For the year ending 2025-12-31, AJG made $13,942,000K in revenue. $1,494,000K in net income. Net profit margin of 10.72%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total revenues | 13,942,000 | 11,554,900 | 10,071,900 | 8,550,600 |
| Compensation | 7,842,000 | 6,522,300 | 5,681,200 | 4,799,800 |
| Operating | 2,258,000 | 1,753,900 | 1,689,700 | 1,330,900 |
| Reimbursements | 164,000 | 154,300 | 145,400 | 130,500 |
| Cost of revenues from clean coal activities | - | - | - | 22,900 |
| Interest | 639,000 | 381,300 | 296,700 | 256,900 |
| Depreciation | 206,000 | 177,500 | 165,200 | 144,700 |
| Amortization | 916,000 | 664,800 | 531,300 | 454,900 |
| Change in estimated acquisition earnout payables | 46,000 | 26,000 | 377,300 | 83,000 |
| Total expenses | 12,071,000 | 9,680,100 | 8,886,800 | 7,223,600 |
| Total earnings before income taxes | 1,871,000 | 1,874,800 | 1,185,100 | 1,327,000 |
| Federal statutory rate | - | 393,700 | - | - |
| State income taxes - net of federal benefit | - | 61,000 | - | - |
| Differences related to non u.s. operations | - | -13,800 | - | - |
| Alternative energy and other tax credits | - | 8,900 | - | - |
| Other permanent differences | - | 42,600 | - | - |
| Stock-based compensation | - | -88,900 | - | - |
| Changes in unrecognized tax benefits | - | 7,400 | - | - |
| Change in valuation allowance | - | 10,000 | - | - |
| Change in u.s. and u.k. tax rates | - | 1,300 | - | - |
| Provision for income taxes | 368,000 | 404,400 | 219,100 | 211,000 |
| Net earnings | 1,503,000 | 1,470,400 | 966,000 | 1,116,000 |
| Net earnings (loss) attributable to noncontrolling interests | 9,000 | 7,700 | -3,500 | 1,800 |
| Net earnings attributable to controlling interests | 1,494,000 | 1,462,700 | 969,500 | 1,114,200 |
| Basic net earnings per share (in dollars per share) | 5.83 | 6.63 | 4.51 | 5.3 |
| Diluted net earnings per share (in dollars per share) | 5.74 | 6.5 | 4.42 | 5.19 |
| Weighted average number of common shares outstanding (in shares) | 256,100,000 | 220,500,000 | 214,900,000 | 210,300,000 |
Arthur J. Gallagher & Co. (AJG)
Arthur J. Gallagher & Co. (AJG)