Arthur J. Gallagher & Co.
As of Fiscal Year 2025 (ended December 31, 2025)
Key KPIs at a Glance
| Metric | Value |
|---|---|
| Total Revenue (FY2025) | $13.94 billion, up about 20.7% year-over-year from $11.56 billion in FY2024 (GAAP, company-disclosed) |
| GAAP Net Earnings (controlling interests) | $1.49 billion for FY2025, diluted EPS of $5.74 (vs. $1.46 billion / $6.50 EPS in FY2024; EPS declined on higher share count from acquisition financing) |
| Adjusted Net Earnings / Diluted EPS (non-GAAP) | Adjusted diluted EPS of $10.69 for FY2025, up from $10.10 in FY2024 (company-disclosed non-GAAP measure) |
| Adjusted EBITDAC (non-GAAP) | Approximately $4.49 billion company-wide for FY2025, up from prior year (company-disclosed non-GAAP measure) |
| Organic Revenue Growth | 6% organic growth for full-year FY2025, consistent across both the Brokerage and Risk Management segments (company-disclosed) |
| M&A Activity (FY2025) | 31 acquisitions closed, adding an estimated $3.5 billion in annualized revenue; headlined by the $13.45 billion acquisition of AssuredPartners, which closed in August 2025 |
| Employees | Approximately 72,000 employees worldwide as of year-end 2025, reflecting a sharp increase from AssuredPartners and other acquisitions |
| Global Brokerage Market Position | Ranked the world's #3 largest insurance broker by revenue, behind Marsh McLennan (#1) and Aon (#2) -- per Business Insurance's 2026 'World's Largest Insurance Brokers' ranking (third-party estimate; no numeric market-share percentage disclosed) |
Sources: All figures are company-disclosed by Arthur J. Gallagher & Co. (NYSE: AJG) unless marked as a third-party estimate. Revenue, segment, net earnings, EPS, organic growth, acquisition and EBITDAC figures are from AJG's Q4/Full-Year 2025 earnings release (Exhibit 99.1 to Form 8-K filed with the SEC, reporting period ended December 31, 2025; also issued via PR Newswire and posted on investor.ajg.com, released ~January 29, 2026). Total revenue pie uses segment revenue INCLUDING Risk Management fee reimbursements ($12,192M Brokerage + $1,749M Risk Management = $13,941M) so slices sum exactly to the consolidated GAAP 'Total revenues' line of $13,941 million for FY2025 ($11,555 million FY2024). The operating-income pie uses each segment's GAAP 'earnings before income taxes' ($2,052M Brokerage, $183M Risk Management); these segment totals ($2,235M combined) do not reconcile to consolidated net earnings ($1,494M) because they exclude unallocated corporate overhead, interest expense, and income taxes -- neither segment reported a loss, so a pie was used per methodology rules. 5-year revenue history (2021-2023) is drawn from aggregated third-party financial data providers (stockanalysis.com and macrotrends.net, both citing AJG's audited 10-K filings) since AJG's own release only shows two years of comparison; 2024-2025 figures are reconciled against the FY2025 earnings release. The AssuredPartners deal value ($13.45 billion, closed August 2025) and employee headcount (~72,000, per Wikipedia's company infobox sourced to AJG's own reporting, since the precise headcount was not clearly isolated in the earnings release text) are the only figures sourced outside AJG's direct financial statements. The #3 global brokerage ranking is a specifically-attributed third-party estimate from Business Insurance's 2026 'World's Largest Insurance Brokers' rankings; no numeric market-share percentage was found from any credible source, so none is fabricated or shown.