Arthur J. Gallagher & annual net debt
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Arthur J. Gallagher & Net Debt Growth & History (AJG)
Arthur J. Gallagher &'s net debt was $12.22B for fiscal 2025.
View full Arthur J. Gallagher & company overviewArthur J. Gallagher & annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $12.22B | $13.63B | — |
| 2024 | 2024-12-31 | −$1.41B | −$8.84B | — |
| 2023 | 2023-12-31 | $7.43B | $1.32B | +21.63% |
| 2022 | 2022-12-31 | $6.11B | −$163.9M | −2.61% |
| 2021 | 2021-12-31 | $6.27B | $1.98B | +46.23% |
| 2020 | 2020-12-31 | $4.29B | −$139.5M | −3.15% |
| 2019 | 2019-12-31 | $4.43B | $1.58B | +55.45% |
| 2018 | 2018-12-31 | $2.85B | $548.5M | +23.84% |
| 2017 | 2017-12-31 | $2.30B | $123.6M | +5.68% |
| 2016 | 2016-12-31 | $2.18B | $340.8M | +18.56% |
| 2015 | 2015-12-31 | $1.84B | −$114.3M | −5.86% |
| 2014 | 2014-12-31 | $1.95B | $793.2M | +68.53% |
| 2013 | 2013-12-31 | $1.16B | $605.5M | +109.71% |
| 2012 | 2012-12-31 | $551.9M | $158.1M | +40.15% |
| 2011 | 2011-12-31 | $393.8M | $93.6M | +31.18% |
| 2010 | 2010-12-31 | $300.2M | −$43.9M | −12.76% |
| 2009 | 2009-12-31 | $344.1M | — | — |
Arthur J. Gallagher & quarterly net debt
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| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $12.72B | $13.72B | — |
| Q1 2026 | 2026-03-31 | $11.96B | $15.24B | — |
| Q4 2025 | 2025-12-31 | $12.22B | $13.63B | — |
| Q3 2025 | 2025-09-30 | $12.29B | $5.73B | +87.41% |
| Q2 2025 | 2025-06-30 | −$1.00B | −$8.20B | — |
| Q1 2025 | 2025-03-31 | −$3.28B | −$10.14B | — |
| Q4 2024 | 2024-12-31 | −$1.41B | −$8.84B | — |
| Q3 2024 | 2024-09-30 | $6.56B | $364.0M | +5.88% |
| Q2 2024 | 2024-06-30 | $7.20B | $510.4M | +7.63% |
| Q1 2024 | 2024-03-31 | $6.86B | $1.03B | +17.78% |
| Q4 2023 | 2023-12-31 | $7.43B | $1.32B | +21.63% |
| Q3 2023 | 2023-09-30 | $6.19B | $272.1M | +4.60% |
| Q2 2023 | 2023-06-30 | $6.69B | $479.1M | +7.72% |
| Q1 2023 | 2023-03-31 | $5.82B | $39.3M | +0.68% |
| Q4 2022 | 2022-12-31 | $6.11B | −$163.9M | −2.61% |
| Q3 2022 | 2022-09-30 | $5.92B | $2.87B | +93.91% |
| Q2 2022 | 2022-06-30 | $6.21B | $3.03B | +95.45% |
| Q1 2022 | 2022-03-31 | $5.78B | $1.48B | +34.30% |
| Q4 2021 | 2021-12-31 | $6.27B | $1.98B | +46.23% |
| Q3 2021 | 2021-09-30 | $3.05B | −$1.00B | −24.68% |
| Q2 2021 | 2021-06-30 | $3.18B | −$1.32B | −29.38% |
| Q1 2021 | 2021-03-31 | $4.31B | −$430.4M | −9.09% |
| Q4 2020 | 2020-12-31 | $4.29B | −$139.5M | −3.15% |
| Q3 2020 | 2020-09-30 | $4.05B | −$91.5M | −2.21% |
