Arthur J. Gallagher & annual operating margin
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Arthur J. Gallagher & Operating Margin Growth & History (AJG)
Arthur J. Gallagher &'s operating margin was 13.42% for fiscal 2025.
View full Arthur J. Gallagher & company overviewArthur J. Gallagher & annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 13.42% | −2.81 pp |
| 2024 | 2024-12-31 | 16.23% | +4.46 pp |
| 2023 | 2023-12-31 | 11.77% | −3.75 pp |
| 2022 | 2022-12-31 | 15.52% | +3.64 pp |
| 2021 | 2021-12-31 | 11.88% | −0.56 pp |
| 2020 | 2020-12-31 | 12.44% | +3.73 pp |
| 2019 | 2019-12-31 | 8.70% | +1.79 pp |
| 2018 | 2018-12-31 | 6.91% | +1.16 pp |
| 2017 | 2017-12-31 | 5.76% | −0.12 pp |
| 2016 | 2016-12-31 | 5.87% | +0.43 pp |
| 2015 | 2015-12-31 | 5.44% | −0.86 pp |
| 2014 | 2014-12-31 | 6.30% | −2.85 pp |
| 2013 | 2013-12-31 | 9.15% | — |
Arthur J. Gallagher & quarterly operating margin
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| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 10.34% | −4.34 pp |
| Q1 2026 | 2026-03-31 | 21.92% | −1.50 pp |
| Q4 2025 | 2025-12-31 | 4.91% | −7.37 pp |
| Q3 2025 | 2025-09-30 | 10.31% | −4.06 pp |
| Q2 2025 | 2025-06-30 | 14.68% | +1.51 pp |
| Q1 2025 | 2025-03-31 | 23.42% | −0.30 pp |
| Q4 2024 | 2024-12-31 | 12.27% | +15.66 pp |
| Q3 2024 | 2024-09-30 | 14.37% | −0.24 pp |
| Q2 2024 | 2024-06-30 | 13.17% | +0.99 pp |
| Q1 2024 | 2024-03-31 | 23.73% | +1.34 pp |
| Q4 2023 | 2023-12-31 | −3.38% | −9.40 pp |
| Q3 2023 | 2023-09-30 | 14.61% | −0.80 pp |
| Q2 2023 | 2023-06-30 | 12.18% | −5.07 pp |
| Q1 2023 | 2023-03-31 | 22.39% | +0.31 pp |
| Q4 2022 | 2022-12-31 | 6.01% | +0.29 pp |
| Q3 2022 | 2022-09-30 | 15.41% | +4.59 pp |
| Q2 2022 | 2022-06-30 | 17.24% | +5.75 pp |
| Q1 2022 | 2022-03-31 | 22.08% | +3.22 pp |
| Q4 2021 | 2021-12-31 | 5.73% | −2.12 pp |
| Q3 2021 | 2021-09-30 | 10.82% | −0.51 pp |
| Q2 2021 | 2021-06-30 | 11.50% | +0.66 pp |
| Q1 2021 | 2021-03-31 | 18.86% | −0.21 pp |
| Q4 2020 | 2020-12-31 | 7.85% | +2.97 pp |
| Q3 2020 | 2020-09-30 | 11.33% | +5.04 pp |
| Q2 2020 | 2020-06-30 | 10.84% | +4.48 pp |
| Q1 2020 | 2020-03-31 | 19.07% | +2.90 pp |
| Q4 2019 | 2019-12-31 | 4.88% | +2.27 pp |
| Q3 2019 | 2019-09-30 | 6.29% | +1.21 pp |
| Q2 2019 | 2019-06-30 | 6.36% | +0.12 pp |
| Q1 2019 | 2019-03-31 | 16.17% | +2.98 pp |
| Q4 2018 | 2018-12-31 | 2.61% | +0.68 pp |
| Q3 2018 | 2018-09-30 | 5.08% | +0.25 pp |
| Q2 2018 | 2018-06-30 | 6.24% | +2.61 pp |
| Q1 2018 | 2018-03-31 | 13.18% | +1.06 pp |
| Q4 2017 | 2017-12-31 | 1.92% | −1.36 pp |
| Q3 2017 | 2017-09-30 | 4.83% | −1.58 pp |
| Q2 2017 | 2017-06-30 | 3.63% | −6.00 pp |
| Q1 2017 | 2017-03-31 | 12.12% | +7.84 pp |
| Q4 2016 | 2016-12-31 | 3.29% | +1.16 pp |
| Q3 2016 | 2016-09-30 | 6.40% | −0.86 pp |
| Q2 2016 | 2016-06-30 | 9.63% | +0.26 pp |
| Q1 2016 | 2016-03-31 | 4.28% | +1.77 pp |
| Q4 2015 | 2015-12-31 | 2.13% | — |
| Q3 2015 | 2015-09-30 | 7.27% | −0.15 pp |
| Q2 2015 | 2015-06-30 | 9.37% | −0.12 pp |
| Q1 2015 | 2015-03-31 | 2.51% | — |
| Q3 2014 | 2014-09-30 | 7.41% | — |
| Q2 2014 | 2014-06-30 | 9.49% | — |
Arthur J. Gallagher & operating margin trends
Over the last five fiscal years, Arthur J. Gallagher &'s operating margin increased from 12.44% to 13.42%, a change of +0.98 percentage points. The latest reported quarter, Q2 2026, shows 10.34%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income 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 ↗