TTM
18.2%
YoY change
−1.47pp
Trough year (2015)
8.1%
Peak year (1985)
21.6%
Latest annual
18.3%
Operating Margin history chart for Arthur J. Gallagher & (AJG) from 1985 to 2025
Latest: 18.3%
Operating Margin change chart for Arthur J. Gallagher & (AJG) from 1985 to 2025
Latest: −1.47pp
Operating Margin history table for Arthur J. Gallagher & (AJG) from 1985 to 2025
| 2025 | 18.3% | -1.47pp | ||
| 2024 | 19.8% | +1.29pp | ||
| 2023 | 18.5% | -1.04pp | ||
| 2022 | 19.5% | +3.21pp | ||
| 2021 | 16.3% | +1.45pp | ||
| 2020 | 14.8% | +4.36pp | ||
| 2019 | 10.5% | +1.56pp | ||
| 2018 | 8.9% | +0.73pp | ||
| 2017 | 8.2% | -0.18pp | ||
| 2016 | 8.4% | +0.26pp | ||
| 2015 | 8.1% | -0.50pp | ||
| 2014 | 8.6% | -2.18pp | ||
| 2013 | 10.8% | -0.79pp | ||
| 2012 | 11.6% | +0.22pp | ||
| 2011 | 11.4% | -1.25pp | ||
| 2010 | 12.6% | -1.49pp | ||
| 2009 | 14.1% | +2.41pp | ||
| 2008 | 11.7% | -1.63pp | ||
| 2007 | 13.3% | +2.22pp | ||
| 2006 | 11.1% | +0.21pp | ||
| 2005 | 10.9% | -6.29pp | ||
| 2004 | 17.2% | +0.73pp | ||
| 2003 | 16.4% | -1.95pp | ||
| 2002 | 18.4% | +1.24pp | ||
| 2001 | 17.2% | +0.45pp | ||
| 2000 | 16.7% | -1.10pp | ||
| 1999 | 17.8% | +6.47pp | ||
| 1998 | 11.3% | -4.98pp | ||
| 1997 | 16.3% | +6.78pp | ||
| 1996 | 9.5% | -1.40pp | ||
| 1995 | 10.9% | -2.17pp | ||
| 1994 | 13.1% | +0.70pp | ||
| 1993 | 12.4% | -1.70pp | ||
| 1992 | 14.1% | +1.73pp | ||
| 1991 | 12.4% | -2.40pp | ||
| 1990 | 14.8% | -1.73pp | ||
| 1989 | 16.5% | -0.22pp | ||
| 1988 | 16.7% | +2.98pp | ||
| 1987 | 13.8% | -1.74pp | ||
| 1986 | 15.5% | -6.08pp | ||
| 1985 | 21.6% | — |
- 202518.3%-1.47pp
- 202419.8%+1.29pp
- 202318.5%-1.04pp
- 202219.5%+3.21pp
- 202116.3%+1.45pp
- 202014.8%+4.36pp
- 201910.5%+1.56pp
- 20188.9%+0.73pp
- 20178.2%-0.18pp
- 20168.4%+0.26pp
- 20158.1%-0.50pp
- 20148.6%-2.18pp
- 201310.8%-0.79pp
- 201211.6%+0.22pp
- 201111.4%-1.25pp
- 201012.6%-1.49pp
- 200914.1%+2.41pp
- 200811.7%-1.63pp
- 200713.3%+2.22pp
- 200611.1%+0.21pp
- 200510.9%-6.29pp
- 200417.2%+0.73pp
- 200316.4%-1.95pp
- 200218.4%+1.24pp
- 200117.2%+0.45pp
- 200016.7%-1.10pp
- 199917.8%+6.47pp
- 199811.3%-4.98pp
- 199716.3%+6.78pp
- 19969.5%-1.40pp
- 199510.9%-2.17pp
- 199413.1%+0.70pp
- 199312.4%-1.70pp
- 199214.1%+1.73pp
- 199112.4%-2.40pp
- 199014.8%-1.73pp
- 198916.5%-0.22pp
- 198816.7%+2.98pp
- 198713.8%-1.74pp
- 198615.5%-6.08pp
- 198521.6%—
Operating Margin values are taken from Arthur J. Gallagher &'s reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Arthur J. Gallagher & (AJG)
According to Arthur J. Gallagher &'s latest reported financial statements, the company's latest reported operating margin is 18.2%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Arthur J. Gallagher & (AJG) most recent annual operating margin stands at 18.28% (2025) – contracted 1.5 percentage points year-over-year.
The record annual operating margin stands at 21.57%, reached in 1985; the historical low of 8.11% was recorded in 2015.
Arthur J. Gallagher & Operating Margin by Year
Arthur J. Gallagher & Operating Margin 2025: 18.3%
Arthur J. Gallagher & operating margin in 2025 was 18.28%, contracted 1.5 percentage points from 2024.
Arthur J. Gallagher & Operating Margin 2024: 19.8%
2024's operating margin for Arthur J. Gallagher & came in at 19.75%, expanded 1.3 percentage points from 2023.
Arthur J. Gallagher & Operating Margin 2023: 18.5%
Arthur J. Gallagher & posted operating margin of 18.46% in 2023, contracted 1.0 percentage points from 2022.
Arthur J. Gallagher & Operating Margin 2022: 19.5%
In 2022, Arthur J. Gallagher & reported operating margin of 19.49%, expanded 3.2 percentage points from 2021.
Arthur J. Gallagher & Operating Margin 2021: 16.3%
Arthur J. Gallagher & operating margin in 2021 was 16.29%.
See more financial history for Arthur J. Gallagher & (AJG).
Sector peers by Operating Margin
Financial Services peers of Arthur J. Gallagher & (AJG), ranked by their latest operating margin
| 61.1% | |
| 59.4% | |
| 26.2% | |
| 22.9% | |
| 20.5% | |
| 20.5% | |
| 19.5% | |
| 16.1% |
- 61.1%
- 59.4%
- 26.2%
- 20.5%
- 20.5%
- 19.5%
Frequently asked questions
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