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Side-by-side financial comparison of Arthur J. Gallagher & Co. (AJG) and Stanley Black & Decker (SWK). Click either name above to swap in a different company.
Stanley Black & Decker is the larger business by last-quarter revenue ($3.8B vs $3.6B, roughly 1.0× Arthur J. Gallagher & Co.). Arthur J. Gallagher & Co. runs the higher net margin — 4.2% vs 1.4%, a 2.8% gap on every dollar of revenue. On growth, Arthur J. Gallagher & Co. posted the faster year-over-year revenue change (33.6% vs 0.1%). Arthur J. Gallagher & Co. produced more free cash flow last quarter ($713.4M vs $155.3M). Over the past eight quarters, Arthur J. Gallagher & Co.'s revenue compounded faster (5.5% CAGR vs 0.3%).
Arthur J. Gallagher & Co. (Gallagher) is an American insurance brokerage and risk management services company based in Rolling Meadows, Illinois, a suburb of Chicago. The company provides insurance brokerage and risk management services, which primarily includes processing of workers compensation and automobile insurance claims via the company's adjusters.
Stanley Black & Decker, Inc., formerly known as The Stanley Works, is an American manufacturer of industrial tools and household hardware, and a provider of security products. Headquartered in the Greater Hartford city of New Britain, Connecticut, Stanley Black & Decker is the result of the merger of The Stanley Works and Black & Decker on March 12, 2010.
AJG vs SWK — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $3.6B | $3.8B |
| Net Profit | $151.1M | $51.4M |
| Gross Margin | — | 31.4% |
| Operating Margin | 5.0% | — |
| Net Margin | 4.2% | 1.4% |
| Revenue YoY | 33.6% | 0.1% |
| Net Profit YoY | -41.5% | -43.6% |
| EPS (diluted) | $0.58 | $0.34 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $3.6B | — | ||
| Q3 25 | $3.4B | $3.8B | ||
| Q2 25 | $3.2B | $3.9B | ||
| Q1 25 | $3.7B | $3.7B | ||
| Q4 24 | $2.7B | $3.7B | ||
| Q3 24 | $2.8B | $3.8B | ||
| Q2 24 | $2.8B | $4.0B | ||
| Q1 24 | $3.3B | $3.9B |
| Q4 25 | $151.1M | — | ||
| Q3 25 | $272.7M | $51.4M | ||
| Q2 25 | $365.8M | $101.9M | ||
| Q1 25 | $704.4M | $90.4M | ||
| Q4 24 | $258.3M | $194.9M | ||
| Q3 24 | $312.6M | $91.1M | ||
| Q2 24 | $283.4M | $-11.2M | ||
| Q1 24 | $608.4M | $19.5M |
| Q4 25 | — | — | ||
| Q3 25 | — | 31.4% | ||
| Q2 25 | — | 27.0% | ||
| Q1 25 | — | 29.9% | ||
| Q4 24 | — | 30.8% | ||
| Q3 24 | — | 29.9% | ||
| Q2 24 | — | 28.4% | ||
| Q1 24 | — | 28.6% |
| Q4 25 | 5.0% | — | ||
| Q3 25 | 10.3% | — | ||
| Q2 25 | 14.6% | — | ||
| Q1 25 | 23.4% | — | ||
| Q4 24 | 12.3% | 3.4% | ||
| Q3 24 | 14.4% | 10.6% | ||
| Q2 24 | 13.2% | 9.5% | ||
| Q1 24 | 23.7% | 8.3% |
| Q4 25 | 4.2% | — | ||
| Q3 25 | 8.1% | 1.4% | ||
| Q2 25 | 11.4% | 2.6% | ||
| Q1 25 | 18.9% | 2.4% | ||
| Q4 24 | 9.5% | 5.2% | ||
| Q3 24 | 11.1% | 2.4% | ||
| Q2 24 | 10.2% | -0.3% | ||
| Q1 24 | 18.7% | 0.5% |
| Q4 25 | $0.58 | — | ||
| Q3 25 | $1.04 | $0.34 | ||
| Q2 25 | $1.40 | $0.67 | ||
| Q1 25 | $2.72 | $0.60 | ||
| Q4 24 | $1.10 | $1.29 | ||
| Q3 24 | $1.39 | $0.60 | ||
| Q2 24 | $1.27 | $-0.07 | ||
| Q1 24 | $2.74 | $0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $268.3M |
