(AJG) Arthur J Gallagher - Overview

Sector: Financial Services | Industry: Insurance Brokers | Exchange: NYSE (USA) | Market Cap: 53.245m USD | Total Return: -36.1% in 12m

Stock Insurance Brokerage, Risk Management, Claims Services, Consulting
Total Rating 36
Safety 59
Buy Signal -0.75
Insurance Brokers +16.4
Insurance Brokers +9.8
Market Cap: 53,245m
Avg Trading Vol: 447M USD
ATR: 3.27%
Peers RS (IBD): 59.1
Risk 5d forecast
Volatility22.4%
Rel. Tail Risk1.69%
Reward TTM
Sharpe Ratio-1.61
Alpha-42.68
Character TTM
Beta0.186
Beta Downside0.292
Drawdowns 3y
Max DD40.88%
CAGR/Max DD0.12
EPS (Earnings per Share) EPS (Earnings per Share) of AJG over the last years for every Quarter: "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, "2025-12": 2.38, "2026-03": 0,
EPS CAGR: -43.91%
EPS Trend: -16.1%
Last SUE: -4.00
Qual. Beats: 0
Revenue Revenue of AJG over the last years for every Quarter: 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: 3365.6, 2025-12: 3628, 2026-03: null,
Rev. CAGR: 11.23%
Rev. Trend: 86.2%
Last SUE: 3.24
Qual. Beats: 1
Description: AJG Arthur J Gallagher

Arthur J. Gallagher & Co. (AJG) provides insurance and reinsurance brokerage, consulting, and claims administration services globally. The company operates in two segments: Brokerage and Risk Management. The insurance brokerage sector is characterized by high fragmentation and reliance on strong client relationships.

The Brokerage segment offers retail and wholesale insurance and reinsurance brokerage services, assisting with specialized and hard-to-place insurance. This segment also acts as a managing general agent and underwriter for distributing specialized insurance coverages. Brokerage firms typically earn commissions on premiums placed.

The Risk Management segment provides contract claim settlement, administration, and loss control consulting services. This segment focuses on managing risk exposure for clients, a critical component of business operations across all industries.

AJG serves a diverse client base including commercial, industrial, public, religious, and nonprofit entities. To further understand AJGs financial performance and market position, consider exploring its detailed financials on ValueRay.

