Arthur J. Gallagher & Co.AJGNYSE
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SG&A Expense Growth Under PressureDecelerating
Percentile Rank3
Year-over-Year Change

Year-over-year SG&A expense growth

Percentile
P3
Near historical low
vs 5Y Ago
-0.3x
Contraction
Streak
1 qtr
Consecutive declineDecelerating
PeriodValue
Q4 2025-74.67%
Q3 202546.00%
Q2 2025-4.97%
Q1 2025-70.90%
Q4 2024302.14%
Q3 20240.11%
Q2 2024149.97%
Q1 2024-327.00%
Q4 20230.26%
Q3 20230.81%
Q2 2023-0.18%
Q1 2023-70.51%
Q4 2022306.14%
Q3 20221.78%
Q2 2022-9.43%
Q1 2022-67.36%
Q4 2021292.55%
Q3 20216.77%
Q2 2021-3.95%
Q1 2021-71.86%
Q4 2020296.85%
Q3 20207.10%
Q2 2020-8.99%
Q1 2020-73.16%
Q4 2019298.18%
Q3 20194.02%
Q2 2019-3.68%
Q1 2019-72.34%
Q4 2018295.23%
Q3 20185.66%
Q2 2018-6.59%
Q1 2018-71.81%
Q4 2017304.69%
Q3 20170.65%
Q2 20172.75%
Q1 2017-74.10%
Q4 2016305.19%
Q3 2016-0.70%
Q2 20161.43%
Q1 2016-74.39%