The earnings call highlighted strong revenue and organic growth across segments, successful M&A activities, and future growth prospects through technology and AI. However, challenges remain with property revenue declines and uncertainties in the Assured Partners acquisition timing.

Company Guidance -

Q3 2025

During the second quarter of fiscal year 2025, Arthur J. Gallagher & Company reported significant growth across its business segments. The combined Brokerage and Risk Management segments saw a revenue increase of 16%, with organic growth at 5.4%. The company's reported net earnings margin was 17.3%, while the adjusted EBITDAC margin expanded by 307 basis points year-over-year to 34.5%, marking a 26% growth in adjusted EBITDAC. The Brokerage segment alone experienced a 17% rise in reported revenue and a 5.3% organic growth, despite challenges in CAT property renewal premiums. Across various lines, property renewal premiums decreased by 7%, and casualty lines increased by 8%. The Risk Management segment reported a 9% revenue growth, with a 6.2% organic increase, and an adjusted EBITDAC margin of 21%. Gallagher also completed nine mergers, adding approximately $290 million in annualized revenue, while maintaining a strong M&A pipeline with 40 term sheets representing around $500 million in potential revenue.

Strong Revenue Growth

The combined Brokerage and Risk Management segments posted a 16% growth in revenue, with a reported net earnings margin of 17.3% and adjusted EBITDAC margin of 34.5%, which is up 307 basis points year-over-year.

Consistent Organic Growth

The Brokerage segment reported 5.3% organic growth, and Risk Management segment reported 6.2% organic growth. The company projects full-year organic growth in Brokerage to be in the 6.5% to 7.5% range.

M&A Activity and Pipeline

During the second quarter, the company completed 9 new mergers, representing around $290 million of estimated annualized revenue. The M&A pipeline includes around 40 term sheets, representing around $500 million of annualized revenue.

Positive Margin Expansion

The Brokerage segment adjusted EBITDAC margin expanded 334 basis points to 36.4% year-over-year, and the Risk Management segment adjusted EBITDAC margin was 21%, better than June expectations.

Exciting Future Prospects

The company is well-positioned for future growth with niche expertise, extensive data and analytics offerings, global resources, and opportunities for further margin expansion through technology and AI initiatives.

Arthur J Gallagher & Co (AJG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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AJG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	2.43 / -	2.26	―	―	―
Jul 31, 2025	2025 (Q2)	2.35 / 2.33	2.26	3.10% (+0.07)
May 01, 2025	2025 (Q1)	3.57 / 3.67	3.49	5.16% (+0.18)	―
Jan 30, 2025	2024 (Q4)	2.03 / 2.13	1.85	15.14% (+0.28)	―
Oct 24, 2024	2024 (Q3)	2.26 / 2.26	2	13.00% (+0.26)	―
Jul 25, 2024	2024 (Q2)	2.24 / 2.26	1.9	18.95% (+0.36)	―
Apr 25, 2024	2024 (Q1)	3.41 / 3.49	3.03	15.18% (+0.46)
Jan 25, 2024	2023 (Q4)	1.85 / 1.85	1.54	20.13% (+0.31)
Oct 26, 2023	2023 (Q3)	1.95 / 2.00	1.72	16.28% (+0.28)
Jul 27, 2023	2023 (Q2)	1.86 / 1.90	1.7	11.76% (+0.20)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

AJG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$287.25	$284.17	-1.07%
May 01, 2025	$317.01	$330.42	+4.23%
Jan 30, 2025	$297.87	$300.64	+0.93%
Oct 24, 2024	$285.86	$281.31	-1.59%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Arthur J Gallagher & Co (AJG) report earnings?

Arthur J Gallagher & Co (AJG) is schdueled to report earning on Oct 23, 2025, After Close (Confirmed).

What is Arthur J Gallagher & Co (AJG) earnings time?

Arthur J Gallagher & Co (AJG) earnings time is at Oct 23, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is AJG EPS forecast?

AJG EPS forecast for the fiscal quarter 2025 (Q3) is 2.43.

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