Arthur J. Gallagher (FRA:GAH) Total Operating Expense: €3,109 Mil (TTM As of Mar. 2026)


FRA:GAH Arthur J. Gallagher & Co FRA:GAH
82 GF Score
Price €217.90
GF Value €287.14
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Arthur J. Gallagher Total Operating Expense?

Arthur J. Gallagher FRA:GAH +0.18% 82 Total Operating Expense is €3,109 Mil as of Mar. 2026. GuruFocus rates FRA:GAH with a GF Score™ of 82/100 and a GF Value™ of €287.14 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Arthur J. Gallagher's Total Operating Expense for the three months ended in Mar. 2026 was €849 Mil. Arthur J. Gallagher's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €3,109 Mil.

Arthur J. Gallagher Total Operating Expense Related Terms

Arthur J. Gallagher Total Operating Expense Historical Data

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The historical data trend for Arthur J. Gallagher's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Arthur J. Gallagher Total Operating Expense Chart

Arthur J. Gallagher Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,450.25 1,822.39 2,187.96 2,480.14 2,886.52

Arthur J. Gallagher Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 689.13 650.34 730.25 878.77 849.43
FRA:GAH
82GF Score
Arthur J. Gallagher & Co FRA:GAH
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Arthur J. Gallagher Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,109 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of €3,109 Mil mean?
Arthur J. Gallagher (FRA:GAH) has a Total Operating Expense of €3,109 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Arthur J. Gallagher and its competitors.
Is Arthur J. Gallagher's Total Operating Expense too high?
Arthur J. Gallagher's current Total Operating Expense is €3,109 Mil. Overall, Arthur J. Gallagher has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Arthur J. Gallagher's Total Operating Expense compare to AON and MRSH?
Arthur J. Gallagher's Total Operating Expense of €3,109 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for an Insurance company?
A good Total Operating Expense depends on the Insurance industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Arthur J. Gallagher and its competitors. Arthur J. Gallagher's current Total Operating Expense is €3,109 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arthur J. Gallagher stock overvalued right now?
Based on GuruFocus' analysis, Arthur J. Gallagher (FRA:GAH) is currently considered Modestly Undervalued. The stock's GF Value™ is €287.14, compared to a current price of €217.90 — trading 24.1% below its estimated fair value. The current Total Operating Expense is €3,109 Mil. Arthur J. Gallagher's overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Arthur J. Gallagher (FRA:GAH), the current Total Operating Expense is €3,109 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Arthur J. Gallagher (FRA:GAH) Overvalued in 2026?

Based on GuruFocus' analysis, Arthur J. Gallagher stock appears to be undervalued. The current stock price of €217.90 is trading 24.1% below its estimated GF Value™ of €287.14. GuruFocus considers Arthur J. Gallagher to be Modestly Undervalued.

Key valuation signals for FRA:GAH:

  • Total Operating Expense: €3,109 Mil
  • GF Value™: €287.14 vs. price of €217.90 (24.1% below fair value)
  • GF Score™: 82/100 with 5 warning signs

No single metric tells the full story. See the FRA:GAH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Arthur J. Gallagher Business Description

Address 2850 Golf Road, Rolling Meadows, IL, USA, 60008-4050
Founded in 1927 as a one-person agency, Gallagher's primary business is insurance brokerage, with a focus on serving middle-market companies. The company's risk management segment provides third-party claims adjustment to companies that choose to self-insure. Gallagher has about 72,000 employees and generates about a third of its revenue internationally, primarily in Australia, Canada, New Zealand, and the UK.
82GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€217.90
Price
€287.14
GF Value