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Mar 31, 2024
Arthur J. Gallagher Q1 2024 Earnings Report
Arthur J. Gallagher's Q1 2024 financial results were reported, showing revenue growth and increased net earnings.
Key Takeaways
Arthur J. Gallagher & Co. reported a strong start to 2024 with a 20% revenue growth in its core brokerage and risk management segments, including 9.4% organic revenue growth. Net earnings increased by 26%, and adjusted EBITDAC grew by 19%.
Core brokerage and risk management segments combined to post 20% revenue growth.
Organic revenue growth was 9.4%.
Net earnings grew by 26%.
Adjusted EBITDAC increased by 19%.
Revenue by Segment
Forward Guidance
The company is well-positioned to win new clients and retain existing customers, with the best team in the business, leading talent and expertise, stellar service, superior analytics, vast amounts of data and a wide global reach. The company is excited about the remainder of 2024 and beyond.
Positive Outlook
- Well positioned to win new clients.
- Well positioned to retain existing clients.
- Leading talent and expertise.
- Stellar service.
- Superior analytics.
Challenges Ahead
- High inflation and related monetary policy responses.
- Failures of financial institutions and other counterparties.
- Potential U.S. government shutdowns.
- Political violence and instability, such as the wars in Ukraine and the Middle East.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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