Arthur J. Gallagher Completes 33 Acquisitions, Eyes 7% Growth and 21–22% Margin
Arthur J. Gallagher completed 33 acquisitions in 2025, adding $3.5 billion in annualized revenues and received an upgrade to Overweight by Barclays. The company targets 7% organic growth in Risk Management, 5.5% in Brokerage and an adjusted EBITDAC margin of 21%–22% for 2026.
1. 2025 Acquisition Activity
Arthur J. Gallagher completed 33 acquisitions in 2025, adding $3.5 billion in annualized revenues and strengthening its global footprint across risk management and brokerage services.
2. Barclays Upgrade Rationale
Barclays upgraded the company to Overweight, highlighting the resilience of insurance brokers against AI disruption and the potential for artificial intelligence to boost productivity and margins.
3. 2026 Growth and Margin Targets
The firm is pursuing 7% organic growth in its Risk Management segment and 5.5% in Brokerage for 2026, with an adjusted EBITDAC margin outlook of 21% to 22%, up from prior forecasts.
4. Insider Sale and Investor Meeting
Director Kelly Louise Morrison sold shares valued between $15,001 and $50,000 on March 8, 2026, ahead of a virtual quarterly investor meeting set for March 17 to review strategic initiatives and financial outlook.