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Last update at 2024-12-19T18:56:00Z
Countdown to Arthur J. Gallagher (AJG) Q3 Earnings: Wall Street Forecasts for Key Metrics
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Fri 04 Oct 24, 01:29 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 1327.00M | 975.10M | 870.90M | 626.10M | 479.40M |
Minority interest | -1.80000M | -48.20000M | 39.30M | 47.00M | 42.40M |
Net income | 1114.20M | 906.80M | 818.80M | 668.80M | 633.50M |
Selling general administrative | 4799.80M | 3927.50M | 3466.50M | 3339.50M | 3026.30M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 3597.40M | 2975.70M | 2503.30M | 2364.10M | 1950.10M |
Reconciled depreciation | 599.60M | 566.30M | 562.40M | 474.40M | 419.00M |
Ebit | 1749.90M | 1472.80M | 1001.50M | 836.50M | 637.00M |
Ebitda | 2349.50M | 2039.10M | 1563.90M | 1310.90M | 1056.00M |
Depreciation and amortization | 599.60M | 566.30M | 562.40M | 474.40M | 419.00M |
Non operating income net other | - | -16.20000M | - | - | - |
Operating income | 1749.90M | 1472.80M | 1001.50M | 836.50M | 627.40M |
Other operating expenses | 6883.70M | 6872.40M | 5969.20M | 6373.80M | 6306.60M |
Interest expense | -256.90000M | 226.10M | 196.40M | 179.80M | 138.40M |
Tax provision | 211.00M | 20.10M | 12.80M | -89.70000M | -196.50000M |
Interest income | 256.90M | 226.10M | 196.40M | 179.80M | 138.40M |
Net interest income | -256.90000M | -226.10000M | -196.40000M | -179.80000M | -138.40000M |
Extraordinary items | - | - | - | 0.00000M | -8.90000M |
Non recurring | - | - | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | 211.00M | 20.10M | 12.80M | -89.70000M | -196.50000M |
Total revenue | 8550.60M | 8209.40M | 7003.60M | 7195.00M | 6934.00M |
Total operating expenses | 1930.50M | 1638.70M | 1468.90M | 1542.90M | 1322.70M |
Cost of revenue | 4953.20M | 5233.70M | 4500.30M | 4830.90M | 4983.90M |
Total other income expense net | -422.90000M | -497.70000M | -130.60000M | -210.40000M | -9.60000M |
Discontinued operations | - | - | - | - | - |
Net income from continuing ops | 1116.00M | 955.00M | 858.10M | 715.80M | 675.90M |
Net income applicable to common shares | 1114.20M | 906.80M | 818.80M | 668.80M | 633.50M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Total assets | 51615.80M | 38907.80M | 33345.00M | 22331.40M | 19634.80M |
Intangible assets | 4633.30M | 3372.10M | 3954.00M | 2399.90M | 2318.70M |
Earning assets | - | - | - | - | - |
Other current assets | 27358.00M | 1461.50M | 1451.00M | 1113.90M | 1074.40M |
Total liab | 40800.50M | 29717.60M | 24784.90M | 16098.70M | 14419.30M |
Total stockholder equity | 10775.30M | 9143.60M | 8508.40M | 6186.20M | 5155.50M |
Deferred long term liab | - | 62.60M | 58.70M | 65.70M | 69.70M |
Other current liab | 29461.00M | 2091.20M | 1895.10M | 1596.20M | 1347.80M |
Common stock | 216.70M | 211.90M | 208.50M | 193.70M | 188.10M |
Capital stock | 216.70M | 211.90M | 208.50M | 193.70M | 188.10M |
Retained earnings | 4052.90M | 3562.20M | 2882.30M | 2371.70M | 1901.30M |
Other liab | - | 1966.40M | 1930.40M | 1376.80M | 1318.30M |
Good will | 11475.60M | 9489.40M | 8666.20M | 6127.00M | 5618.50M |
Other assets | - | 2288.80M | 2195.00M | 2.23M | 1673.80M |
Cash | 971.50M | 342.30M | 402.60M | 664.60M | 604.80M |
Cash and equivalents | - | 342.30M | 402.60M | 664.60M | 604.80M |
Total current liabilities | 31064.70M | 21888.00M | 16735.00M | 10135.00M | 8921.00M |
