What is the 13F Pro Quality Score for AJG?

13F Pro ranks Arthur J. Gallagher & Co. (AJG) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View AJG's current score at https://13fpro.ai/company/AJG (free sign-up required for the full ranking).

Which hedge funds own the most AJG stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of AJG include BlackRock,, FMR, VANGUARD CAPITAL MANAGEMENT. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/AJG as soon as new 13F filings post.

Where does 13F Pro source AJG data?

All Arthur J. Gallagher & Co. fundamentals and ownership data come directly from SEC EDGAR. Arthur J. Gallagher & Co. files with the SEC under CIK 354190. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is AJG in?

Arthur J. Gallagher & Co. (AJG) is classified in the Financials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/financials.

What drives AJG's revenue?

Per Arthur J. Gallagher & Co.'s latest 10-Q filed with the SEC on 2026-08-05, the biggest revenue drivers are: Brokerage ($3,502M, +26% YoY); Risk Management ($501M, +16% YoY (revenues before reimbursements); Commissions ($2,442M). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/AJG.

What are AJG's largest expenses?

Arthur J. Gallagher & Co.'s latest 10-Q reports these as the largest expense items: Compensation ($2,330M, +$491M YoY in brokerage segment); Operating ($679M, +$168M YoY in brokerage segment); Amortization ($301M, vs $180M prior year). Sourced directly from SEC EDGAR filing text for Q2 2026 (quarter ended June 30, 2026).

How often is AJG research updated on 13F Pro?

AJG's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

Arthur J. Gallagher & Co.(AJG)Stock Analysis

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SEC EDGAR: CIK 354190 AJG stock profile & AI dashboard →

13F Pro Quality Score

71.2/100

Rank #194 of 2,961 stocksTOP 10%

View Financials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

79.7/100

Profitability

54.3/100

Balance Sheet

52.4/100

Earnings Quality

69.6/100

Free Cash Flow

66.1/100

Institutional Flow

76.7/100

Revenue Scale

90.8/100

Dilution Risk

80.8/100

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Why AJG Scores 71/100

exact factor attribution · 2026-09-11

AJG's composite is driven by scale and revenue growth. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Scale

+8.2 pts

91th pct

Revenue growth

+7.9 pts

80th pct

Free cash flow

+2.4 pts

66th pct

Shareholder dilution

+2.0 pts

81th pct

Earnings quality

+2.0 pts

70th pct

Institutional flow

+1.8 pts

77th pct

Profitability

+0.9 pts

54th pct

Capital efficiency

+0.3 pts

52th pct

Earnings growth

+0.2 pts

53th pct

Latest change (2026-08-05): 72 → 60 · ↓ Profit margin 78→44; ↓ Revenue growth 79→66

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

Unusual Activity in AJG

Events flagged as statistical outliers against AJG's own multi-year baseline — not fixed dollar thresholds.

Score shock2026-08-05
AJG quality score dropped 12 points (72→60) on a new filing
View source filing →

AJG Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for Arthur J. Gallagher & Co. (AJG), a Financials sector company. 13F Pro's AI-powered ranking engine scores AJG at 71.2/100 on a 32-signal composite quality model, placing it at rank #194 of 2,961 stocks — the top 10% of the AI-ranked universe. AJG scores in the top quartile across revenue scale (90.8), revenue growth (79.7), institutional flow (76.7). Based on the latest XBRL financial filings (Q2 2026), Arthur J. Gallagher & Co. reports quarterly revenue of $4.0B, net income of $324.0M. Top institutional holders of AJG by reported 13-F value include BlackRock, FMR, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. AJG trades on the NYSE exchange and files with the SEC under CIK 354190. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate AJG daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Arthur J. Gallagher & Co. directly from SEC EDGAR. Arthur J. Gallagher & Co.'s 13F Pro composite quality score has ranged between 60 and 75 since 2021, currently 71.2 — an improving long-term trajectory across 68 quarterly and live scoring snapshots.

✦

Fun facts about Arthur J. Gallagher & Co.

