The Filing Desk

Arthur J. Gallagher vs Erie Indemnity

Arthur J. Gallagher AJG · Erie Indemnity ERIE · Insurance Brokers

Arthur J. Gallagher reported revenue of $13.9 billion in fiscal 2025, 3.4 times Erie Indemnity's $4.1 billion in fiscal 2025. Arthur J. Gallagher's revenue grew 20.7% in its latest year, and Erie Indemnity's grew 7.2%. Free cash flow was $1.8 billion at Arthur J. Gallagher and $571 million at Erie Indemnity.

Side by side

Arthur J. GallagherErie Indemnity
Latest fiscal yearFY2025, Dec 31, 2025FY2025, Dec 31, 2025
Revenue$13.9B$4.1B
Revenue growth20.7%7.2%
Revenue growth a year, last 5 years14.8%9.9%
Gross margin——
Operating margin—17.6%
Net margin10.7%13.8%
Free cash flow$1.8B$571M
Free cash flow margin12.8%14.0%
Return on capital9.9%31.8%
Net debt to EBITDA3.3x−0.5x
Dividends and buybacks$667M$254M
Change in diluted share count16.1%—
Last close$266.79$251.30
P/E at the last close44.2×—
Insider trades, last 12 monthsbought $988,490, sold $24.5 millionbought $1.4 million, sold $100,952
Piotroski F-score3 of 8—
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.

Ten years

Revenue
US$ billions, fiscal years
Arthur J. GallagherErie Indemnity
Operating margin
Percent of revenue
Arthur J. GallagherErie Indemnity
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Arthur J. GallagherErie Indemnity

Start a new comparison

Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Arthur J. Gallagher and Erie Indemnity pages.