Arthur J. Gallagher & Co. Quarterly Report for Q1 Ended Mar 31, 2026

Summary

Arthur J. Gallagher & Co. (AJG) reported strong financial results for the first quarter of 2026, demonstrating significant growth across its core business segments. Total revenues increased substantially, driven by robust performance in both the brokerage and risk management segments. The company's strategic acquisitions continue to contribute positively to revenue growth and market expansion. Net earnings and diluted earnings per share saw a notable increase year-over-year, reflecting effective cost management and continued operational efficiency. AJG's balance sheet remains solid, with ample liquidity to support ongoing operations, strategic acquisitions, and shareholder returns. The company's diversified business model and strategic focus on value-added services position it well for sustained growth in the evolving insurance and risk management landscape.

Key Highlights

• 1Total revenues increased by 27% year-over-year to $4.716 billion, driven by strong performance in the brokerage segment.
• 2Net earnings attributable to controlling interests rose by 17% to $822 million, or $3.16 per diluted share, up from $704 million, or $2.72 per diluted share, in the prior year period.
• 3The brokerage segment saw significant revenue growth of 30% to $4.293 billion, supported by acquisitions and 4% organic growth.
• 4The risk management segment also delivered strong results, with revenues before reimbursements increasing by 14% to $428 million, and organic fees growing by 10%.
• 5The company repurchased $310 million of its common stock in the quarter, demonstrating a commitment to returning capital to shareholders.
• 6Consolidated EBITDAC increased by 16% to $1.557 billion, highlighting the company's operational profitability before certain non-cash charges.
• 7AJG continued its acquisition strategy, completing nine acquisitions in the quarter, further expanding its market reach and service offerings.

Frequently Asked Questions