AJG
NYSE · Financial Services · Insurance - Brokers · US
Research · Oct 30, 2026
Gallagher (AJG) Q3 2026: Brokerage Margin Expands 200 Basis Points
Gallagher's Q3 2026 brokerage adjusted margin rose to 35.3%, up 200 bp, as the prior-year interest base faded; 150 bp came from underlying gains and synergies.
Research · Oct 19, 2026
[AJG] Gallagher: Q3 2026 earnings preview on brokerage organic growth and margins
Gallagher grew Q2 2026 brokerage organic revenue 5% with base commissions up only 4% and margin down 284 bps; Q3 tests whether growth holds as property rates fall.
Research · Sep 3, 2026
[AJG] Arthur J. Gallagher Thesis 2026: Twenty-Third Consecutive Quarter of Double-Digit Growth
Arthur J. Gallagher FY25 (Dec 31, 2025) at $13.94B revenue (+21% reported / +5% organic). NI $1.49B; EPS $5.75. Q4 +30% reported / +5% organic / adj EBITDA +30% (23rd consecutive quarter of double-digit growth). AssuredPartners (~$13B, 2024) integration on track. FY26 guide: Brokerage organic +5.5%, RM organic +7% / margins 21-22%.
Research · Aug 25, 2026
Data Center Liability Insurance Leaves Admitted Market
Everest now writes $5M data center umbrella limits where $10M once sat, attaching higher at what its CEO calls dramatically better pricing.