Headlines to Watch Out For
  • Acquisition strategy drives brokerage segment growth
  • Global economic conditions impact insurance demand
  • Regulatory changes affect compliance costs
  • Catastrophic events increase claims and reinsurance costs
  • Interest rate fluctuations influence investment income
Piotroski VR‑10 (Strict) 4.0
Net Income: 1.49b TTM > 0 and > 6% of Revenue
FCF/TA: 0.03 > 0.02 and ΔFCF/TA -1.27 > 1.0
NWC/Revenue: 13.18% < 20% (prev 128.5%; Δ -115.4% < -1%)
CFO/TA 0.03 > 3% & CFO 1.93b > Net Income 1.49b
Net Debt (12.60b) to EBITDA (3.66b): 3.44 < 3
Current Ratio: 1.06 > 1.5 & < 3
Outstanding Shares: last quarter (260.3m) vs 12m ago 12.67% < -2%
Gross Margin: 54.75% > 18% (prev 0.42%; Δ 5.43k% > 0.5%)
Asset Turnover: 20.67% > 50% (prev 17.98%; Δ 2.68% > 0%)
Interest Coverage Ratio: 3.97 > 6 (EBITDA TTM 3.66b / Interest Expense TTM 638.8m)
Altman Z'' 0.81
A: 0.03 (Total Current Assets 34.36b - Total Current Liabilities 32.52b) / Total Assets 70.67b
B: 0.08 (Retained Earnings 5.81b / Total Assets 70.67b)
C: 0.04 (EBIT TTM 2.54b / Avg Total Assets 67.46b)
D: 0.12 (Book Value of Equity 5.54b / Total Liabilities 47.32b)
Altman-Z'' Score: 0.81 = B
Beneish M -2.62
DSRI: 1.10 (Receivables 5.17b/3.90b, Revenue 13.94b/11.55b)
GMI: 0.77 (GM 54.75% / 42.22%)
AQI: 1.66 (AQ_t 0.49 / AQ_t-1 0.30)
SGI: 1.21 (Revenue 13.94b / 11.55b)
TATA: -0.01 (NI 1.49b - CFO 1.93b) / TA 70.67b)
Beneish M-Score: -2.62 (Cap -4..+1) = A
What is the price of AJG shares? As of April 03, 2026, the stock is trading at USD 216.58 with a total of 2,302,294 shares traded.
Over the past week, the price has changed by +3.49%, over one month by -4.80%, over three months by -14.74% and over the past year by -36.13%.
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.
  • StrongBuy: 6
  • Buy: 3
  • Hold: 7
  • Sell: 1
  • StrongSell: 0
What are the forecasts/targets for the AJG price?
Wallstreet Target Price 271.4 25.3%
Analysts Target Price 271.4 25.3%
AJG Fundamental Data Overview as of 30 March 2026
P/E Trailing = 36.0801
P/E Forward = 16.1551
P/S = 4.093
P/B = 2.3683
P/EG = 0.9283
Revenue TTM = 13.94b USD
EBIT TTM = 2.54b USD
EBITDA TTM = 3.66b USD
Long Term Debt = 12.10b USD (from longTermDebt, last quarter)
Short Term Debt = 866.0m USD (from shortTermDebt, last quarter)
Debt = 14.00b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 12.60b USD (from netDebt column, last quarter)
Enterprise Value = 65.85b USD (53.25b + Debt 14.00b - CCE 1.40b)
Interest Coverage Ratio = 3.97 (Ebit TTM 2.54b / Interest Expense TTM 638.8m)
EV/FCF = 36.89x (Enterprise Value 65.85b / FCF TTM 1.78b)
FCF Yield = 2.71% (FCF TTM 1.78b / Enterprise Value 65.85b)
FCF Margin = 12.80% (FCF TTM 1.78b / Revenue TTM 13.94b)
Net Margin = 10.72% (Net Income TTM 1.49b / Revenue TTM 13.94b)
Gross Margin = 54.75% ((Revenue TTM 13.94b - Cost of Revenue TTM 6.31b) / Revenue TTM)
Gross Margin QoQ = 39.11% (prev 90.60%)
Tobins Q-Ratio = 0.93 (Enterprise Value 65.85b / Total Assets 70.67b)
Interest Expense / Debt = 1.15% (Interest Expense 161.0m / Debt 14.00b)
Taxrate = 14.44% (26.0m / 180.0m)
NOPAT = 2.17b (EBIT 2.54b * (1 - 14.44%))
Current Ratio = 1.06 (Total Current Assets 34.36b / Total Current Liabilities 32.52b)
Debt / Equity = 0.60 (Debt 14.00b / totalStockholderEquity, last quarter 23.32b)
Debt / EBITDA = 3.44 (Net Debt 12.60b / EBITDA 3.66b)
Debt / FCF = 7.06 (Net Debt 12.60b / FCF TTM 1.78b)
Total Stockholder Equity = 22.97b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.21% (Net Income 1.49b / Total Assets 70.67b)
RoE = 6.50% (Net Income TTM 1.49b / Total Stockholder Equity 22.97b)
RoCE = 7.24% (EBIT 2.54b / Capital Employed (Equity 22.97b + L.T.Debt 12.10b))
RoIC = 6.04% (NOPAT 2.17b / Invested Capital 35.98b)
WACC = 5.46% (E(53.25b)/V(67.25b) * Re(6.64%) + D(14.00b)/V(67.25b) * Rd(1.15%) * (1-Tc(0.14)))
Discount Rate = 6.64% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: 100.0 | Cagr: 9.70%
[DCF] Terminal Value 86.83% ; FCFF base≈2.05b ; Y1≈2.15b ; Y5≈2.53b
[DCF] Fair Price = 242.0 (EV 74.76b - Net Debt 12.60b = Equity 62.16b / Shares 256.9m; r=6.0% [WACC]; 5y FCF grow 5.67% → 3.0% )
EPS Correlation: -16.07 | EPS CAGR: -43.91% | SUE: -4.0 | # QB: 0
Revenue Correlation: 86.20 | Revenue CAGR: 11.23% | SUE: 3.24 | # QB: 1
EPS next Quarter (2026-06-30): EPS=2.89 | Chg7d=-0.005 | Chg30d=-0.017 | Revisions Net=-4 | Analysts=20
EPS current Year (2026-12-31): EPS=13.22 | Chg7d=-0.032 | Chg30d=-0.024 | Revisions Net=-6 | Growth EPS=+23.7% | Growth Revenue=+20.8%
EPS next Year (2027-12-31): EPS=14.85 | Chg7d=-0.039 | Chg30d=-0.042 | Revisions Net=-9 | Growth EPS=+12.3% | Growth Revenue=+9.0%
[Analyst] Revisions Ratio: -0.29 (5 Up / 9 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 5.2% (Discount Rate 7.9% - Earnings Yield 2.8%)
[Growth] Growth Spread = +21.6% (Analyst 26.7% - Implied 5.2%)
External Resources
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