---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-170602"
form_type: "8-K"
ticker: "AJG"
cik: "0000354190"
company_name: "Arthur J. Gallagher & Co."
filed_at: "2025-07-31T23:59:59+00:00"
generated_at: "2026-05-17T22:32:20.740852+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Arthur J. Gallagher Q2 2025 revenue $3.18B, adjusted EPS $2.33, organic growth 5.4%

## Summary
- Combined brokerage & risk management revenue grew 16% to $3.17B; organic revenue growth 5.4%.
- Net earnings $366.2M, adjusted net earnings $609.1M; adjusted EBITDAC margin rose 307 bps to 34.5%.
- Completed 9 new mergers with ~$290M estimated annualized revenue; pending AssuredPartners ($13.45B) on track for Q3 2025.
- Brokerage segment adjusted EBITDAC $1,012.9M, up 27% YoY; Risk Management adjusted EBITDAC $82.1M, up 12% YoY.
- Higher interest costs from Dec 2024 debt issuance; total debt $9.55B public + $3.323B private at June 30, 2025.

## SEC filing metadata
- accession: 0001193125-25-170602
- form_type: 8-K
- ticker: AJG
- cik: 0000354190
- company_name: Arthur J. Gallagher & Co.
- filed_at: 2025-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354190/000119312525170602/0001193125-25-170602-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/354190/000119312525170602/d37218d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-170602
- JSON: https://secwatch.observer/filing/0001193125-25-170602.json
- Plain text: https://secwatch.observer/filing/0001193125-25-170602.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.