Arthur J. Gallagher & Co. is experiencing accelerating revenue growth, with Q2 2026 revenue up 24.3% year-over-year, driven by a hard market and strategic acquisitions.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth accelerated to 24.3% year-over-year in Q2 2026, but EPS declined 10.7% due to an EPS miss of $2.84 versus $3.08 consensus, indicating wage inflation is compressing margins despite a combined ratio of 85.3%.
AJG’s insurance brokerage business is built on fee‑based, recurring revenue that is largely non‑discretionary. This structure creates sticky customer relationships and delivers consistent free cash flow even during economic cycles.
The company has repeatedly demonstrated organic growth while expanding its profit margins. This disciplined execution positions AJG as a defensive play in the current market environment.
AJG pursues acquisitions with a modest goodwill‑to‑assets ratio, avoiding overpayment. Effective integration of these deals fuels continued growth without diluting earnings quality.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 29, 2026 | $3.00+0.3% vs $2.99 | $3.9B-1.7% vs $4.0B |
Q3 2026 Jul 30, 2026 | $2.84+1.1% vs $2.81 | $4.0B-1.3% vs $4.0B |
Q2 2026 Apr 30, 2026 | $4.47+0.9% vs $4.43 | $4.7B-0.3% vs $4.7B |
Q1 2026 Jan 29, 2026 | $2.38+1.3% vs $2.35 | $3.6B-0.3% vs $3.6B |
Arthur J. Gallagher and Co. (NYSE: AJG - Get Free Report) VP Christopher Mead sold 7,590 shares of the business's stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $279.72, for a total transaction of $2,123,074.80. Following the completion of the sale, the vice president directly owned 22,287
Arthur J. Gallagher had a strong Q3 2026, as it witnessed revenue growth of 18%. Adjusted EPS was $3 vs. $1.5 reported last year. Organic growth grew 5% in Q3. This quarter marked 26 successive quarters of profit growth. Pricing is getting tougher, as the property renewal premium dipped 6%, and clients are increasingly comparing offers.
Arthur J. Gallagher and Co. (NYSE: AJG - Get Free Report) VP William Ziebell sold 23,510 shares of the company's stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $286.62, for a total value of $6,738,436.20. Following the sale, the vice president owned 48,942 shares in the company,
The Madison Mid Cap Fund (Class I) returned -2.09% in the third quarter, compared to the Russell Midcap Index return of -3.00%. The top five contributors for the quarter were Gartner, Medpace Holdings, Ross Stores, Revvity, and Waters Corporation. The bottom five detractors for the quarter were MKS, Floor & Decor Holdings, Carlisle Companies, Moelis and Co., and Glacier Bancorp.
Benchmark AJG against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Arthur J. Gallagher & Co. (AJG)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $281.61 | $72.35B | 42.99 | 20.66% | 10.38% | 7.16% | 0.91% | |
| $204.82 | $97.74B | 24.28 | 10.32% | 14.2% | 26.73% | 1.69% | |
| $334.81 | $71.02B | 18.14 | 9.45% | 22.24% | 39.91% | 0.87% | |
| $328.86 | $31.06B | 19.77 | -2.24% | 15.22% | 19.72% | 1.1% | |
| $72.12 | $24.13B | 19.54 | 22.49% | 17.47% | 9.67% | 0.86% | |
| $47.73 | $12.51B | 64.62 | 21.28% | 5.95% | 17.64% | 0.47% |
Arthur J. Gallagher & Co. (AJG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Arthur J. Gallagher & Co. (AJG) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 30, 2026·SEC
Jul 29, 2026·SEC
Jun 17, 2026·SEC
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Arthur J. Gallagher & Co. (AJG) stock FAQ — growth, dividends, profitability & financials explained
Arthur J. Gallagher & Co. (AJG) grew revenue by 25.6% over the trailing twelve months, compared with the twelve months before.
Yes. Arthur J. Gallagher & Co. (AJG) earned $1.70B in net income over the trailing twelve months (a 10.4% net margin).
Yes. Arthur J. Gallagher & Co. (AJG) pays a dividend that yields 0.91% at the current price, a small yield.
Arthur J. Gallagher & Co. (AJG) had a return on equity (ROE) of 7.2% over the trailing twelve months. That is below the market's typical 10-15%.
Arthur J. Gallagher & Co. (AJG) has a combined ratio of 81.7%. A ratio below 100% indicates underwriting profitability.
