AJG Arthur J Gallagher margins

Relative Growth: Rel. Growth: 66

Relative Strength: Rel. Strength: 41

Relative Valuation: Rel. Valuation: 30

Relative Profitability: Rel. Profitability: 70

Gross margin

83.7%

Operating margin

18.2%

EBITDA margin

25.1%

Net margin

10%

For this period, Arthur J Gallagher reports a gross margin of 83.7%, an operating margin of 18.2%, an EBITDA margin of 25.1%, and a net margin of 10%. Operating margin led the decline across the available margins, contracting by 4.1 percentage points.

AJG margin history

Gross, operating, EBITDA and net margin trends

Arthur J Gallagher's margins averaged 84.09% gross, 20.45% operating, 25.16% EBITDA, and 11.27% net during the last 3 years. Each of the four current margins is below its three-year average.

AJG margin expansion

Year-over-year margin changes in percentage points

The biggest contraction was in operating margin, which fell by 4.1 percentage points. The other available margins also declined.

Gross margin expansion

-1.1pp

Operating margin expansion

-4.1pp

EBITDA margin expansion

-2.9pp

Net margin expansion

-3.2pp

AJG Gross margin

Looking back over the last 3 years, Arthur J Gallagher recorded an average gross margin of 84.09%. Arthur J Gallagher's current gross margin is 83.7% and is 0.4 percentage points below its three-year average. The highest gross margin for Arthur J Gallagher was 85% in Mar 2025, while the lowest was 83.2% in Dec 2023.

AJG Operating margin

Across the last 3 years, Arthur J Gallagher had an average operating margin of 20.45%. Compared with its three-year average, Arthur J Gallagher's current operating margin is 18.2% and is 2.3 percentage points below its three-year average. Looking back over the last 3 years, Arthur J Gallagher's operating margin reached 22.3% at its highest point in Jun 2025 and 18.2% at its lowest in Jun 2026.

AJG EBITDA margin

Over the last 3 years, Arthur J Gallagher recorded an average EBITDA margin of 25.16%. Arthur J Gallagher's current EBITDA margin is 25.1% and is 0.1 percentage points below its three-year average. The highest EBITDA margin for Arthur J Gallagher was 28% in Jun 2025, while the lowest was 21.7% in Dec 2023.

AJG Net margin

Arthur J Gallagher's net margin averaged 11.27% across the past 3 years. Compared with its three-year average, Arthur J Gallagher's current net margin is 10% and is 1.3 percentage points below its three-year average. Over the last 3 years, Arthur J Gallagher's net margin peaked at 13.2% in Jun 2025 and reached a low of 9.6% in Dec 2023.

AJG margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 83.7%, AJG is above the industry average but below the Financial Services sector average. But compared to its Financial Services sector average of 83.9%, Arthur J Gallagher's gross margin is only 0.2% lower.

AJG margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Arthur J Gallagher's gross margin?

The current gross margin for AJG is 83.7% as of Jun 30, 2026.

What is Arthur J Gallagher's operating margin?

For the period ending Jun 30, 2026, AJG recorded an operating margin of 18.2%.

What is Arthur J Gallagher's EBITDA margin?

As of Jun 30, 2026, AJG has an EBITDA margin of 25.1%.

What is Arthur J Gallagher's net margin?

The current net margin for AJG is 10% as of Jun 30, 2026.

What are the average margins of AJG?

Across the last 3 years, AJG averaged 84.1% gross, 20.5% operating, 25.2% EBITDA, and 11.3% net.

What are the highest historical margins of AJG?

Across the 5-year period, AJG posted its highest margins at 85% gross in Mar 2025, 22.3% operating in Jun 2025, 28% EBITDA in Jun 2025, and 13.2% net in Jun 2025.

What are the lowest historical margins of AJG?

Looking back across 5 years, AJG reached its lowest margins at 72.6% gross in Dec 2021, 17.9% operating in Dec 2021, 20.9% EBITDA in Dec 2021, and 9.6% net in Dec 2023.