| Total DebtLower is stronger | $12.9B | $5.3B |
| Stockholders' EquityBook value | $23.3B | $9.0B |
| Total Assets | $70.7B | $21.8B |
| Debt / EquityLower = less leverage | 0.55× | 0.59× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | — | ||
| Q3 25 | — | $268.3M | ||
| Q2 25 | — | $311.8M | ||
| Q1 25 | — | $344.8M | ||
| Q4 24 | — | $290.5M | ||
| Q3 24 | — | $298.7M | ||
| Q2 24 | — | $318.5M | ||
| Q1 24 | — | $476.6M |
| Q4 25 | $12.9B | — | ||
| Q3 25 | — | $5.3B | ||
| Q2 25 | — | $5.6B | ||
| Q1 25 | — | $5.6B | ||
| Q4 24 | $23.0M | $6.1B | ||
| Q3 24 | — | $6.1B | ||
| Q2 24 | — | $6.1B | ||
| Q1 24 | — | $6.1B |
| Q4 25 | $23.3B | — | ||
| Q3 25 | $23.2B | $9.0B | ||
| Q2 25 | $23.0B | $9.1B | ||
| Q1 25 | $22.3B | $8.8B | ||
| Q4 24 | $20.2B | $8.7B | ||
| Q3 24 | $12.2B | $8.9B | ||
| Q2 24 | $11.6B | $8.7B | ||
| Q1 24 | $11.3B | $8.9B |
| Q4 25 | $70.7B | — | ||
| Q3 25 | $79.1B | $21.8B | ||
| Q2 25 | $80.1B | $22.5B | ||
| Q1 25 | $74.1B | $22.5B | ||
| Q4 24 | $64.3B | $21.8B | ||
| Q3 24 | $57.2B | $22.5B | ||
| Q2 24 | $63.0B | $22.5B | ||
| Q1 24 | $61.0B | $23.9B |
| Q4 25 | 0.55× | — | ||
| Q3 25 | — | 0.59× | ||
| Q2 25 | — | 0.62× | ||
| Q1 25 | — | 0.63× | ||
| Q4 24 | 0.00× | 0.70× | ||
| Q3 24 | — | 0.69× | ||
| Q2 24 | — | 0.70× | ||
| Q1 24 | — | 0.69× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $753.0M | $221.2M |
| Free Cash FlowOCF − Capex | $713.4M | $155.3M |
| FCF MarginFCF / Revenue | 19.7% | 4.1% |
| Capex IntensityCapex / Revenue | 1.1% | 1.8% |
| Cash ConversionOCF / Net Profit | 4.98× | 4.30× |
| TTM Free Cash FlowTrailing 4 quarters | $1.8B | $369.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $753.0M | — | ||
| Q3 25 | $731.3M | $221.2M | ||
| Q2 25 | $-426.1M | $214.3M | ||
| Q1 25 | $871.8M | $-420.0M | ||
| Q4 24 | $739.3M | $679.1M | ||
| Q3 24 | $934.8M | $285.8M | ||
| Q2 24 | $119.5M | $573.0M | ||
| Q1 24 | $789.3M | $-431.0M |
| Q4 25 | $713.4M | — | ||
| Q3 25 | $693.5M | $155.3M | ||
| Q2 25 | $-465.5M | $134.7M | ||
| Q1 25 | $843.6M | $-485.0M | ||
| Q4 24 | $695.7M | $564.6M | ||
| Q3 24 | $898.0M | $199.3M | ||
| Q2 24 | $87.7M | $485.8M | ||
| Q1 24 | $759.6M | $-496.7M |
| Q4 25 | 19.7% | — | ||
| Q3 25 | 20.6% | 4.1% | ||
| Q2 25 | -14.5% | 3.4% | ||
| Q1 25 | 22.6% | -13.0% | ||
| Q4 24 | 25.6% | 15.2% | ||
| Q3 24 | 32.0% | 5.3% | ||
| Q2 24 | 3.2% | 12.1% | ||
| Q1 24 | 23.3% | -12.8% |
| Q4 25 | 1.1% | — | ||
| Q3 25 | 1.1% | 1.8% | ||
| Q2 25 | 1.2% | 2.0% | ||
| Q1 25 | 0.8% | 1.7% | ||
| Q4 24 | 1.6% | 3.1% | ||
| Q3 24 | 1.3% | 2.3% | ||
| Q2 24 | 1.1% | 2.2% | ||
| Q1 24 | 0.9% | 1.7% |
| Q4 25 | 4.98× | — | ||
| Q3 25 | 2.68× | 4.30× | ||
| Q2 25 | -1.16× | 2.10× | ||
| Q1 25 | 1.24× | -4.65× | ||
| Q4 24 | 2.86× | 3.48× | ||
| Q3 24 | 2.99× | 3.14× | ||
| Q2 24 | 0.42× | — | ||
| Q1 24 | 1.30× | -22.10× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AJG
| Commissions | $2.1B | 57% |
| Broker Fees | $1.2B | 33% |
| Supplemental Revenue | $131.7M | 4% |
| Investment Performance | $121.8M | 3% |
| Contingent Revenue | $83.0M | 2% |
SWK
| Tools And Outdoor Segment | $3.3B | 87% |
| Engineered Fastening Segment | $500.5M | 13% |
