secwatch.observer — SEC 8-K summary
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Issuer:     Arthur J. Gallagher & Co. (AJG)
CIK:        0000354190
Form:       8-K
Filed at:   2025-07-31T23:59:59+00:00
Accession:  0001193125-25-170602
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/354190/000119312525170602/0001193125-25-170602-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/354190/000119312525170602/d37218d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-170602

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