---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-258781"
form_type: "8-K"
ticker: "AJG"
cik: "0000354190"
company_name: "Arthur J. Gallagher & Co."
filed_at: "2025-10-30T23:59:59+00:00"
generated_at: "2026-05-17T01:27:13.546912+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Gallagher Q3 2025 revenue +20% to $3.33B; adjusted EPS $2.32 vs $2.26; AssuredPartners closed

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-258781
- form_type: 8-K
- ticker: AJG
- cik: 0000354190
- company_name: Arthur J. Gallagher & Co.
- filed_at: 2025-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354190/000119312525258781/0001193125-25-258781-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/354190/000119312525258781/d83473d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-258781
- JSON: https://secwatch.observer/filing/0001193125-25-258781.json
- Plain text: https://secwatch.observer/filing/0001193125-25-258781.txt

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