(AJG) Arthur J Gallagher - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US3635761097

Insurance Brokerage, Reinsurance, Claims Administration, Risk Consulting

AJG EPS (Earnings per Share)

EPS (Earnings per Share) of AJG over the last years for every Quarter: "2020-09": 1.08, "2020-12": 0.88, "2021-03": 2.02, "2021-06": 1.17, "2021-09": 1.33, "2021-12": 0.98, "2022-03": 2.81, "2022-06": 1.7, "2022-09": 1.72, "2022-12": 1.3, "2023-03": 3.14, "2023-06": 1.9, "2023-09": 2, "2023-12": 1.85, "2024-03": 3.49, "2024-06": 2.26, "2024-09": 2.26, "2024-12": 2.13, "2025-03": 2.72, "2025-06": 2.33, "2025-09": 2.32,

AJG Revenue

Revenue of AJG over the last years for every Quarter: 2020-09: 1845.7, 2020-12: 1714, 2021-03: 2160.9, 2021-06: 1932.9, 2021-09: 2133.9, 2021-12: 1962.8, 2022-03: 2433.9, 2022-06: 2040.2, 2022-09: 2045.3, 2022-12: 2018.2, 2023-03: 2706.1, 2023-06: 2441.9, 2023-09: 2492, 2023-12: 2437.8, 2024-03: 3256.7, 2024-06: 2775.4, 2024-09: 2806.8, 2024-12: 2716, 2025-03: 3727.4, 2025-06: 3220.8, 2025-09: null,

Description: AJG Arthur J Gallagher September 26, 2025

Arthur J. Gallagher & Co. (NYSE:AJG) operates globally through two primary segments-Brokerage and Risk Management-offering a full suite of insurance and reinsurance brokerage, consulting, and third-party claims settlement services to commercial, industrial, public, religious, nonprofit, and underwriting clients.

In the Brokerage segment, Gallagher acts as both a retail and wholesale broker, placing hard-to-place and specialty risks, managing general agents/underwriters, and handling the full policy lifecycle (marketing, underwriting, premium collection, claims payment, and reinsurance negotiations). This segment also administers employer-sponsored benefit programs and provides risk-of-loss management services.

The Risk Management segment focuses on contract claim settlement, loss-control consulting, and property appraisal services, delivering end-to-end claims administration for a diverse client base via a network of correspondent brokers and consultants.

Key financial and market indicators (FY 2023): revenue of $8.2 billion, operating margin of ~13%, and a combined ratio of 94% in the core brokerage business-both metrics that signal pricing power and underwriting discipline. The company’s growth is partly driven by rising commercial construction activity and increasing demand for cyber-risk coverage, while a higher interest-rate environment supports investment income and improves the profitability of its insurance-linked securities.

Sector dynamics worth monitoring include the consolidation trend among insurance brokers, the regulatory pressure on reinsurance pricing, and the macro-economic sensitivity of commercial lines to GDP growth and corporate capital expenditures.

For a deeper, data-driven assessment of AJG’s valuation and risk profile, you may find the analytics on ValueRay useful as a next step in your research.

AJG Stock Overview

Market Cap in USD 67,175m
Sub-Industry Insurance Brokers
IPO / Inception 1984-09-07

AJG Stock Ratings

Growth Rating 35.4%
Fundamental 64.2%
Dividend Rating 58.4%
Return 12m vs S&P 500 -25.9%
Analyst Rating 3.82 of 5

AJG Dividends

Dividend Yield 12m 1.04%
Yield on Cost 5y 2.45%
Annual Growth 5y 7.46%
Payout Consistency 97.8%
Payout Ratio 26.8%

AJG Growth Ratios

Growth Correlation 3m -36.4%
Growth Correlation 12m -7.4%
Growth Correlation 5y 98%
CAGR 5y 9.41%
CAGR/Max DD 3y (Calmar Ratio) 0.31
CAGR/Mean DD 3y (Pain Ratio) 1.91
Sharpe Ratio 12m 0.46
Alpha -27.28
Beta 0.730
Volatility 26.39%
Current Volume 1230.7k
Average Volume 20d 1424.1k
Stop Loss 237.8 (-3%)
Signal -0.23

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (1.64b TTM) > 0 and > 6% of Revenue (6% = 748.3m TTM)
FCFTA 0.02 (>2.0%) and ΔFCFTA -1.58pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 18.02% (prev 19.00%; Δ -0.98pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.03 (>3.0%) and CFO 2.12b > Net Income 1.64b (YES >=105%, WARN >=100%)
Net Debt (-52.2m) to EBITDA (3.50b) ratio: -0.01 <= 3.0 (WARN <= 3.5)
Current Ratio 1.06 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (NaN) change vs 12m ago NaN% (target <= -2.0% for YES)
Gross Margin 43.58% (prev 42.04%; Δ 1.55pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 18.30% (prev 19.15%; Δ -0.85pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 5.06 (EBITDA TTM 3.50b / Interest Expense TTM 511.8m) >= 6 (WARN >= 3)

