Filing Flows › Arthur J. Gallagher (AJG) › Operating margin
Arthur J. Gallagher (AJG) operating margin by quarter
Arthur J. Gallagher's operating margin was 13.0% in Q3 2026 (third quarter 2026), +2.6 pts from Q2 2026. Over the last 7 quarters it ranged from 4.9% (Q4 2025) to 23.4% (Q1 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 13.0% | +2.6 pts | +2.7 pts |
| Q2 2026 | 10.3% | -11.6 pts | -4.3 pts |
| Q1 2026 | 21.9% | +17.0 pts | -1.5 pts |
| Q4 2025 | 4.9% | -5.3 pts | — |
| Q3 2025 | 10.3% | -4.4 pts | — |
| Q2 2025 | 14.7% | -8.7 pts | — |
| Q1 2025 | 23.4% | — | — |
Q3 2026 at a glance
Arthur J. Gallagher, Q3 2026: revenue $4.0B (+18% year over year), operating margin 13.0%, net earnings $406M, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
Questions
What is Arthur J. Gallagher's operating margin?
Arthur J.
How has Arthur J. Gallagher's operating margin changed?
Gallagher's operating margin was 13.0% in Q3 2026 (third quarter 2026), +2.6 pts from Q2 2026. Over the last 7 quarters it ranged from 4.9% (Q4 2025) to 23.4% (Q1 2025).