Arthur J. Gallagher & Co. Website

Arthur J. Gallagher & Co.

NYSE-AJG

Income Statement
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
Dec '23
LTM

Operating Revenues

6,897.1

6,782.2

7,973.9

8,270.1

9,559.2

10,388.5

Other Revenues, Total

—

—

—

—

—

-2.9

-0.4

—

—

—

—

Total Revenues

6,894.2

6,781.8

7,973.9

8,270.1

9,559.2

10,388.5

Total Revenues % Chg.

2.7%

-1.6%

17.6%

3.7%

15.6%

17.6%

Cost of Goods Sold, Total

4,692.3

4,348.6

5,100.7

4,626.9

5,405.8

5,882.4

Gross Profit

2,201.9

2,433.2

2,873.2

3,643.2

4,153.4

4,506.1

Selling General & Admin Expenses, Total

1,068.5

906.5

1,072.4

1,213.7

1,550

1,594.7

Depreciation & Amortization

140.4

145.1

151.2

144.7

165.2

172.9

Amortization of Goodwill and Intangible Assets

334

365.6

397.5

452.9

527.8

604.3

Other Operating Expenses

—

—

—

—

—

-102.5

-150

-367.3

-367.3

Other Operating Expenses, Total

1,542.9

1,417.2

1,518.6

1,661.3

1,875.7

2,004.6

Operating Income

659

1,016

1,354.6

1,981.9

2,277.7

2,501.5

Interest Expense, Total

-179.8

-196.4

-226.1

-256.9

-296.7

-337.5

Interest And Investment Income

86.9

75.9

—

—

—

45

Net Interest Expenses

-92.9

-120.5

-226.1

-256.9

-296.7

-292.5

Income (Loss) On Equity Invest.

—

—

—

—

—

—

—

—

Other Non Operating Income (Expenses)

—

—

—

—

—

—

—

—

—

—

EBT, Excl. Unusual Items

566.1

895.5

1,128.5

1,725

1,981

2,209

Restructuring Charges

—

—

—

—

-55.3

-66.8

-60.3

Merger & Related Restructuring Charges

—

—

—

—

-210.5

-278.5

-261.6

Gain (Loss) On Sale Of Investments

—

—

—

—

—

—

—

—

—

Gain (Loss) On Sale Of Assets

75.3

-5.8

—

—

—

—

Asset Writedown

—

-51.7

-17.6

-2

-3.5

-3.5

Legal Settlements

—

—

—

—

—

—

—

—

—

Other Unusual Items

-15.3

32.9

-135.8

-130.2

-447.1

-463.4

EBT, Incl. Unusual Items

626.1

870.9

975.1

1,327

1,185.1

1,420.2

Income Tax Expense

-89.7

12.8

20.1

211

219.1

278.5

Earnings From Continuing Operations

715.8

858.1

955

1,116

966

1,141.7

Minority Interest

-47

-39.3

-48.2

-1.8

3.5

-1.4

Net Income

668.8

818.8

906.8

1,114.2

969.5

1,140.3

Net Income to Common Incl Extra Items

668.8

818.8

906.8

1,114.2

969.5

1,140.3

Net Income to Common Excl. Extra Items

668.8

818.8

906.8

1,114.2

969.5

1,140.3

Total Shares Outstanding

188.1

193.7

208.5

211.9

216.7

219.1

Weighted Avg. Shares Outstanding

186

191

202.7

210.3

214.9

217.1

Weighted Avg. Shares Outstanding Dil

190.1

195

207.3

214.7

219.3

221.5

EPS

3.6

4.3

4.5

5.3

4.5

5.3

EPS Diluted

3.5

4.2

4.4

5.2

4.4

5.1

EBITDA

1,133.3

1,526.7

1,903.3

2,579.5

2,970.7

3,278.7

Effective Tax Rate

-14.3%

1.5%

2.1%

15.9%

18.5%

19.6%