AJG Q1 2024 Earnings — Arthur J. Gallagher & Co. Revenue & Financial Results | Market Cap Arena

AJGArthur J. Gallagher & Co.

$55B

Q1 2024 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$3.3B+20.3% YoY

Gross Profit

$1.5B45.8% margin

Operating Income

$849M26.1% margin

Net Income

$608M18.7% margin

EPS (Diluted)

$2.74

QoQ Revenue Growth

+33.6%

Cash Flow

Operating Cash Flow

$789M

Free Cash Flow

$760M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$61.0B

Total Liabilities

$49.6B

Stockholders' Equity

$11.3B

Cash & Equivalents

$1.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.3B	$2.7B	+20.3%
Gross Profit	$1.5B	$1.3B	+18.7%
Operating Income	$849M	$716M	+18.6%
Net Income	$608M	$487M	+25.1%

Revenue Segments

Brokerage Segment

$2.9B88%

Risk Management Segment

$391M12%

Corporate Segment

$400,0000%

Geographic Segments

UNITED STATES

$2.1B66%

UNITED KINGDOM

$599M18%

Other Foreign

$253M8%

AUSTRALIA

$121M4%

CANADA

$105M3%

NEW ZEALAND

$44M1%