Arthur J. Gallagher stock posts strong Q3 growth after earnings
Published on 11/09/2026 at 13:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGrowth remains broad-based
- Combined Brokerage and Risk Management revenue increased 18 percent, including 5 percent organic growth.
- Net earnings and adjusted EBITDAC each rose 25 percent in the third quarter.
- Management retained its 2026 organic-growth outlook of approximately 6 percent for the combined segments.
Arthur J. Gallagher & Co. reported strong third-quarter results on October 29, 2026, with growth across its brokerage and risk-management operations. The company said client retention, new business, client exposure growth and acquisitions supported the performance. The results were published by Nasdaq in a release issued by PRNewswire.
Arthur J. Gallagher stock traded at 255.40 euros on Lang & Schwarz at 13:10 CET on Monday, November 9, 2026. The quote reflects the euro trading venue and is not a substitute for a closing price on the company's home exchange.
Brokerage drives the quarter
Revenue before reimbursements rose to 3.930 billion US dollars from 3.325 billion US dollars a year earlier. Reported net earnings increased to 406 million US dollars from 273 million US dollars, while diluted earnings per share rose to 1.55 US dollars from 1.04 US dollars.
Adjusted revenue before reimbursements reached 3.917 billion US dollars, compared with 3.336 billion US dollars in the prior-year quarter. Adjusted net earnings were 782 million US dollars, up from 604 million US dollars, and adjusted diluted earnings per share increased to 3.00 US dollars from 2.31 US dollars.
The Brokerage segment generated 3.473 billion US dollars of revenue, up from 2.922 billion US dollars. Its reported net earnings rose to 515 million US dollars from 409 million US dollars. Risk Management revenue before reimbursements increased to 457 million US dollars from 402 million US dollars, while segment net earnings reached 61 million US dollars versus 50 million US dollars.
Organic momentum and acquisitions
Gallagher said combined Brokerage and Risk Management revenue grew 18 percent, including 5 percent organic growth. Brokerage organic growth was 5 percent, while Risk Management organic fees rose 10 percent. The company closed five acquisitions during the quarter, representing estimated annualized acquired revenue of 102 million US dollars.
Adjusted EBITDAC increased to 1.253 billion US dollars from 1.013 billion US dollars. Gallagher said this marked its 26th consecutive quarter of double-digit adjusted EBITDAC growth and another quarter of margin expansion. The comparison was affected by approximately 76 million US dollars of interest income in third-quarter 2025 from cash proceeds connected with the AssuredPartners financing, making the adjusted comparison less straightforward.
Management retained its outlook for approximately 6 percent organic growth in 2026 across the combined Brokerage and Risk Management segments. It also expects full-year adjusted EBITDAC margin to remain above 22 percent and said it remains on track for 160 million US dollars of annualized run-rate synergies by the end of 2026.
Arthur J. Gallagher at a glance
- Company: Arthur J. Gallagher & Co.
- ISIN: US3635761097
- Ticker: AJG
- Home exchange: NYSE
- Lang & Schwarz quote: 255.40 euros on November 9, 2026, at 13:10 CET
For investors, the quarter reinforces Gallagher's combination of organic expansion and acquisition-led growth. The next focus is execution against the retained 2026 outlook, including integration benefits and continued margin development. The real-time quote of Arthur J. Gallagher stock is available for ongoing market monitoring.
The S&P 500 market reports provide the broader US market context for large-cap stocks.
