Market Summary
USD203.81-0.51
Market Closed-0.25%
AJG Alerts
AJG Stock Price
AJG RSI Chart
AJG Valuation
AJG Price/Sales (Trailing)
AJG Profitability
AJG Fundamentals
AJG Revenue
AJG Earnings
Price Action
52 Week Range
147.01219.23
(Low)(High)
Last 7 days
-5.7%
Last 30 days
-0.8%
Last 90 days
10.7%
Trailing 12 Months
28.0%
AJG Financial Health
AJG Investor Care
Peers (Alternatives to Arthur J Gallagher)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MMC | 85.7B | 21.1B | -1.72% | 11.11% | 26.68 | 4.06 | 3.99% | -0.53% |
AON | 64.0B | 12.7B | -4.92% | 14.35% | 24.35 | 5.05 | 2.77% | 90.65% |
AJG | 43.7B | 8.8B | -0.79% | 28.04% | 37.54 | 4.95 | 4.03% | 19.22% |
RE | 24.5B | 12.4B | -5.12% | 26.78% | 41.05 | 1.97 | 3.58% | -56.71% |
BRO | 17.8B | 3.8B | 0.08% | 8.59% | 25.95 | 4.71 | 20.50% | 13.05% |
AFG | 9.7B | 7.2B | -4.93% | -11.85% | 11.83 | 1.35 | 8.46% | -56.06% |
| MID-CAP | ||||||||
UNM | 9.2B | 12.0B | 13.86% | 28.73% | 6.51 | 0.77 | 1.01% | 53.46% |
AIZ | 6.6B | 10.4B | 7.06% | -29.38% | 27.49 | 0.64 | 1.13% | -82.21% |
GNW | 2.8B | 7.5B | 3.09% | 38.29% | 5.29 | 0.37 | -3.49% | -39.72% |
| SMALL-CAP | ||||||||
BRP | 1.5B | 1.1B | -12.01% | -12.70% | -35.56 | 1.51 | 62.53% | -241.26% |
GSHD | 1.3B | 226.1M | 2.79% | 6.40% | 267.68 | 5.67 | 40.10% | -7.76% |
EHTH | 184.4M | 373.8M | 17.68% | -36.35% | -2.43 | 0.49 | -26.59% | 44.35% |
HALL | 78.6M | 200.9M | -23.99% | -84.82% | -0.73 | 0.39 | -30.83% | -1300.69% |
KINS | 13.7M | 138.2M | -0.35% | -71.59% | -0.75 | 0.1 | -8.01% | -13.02% |
Financials for Arthur J Gallagher
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Revenue | 3.2% | 8,821 | 8,551 | 8,495 | 8,589 | 8,480 |
| Operating Expenses | 4.9% | 1,396 | 1,331 | 1,283 | 1,227 | 1,157 |
| Costs and Expenses | 2.8% | 7,426 | 7,224 | 7,177 | 7,355 | 7,375 |
| EBITDA | 11.9% | 2,184 | 1,952 | 1,869 | 1,728 | - |
| EBITDA Margin | 11.2% | 0.26* | 0.23* | 0.22* | 0.20* | - |
| Earnings Before Taxes | 5.1% | 1,395 | 1,327 | 1,318 | 1,234 | 1,104 |
| EBT Margin | 0.0% | 0.16* | 0.16* | 0.14* | 0.13* | - |
| Interest Expenses | 1.6% | 261 | 257 | 254 | 250 | 242 |
| Net Income | 4.4% | 1,163 | 1,114 | 1,089 | 1,059 | 975 |
| Net Income Margin | 1.6% | 0.13* | 0.13* | 0.12* | 0.11* | - |
| Free Cahsflow | -12.1% | 2,125 | 2,419 | 1,784 | 1,920 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Assets | 15.9% | 45,094 | 38,908 | 38,668 | 39,990 | 43,162 |
| Current Assets | 26.0% | 28,778 | 22,835 | 23,797 | 24,744 | 27,519 |
| Cash Equivalents | 293.1% | 1,346 | 342 | 554 | 524 | 529 |
| Net PPE | 0.9% | 581 | 576 | 561 | 570 | 505 |
| Goodwill | 2.3% | 9,703 | 9,489 | 8,837 | 9,036 | 8,728 |
| Liabilities | 18.6% | 35,236 | 29,718 | 30,039 | 31,129 | 34,118 |
| Current Liabilities | 23.8% | 27,096 | 21,888 | 22,457 | 23,505 | 26,145 |
| . Short Term Borrowings | 117.7% | 675 | 310 | 440 | 710 | 250 |
| Long Term Debt | -1.1% | 9.00 | 9.00 | - | - | - |
| LT Debt, Non Current | 8.3% | 6,022 | 5,563 | 5,562 | 5,562 | 5,761 |
| Shareholder's Equity | 7.8% | 9,858 | 9,144 | 8,574 | 8,862 | 9,043 |
| Retained Earnings | 10.3% | 3,930 | 3,562 | 3,536 | 3,389 | 3,213 |
| Additional Paid-In Capital | 4.1% | 6,775 | 6,510 | 6,306 | 6,267 | 6,232 |
