Arthur J. Gallagher (AJG) Investor presentation summary

Company overview and mission

• Operates as a leading global insurance broker and one of the largest P&C third-party administrators, with presence in approximately 130 countries and 71,776 employees.

• Mission centers on delivering cost-effective, differentiated risk management solutions, fostering employee growth, and building strong market relationships.

• Emphasizes a unique, values-driven culture focused on teamwork, professional excellence, and ethical standards.

Financial performance and growth

• Achieved $13.8B in adjusted revenue and $3.6B in acquired revenue for 2025, with a market capitalization of $64.1B.

• Combined brokerage and risk management segments saw 21% adjusted revenue growth and 26% adjusted EBITDAC growth in 2025.

• Five-year CAGR: 18% for adjusted revenues and 21% for adjusted EBITDAC, with EBITDAC margin rising 410 bps to 34.8%.

• Brokerage segment posted 22% adjusted revenue growth and 27% adjusted EBITDAC growth in 2025, with margin up 140 bps to 36.5%.

• Risk management segment delivered 9% adjusted revenue growth and 12% adjusted EBITDAC growth in 2025, with margin up 50 bps to 21.2%.

Revenue base and operational segments

• Brokerage segment accounts for 88% of revenue, focusing on insurance placement and consulting for commercial, small business, and individual clients.

• Risk management segment represents 12% of revenue, specializing in claims adjustment and loss reduction, primarily for Fortune 1000 clients.

• Revenue is diversified across retail P&C, benefits, wholesale, reinsurance, and international markets.