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Dec 31, 2023

Arthur J. Gallagher Q4 2023 Earnings Report

Arthur J. Gallagher reported strong Q4 2023 financial results, marked by revenue growth and strategic acquisitions.

Key Takeaways

Arthur J. Gallagher & Co. announced strong fourth-quarter results with a 20% revenue increase in core brokerage and risk management segments, driven by 8.1% organic revenue growth. The company completed 14 new mergers with estimated annualized revenues of $410 million. Global primary P/C renewal premium increases were around 8.5%.

Core brokerage and risk management segments delivered 20% revenue growth.

Organic revenue growth was 8.1%.

Completed 14 new mergers with $410 million in estimated annualized revenues.

Global primary P/C renewal premium increases were around 8.5%.

Total Revenue
$2.43B
Previous year: $2.03B
+19.9%
EPS
$1.85
Previous year: $1.54
+20.1%
Organic Revenue Growth
8.1%
Previous year: 11.7%
-30.8%
Gross Profit
$971M
Previous year: $810M
+19.8%
Cash and Equivalents
$972M
Previous year: $738M
+31.6%
Total Assets
$51.6B
Previous year: $38.4B
+34.6%

Arthur J. Gallagher

Arthur J. Gallagher

Arthur J. Gallagher Revenue by Segment

Forward Guidance

No specific forward guidance was provided in the release.

Revenue & Expenses

Visualization of income flow from segment revenue to net income