Lockton Reports $4.5 Billion In Revenue, Six Years of Double-Digit Growth

By Will Crow

Lockton increased its revenue to $4.5 billion in the fiscal year 2026. Photo credit: Shutterstock (Garun .Prdt).

Posted June 15, 2026

Kansas City-based independent insurance brokerage Lockton reported its sixth consecutive year of double-digit growth for fiscal year 2026.

The company reported a 12% year-over-year increase in global revenue to approximately $4.5 billion, including 11% organic growth, according to a release. The fiscal year 2026 ended on April 30.

“Our results reflect the trust our clients place in us, the quality of our people, and the advantages of our private and independent model,” Ron Lockton, chairman and chief executive officer, said in the release. “Our structure allows us to invest with a long-term horizon, adapt quickly to emerging client and market needs, and continually reinvest in the capabilities, insights, and innovations that help clients navigate an increasingly complex risk environment.”

In the U.S., Lockton’s businesses earned revenue of just under $3 billion, up 11% year over year. The company said it was the U.S. business’s eighth consecutive year of double-digit growth. Additionally, Lockton’s People Solutions business surpassed $1 billion in revenue for the first time.

Lockton International achieved 15% growth, driven in part by 27% growth from People Solutions, the company said in its release. Lockton Re, the firm’s global reinsurance business, also earned a 15% growth.

In May, Lockton broke ground on its new global headquarters campus, which will be located in Leawood near State Line Road and College Boulevard. VanTrust Real Estate LLC is developing the 12-story, 455,132-square-foot building.

Lockton is currently headquartered in the Country Club Plaza. The firm hopes to move into its new headquarters by 2030.

Lockton employs nearly 15,000 associates companywide and around 1,600 locally. The firm operates in over 160 countries. Lockton ranked No 17. In Top Private Companies ranked by 2024 revenue in The Power Book 2026 edition. The world’s largest privately held independent insurance brokerage has seen revenues grow every year since its founding in 1966.