Current deferred revenue | 644.70M | 546.70M | 520.90M | 475.60M | 434.10M |
Net debt | 7345.70M | 6072.80M | 6190.30M | 4200.90M | 4342.80M |
Short term debt | 959.00M | 551.90M | 473.40M | 278.60M | 790.60M |
Short long term debt | 959.00M | 551.90M | 473.40M | 278.60M | 790.60M |
Short long term debt total | 8317.20M | 6415.10M | 6592.90M | 4865.50M | 4947.60M |
Other stockholder equity | 7297.80M | 6509.90M | 6143.70M | 4264.40M | 3825.70M |
Property plant equipment | - | 922.90M | 859.40M | 450.70M | 467.40M |
Total current assets | 32116.10M | 22834.60M | 17670.40M | 11124.20M | 9117.50M |
Long term investments | - | - | - | - | 45.40M |
Net tangible assets | - | -3717.90000M | -4111.80000M | -2340.70000M | -2781.70000M |
Short term investments | 3.90M | - | - | - | - |
Net receivables | 3786.60M | 16408.90M | 11753.10M | 6436.00M | 5419.20M |
Long term debt | 7006.00M | 5562.80M | 5810.20M | 4266.00M | 3816.10M |
Inventory | 27077.00M | 4621.90M | 4063.70M | 2909.70M | 2019.10M |
Accounts payable | 2553.10M | 18698.20M | 13845.60M | 7784.60M | 6348.50M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | 46.60M | 51.70M | 46.50M | 60.00M |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | -792.10000M | -1140.40000M | -726.10000M | -643.60000M | -759.60000M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | 211.90M | 208.50M | 193.70M | 188.10M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | 3562.20M | 2882.30M | 2371.70M | 1901.30M |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 1131.80M | 989.80M | 966.50M | 769.90M | 773.60M |
Deferred long term asset charges | - | - | - | - | 945.60M |
Non current assets total | 19499.70M | 16073.20M | 15674.60M | 11207.20M | 10517.30M |
Capital lease obligations | 352.20M | 300.40M | 309.30M | 320.90M | 340.90M |
Long term debt total | - | 5562.80M | 5810.20M | 4266.00M | 3816.10M |
Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Investments | -1835.20000M | -68.20000M | -67.90000M | -1.40000M | -52.00000M |
Change to liabilities | - | 5134.10M | -88.30000M | 1206.00M | 497.10M |
Total cashflows from investing activities | - | -1004.80000M | -3431.70000M | -416.80000M | -1376.60000M |
Net borrowings | - | 15.00M | 1700.70M | -96.40000M | 976.10M |
Total cash from financing activities | 2873.90M | -522.80000M | 2684.10M | -505.10000M | 638.40M |
Change to operating activities | - | 5262.80M | 167.30M | 1197.50M | 471.50M |
Net income | 966.00M | 1116.00M | 955.00M | 858.10M | 715.80M |
Change in cash | 1579.10M | 497.90M | 892.00M | 950.40M | 387.10M |
Begin period cash flow | 4964.20M | 4466.30M | 3574.30M | 2623.90M | 2236.80M |
End period cash flow | 6543.30M | 4964.20M | 4466.30M | 3574.30M | 2623.90M |
Total cash from operating activities | 2031.70M | 2125.40M | 1704.10M | 1752.50M | 1119.20M |
Issuance of capital stock | 120.90M | 123.10M | 1546.70M | 111.90M | 101.20M |
Depreciation | 696.50M | 599.60M | 566.30M | 562.40M | 474.40M |
Other cashflows from investing activities | - | -753.90000M | -3235.20000M | -316.10000M | -1185.80000M |
Dividends paid | 473.60M | 429.50M | 392.00M | 347.40M | 321.10M |
Change to inventory | - | - | -260.60000M | -25.30000M | -25.00000M |
Change to account receivables | -503.50000M | -4789.30000M | 132.90M | -796.50000M | -434.70000M |
Sale purchase of stock | 5470.70M | 119.50M | 2994.00M | 3070.90M | 5059.20M |
