--- title: "Arthur J. Gallagher & Co.: Metrics Guide" description: "Arthur J. Gallagher & Co. revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios explained." canonical: https://www.getswoopr.com/stocks/companies/arthur-j-gallagher-and-co/metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Arthur J. Gallagher & Co.: Financial & Operating Metrics Guide ## Direct Answer Arthur J. Gallagher & Co. reported revenue of $13.9 billion for the fiscal year ended December 31, 2025, net income of $1.5 billion, according to its SEC filings. Revenue grew 20.7% from the prior year. ## What Are Arthur J. Gallagher & Co.'s Key Financial Figures? | Fiscal year | FY2025ended December 31, 2025 | FY2024ended December 31, 2024 | FY2023ended December 31, 2023 | FY2022ended December 31, 2022 | | --- | --- | --- | --- | --- | | Revenue | $13.9 billion | $11.6 billion | $10.1 billion | $8.6 billion | | Operating income | Not reported | Not reported | Not reported | Not reported | | Operating margin | n/a | n/a | n/a | n/a | | Net income | $1.5 billion | $1.5 billion | $970 million | $1.1 billion | | Net margin | 10.7% | 12.7% | 9.6% | 13.0% | | Operating cash flow | $1.9 billion | $2.6 billion | $2.0 billion | $1.4 billion | | Capital expenditures | $145 million | $142 million | $194 million | $183 million | | Free cash flow | $1.8 billion | $2.4 billion | $1.8 billion | $1.2 billion | Free cash flow (operating cash flow minus capital expenditures) was $1.8 billion against net income of $1.5 billion; cash generation covered reported earnings. ![Bar chart of Arthur J. Gallagher & Co. revenue, net income for fiscal 2022 to 2025. In fiscal 2025, revenue was $13.9 billion and net income $1.5 billion.](https://www.getswoopr.com/images/charts/arthur-j-gallagher-and-co-metrics-revenue-profit.webp) *Arthur J. Gallagher & Co. revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of Arthur J. Gallagher & Co. net margin for fiscal 2022 to 2025. In fiscal 2025, net margin was 10.7%.](https://www.getswoopr.com/images/charts/arthur-j-gallagher-and-co-metrics-margins.webp) *Arthur J. Gallagher & Co. operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ![Bar chart of Arthur J. Gallagher & Co. operating cash flow, capital expenditures, free cash flow for fiscal 2022 to 2025. In fiscal 2025, operating cash flow was $1.9 billion, capital expenditures was $145 million, free cash flow was $1.8 billion.](https://www.getswoopr.com/images/charts/arthur-j-gallagher-and-co-metrics-cash-flow.webp) *Arthur J. Gallagher & Co. operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.* ## What Does Arthur J. Gallagher & Co.'s Balance Sheet Show? | Cash and cash equivalents | $1.4 billion | | --- | --- | | Long-term debt | $12.1 billion | | Total assets | $70.7 billion | | Total liabilities | $47.3 billion | | Shareholders' equity | $23.3 billion | | Current ratio | 1.1x | Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## Where These Numbers Come From Every figure on this page is a value Arthur J. Gallagher & Co. reported in its own SEC filings, read from the SEC's XBRL data (accession 0001628280-26-008662 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What was Arthur J. Gallagher & Co.'s revenue in fiscal 2025? Arthur J. Gallagher & Co. reported revenue of $13.9 billion for the fiscal year ended December 31, 2025, according to its SEC filings. ### What is Arthur J. Gallagher & Co.'s operating margin? Arthur J. Gallagher & Co. did not report operating income under the standard tag for fiscal 2025, so Swoopr does not compute an operating margin; the income statement in its 10-K shows how it presents profit. ### How much free cash flow did Arthur J. Gallagher & Co. generate? Operating cash flow of $1.9 billion less capital expenditures of $145 million gives free cash flow of $1.8 billion for fiscal 2025. ## References - [SEC EDGAR: Arthur J. Gallagher & Co. Form 10-K filed February 17, 2026](https://www.sec.gov/Archives/edgar/data/354190/000162828026008662/ajg-20251231.htm) - [SEC EDGAR: Arthur J. Gallagher & Co. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=354190&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [Arthur J. Gallagher & Co. company dossier](https://www.getswoopr.com/stocks/companies/arthur-j-gallagher-and-co/) - [Arthur J. Gallagher & Co. financial metrics](https://www.getswoopr.com/stocks/companies/arthur-j-gallagher-and-co/metrics/) - [Arthur J. Gallagher & Co. financial risk indicators](https://www.getswoopr.com/stocks/companies/arthur-j-gallagher-and-co/risks/) - [Arthur J. Gallagher & Co. peer comparison](https://www.getswoopr.com/stocks/companies/arthur-j-gallagher-and-co/competitors/) - [Arthur J. Gallagher & Co. business model and revenue mix](https://www.getswoopr.com/stocks/companies/arthur-j-gallagher-and-co/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. We do not provide personalized financial advice. See our [editorial policy](https://www.getswoopr.com/legal/editorial-policy/) and [corrections policy](https://www.getswoopr.com/legal/corrections-policy/).