Arthur J. Gallagher & Gross Margin Growth & History (AJG)
Arthur J. Gallagher &'s gross margin was 42.58% for fiscal 2025.
View full Arthur J. Gallagher & company overviewArthur J. Gallagher & annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 42.58% | +0.35 pp |
| 2024 | 2024-12-31 | 42.22% | +0.07 pp |
| 2023 | 2023-12-31 | 42.16% | −57.58 pp |
| 2022 | 2022-12-31 | 99.73% | +14.02 pp |
| 2021 | 2021-12-31 | 85.71% | −1.70 pp |
| 2020 | 2020-12-31 | 87.41% | +6.21 pp |
| 2019 | 2019-12-31 | 81.20% | +7.39 pp |
| 2018 | 2018-12-31 | 73.81% | −0.01 pp |
| 2017 | 2017-12-31 | 73.82% | −1.38 pp |
| 2016 | 2016-12-31 | 75.20% | — |
| 2014 | 2014-12-31 | 77.11% | −9.13 pp |
| 2013 | 2013-12-31 | 86.25% | −9.33 pp |
| 2012 | 2012-12-31 | 95.57% | −2.93 pp |
| 2011 | 2011-12-31 | 98.50% | +1.93 pp |
| 2010 | 2010-12-31 | 96.57% | — |
Arthur J. Gallagher & quarterly gross margin
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 40.59% | −2.08 pp |
| Q1 2026 | 2026-03-31 | 46.24% | — |
| Q4 2025 | 2025-12-31 | 37.96% | — |
| Q3 2025 | 2025-09-30 | 41.41% | — |
| Q2 2025 | 2025-06-30 | 42.68% | — |
| Q4 2022 | 2022-12-31 | 100.00% | +11.62 pp |
| Q3 2022 | 2022-09-30 | 100.00% | +17.12 pp |
| Q2 2022 | 2022-06-30 | 100.00% | +13.90 pp |
| Q1 2022 | 2022-03-31 | 99.06% | +13.34 pp |
| Q4 2021 | 2021-12-31 | 88.38% | +1.08 pp |
| Q3 2021 | 2021-09-30 | 82.88% | +0.14 pp |
| Q2 2021 | 2021-06-30 | 86.10% | −3.73 pp |
| Q1 2021 | 2021-03-31 | 85.72% | −4.35 pp |
| Q4 2020 | 2020-12-31 | 87.30% | +3.62 pp |
| Q3 2020 | 2020-09-30 | 82.74% | +4.51 pp |
| Q2 2020 | 2020-06-30 | 89.82% | +7.44 pp |
| Q1 2020 | 2020-03-31 | 90.07% | +9.28 pp |
| Q4 2019 | 2019-12-31 | 83.68% | +9.88 pp |
| Q3 2019 | 2019-09-30 | 78.23% | +6.84 pp |
| Q2 2019 | 2019-06-30 | 82.39% | +8.99 pp |
| Q1 2019 | 2019-03-31 | 80.78% | +4.25 pp |
| Q4 2018 | 2018-12-31 | 73.80% | — |
| Q3 2018 | 2018-09-30 | 71.39% | — |
| Q2 2018 | 2018-06-30 | 73.39% | — |
| Q1 2018 | 2018-03-31 | 76.54% | — |
| Q1 2015 | 2015-03-31 | 74.88% | −6.43 pp |
| Q4 2014 | 2014-12-31 | 76.62% | −5.89 pp |
| Q3 2014 | 2014-09-30 | 74.65% | −7.77 pp |
| Q2 2014 | 2014-06-30 | 77.06% | −13.11 pp |
| Q1 2014 | 2014-03-31 | 81.31% | −10.07 pp |
| Q4 2013 | 2013-12-31 | 82.51% | −11.96 pp |
| Q3 2013 | 2013-09-30 | 82.42% | −13.32 pp |
| Q2 2013 | 2013-06-30 | 90.17% | −5.36 pp |
| Q1 2013 | 2013-03-31 | 91.38% | −5.38 pp |
| Q4 2012 | 2012-12-31 | 94.47% | — |
| Q3 2012 | 2012-09-30 | 95.74% | −4.13 pp |
| Q2 2012 | 2012-06-30 | 95.54% | −2.32 pp |
| Q1 2012 | 2012-03-31 | 96.76% | — |
| Q3 2011 | 2011-09-30 | 99.88% | −0.12 pp |
| Q2 2011 | 2011-06-30 | 97.86% | −2.14 pp |
| Q4 2010 | 2010-12-31 | 100.00% | — |
| Q3 2010 | 2010-09-30 | 100.00% | — |
| Q2 2010 | 2010-06-30 | 100.00% | — |
| Q1 2010 | 2010-03-31 | 86.73% | — |
Arthur J. Gallagher & gross margin trends
Over the last five fiscal years, Arthur J. Gallagher &'s gross margin decreased from 87.41% to 42.58%, a change of −44.83 percentage points. The latest reported quarter, Q2 2026, shows 40.59%.
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. 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 ...