| Shares Outstanding | 1.1% | 214 | 212 | 211 | 210 | 210 |
| Minority Interest | -13.1% | 41.00 | 47.00 | 55.00 | 53.00 | 54.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 |
| Cashflow From Operations | -0.3% | 2,119 | 2,125 | 2,419 | 1,784 | 1,920 |
| Share Based Compensation | 5.7% | 26.00 | 24.00 | 21.00 | 15.00 | 12.00 |
| Cashflow From Investing | -16.2% | -1,167 | -1,004 | -3,203 | -3,198 | -3,175 |
| Cashflow From Financing | 221.6% | 636 | -522 | 413 | 19.00 | 2,602 |
| Dividend Payments | 2.5% | 440 | 430 | 421 | 404 | 401 |
Risks for AJG
What is the probability of a big loss on AJG?
19.6%
Probability that Arthur J Gallagher stock will be more than 20% underwater in next one year
18.5%
Probability that Arthur J Gallagher stock will be more than 30% underwater in next one year.
0%
Probability that Arthur J Gallagher stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does AJG drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Arthur J Gallagher was unfortunately bought at previous high price.
Drawdowns
Returns for AJG
Cumulative Returns on AJG
19.1%
10-Year Cumulative Returns
25.3%
7-Year Cumulative Returns
26.8%
5-Year Cumulative Returns
32.0%
3-Year Cumulative Returns
What are the long-term rolling returns for AJG?
FIve years rolling returns for Arthur J Gallagher.
Annualized Returns
Which funds bought or sold AJG recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-05-24 | Old North State Trust, LLC | added | 0.13 | 31,000 | 2,011,000 | 1.39% |
2023-05-23 | MOUNTAIN PACIFIC INVESTMENT ADVISERS INC/ID | reduced | -0.69 | 418,200 | 54,782,800 | 3.88% |
2023-05-23 | Toroso Investments, LLC | added | 112 | 1,046,000 | 1,950,000 | 0.03% |
2023-05-23 | Brookfield Corp /ON/ | reduced | -60.03 | -10,388,700 | 7,088,800 | 0.03% |
2023-05-23 | Front Row Advisors LLC | new | - | 10,000 | 10,000 | -% |
2023-05-22 | Arete Wealth Advisors, LLC | new | - | 953,000 | 953,000 | 0.08% |
2023-05-22 | AMERIPRISE FINANCIAL INC | added | 14.03 | 3,360,730 | 24,770,700 | 0.01% |
2023-05-22 | Raleigh Capital Management Inc. | added | 4.27 | 45,384 | 826,696 | 0.41% |
2023-05-19 | Coppell Advisory Solutions LLC | added | 8.93 | 69,219 | 791,082 | 0.26% |
2023-05-18 | JPMORGAN CHASE & CO | reduced | -16.36 | -161,111,000 | 903,888,000 | 0.11% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
AJG Alerts
Arthur J Gallagher News
Schedule 13G FIlings of Arthur J Gallagher
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 12.39% | 26,124,202 | SC 13G/A | |
| Feb 03, 2023 | blackrock inc. | 7.9% | 16,707,293 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 11.73% | 24,314,580 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 7.8% | 16,267,719 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 10.95% | 21,066,109 | SC 13G/A | |
| Jan 27, 2021 | blackrock inc. | 10.5% | 20,229,733 | SC 13G/A | |
| Feb 12, 2020 | vanguard group inc | 11.46% | 21,387,625 | SC 13G/A | |
| Feb 04, 2020 | blackrock inc. | 10.8% | 20,241,439 | SC 13G/A |
AJG Fair Value
Arthur J Gallagher fair value in different scenarios
The table shows the Fair Value estimates for Arthur J Gallagher for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 81.42 -60.05% | 99.66 -51.10% | 129.80 -36.31% | 167.12 -18.00% | 199.03 -2.35% |