Quirks, history, and lore behind AJG — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. financial services company · large-cap · listed on the NYSE · headquartered in the Chicago suburbs.
2
The Numbers
Annual revenue north of $10 billion, built almost entirely on commissions and fees — it earns money every time risk changes hands, not by taking the risk itself.
3
The History
Founded in 1927 by a single entrepreneur, it spent most of the 20th century as a mid-sized regional firm before an acquisition spree turned it into a global giant.
4
The Secret
It has completed hundreds of acquisitions over the years — bolt-on deals are practically a core business strategy, snapping up smaller insurance brokerages around the world like a hobby.
5
The Lore
It runs one of the largest employee benefits and risk management consulting operations on the planet, serving clients from small businesses to multinational corporations.
6
The Giveaway
Named after its founder Arthur J. Gallagher, this Rolling Meadows, Illinois insurance brokerage trades under a three-letter ticker that's basically the man's initials.

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What's Driving AJG's Business? Latest 10-Q Breakdown

✓ 51/51 datapoints verified

AI-extracted from Arthur J. Gallagher & Co.'s 10-Q filed 2026-08-05 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Total revenue rose 24% to $4.0B as the AssuredPartners acquisition drove 26% brokerage growth, but net earnings fell 12% to $324M on higher amortization, integration costs and $134M lower interest income.

Biggest Revenue Drivers

Brokerage$3,502M+26% YoY

Contribution of acquisitions made in the twelve-month period ended June 30, 2026 plus 4% organic growth

Risk Management$501M+16% YoY (revenues before reimbursements

12% organic fee growth reflecting continued strong new business production and client retention

Biggest Revenue Drivers

Total revenue: $4,003M

Brokerage$3,502M+26% YoY

Contribution of acquisitions made in the twelve-month period ended June 30, 2026 plus 4% organic growth

Within Brokerage

Commissions$2,442M

Base commissions and fees increased $793 million or 33% on acquisitions and organic growth

Interest income, premium finance and other income$90M

Decreased on lower interest earned on own and fiduciary funds, including $144M of prior-year AssuredPartners financing interest

Risk Management$501M+16% YoY (revenues before reimbursements

12% organic fee growth reflecting continued strong new business production and client retention

Within Risk Management

Fees$445M+16% YoY

Organic fee revenue change of 12% on new business production and client retention

Largest Expense Items

Compensation$2,330M+$491M YoY in brokerage segment

Acquisitions completed in the twelve months ended June 30, 2026 - $406M; base compensation supporting organic growth - $39M; integration costs - $33M

Operating$679M+$168M YoY in brokerage segment

Acquisitions - $113M, acquisition integration costs - $39M, workforce and lease termination charges - $10M, technology investment - $6M

Amortization$301Mvs $180M prior year

Intangible assets from acquisitions completed in the twelve-month period ended June 30, 2026; $21M of amortizable assets written off

Interest$168Mvs $158M prior year

Increase in borrowings outstanding under the Credit Agreement, partially offset by paydowns of Note Purchase Agreements

Margins: Brokerage adjusted EBITDAC margin fell 284 bpts to 33.3%; prior-year AssuredPartners financing interest income, AssuredPartners seasonality and tuck-in roll-in hurt the comparison by ~3.9%. Risk management adjusted EBITDAC margin rose 137 bpts to 22.3%.

Watch Items from the Filing

Brokerage compensation and operating expense ratios rose to 57.6% and 15.3% from 54.8% and 13.2%, with reported net earnings margin down 545 bpts to 12.9%.
Corporate borrowings total $13.7B with $23.6B of total contractual obligations; interest expense of $168M rose as Credit Agreement borrowings reached $1,365M.
IRS has investigated the IRC 831(b) micro-captive advisory business as a promoter since 2013, plus a related criminal investigation; company says it is not a target.
Maximum earnout obligations of $1,233M, with $514M recorded; $141M of earnout payments in excess of original estimates paid in the six months.
Q1 2026 CIAB survey showed U.S. commercial property/casualty rates down 1.2%, versus increases of 4.2% and 3.7% in the first two quarters of 2025.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$4.0B

