Arthur J. Gallagher & Co.
—- Market cap
- $67.34B
- Debt
- +$13.51B
- Cash
- —
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 83% equity / 17% debt
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 ·
Decision snapshot: AJG stock price at premium vs OGE $262.73 current versus $116.11 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at OGE's multiple
Implied fair value · at AJG's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple premium
Premium justified
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: AJG FY 2025 (ended Dec 31, 2025) · OGE FY 2025 (ended Dec 31, 2025).
Trendline
Ten fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Complete market value, debt and cash evidence is required for enterprise value.
Capital structure 83% equity / 17% debt
Capital structure 63% equity / 37% debt · EV / Revenue 4.71x · EV / EBITDA 9.95x
AJG carries the larger enterprise value at $80.85B against $15.35B; OGE trades on the lower EV / Revenue multiple (4.71x vs 5.80x); OGE on the lower EV / EBITDA (9.95x vs 29.87x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
ARTHUR J. GALLAGHER & CO. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
OGE ENERGY CORP. · implied price per share
At least 3 of the last 5 annual free-cash-flow observations must be positive.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.58x
1.14x
Net debt / EBITDA
Leverage against operating earnings
—
3.67x
Cash and equivalents
Liquid reserves on the balance sheet
—
$200.00K
Total debt
Interest-bearing obligations outstanding
$13.51B
$5.66B
Comparable set
Where the pair sits against the wider comparable set.
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