US · USD
AJG
Arthur J Gallagher & Co
- Day's range
- US$229.29 – US$234.13
- Day's volume
- US$663.1m
- 52-week range
- US$190.85 – US$306.87
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See how AJG weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountAJG in numbers
- Market cap
- US$59.4bn
- P/E
- 37.85
- P/B
- 2.51
- Dividend yield (12m)
- 1.19%
The 12-month dividend yield of AJG is 1.19%, above its 5-year average of 1.01%.
AJG price history
AJG risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | -25.49% | +3.01% | +61.59% |
| Volatility (annualised) | 32.45% | 26.97% | 24.75% |
| Largest drawdown | -34.70% | -41.54% | -41.54% |
| Positive months | 4/12 | 20/36 | 34/60 |
How much did investing in AJG return?
US$1,000.00 invested on 01/09/2021 would be worth US$1,615.90 today.
- Value today in AJG
- US$1,615.90
- Return over the period
- +61.59%
- Return per year
- +10.08%
- In the S&P 500
- US$1,776.31
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
AJG fundamentals
Valuation
- P/E37.85
- P/B2.51
- EV/EBITDA—
- EV/EBIT—
- EV/Revenue4.63
- P/EBIT—
- P/S3.77
- P/OCF24.26
- P/FCF—
- Earnings yield—
- PEG ratio—
- Earnings per shareUS$6.12
- Book value per shareUS$92.54
Debt
- Net debtUS$13.5bn
- Net debt/EBITDA—
- Net debt/Equity0.57
- Debt/Equity0.57
- Current ratio1.05
- Quick ratio—
- Cash ratio—
Efficiency
- Gross margin—
- EBITDA margin—
- Operating margin—
- Net margin9.96%
- Asset turnover0.19
Profitability
- ROE6.62%
- ROA1.92%
- ROIC—
- Payout44.90%
Growth
- Revenue CAGR (5 years)15.54%
- Earnings CAGR (5 years)11.99%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is AJG's fair price?
Two classic value formulas, with today's numbers. The current price is US$231.82.
- Graham's fair price
- US$112.93
- 51.29% below the price
√(22.50 × US$6.12 × US$92.54)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- US$37.20
- 83.95% below the price
US$2.23 (5-year average) ÷ 6%
Décio Bazin only bought shares yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years divided by 6%.
Graham ignores growth and debt; Bazin assumes past distributions will repeat. They are reference points for comparison, not a buy recommendation.
AJG indicators by year
Multiples at each year's closing price; margins and returns from that year's accounts.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 44.53 | 49.42 | 50.26 | 35.89 | 39.02 | 29.27 | 26.80 | 21.41 |
| P/B | 2.85 | 3.59 | 4.52 | 4.37 | 4.16 | 3.87 | 3.48 | 3.02 |
| Dividend yield | 1.00% | 0.85% | 0.98% | 1.08% | 1.13% | 1.46% | 1.81% | 2.23% |
| Earnings per share | US$5.81 | US$5.74 | US$4.47 | US$5.25 | US$4.35 | US$4.23 | US$3.55 | US$3.44 |
| Book value per share | US$90.71 | US$79.13 | US$49.70 | US$43.11 | US$40.80 | US$31.93 | US$27.39 | US$24.44 |
| ROE | 6.41% | 7.26% | 9.00% | 12.19% | 10.66% | 13.24% | 12.97% | 14.08% |
| Gross margin | — | — | — | 99.73% | 85.71% | 87.41% | 81.20% | 73.81% |
| Net margin | 10.72% | 12.66% | 9.63% | 13.03% | 11.05% | 11.69% | 9.30% | 9.14% |
AJG financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | US$13.9bn | US$11.6bn | US$10.1bn | US$8.6bn | US$8.2bn | US$7bn |
| Cost of sales | — | — | — | -US$22.9m | -US$1.2bn | -US$882.1m |
| Gross profit | — | — | — | US$8.5bn | US$7bn | US$6.1bn |
| EBITDA | — | — | — | — | — | — |
| EBIT | — | — | — | — | — | — |
| Net finance result | — | — | — | — | — | — |
| Profit before tax | US$1.9bn | US$1.9bn | US$1.2bn | US$1.3bn | US$975.1m | US$870.9m |
| Income tax | -US$368m | -US$404m | -US$219m | -US$211m | -US$20.1m | -US$12.8m |
| Net income | US$1.5bn | US$1.5bn | US$970m | US$1.1bn | US$906.8m | US$818.8m |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does AJG pay dividends?
