Arthur J. Gallagher & Co. (AJG)
Insurance Agents, Brokers & Service
Latest Price
$249.42
TTM P/E
40.36
Normalized P/E
44.64
Div Yield
1.06%
Book Value
92.47
P/B Ratio
2.70
Valuation metrics
adjust assumptions →EPS: $5.74
Book value / share: $90.74
Formula: √(22.5 × EPS × BVPS)
Graham Number
$108.26
57% downside
Norm. op. income: $1.5B (median of 7yr)
Tax rate: 17%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$0.60
100% downside
Base FCF: $1.8B (median of recent 5yr)
Growth: 9%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$120.69
52% downside
EPS: $5.74
Target P/E: 45×
Formula: EPS × P/E
P/E Fair Value
$258.30
+4% upside
Institutional Ownership
79.5% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 19.31M | $4.18B | 7.52% | +68.2K | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 16.70M | $3.62B | 6.50% | -- | 2026-03-31 |
| FMR LLC | 14.62M | $3.17B | 5.69% | -489.7K | 2026-03-31 |
| Capital World Investors | 13.82M | $2.99B | 5.38% | +1.20M | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 12.42M | $2.69B | 4.83% | -- | 2026-03-31 |
| STATE STREET CORP | 10.97M | $2.38B | 4.27% | +20.3K | 2026-03-31 |
| Dodge & Cox | 7.35M | $1.59B | 2.86% | +6.47M | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 6.24M | $1.35B | 2.43% | +229.4K | 2026-03-31 |
| MORGAN STANLEY | 4.06M | $878.0M | 1.58% | -3.72M | 2026-03-31 |
| PRINCIPAL FINANCIAL GROUP INC | 3.24M | $702.0M | 1.26% | +409.1K | 2026-03-31 |