| Q2 2020 | 2020-06-30 | $4.50B | $367.5M | +8.90% |
| Q1 2020 | 2020-03-31 | $4.74B | $1.15B | +31.96% |
| Q4 2019 | 2019-12-31 | $4.43B | $1.58B | +55.45% |
| Q3 2019 | 2019-09-30 | $4.14B | $1.38B | +49.84% |
| Q2 2019 | 2019-06-30 | $4.13B | $1.41B | +51.67% |
| Q1 2019 | 2019-03-31 | $3.59B | $1.14B | +46.26% |
| Q4 2018 | 2018-12-31 | $2.85B | $548.5M | +23.84% |
| Q3 2018 | 2018-09-30 | $2.77B | $464.4M | +20.18% |
| Q2 2018 | 2018-06-30 | $2.72B | $298.8M | +12.32% |
| Q1 2018 | 2018-03-31 | $2.45B | $178.5M | +7.84% |
| Q4 2017 | 2017-12-31 | $2.30B | $123.6M | +5.68% |
| Q3 2017 | 2017-09-30 | $2.30B | $181.0M | +8.53% |
| Q2 2017 | 2017-06-30 | $2.42B | $206.7M | +9.32% |
| Q1 2017 | 2017-03-31 | $2.28B | $274.3M | +13.71% |
| Q4 2016 | 2016-12-31 | $2.18B | $340.8M | +18.56% |
| Q3 2016 | 2016-09-30 | $2.12B | $212.5M | +11.14% |
| Q2 2016 | 2016-06-30 | $2.22B | $260.0M | +13.28% |
| Q1 2016 | 2016-03-31 | $2.00B | $38.2M | +1.95% |
| Q4 2015 | 2015-12-31 | $1.84B | −$114.3M | −5.86% |
| Q3 2015 | 2015-09-30 | $1.91B | −$73.2M | −3.69% |
| Q2 2015 | 2015-06-30 | $1.96B | $553.8M | +39.43% |
| Q1 2015 | 2015-03-31 | $1.96B | $810.0M | +70.24% |
| Q4 2014 | 2014-12-31 | $1.95B | $793.2M | +68.53% |
| Q3 2014 | 2014-09-30 | $1.98B | $1.21B | +156.14% |
| Q2 2014 | 2014-06-30 | $1.40B | $719.5M | +105.04% |
| Q1 2014 | 2014-03-31 | $1.15B | $602.2M | +109.29% |
| Q4 2013 | 2013-12-31 | $1.16B | $605.5M | +109.71% |
| Q3 2013 | 2013-09-30 | $773.6M | $353.8M | +84.28% |
| Q2 2013 | 2013-06-30 | $685.0M | $244.1M | +55.36% |
| Q1 2013 | 2013-03-31 | $551.0M | $85.8M | +18.44% |
| Q4 2012 | 2012-12-31 | $551.9M | $158.1M | +40.15% |
| Q3 2012 | 2012-09-30 | $419.8M | −$13.8M | −3.18% |
| Q2 2012 | 2012-06-30 | $440.9M | −$5.9M | −1.32% |
| Q1 2012 | 2012-03-31 | $465.2M | $123.4M | +36.10% |
| Q4 2011 | 2011-12-31 | $393.8M | $93.6M | +31.18% |
| Q3 2011 | 2011-09-30 | $433.6M | $179.9M | +70.91% |
| Q2 2011 | 2011-06-30 | $446.8M | $126.8M | +39.63% |
| Q1 2011 | 2011-03-31 | $341.8M | — | — |
| Q4 2010 | 2010-12-31 | $300.2M | −$43.9M | −12.76% |
| Q3 2010 | 2010-09-30 | $253.7M | — | — |
| Q2 2010 | 2010-06-30 | $320.0M | — | — |
| Q4 2009 | 2009-12-31 | $344.1M | — | — |
Arthur J. Gallagher & net debt trends
Over the last five fiscal years, Arthur J. Gallagher &'s net debt increased from $4.29B to $12.22B, a change of $7.93B. The latest reported quarter, Q2 2026, shows $12.72B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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