Arthur J. Gallagher & Co.

Arthur J. Gallagher & Co.

AJG

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Market Cap$64.08B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Arthur J. Gallagher & Co.Arthur J. Gallagher & Co.40.91.08%7%4.10.1

Earnings Call Q2 2026

July 30, 2026 - AI Summary

Strong results + sustained momentum (good/surprising) - Gallagher delivered Q2 2026 total revenue growth of 24% for its combined brokerage + risk management segments (2-pronged strategy: organic + tuck-in/acquisitions). - Organic growth was 6% (brokerage organic 5%, risk management organic 12%). - Notably, management highlighted 25 consecutive quarters of double-digit adjusted EBITAC growth and continued underlying margin expansion.
Guidance/outlook for 2026 remains confident (forecast) - Company reiterated a full-year total company organic growth outlook of 6%. - Segment outlooks: Brokerage ~5.5% organic and Risk Management ~9% organic (with Q3 organic outlook added; midpoint-based). - Adjusted EBITAC margin outlook: management expects Q3 and full-year 2026 adjusted EBITAC margins “north of 22%” and brokerage underlying margin expansion of ~40–60 bps for 2026.
AssuredPartners integration performing well; timing affects comparability (key detail) - CFO noted 2025 interest income on funds held to buy AssuredPartners created comparability noise—but that should lessen by Q4 2025 and beyond. - AssuredPartners Q2 2026 EBITA: $222 million, in line with June Investor Day, and outlook confidence maintained. - Organic contribution from AssuredPartners expected to become visible beginning in Q4 2026 (close August 18). Management said AP is running around ~4% growth currently and expects that to stack up vs similar U.S. businesses.

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$266.87

Target Price by Analysts

7.7% upsideArthur J. Gallagher Target Price DetailsTarget Price
$320.80

Current Fair Value

29.5% upside

Undervalued by 29.5% based on the discounted cash flow analysis.

Share Statistics

Market cap$64.08 Billion
Enterprise Value$65.50 Billion
Dividend Yield$2.70 (1.08%)
Earnings per Share$5.83
Beta0.51
Outstanding Shares256,649,000

Return

Return on Equity6.61%ROE
Return on Assets1.92%
Return on Invested Capital6.89%

Valuation & Multiples

P/E Ratio40.89P/E Ratio
PEG-349.46PEG
Price to Sales4.06Price to Sales
Price to Book Ratio2.69Price to Book Ratio
Enterprise Value to Revenue4.16
Enterprise Value to EBIT24.62
Enterprise Value to Net Income41
Total Debt to Enterprise0.04
Debt to Equity0.12Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 30, 2026
EPS Estimate
$2.81
Average shareholder expectation
Revenue Estimate
$4.01 B
Average shareholder expectation

Next Earnings Call

Expected Date
October 29, 2026
EPS Estimate
$3.04
Average shareholder expectation
Revenue Estimate
$4.09 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.0000 36.75%
Total Calls- 100.00%
Total Puts5,100 98.08%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %4.59% 83.61%
Total Invested$2.65B 94.66%
Investors Holding513 760.00%

ESG Score

No data

About Arthur J. Gallagher & Co.

CEO: J. Patrick Gallagher

Relevant Senate Committees

Joint Committee on Taxation

This committee directly influences corporate tax structures and policy, which are crucial factors for AJG's financial planning, profitability, and valuation.

Finance

This powerful committee directly impacts AJG through tax policy, and influences its healthcare sector involvement through entitlement spending like Medicare pricing.

Health, Education, Labor, and Pensions

This committee directly regulates labor laws and health regulations, which are central to AJG's core businesses of employee benefits consulting and health insurance offerings.

Judiciary

With oversight of antitrust laws, this committee directly impacts AJG's growth strategy, as the company frequently engages in mergers and acquisitions.

Banking, Housing, and Urban Affairs

As a public financial services company, AJG operates within the broader financial system, making SEC oversight, financial stability regulations, and market conditions set by this committee highly relevant.

Select Committee on Intelligence

Members receive classified briefings on global threats and cybersecurity, which are critical for an insurance firm's risk assessment, underwriting, and understanding of market-impacting events.

Commerce, Science, and Transportation

With jurisdiction over interstate commerce, the FTC, and privacy laws, this committee directly impacts how AJG operates, handles client data, and complies with consumer protection regulations.