Earnings Releases·Oct 29, 2026, 4:19 PM ET

Arthur J. Gallagher & Co. — Third Quarter 2026 Earnings Summary

Total company revenue reached $3,930 million (up from $3,325 million YoY), while diluted net earnings rose to $406 million ($1.55 EPS) from $273 million ($1.04 EPS) YoY; adjusted diluted EPS was $3.00 versus $2.31 YoY.
The company executed a "two-pronged growth strategy" via organic growth and M&A, closing 5 Brokerage acquisitions in Q3 2026 adding $102 million in estimated annualized revenue, alongside 26 consecutive quarters of double-digit adjusted EBITDAC growth.
Capital return activities included $100 million in share repurchases and a dividend increase to $0.70 per share (from $0.65 YoY), while the firm remains confident in long-term value creation despite risks related to the AssuredPartners integration and market volatility.
Segment performance showed Brokerage organic revenue growth of 5% and Risk Management organic fee growth of 10%, with both segments improving adjusted EBITDAC margins (35.3% and 22.8% respectively) despite higher compensation costs and lower interest income.