earnings
confidence high
sentiment positive
materiality 0.85
Gallagher Q3 2025 revenue +20% to $3.33B; adjusted EPS $2.32 vs $2.26; AssuredPartners closed
Arthur J. Gallagher & Co.
2025-Q3 EPS
reported $5.16
vs consensus $2.57
▲ beat
(+100.7%)
- Adjusted diluted EPS $2.32 (GAAP $1.04) vs $2.26 a year ago; net earnings $273.6M vs $314.1M GAAP.
- Total revenue before reimbursements $3.33B, up 20% YoY; combined brokerage & risk management organic growth 4.8%.
- Closed AssuredPartners acquisition for ~$13.8B on Aug 18, 2025; funded by $8.5B equity & $5.0B debt.
- Brokerage segment adjusted EBITDAC $981.6M, +22% YoY; margin 33.5% including ~$76M interest income from acquisition financing.
- Interest & banking costs $161.9M (up from $93.7M) reflecting debt issued for AssuredPartners.