Arthur J. Gallagher & Debt-to-Assets Ratio Growth & History (AJG)
Arthur J. Gallagher &'s debt-to-assets ratio was 0.19 for fiscal 2025.
View full Arthur J. Gallagher & company overviewArthur J. Gallagher & annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.19 | −0.02 | −8.81% |
| 2024 | 2024-12-31 | 0.21 | 0.05 | +29.82% |
| 2023 | 2023-12-31 | 0.16 | −0.02 | −8.82% |
| 2022 | 2022-12-31 | 0.18 | −0.02 | −11.12% |
| 2021 | 2021-12-31 | 0.20 | −0.02 | −9.47% |
| 2020 | 2020-12-31 | 0.22 | −0.03 | −13.47% |
| 2019 | 2019-12-31 | 0.26 | 0.04 | +21.16% |
| 2018 | 2018-12-31 | 0.21 | 0.01 | +5.81% |
| 2017 | 2017-12-31 | 0.20 | −0.00 | −0.62% |
| 2016 | 2016-12-31 | 0.20 | −0.01 | −5.19% |
| 2015 | 2015-12-31 | 0.21 | −0.01 | −6.19% |
| 2014 | 2014-12-31 | 0.23 | 0.01 | +6.65% |
| 2013 | 2013-12-31 | 0.21 | 0.05 | +32.97% |
| 2012 | 2012-12-31 | 0.16 | 0.01 | +4.43% |
| 2011 | 2011-12-31 | 0.15 | −0.00 | −0.11% |
| 2010 | 2010-12-31 | 0.15 | −0.02 | −9.61% |
| 2009 | 2009-12-31 | 0.17 | — | — |
Arthur J. Gallagher & quarterly debt-to-assets ratio
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.17 | 0.01 | +3.90% |
| Q1 2026 | 2026-03-31 | 0.17 | −0.01 | −5.67% |
| Q4 2025 | 2025-12-31 | 0.19 | −0.02 | −8.81% |
| Q3 2025 | 2025-09-30 | 0.17 | 0.02 | +15.50% |
| Q2 2025 | 2025-06-30 | 0.17 | 0.03 | +21.39% |
| Q1 2025 | 2025-03-31 | 0.18 | 0.04 | +28.06% |
| Q4 2024 | 2024-12-31 | 0.21 | 0.05 | +29.82% |
| Q3 2024 | 2024-09-30 | 0.15 | 0.02 | +13.10% |
| Q2 2024 | 2024-06-30 | 0.14 | −0.00 | −0.45% |
| Q1 2024 | 2024-03-31 | 0.14 | −0.02 | −11.07% |
| Q4 2023 | 2023-12-31 | 0.16 | −0.02 | −8.82% |
| Q3 2023 | 2023-09-30 | 0.13 | −0.04 | −22.08% |
| Q2 2023 | 2023-06-30 | 0.14 | −0.03 | −19.07% |
| Q1 2023 | 2023-03-31 | 0.16 | 0.01 | +4.62% |
| Q4 2022 | 2022-12-31 | 0.18 | −0.02 | −11.12% |
| Q3 2022 | 2022-09-30 | 0.17 | −0.04 | −20.93% |
| Q2 2022 | 2022-06-30 | 0.17 | −0.06 | −26.03% |
| Q1 2022 | 2022-03-31 | 0.15 | −0.05 | −23.24% |
| Q4 2021 | 2021-12-31 | 0.20 | −0.02 | −9.47% |
| Q3 2021 | 2021-09-30 | 0.22 | 0.00 | +0.17% |
| Q2 2021 | 2021-06-30 | 0.23 | 0.00 | +0.81% |
| Q1 2021 | 2021-03-31 | 0.20 | −0.05 | −18.96% |
| Q4 2020 | 2020-12-31 | 0.22 | −0.03 | −13.47% |
| Q3 2020 | 2020-09-30 | 0.21 | −0.03 | −12.86% |
| Q2 2020 | 2020-06-30 | 0.23 | −0.01 | −5.91% |
| Q1 2020 | 2020-03-31 | 0.24 | 0.00 | +2.01% |
| Q4 2019 | 2019-12-31 | 0.26 | 0.04 | +21.16% |
| Q3 2019 | 2019-09-30 | 0.25 | 0.04 | +17.76% |