| Current Inflation | 74.46 -63.47% | 89.76 -55.96% | 114.59 -43.78% | 145.43 -28.64% | 171.70 -15.75% |
| Very High Inflation | 65.96 -67.64% | 77.93 -61.76% | 96.88 -52.47% | 120.56 -40.85% | 140.67 -30.98% |
Historical Arthur J Gallagher Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Arthur J Gallagher
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| May 18, 2023 | 4 | Insider Trading | |
| May 18, 2023 | 4 | Insider Trading | |
| May 15, 2023 | 13F-NT | 13F-NT | |
| May 12, 2023 | 4 | Insider Trading | |
| May 12, 2023 | 4 | Insider Trading | |
| May 12, 2023 | 424B2 | Prospectus Filed | |
| May 11, 2023 | 4 | Insider Trading | |
| May 11, 2023 | 8-K | Current Report | |
| May 11, 2023 | 4 | Insider Trading | |
| May 11, 2023 | 4 | Insider Trading |
Latest Insider Trading transactions for AJG
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-05-16 | GALLAGHER J PATRICK JR | gifted | - | - | -460 | president & ceo |
2023-05-16 | Gallagher Patrick Murphy | gifted | - | - | -460 | vice president |
2023-05-10 | BAX WILLIAM L | sold | - | - | -1,030 | - |
2023-05-10 | Coldman David John | acquired | - | - | 1,030 | - |
2023-05-10 | JOHNSON DAVID S | sold | - | - | -1,030 | - |
2023-05-10 | ROSENTHAL NORMAN L | sold | - | - | -1,030 | - |
2023-05-10 | ROSENTHAL NORMAN L | acquired | - | - | 1,030 | - |
2023-05-10 | BARRAT SHERRY S | acquired | - | - | 1,030 | - |
2023-05-10 | NICOLETTI RALPH J | sold | - | - | -1,030 | - |
2023-05-10 | NICOLETTI RALPH J | acquired | - | - | 1,030 | - |
Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance brokerage, consulting, third-party claims settlement, and administration services in the United States, Australia, Bermuda, Canada, the Caribbean, New Zealand, India, and the United Kingdom. It operates through Brokerage and Risk Management segments. The Brokerage segment consists of retail and wholesale insurance brokerage operations; assists retail brokers and other non-affiliated brokers in the placement of specialized and hard-to-place insurance; acts as a brokerage wholesaler, managing general agent, and managing general underwriter for distributing specialized insurance coverage's to underwriting enterprises. This segment also performs activities, including marketing, underwriting, issuing policies, collecting premiums, appointing and supervising other agents, paying claims, and negotiating reinsurance; and offers brokerage and consulting services to businesses and organizations, including commercial, not-for-profit, and public entities, as well as individuals in the areas of insurance placement, risk of loss management, and management of employer sponsored benefit programs. The Risk Management segment provides contract claim settlement and administration services to enterprises and public entities; and claims management, loss control consulting, and insurance property appraisal services. The company offers its services through a network of correspondent insurance brokers and consultants. It serves commercial, industrial, public, religious, and not-for-profit entities. The company was incorporated in 1927 and is headquartered in Rolling Meadows, Illinois.
