Financials in USD. Standardized financial statements.
A compact view of how Arthur J. Gallagher & Co. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $13.94B | $11.55B | $10.07B | $8.55B | $8.21B | $7.01B | $7.12B | $6.92B | $6.25B | $5.68B |
| Revenue Growth? | +20.7% | +14.7% | +17.8% | +4.2% | +17.1% | -1.5% | +2.8% | +10.9% | +9.9% | 0.0% |
| Cost of Revenue? | $6.31B | $6.68B | $5.83B | $4.95B | $5.23B | $4.50B | $4.83B | $4.98B | $4.52B | $4.08B |
| Gross Profit? | $7.63B | $4.88B | $4.25B | $3.60B | $2.98B | $2.51B | $2.29B | $1.94B | $1.73B | $1.60B |
| Gross Margin? | +54.8% | +42.2% | +42.1% | +42.1% | +36.2% | +35.8% | +32.1% | +28.0% | +27.6% | +28.2% |
| Operating Expenses? | $5.08B | $2.60B | $2.39B | $1.93B | $1.64B | $1.47B | $1.54B | $1.32B | $1.21B | $1.13B |
| Operating Income? | $2.55B | $2.28B | $1.86B | $1.67B | $1.34B | $1.04B | $745.90M | $617.20M | $511.40M | $475.50M |
| EBITDA? | $3.66B | $3.10B | $2.18B | $2.18B | $1.77B | $1.63B | $1.28B | $1.04B | $869.70M | $794.20M |
| Income Before Tax | $1.87B | $1.87B | $1.19B | $1.33B | $975.10M | $870.90M | $626.10M | $479.40M | $359.80M | $333.60M |
| Income Tax Expense | $368.30M | $404.40M | $219.10M | $211.00M | $20.10M | $12.80M | -$89.70M | -$196.50M | -$157.10M | -$96.70M |
| Net Income? | $1.49B | $1.46B | $969.50M | $1.11B | $906.80M | $818.80M | $668.80M | $633.50M | $481.30M | $396.80M |
| EPS? | $5.83 | $6.63 | $4.51 | $5.30 | $4.47 | $4.29 | $3.60 | $3.47 | $2.57 | $2.33 |
| Diluted EPS? | $5.75 | $6.53 | $4.42 | $5.19 | $4.37 | $4.20 | $3.52 | $3.40 | $2.54 | $2.32 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality