Arthur J. Gallagher stock posts 25% earnings growth in third quarter
Published on 11/06/2026 at 13:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGallagher expands operating momentum
- Brokerage and Risk Management revenue grew 18 percent, including 5 percent organic growth.
- Adjusted EBITDAC reached 1,253 million US dollars, extending double-digit growth to 26 consecutive quarters.
- The company declared a quarterly dividend of 0.70 US dollars per share and repurchased approximately 0.4 million shares.
Arthur J. Gallagher & Co. reported stronger third-quarter results on October 29, 2026, for the period ended September 30. In a PRNewswire release, the insurance brokerage said revenue before reimbursements rose to 3,930 million US dollars from 3,325 million US dollars a year earlier.
Reported net earnings increased to 406 million US dollars from 273 million US dollars. Diluted earnings per share reached 1.55 US dollars, compared with 1.04 US dollars in the prior-year quarter. Adjusted diluted earnings per share were 3.00 US dollars, up from 2.31 US dollars.
Brokerage remains the main growth engine
The combined Brokerage and Risk Management businesses delivered 18 percent revenue growth, including 5 percent organic growth. Management said strong client retention, new business, continued growth at clients and acquisitions supported the performance.
Brokerage revenue rose to 3,473 million US dollars from 2,922 million US dollars. Reported net earnings increased to 515 million US dollars from 409 million US dollars, while adjusted EBITDAC advanced to 1,222 million US dollars from 975 million US dollars. The adjusted EBITDAC margin widened to 35.3 percent from 33.3 percent.
Risk Management revenue before reimbursements rose to 457 million US dollars from 402 million US dollars. Net earnings increased to 61 million US dollars from 50 million US dollars, and adjusted EBITDAC reached 104 million US dollars compared with 89 million US dollars.
Gallagher closed five acquisitions during the quarter with estimated annualized revenue of 102 million US dollars. The company also repurchased approximately 0.4 million shares for approximately 100 million US dollars. The board declared a quarterly dividend of 0.70 US dollars per share, up from 0.65 US dollars in the year-earlier quarter.
Adjusted figures require context
Adjusted results exclude items such as acquisition integration, workforce and lease termination charges, acquisition-related adjustments and amortization of intangible assets. For the total company, adjusted EBITDAC rose to 1,253 million US dollars from 1,013 million US dollars. Gallagher said this marked its 26th consecutive quarter of double-digit adjusted EBITDAC growth and another quarter of margin expansion.
Chairman and CEO J. Patrick Gallagher Jr. said the results reflected the strength and resilience of the diversified model as market conditions evolve. He also pointed to rising complexity in risk and continued demand for the company's advice, advocacy, analytics and market access.
Arthur J. Gallagher stock traded at 254.30 euros on Lang & Schwarz at 13:46 CET on Friday, November 6, 2026. The real-time quote of Arthur J. Gallagher stock reflects the euro quotation on that trading venue.
Arthur J. Gallagher stock overview
- Company: Arthur J. Gallagher & Co.
- ISIN: US3635761097
- Ticker: AJG
- Primary exchange: NYSE
- Lang & Schwarz price: 254.30 euros on November 6, 2026, at 13:46 CET
The broader US market context is covered in the current market reports.
More news and analyses on Arthur J. Gallagher stock remain focused on organic growth, acquisition integration and the company's ability to sustain margin expansion.
