+10.3% | $3.78B+10.2% | $3.64B+7.4% | |
| Interest income, premium finance revenues and other income (loss) | $607.4M-3.1% | $768.4M+62.5% | $792.3M+77.4% | $760.5M+84.1% | $626.6M+58.6% | |
| Supplemental revenues | $532.1M+40.4% | $466.1M+29.8% | $431.7M+22.6% | $393.2M+14.4% | $379.1M+16.2% | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Geography | ||||||
| Australia | $607.2M+4.9% | $586.2M+1.9% | $586.8M+6.9% | $587.6M+14.0% | $579M+18.2% | |
| Canada | $387.2M-6.1% | $395.2M-5.0% | $401.3M-5.2% | $406.6M-3.1% | $412.2M-0.3% | |
| New Zealand | $209.1M+1.5% | $207.1M-1.4% | $205.3M-3.3% | $205.8M-2.3% | $206.1M-1.9% | |
| Other foreign | $969.3M+29.5% | $885.3M+26.3% | $825.5M+21.1% | $780.3M+17.1% | $748.7M+17.8% | |
| United Kingdom | $2.56B+10.0% | $2.48B+11.3% | $2.41B+9.8% | $2.41B+13.7% | $2.32B+12.4% | |
| United States | $10.24B+32.1% | $9.39B+26.4% | $8.61B+19.3% | $8.08B+15.0% | $7.76B+14.0% | |
| Total Assets by Geography | ||||||
| Australia | $9.3B+5.8% | $9.05B+2.1% | $8.82B-3.6% | $8.78B— | $8.79B— | |
| Canada | $6.85B-3.6% | $7.08B-1.0% | $7.03B-1.8% | $7.07B— | $7.1B— | |
| New Zealand | $3.15B+2.1% | $3.1B+0.4% | $3.05B-3.1% | $3.11B— | $3.08B— | |
| Other foreign | $31.91B+21.9% | $31.34B+21.1% | $29.85B+16.2% | $28.23B— | $26.17B— | |
| United Kingdom | $74.05B-6.1% | $81.6B+2.4% | $82.2B+3.3% | $80.21B— | $78.87B— | |
| United States | $182.91B+35.9% | $171.79B+42.2% | $166.6B+54.1% | $148.31B— | $134.58B— | |
| Goodwill by Geography | ||||||
| Australia | $3.31B+10.1% | $3.18B+10.0% | $3.08B+9.4% | $3.05B+20.9% | $3.01B+32.4% | |
| Canada | $2.5B+3.7% | $2.48B+2.7% | $2.44B-0.5% | $2.44B+0.3% | $2.41B-0.1% | |
| New Zealand | $933.9M+14.8% | $902.4M+10.9% | $860.4M+2.9% | $844.1M+2.6% | $813.7M-1.5% | |
| Other foreign | $5.82B+27.3% | $5.21B+17.9% | $4.99B+13.0% | $4.79B+11.3% | $4.57B+8.2% | |
| United Kingdom | $12.51B+18.1% | $11.68B+13.3% | $11.27B+10.4% | $11.01B+11.4% | $10.59B+8.4% | |
| United States | $56.43B+104% | $47.8B+76.7% | $38.3B+45.1% | $28.79B+13.2% | $27.7B+13.1% |
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.