Net Income

Q2 2026

$324.0M

ROIC

Q2 2026

4.4%

D/E Ratio

Q2 2026

0.57

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+20.7% YoY

$13.94BFY 2025

FY22 $8.55BFY23 $10.07BFY24 $11.55BFY25 $13.94B

Net Income

+2.1% YoY

$1.49BFY 2025

FY22 $1.11BFY23 $970.0MFY24 $1.46BFY25 $1.49B

EPS (Diluted)

-11.7% YoY

$5.74FY 2025

FY22 $5.19FY23 $4.42FY24 $6.50FY25 $5.74

Total Assets

+10.0% YoY

$70.67BFY 2025

FY22 $38.36BFY23 $51.62BFY24 $64.26BFY25 $70.67B

Total Debt

-1.4% YoY

$12.97BFY 2025

FY22 $6.11BFY23 $7.96BFY24 $13.16BFY25 $12.97B

Op. Cash Flow

-25.3% YoY

$1.93BFY 2025

FY22 $1.39BFY23 $2.03BFY24 $2.58BFY25 $1.93B

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$13.94B +20.7%	$11.55B +14.7%	$10.07B +17.8%	$8.55B +4.2%	$8.21B +17.2%	$7.00B
Net Income	$1.49B +2.1%	$1.46B +50.8%	$970.0M -12.9%	$1.11B +22.9%	$906.8M +10.7%	$818.8M
EPS (Diluted)	$5.74 -11.7%	$6.50 +47.1%	$4.42 -14.8%	$5.19 +18.8%	$4.37 +4.0%	$4.20
Total Assets	$70.67B +10.0%	$64.26B +24.5%	$51.62B +34.6%	$38.36B +15.4%	$33.24B +48.8%	$22.33B
Total Debt	$12.97B -1.4%	$13.16B +65.2%	$7.96B +30.3%	$6.11B -2.7%	$6.28B +38.3%	$4.54B
Operating Cash Flow	$1.93B -25.3%	$2.58B +27.1%	$2.03B +46.2%	$1.39B -0.2%	$1.39B -22.9%	$1.81B

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Available Research

13F Pro tracks comprehensive data for Arthur J. Gallagher & Co. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of AJG

BlackRock, Inc.
$4.6B19,822,870 sh
FMR LLC
$4.3B18,645,620 sh
VANGUARD CAPITAL MANAGEMENT LLC
$3.9B16,777,183 sh
JPMORGAN CHASE & CO
$3.3B14,356,764 sh
Capital World Investors
$2.9B12,511,991 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$2.9B12,454,725 sh
STATE STREET CORP
$2.6B11,303,790 sh
DODGE & COX
$2.1B9,363,634 sh
NORGES BANK
$1.5B6,733,790 sh
GEODE CAPITAL MANAGEMENT, LLC
$1.4B6,298,870 sh

Fund	Value	Shares
BlackRock, Inc.	$4.6B	19,822,870
FMR LLC	$4.3B	18,645,620
VANGUARD CAPITAL MANAGEMENT LLC	$3.9B	16,777,183
JPMORGAN CHASE & CO	$3.3B	14,356,764
Capital World Investors	$2.9B	12,511,991
VANGUARD PORTFOLIO MANAGEMENT LLC	$2.9B	12,454,725
STATE STREET CORP	$2.6B	11,303,790
DODGE & COX	$2.1B	9,363,634
NORGES BANK	$1.5B	6,733,790
GEODE CAPITAL MANAGEMENT, LLC	$1.4B	6,298,870

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Is AJG a good stock to buy?

13F Pro's AI-powered analysis of Arthur J. Gallagher & Co. (AJG) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for AJG are available on the AJG stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. AJG is classified as a large company.

Which hedge funds own AJG?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling AJG. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Arthur J. Gallagher & Co.'s investment landscape.