| Q2 2019 | 2019-06-30 | 0.24 | 0.03 | +16.27% |
| Q1 2019 | 2019-03-31 | 0.24 | 0.04 | +22.50% |
| Q4 2018 | 2018-12-31 | 0.21 | 0.01 | +5.81% |
| Q3 2018 | 2018-09-30 | 0.21 | −0.01 | −6.51% |
| Q2 2018 | 2018-06-30 | 0.21 | −0.03 | −13.22% |
| Q1 2018 | 2018-03-31 | 0.20 | −0.05 | −18.92% |
| Q4 2017 | 2017-12-31 | 0.20 | −0.00 | −0.62% |
| Q3 2017 | 2017-09-30 | 0.22 | −0.01 | −5.51% |
| Q2 2017 | 2017-06-30 | 0.24 | 0.01 | +3.78% |
| Q1 2017 | 2017-03-31 | 0.24 | 0.01 | +6.41% |
| Q4 2016 | 2016-12-31 | 0.20 | −0.01 | −5.19% |
| Q3 2016 | 2016-09-30 | 0.24 | 0.02 | +9.27% |
| Q2 2016 | 2016-06-30 | 0.23 | 0.02 | +8.56% |
| Q1 2016 | 2016-03-31 | 0.23 | −0.00 | −1.59% |
| Q4 2015 | 2015-12-31 | 0.21 | −0.01 | −6.19% |
| Q3 2015 | 2015-09-30 | 0.22 | −0.01 | −4.72% |
| Q2 2015 | 2015-06-30 | 0.21 | −0.02 | −10.36% |
| Q1 2015 | 2015-03-31 | 0.23 | −0.03 | −11.50% |
| Q4 2014 | 2014-12-31 | 0.23 | 0.01 | +6.65% |
| Q3 2014 | 2014-09-30 | 0.23 | 0.05 | +28.06% |
| Q2 2014 | 2014-06-30 | 0.24 | 0.07 | +42.72% |
| Q1 2014 | 2014-03-31 | 0.26 | 0.11 | +75.36% |
| Q4 2013 | 2013-12-31 | 0.21 | 0.05 | +32.97% |
| Q3 2013 | 2013-09-30 | 0.18 | 0.03 | +22.73% |
| Q2 2013 | 2013-06-30 | 0.17 | 0.03 | +18.08% |
| Q1 2013 | 2013-03-31 | 0.15 | −0.02 | −10.99% |
| Q4 2012 | 2012-12-31 | 0.16 | 0.01 | +4.43% |
| Q3 2012 | 2012-09-30 | 0.14 | −0.01 | −8.93% |
| Q2 2012 | 2012-06-30 | 0.14 | −0.01 | −9.11% |
| Q1 2012 | 2012-03-31 | 0.17 | −0.02 | −8.88% |
| Q4 2011 | 2011-12-31 | 0.15 | −0.00 | −0.11% |
| Q3 2011 | 2011-09-30 | 0.16 | 0.00 | +0.00% |
| Q2 2011 | 2011-06-30 | 0.15 | 0.00 | +0.18% |
| Q1 2011 | 2011-03-31 | 0.18 | — | — |
| Q4 2010 | 2010-12-31 | 0.15 | −0.02 | −9.61% |
| Q3 2010 | 2010-09-30 | 0.16 | — | — |
| Q2 2010 | 2010-06-30 | 0.15 | — | — |
| Q4 2009 | 2009-12-31 | 0.17 | — | — |
Arthur J. Gallagher & debt-to-assets ratio trends
Over the last five fiscal years, Arthur J. Gallagher &'s debt-to-assets ratio decreased from 0.22 to 0.19, a change of −0.03. The latest reported quarter, Q2 2026, shows 0.17.
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Arthur J. Gallagher & source filings ↗Community posts
Gallagher’s earnings rise as acquisitions supplement underlying growth
Arthur J. Gallagher ($AJG) reported third-quarter 2026 revenue before reimbursements of $3.93 billion, compared with $3.33 billion a year earlier. Net earnings increased to $406 million from $273 million, with diluted EPS of $1.55 versus $1 ...