AJG Income Statement
2023-03-31Consolidated Statement of Earnings - USD ($) $ in Millions | 3 Months Ended | |
|---|---|---|
Mar. 31, 2023 | Mar. 31, 2022 | |
| Revenues before reimbursements | $ 2,672.9 | $ 2,404.5 |
| Reimbursements | 33.2 | 30.8 |
| Total revenues | 2,706.1 | 2,435.3 |
| Compensation | 1,415.5 | 1,282.0 |
| Operating | 382.5 | 317.3 |
| Reimbursements | 33.2 | 30.8 |
| Cost of revenues from clean coal activities | 22.9 | |
| Interest | 67.9 | 63.9 |
| Depreciation | 37.7 | 35.2 |
| Amortization | 121.7 | 124.6 |
| Change in estimated acquisition earnout payables | 41.8 | 20.9 |
| Total expenses | 2,100.3 | 1,897.6 |
| Earnings before income taxes | 605.8 | 537.7 |
| Provision for income taxes | 119.2 | 98.6 |
| Net earnings | 486.6 | 439.1 |
| Net earnings attributable to noncontrolling interests | 0.1 | 0.4 |
| Net earnings attributable to controlling interests | $ 486.5 | $ 438.7 |
| Basic net earnings per share | $ 2.29 | $ 2.10 |
| Diluted net earnings per share | 2.24 | 2.05 |
| Dividends declared per common share | $ 0.55 | $ 0.51 |
| Commissions [Member] | ||
| Revenues before reimbursements | $ 1,747.4 | $ 1,565.3 |
| Broker Fees [Member] | ||
| Revenues before reimbursements | 705.7 | 650.9 |
| Supplemental Revenue [Member] | ||
| Revenues before reimbursements | 81.6 | 74.3 |
| Contingent Revenue [Member] | ||
| Revenues before reimbursements | 71.8 | 71.6 |
| Investment Income [Member] | ||
| Revenues before reimbursements | 66.0 | 18.2 |
| Net Gains on Divestitures [Member] | ||
| Revenues before reimbursements | 0.3 | 1.4 |
| Clean Coal Activities [Member] | ||
| Revenues before reimbursements | 22.7 | |
| Other Net Revenue [Member] | ||
| Revenues before reimbursements | $ 0.1 | $ 0.1 |
AJG Balance Sheet
2023-03-31Consolidated Balance Sheet - USD ($) $ in Millions | Mar. 31, 2023 | Dec. 31, 2022 |
|---|---|---|
| Statement of Financial Position [Abstract] | ||
| Cash and cash equivalents | $ 1,549.9 | $ 738.4 |
| Fiduciary assets | 23,403.4 | 18,236.7 |
| Accounts receivable, net | 3,526.5 | 2,911.1 |
| Other current assets | 298.2 | 399.0 |
| Total current assets | 28,778.0 | 22,285.2 |
| Fixed assets - net | 581.2 | 576.2 |
| Deferred income taxes (includes tax credit carryforwards of $723.1 in 2023 and $772.7 in 2022) | 1,244.1 | 1,299.0 |
| Other noncurrent assets | 1,028.6 | 989.8 |
| Right-of-use assets | 355.2 | 346.7 |
| Goodwill | 9,703.2 | 9,489.4 |
| Amortizable intangible assets - net | 3,404.1 | 3,372.1 |
| Total assets | 45,094.4 | 38,358.4 |
| Fiduciary liabilities | 23,403.4 | 18,236.7 |
| Accrued compensation and other current liabilities | 2,231.3 | 2,003.3 |
| Deferred revenue - current | 626.2 | 546.7 |
| Premium financing debt | 159.8 | 241.9 |
| Corporate related borrowings - current | 675.0 | 310.0 |
| Total current liabilities | 27,095.7 | 21,338.6 |
| Corporate related borrowings - noncurrent | 6,022.1 | 5,562.8 |
| Deferred revenue - noncurrent | 62.0 | 62.6 |
| Lease liabilities - noncurrent | 311.4 | 300.4 |
| Other noncurrent liabilities | 1,744.9 | 1,903.8 |
| Total liabilities | 35,236.1 | 29,168.2 |
| Stockholders' equity: | ||
| Common stock - issued and outstanding 214.2 shares in 2023 and 211.9 shares in 2022 | 214.2 | 211.9 |
| Capital in excess of par value | 6,774.8 | 6,509.9 |
| Retained earnings | 3,930.2 | 3,562.2 |
| Accumulated other comprehensive loss | (1,101.4) | (1,140.4) |
| Stockholders' equity attributable to controlling interests | 9,817.8 | 9,143.6 |
| Stockholders' equity attributable to noncontrolling interests | 40.5 | 46.6 |
| Total stockholders' equity | 9,858.3 | 9,190.2 |
| Total liabilities and stockholders' equity | $ 45,094.4 | $ 38,358.4 |