Dividend yield per year
- 2.47%2017
- 2.23%2018
- 1.81%2019
- 1.46%2020
- 1.13%2021
- 1.08%2022
- 0.98%2023
- 0.85%2024
- 1.00%2025
- 0.91%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 07/09/2026 | 18/09/2026 | US$0.70 |
| Dividend | 04/06/2026 | 19/06/2026 | US$0.70 |
| Dividend | 05/03/2026 | 20/03/2026 | US$0.70 |
| Dividend | 04/12/2025 | 19/12/2025 | US$0.65 |
| Dividend | 04/09/2025 | 19/09/2025 | US$0.65 |
| Dividend | 05/06/2025 | 20/06/2025 | US$0.65 |
| Dividend | 06/03/2025 | 21/03/2025 | US$0.65 |
| Dividend | 05/12/2024 | 20/12/2024 | US$0.60 |
| Dividend | 05/09/2024 | 20/09/2024 | US$0.60 |
| Dividend | 06/06/2024 | 21/06/2024 | US$0.60 |
| Dividend | 28/02/2024 | 15/03/2024 | US$0.60 |
| Dividend | 29/11/2023 | 15/12/2023 | US$0.55 |
See all 40 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 30/08/2023 | 15/09/2023 | US$0.55 |
| Dividend | 31/05/2023 | 16/06/2023 | US$0.55 |
| Dividend | 01/03/2023 | 17/03/2023 | US$0.55 |
| Dividend | 30/11/2022 | 16/12/2022 | US$0.51 |
| Dividend | 31/08/2022 | 16/09/2022 | US$0.51 |
| Dividend | 01/06/2022 | 17/06/2022 | US$0.51 |
| Dividend | 02/03/2022 | 18/03/2022 | US$0.51 |
| Dividend | 01/12/2021 | 17/12/2021 | US$0.48 |
| Dividend | 01/09/2021 | 17/09/2021 | US$0.48 |
| Dividend | 02/06/2021 | 18/06/2021 | US$0.48 |
| Dividend | 03/03/2021 | 19/03/2021 | US$0.48 |
| Dividend | 02/12/2020 | 18/12/2020 | US$0.45 |
| Dividend | 02/09/2020 | 18/09/2020 | US$0.45 |
| Dividend | 03/06/2020 | 19/06/2020 | US$0.45 |
| Dividend | 04/03/2020 | 20/03/2020 | US$0.45 |
| Dividend | 04/12/2019 | 20/12/2019 | US$0.43 |
| Dividend | 04/09/2019 | 20/09/2019 | US$0.43 |
| Dividend | 05/06/2019 | 21/06/2019 | US$0.43 |
| Dividend | 27/02/2019 | 15/03/2019 | US$0.43 |
| Dividend | 05/12/2018 | 21/12/2018 | US$0.41 |
| Dividend | 05/09/2018 | 21/09/2018 | US$0.41 |
| Dividend | 30/05/2018 | 15/06/2018 | US$0.41 |
| Dividend | 28/02/2018 | 16/03/2018 | US$0.41 |
| Dividend | 29/11/2017 | 15/12/2017 | US$0.39 |
| Dividend | 29/08/2017 | 15/09/2017 | US$0.39 |
| Dividend | 30/05/2017 | 16/06/2017 | US$0.39 |
| Dividend | 28/02/2017 | 17/03/2017 | US$0.39 |
| Dividend | 29/11/2016 | 16/12/2016 | US$0.38 |
About Arthur J Gallagher &
- Sector
- Finance, insurance and real estate
Questions about AJG
How much is AJG today?
AJG is at US$231.82 (1.63% on the day), last traded on 01/10/2026.
How much did AJG pay in dividends in 2025?
AJG paid US$2.60 per share in 2025, a dividend yield of 1.00%.
What are the P/E and P/B of AJG?
AJG trades at a P/E of 37.85 and a P/B of 2.51.
How much did AJG return in 12 months?
AJG returned -25.49% in 12 months, with annualised volatility of 32.45% and a largest drawdown of -34.70%.