Company Quick10K Filing
Arthur J Gallagher
10-K 2019-12-31 Filed 2020-02-07
10-Q 2019-09-30 Filed 2019-10-25
10-Q 2019-06-30 Filed 2019-07-26
10-Q 2019-03-31 Filed 2019-04-29
10-K 2018-12-31 Filed 2019-02-08
10-Q 2018-09-30 Filed 2018-10-26
10-Q 2018-06-30 Filed 2018-07-27
10-Q 2018-03-31 Filed 2018-05-07
10-K 2017-12-31 Filed 2018-02-12
10-Q 2017-09-30 Filed 2017-10-30
10-Q 2017-06-30 Filed 2017-07-28
10-Q 2017-03-31 Filed 2017-04-28
10-K 2016-12-31 Filed 2017-02-13
10-Q 2016-09-30 Filed 2016-10-28
10-Q 2016-06-30 Filed 2016-07-29
10-Q 2016-03-31 Filed 2016-05-02
10-K 2015-12-31 Filed 2016-02-10
10-Q 2015-09-30 Filed 2015-10-28
10-Q 2015-06-30 Filed 2015-07-31
10-Q 2015-03-31 Filed 2015-04-28
10-K 2014-12-31 Filed 2015-02-13
10-Q 2014-09-30 Filed 2014-10-29
10-Q 2014-06-30 Filed 2014-08-01
10-Q 2014-03-31 Filed 2014-04-24
10-K 2013-12-31 Filed 2014-02-07
10-Q 2013-09-30 Filed 2013-10-30
10-Q 2013-06-30 Filed 2013-07-31
10-Q 2013-03-31 Filed 2013-05-01
10-Q 2012-09-30 Filed 2012-10-31
10-Q 2012-06-30 Filed 2012-08-01
10-Q 2012-03-31 Filed 2012-05-02
10-K 2011-12-31 Filed 2012-02-14
10-Q 2011-09-30 Filed 2011-10-28
10-Q 2011-06-30 Filed 2011-08-03
10-Q 2011-03-31 Filed 2011-04-29
10-K 2010-12-31 Filed 2011-02-07
10-Q 2010-09-30 Filed 2010-10-29
10-Q 2010-06-30 Filed 2010-07-30
10-Q 2010-03-31 Filed 2010-04-26
10-K 2009-12-31 Filed 2010-02-05
8-K 2020-03-12 Officers, Regulation FD, Exhibits
8-K 2020-01-30 Earnings, Regulation FD, Exhibits
8-K 2020-01-29 Amend Bylaw, Exhibits
8-K 2019-12-18 Regulation FD, Other Events
8-K 2019-10-24 Earnings, Regulation FD, Exhibits
8-K 2019-09-12 Regulation FD
8-K 2019-07-25 Earnings, Regulation FD, Exhibits
8-K 2019-06-12 Regulation FD, Other Events
8-K 2019-06-07 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2019-05-14 Shareholder Vote
8-K 2019-04-25 Earnings, Regulation FD, Exhibits
8-K 2019-03-12 Regulation FD
8-K 2019-01-31 Earnings, Regulation FD, Other Events, Exhibits
8-K 2018-12-11 Regulation FD
8-K 2018-10-25 Earnings, Regulation FD, Exhibits
8-K 2018-09-13 Regulation FD
8-K 2018-07-26 Earnings, Regulation FD, Exhibits
8-K 2018-06-13 Regulation FD
8-K 2018-05-15 Amend Bylaw, Shareholder Vote, Regulation FD, Exhibits
8-K 2018-05-01 Earnings, Regulation FD, Other Events, Exhibits
8-K 2018-04-10 Regulation FD
8-K 2018-03-14 Regulation FD
8-K 2018-01-25 Earnings, Regulation FD, Exhibits

Arthur J Gallagher Financials

AJG Metrics, Comps, Filings

Quarterly | Annual

Business

Arthur J. Gallagher & Co. and its subsidiaries, collectively referred to herein as we, our, us or Gallagher, are engaged in providing insurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to businesses and organizations around the world. We believe that our major strength is our ability to deliver comprehensively structured insurance, insurance and risk management solutions, superior claim outcomes and comprehensive consulting services to our clients.

Our brokerage segment operations provide brokerage and consulting services to businesses and organizations of all types, including commercial, not-for-profit, and public entities, and, to a lesser extent, individuals, in the areas of insurance placement, risk of loss management, and management of employer sponsored benefit programs. Our risk management segment operations provide contract claim settlement, claim administration, loss control services and risk management consulting for commercial, not-for-profit, captive and public entities, and various other organizations that choose to self-insure property/casualty coverages or choose to use a third-party claims management organization rather than the claim services provided by an underwriting enterprise.