Altman Z'' 0.79

(A) 0.03 = (Total Current Assets 43.01b - Total Current Liabilities 40.76b) / Total Assets 79.07b
(B) 0.07 = Retained Earnings (Balance) 5.82b / Total Assets 79.07b
(C) 0.04 = EBIT TTM 2.59b / Avg Total Assets 68.16b
(D) 0.10 = Book Value of Equity 5.50b / Total Liabilities 55.83b
Total Rating: 0.79 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 64.17

1. Piotroski 4.0pt = -1.0
2. FCF Yield 2.94% = 1.47
3. FCF Margin 15.81% = 3.95
4. Debt/Equity 0.06 = 2.50
5. Debt/Ebitda -0.01 = 2.50
6. ROIC - WACC (= -2.95)% = -3.69
7. RoE 7.40% = 0.62
8. Rev. Trend 82.51% = 6.19
9. EPS Trend 32.76% = 1.64

What is the price of AJG shares?

As of November 07, 2025, the stock is trading at USD 245.24 with a total of 1,230,731 shares traded.
Over the past week, the price has changed by -6.41%, over one month by -20.67%, over three months by -14.14% and over the past year by -14.95%.

Is Arthur J Gallagher a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Arthur J Gallagher is currently (November 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 64.17 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of AJG is around 237.61 USD . This means that AJG is currently overvalued and has a potential downside of -3.11%.

Is AJG a buy, sell or hold?

Arthur J Gallagher has received a consensus analysts rating of 3.82. Therefore, it is recommended to buy AJG.
  • Strong Buy: 6
  • Buy: 3
  • Hold: 7
  • Sell: 1
  • Strong Sell: 0

What are the forecasts/targets for the AJG price?

Issuer Target Up/Down from current
Wallstreet Target Price 327.1 33.4%
Analysts Target Price 327.1 33.4%
ValueRay Target Price 265.5 8.2%

AJG Fundamental Data Overview November 02, 2025

Market Cap USD = 67.17b (67.17b USD * 1.0 USD.USD)
P/E Trailing = 39.8546
P/E Forward = 22.6244
P/S = 5.8152
P/B = 3.4371
P/EG = 1.0099
Beta = 0.73
Revenue TTM = 12.47b USD
EBIT TTM = 2.59b USD
EBITDA TTM = 3.50b USD
Long Term Debt = 12.73b USD (from longTermDebt, last fiscal year)
Short Term Debt = 770.0m USD (from shortTermDebt, last quarter)
Debt = 1.35b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -52.2m USD (from netDebt column, last quarter)
Enterprise Value = 67.12b USD (67.17b + Debt 1.35b - CCE 1.40b)
Interest Coverage Ratio = 5.06 (Ebit TTM 2.59b / Interest Expense TTM 511.8m)
FCF Yield = 2.94% (FCF TTM 1.97b / Enterprise Value 67.12b)
FCF Margin = 15.81% (FCF TTM 1.97b / Revenue TTM 12.47b)
Net Margin = 13.16% (Net Income TTM 1.64b / Revenue TTM 12.47b)
Gross Margin = 43.58% ((Revenue TTM 12.47b - Cost of Revenue TTM 7.04b) / Revenue TTM)
Gross Margin QoQ = 42.68% (prev 48.04%)
Tobins Q-Ratio = 0.85 (Enterprise Value 67.12b / Total Assets 79.07b)
Interest Expense / Debt = 11.77% (Interest Expense 158.6m / Debt 1.35b)
Taxrate = 22.32% (105.2m / 471.4m)
NOPAT = 2.01b (EBIT 2.59b * (1 - 22.32%))
Current Ratio = 1.06 (Total Current Assets 43.01b / Total Current Liabilities 40.76b)
Debt / Equity = 0.06 (Debt 1.35b / totalStockholderEquity, last quarter 23.21b)
Debt / EBITDA = -0.01 (Net Debt -52.2m / EBITDA 3.50b)
Debt / FCF = -0.03 (Net Debt -52.2m / FCF TTM 1.97b)
Total Stockholder Equity = 22.18b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.08% (Net Income 1.64b / Total Assets 79.07b)
RoE = 7.40% (Net Income TTM 1.64b / Total Stockholder Equity 22.18b)
RoCE = 7.42% (EBIT 2.59b / Capital Employed (Equity 22.18b + L.T.Debt 12.73b))
RoIC = 5.77% (NOPAT 2.01b / Invested Capital 34.88b)
WACC = 8.72% (E(67.17b)/V(68.52b) * Re(8.71%) + D(1.35b)/V(68.52b) * Rd(11.77%) * (1-Tc(0.22)))
Discount Rate = 8.71% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 9.72%
[DCF Debug] Terminal Value 76.94% ; FCFE base≈2.12b ; Y1≈2.27b ; Y5≈2.76b
Fair Price DCF = 166.1 (DCF Value 42.58b / Shares Outstanding 256.4m; 5y FCF grow 7.93% → 3.0% )
EPS Correlation: 32.76 | EPS CAGR: 23.44% | SUE: -1.89 | # QB: 0
Revenue Correlation: 82.51 | Revenue CAGR: 17.95% | SUE: 0.47 | # QB: 0

Additional Sources for AJG Stock

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