Other cashflows from financing activities | 1366.60M | 2540.10M | -229.60000M | -190.50000M | -140.90000M |
Change to netincome | - | -311.30000M | -214.90000M | -167.30000M | -218.60000M |
Capital expenditures | 193.60M | 182.70M | 128.60M | 99.30M | 138.80M |
Change receivables | - | - | - | - | - |
Cash flows other operating | - | -4413.00000M | 486.00M | -706.70000M | -349.50000M |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | - | 597.80M | 956.50M | 830.60M | 381.00M |
Change in working capital | -121.20000M | 552.70M | 199.50M | 295.70M | -65.60000M |
Stock based compensation | 31.40M | 24.40M | 13.40M | 13.60M | 14.00M |
Other non cash items | 415.90M | 41.70M | 153.90M | 13.50M | 45.90M |
Free cash flow | 1838.10M | 1942.70M | 1575.50M | 1653.20M | 980.40M |
Sector: Financial Services Industry: Insurance Brokers
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
AJG Arthur J Gallagher & Co |
2.72 0.98% | 281.21 | 54.05 | 25.71 | 5.84 | 5.26 | 6.26 | 27.42 |
MMC Marsh & McLennan Companies Inc |
2.01 0.96% | 211.90 | 27.11 | 21.60 | 4.12 | 8.01 | 4.69 | 17.72 |
AON Aon PLC |
2.83 0.80% | 355.41 | 30.99 | 21.14 | 5.23 | 12.74 | 6.45 | 21.84 |
WTW Willis Towers Watson PLC |
4.15 1.35% | 311.70 | 25.57 | 16.03 | 2.81 | 2.80 | 3.28 | 15.43 |
BRO Brown & Brown Inc |
1.79 1.77% | 102.72 | 26.80 | 23.04 | 4.84 | 3.81 | 5.57 | 16.58 |
Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to entities and individuals worldwide. It operates in Brokerage and Risk Management segments. The Brokerage segment offers retail and wholesale insurance and reinsurance brokerage services; assists retail brokers and other non-affiliated brokers in the placement of specialized and hard-to-place insurance; and acts as a brokerage wholesaler, managing general agent, and managing general underwriter for distributing specialized insurance coverages to underwriting enterprises. This segment performs activities, including marketing, underwriting, issuing policies, collecting premiums, appointing and supervising other agents, paying claims, and negotiating reinsurance; and offers services in the areas of insurance and reinsurance placement, risk of loss management, and management of employer sponsored benefit programs. The Risk Management segment provides contract claim settlement and administration services; and claims management, loss control consulting, and insurance property appraisal services. The company offers its services through a network of correspondent brokers and consultants. It serves commercial, industrial, public, religious, and nonprofit entities, as well as underwriting enterprises. Arthur J. Gallagher & Co. was founded in 1927 and is headquartered in Rolling Meadows, Illinois.
2850 Golf Road, Rolling Meadows, IL, United States, 60008-4050
Name | Title | Year Born |
---|---|---|
Mr. J. Patrick Gallagher Jr. | Chairman, Pres & CEO | 1952 |
Mr. Douglas K. Howell CPA | Corp. VP & CFO | 1962 |
Mr. Walter D. Bay | Corp. VP, Gen. Counsel & Sec. | 1963 |
Mr. Thomas Joseph Gallagher | Chief Exec. Officer of Brokerage Services | 1959 |
Mr. Scott R. Hudson CPA | Pres & CEO of Risk Management Services | 1962 |
Mr. David R. Long | VP | 1952 |
Mr. Richard C. Cary | Chief Accounting Officer & Controller | 1963 |
Mr. Mark H. Bloom | Global Chief Information Officer | 1964 |
Mr. Raymond Iardella | VP of Investor Relations | NA |
Ms. Linda J. Collins | VP of Corp. Communications | NA |
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