We do not assume underwriting risk on a net basis, other than with respect to de minimis amounts necessary to provide minimum or regulatory capital to organize captives, pools, specialized underwriters or risk-retention groups. Rather, capital necessary for covering events of loss is provided by "underwriting enterprises," which we define as insurance companies, reinsurance companies and various other risk-taking entities, including intermediaries of underwriting enterprises, that we do not own or control.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Quarterly)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Quarterly)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Marsh & McLennan (MMC) 51,238 0% 21.1 5% 31,097 16,100 0 1,530 2,935 61,968
Aon (AON) 47,028 0% 19.1 7% 28,167 24,606 18,898 0 1,867 2,751 52,546
Fanhua (FANH) 27,469 0% 3,867 1,120 0 0 0 0 26,621
Willis Towers Watson (WLTW) 25,051 0% 17.3 3% 35,703 25,672 8,721 0 905 1,741 30,042
Arthur J Gallagher (AJG) 16,720 62% 22.7 4% 19,174 14,262 7,131 4,402 728 791 17,928
Fidelity National Financial (FNF) 11,916 0% 10.0 7% 10,419 4,954 6,107 0 732 1,120 11,236
AXA Equitable Holdings (EQH) 11,066 0% 4.2 1% 244,646 227,830 13,057 0 1,404 1,573 6,595
Brown & Brown (BRO) 10,207 0% 18.9 5% 7,681 4,366 2,322 0 395 577 10,901
First American Financial (FAF) 6,590 0% 5.8 5% 11,804 7,558 5,891 0 578 843 4,879
Argo Group (ARGO) 2,424 0% 27.0 0% 10,446 8,552 1,485 0 51 106 2,857
Ehealth (EHTH) 1,763 60% -166.4 1% 581 150 339 204 4 -10 1,672
Corvel (CRVL) 1,562 22% 16.9 11% 427 226 594 128 48 87 1,464
Stewart Information Services (STC) 916 0% 4.1 6% 1,559 799 1,900 0 99 145 595
Goosehead Insurance (GSHD) 796 0% 44.7 30% 44 72 78 0 14 18 822
Investors Title (ITIC) 294 0% 9.3 8% 266 70 131 0 20 27 250
Health Insurance Innovations (HIIQ) 292 0% 14.0 2% 553 442 221 0 10 30 416
Argo Group International Holdings (ARGD)
BRP Group (BRP) -18.2 -1% 346 295 0 0 -2 1 -18
Erie Indemnity (ERIE) 0% -0.6 16% 1,975 855 2,457 0 320 384 -247

Balance Sheet ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash2302962503332632412913022823053022242402872987399742903142773223704804254115325465645885652,3052,1092,3452,2602,2372,5412,5472,607
Accounts Receivable
Inventory
PP&E79767679889033696101101364108123148446166194197549191198201602218214214789376388413881424428429942450458459
Assets3,5563,4613,5963,6914,5824,2474,4844,6035,1345,0095,3525,2255,5625,9706,8607,27610,0199,98810,0109,73110,71610,51010,91410,71311,38411,20011,49011,78112,57012,81012,89716,12816,23016,11516,33418,63119,20019,174
Accounts Payable
Long-Term Debt5505505506756756751767567572532725925825361,4252,1252,125462,1252,1252,125632,0722,3442,045272,1452,6452,742202,7923,1413,141203,6903,8163,816
Liabilities2,5902,4492,4892,5443,3793,0283,2403,2463,6613,3733,6943,5603,8604,0384,7755,1316,7706,7326,7816,5117,0056,8027,2267,0607,7287,4597,8348,0538,6608,6388,73211,54311,71711,50211,76413,67314,25214,262
Stockholders' Equity9651,0111,1071,1471,2031,2191,2441,3571,4731,6361,6591,6651,7021,9322,0862,1443,2503,2563,2293,1453,6383,6523,6383,5973,6003,6863,5973,6623,8454,1104,1054,5154,4444,5444,4994,8804,8794,843
Income Statement ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue4604634594475465635785476506506736747808368909151,1791,2871,2451,2311,3711,4551,3351,3001,4271,4821,3851,4131,5631,5841,5991,8381,6601,7781,6571,9911,6581,825
Cost of Revenue00121201846283758107147156171295326291309382292397
Gross Profit4634595345625595296046236366166726897347448859619549221,6081,3661,428
R&D
SG&A
Tax222416824241519153010411-1115-2-6-2513-19-35-4014-18-36-32122710712-2010-30-16-22
Net Income4446551542474028726234409475604910994523214814162581561309568180138105286124138117352121137
Cash Flow ($MM)2010-06-302010-09-302010-12-312011-03-312011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating12319-710585101-481111161645123205717613126113-322453261093624323417036254395-218191-96516350
Cash Investing-24-42-27-193-43-45-12-71-72-228-33-132-265-421-44-1,417-449-40-69-151-201-128-127-106-207-178-116-126-91-87-208-141-592-248
Cash Financing-32-2311818-64-770-60-2561-921291043614101,502-255-104142-36-11-3480-1422099-166-170-455071139