Arthur J. Gallagher Q1 revenue rises on acquisition growth

Arthur J. Gallagher & Co.

30/04/2026 21:26

Overview

Insurance brokerage's Q1 revenue rose but slightly missed analyst expectations

Adjusted EPS for Q1 rose to $4.47 from $3.72 yr/yr

Company repurchased 1.4 mln shares for $310 mln in Q1

Outlook

Company did not provide specific financial guidance for the current quarter or full year in its press release

Result Drivers

ORGANIC AND ACQUISITION GROWTH - Co said Q1 revenue growth was driven by both organic growth and acquisitions, with organic growth of 5% and strong client retention

TECHNOLOGY INVESTMENT - Co said deeper collaboration and technology initiatives, including AI and automation, supported client service and operational improvements

HIGHER EXPENSE RATIOS - Co said compensation and operating expense ratios rose due to lower interest income and increased integration and technology costs

Company press release: ID:nPnbLdB1Ma

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Miss*
$4.72 bln
$4.74 bln (13 Analysts)
Q1 Adjusted EPS
$4.47


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the multiline insurance & brokers peer group is "buy"

Wall Street's median 12-month price target for Arthur J. Gallagher & Co. is $273.78, about 29.3% above its April 29 closing price of $211.81

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 19 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)