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Sep 30, 2023
Arthur J. Gallagher Q3 2023 Earnings Report
Arthur J. Gallagher's Q3 2023 financial results were announced, revealing revenue growth and margin improvements.
Key Takeaways
Arthur J. Gallagher & Co. reported strong Q3 2023 results, with a 22% revenue increase in core brokerage and risk management segments, driven by 10.5% organic revenue growth. The adjusted EBITDAC margin improved by 78 basis points, and 12 new mergers were completed, adding approximately $57 million in estimated annualized revenue.
Core brokerage and risk management segments combined posted 22% reported revenue growth.
Organic revenue growth reached 10.5%.
Adjusted EBITDAC margin improved by 78 basis points.
Completed 12 new mergers with approximately $57 million of estimated annualized revenue.
Revenue by Segment
Forward Guidance
The company expects continued growth opportunities due to insurance and reinsurance price increases, economic growth, geopolitical tensions, and a growing appreciation for risk.
Positive Outlook
- Continued insurance and reinsurance price increases.
- Economic growth.
- Increasing geopolitical tensions.
- Growing appreciation for risk.
- Team is in a great position to provide clients with superior insurance and risk management solutions.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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