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Arthur J Gallagher & Co

Financial Services US AJG

281.21USD
2.72(0.98%)

Last update at 2024-12-19T18:56:00Z

Day Range

276.90282.15
LowHigh

52 Week Range

216.70316.09
LowHigh

Fundamentals

  • Previous Close 278.49
  • Market Cap62265.61M
  • Volume1074077
  • P/E Ratio54.05
  • Dividend Yield0.82%
  • EBITDA3382.20M
  • Revenue TTM10667.70M
  • Revenue Per Share TTM48.96
  • Gross Profit TTM 3643.90M
  • Diluted EPS TTM5.25

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 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

Peer Comparison

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

Reports Covered

Stock Research & News

Profile

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.

Arthur J Gallagher & Co

2850 Golf Road, Rolling Meadows, IL, United States, 60008-4050

Key Executives

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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