Arthur J. Gallagher & Co. (AJG) financial statements (2020 and earlier)

Company profile

Business Address 2850 GOLF ROAD
ROLLING MEADOWS, IL 60008-4002
State of Incorp. DE
Fiscal Year End December 31
SIC 6411 - Insurance Agents, Brokers, and Service (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments579607681546480314298
Cash and cash equivalents579607681546480314298
Restricted cash and investments2,0281,6301,6241,3921,4121,368 
Prepaid expense     72 
Derivative instruments and hedges, assets 4813   
Deferred tax assets    102 
Other current assets1,0371,024708634709667261
Other undisclosed current assets5,6854,8542,1501,8321,7341,2882,316
Total current assets:9,3298,1195,1714,4164,3363,8112,876
Noncurrent Assets
Operating lease, right-of-use asset385
Property, plant and equipment459437412378203195160
Intangible assets, net (including goodwill)7,3886,3995,8435,3955,3625,2263,224
Goodwill5,3154,6264,1983,7683,6633,4502,145
Intangible assets, net (excluding goodwill)2,0741,7731,6451,6271,6991,7761,079
Derivative instruments and hedges 631   
Regulated entity, other noncurrent assets7765   
Other noncurrent assets661574567504492385321
Other undisclosed noncurrent assets946794896790521393280
Total noncurrent assets:9,8458,2157,7277,0746,5786,1993,985
TOTAL ASSETS:19,17416,33412,89711,49010,91410,0106,861
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Deferred revenue421
Debt573365290578245140631
Deferred rent credit 4
Derivative instruments and hedges, liabilities 18212   
Deferred revenue and credits58(9)(9)(8)
Other liabilities  5671596245
Other undisclosed current liabilities7,9177,3074,5603,9433,8973,4502,618
Total current liabilities:8,9117,6944,9124,6124,1923,6433,285
Noncurrent Liabilities
Long-term debt and lease obligation4,1513,0912,6922,1452,0752,125825
Long-term debt, excluding current maturities3,8163,0912,6922,1452,0752,125825
Operating lease, liability335
Liabilities, other than long-term debt1,2009421,1281,0789591,068683
Pension and other postretirement defined benefit plans, liabilities18
Deferred revenue73
Liability, pension and other postretirement and postemployment benefits 33   55
Other liabilities1,1279011,1281,0789591,013665
Derivative instruments and hedges, liabilities 8     
Other undisclosed noncurrent liabilities 37   (55)(18)
Total noncurrent liabilities:5,3514,0713,8203,2223,0343,1381,490
Total liabilities:14,26211,7648,7337,8347,2266,7814,775
Stockholders' equity
Stockholders' equity attributable to parent4,8434,4994,1053,5973,6383,2292,086
Common stock187184181178177165134
Additional paid in capital3,6983,5423,3883,2663,2092,6491,358
Accumulated other comprehensive loss(925)(786)(560)(764)(523)(261)(3)
Retained earnings1,8841,5591,096916775676596
Stockholders' equity attributable to noncontrolling interest6971605950  
Total stockholders' equity:4,9124,5704,1653,6563,6883,2292,086
TOTAL LIABILITIES AND EQUITY:19,17416,33412,89711,49010,91410,0106,861

Income statement (P&L) ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues7,1316,9346,1605,5955,3924,6273,180
Financial services revenue1,6401,4991,4391,266 
Cost of revenue(5,520)(5,551)(1,636)(1,409)(1,352)(1,059)(437)
Cost of goods and services sold(1,072)(1,816)(1,636)(1,409)(1,352)  
Gross profit:1,6111,3834,5244,1864,0413,5682,742
Operating expenses(1,025)(904)   (767)(552)
Operating income:5854794,5244,1864,0412,8002,190
Nonoperating income1111   658
Investment income, nonoperating88   648
Foreign currency transaction gain, before tax33   10
Interest and debt expense(168)(138)(124)(110)(103)(89)(50)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes127127(4,022)(3,720)(3,644)(2,509)(1,874)
Income from continuing operations before equity method investments, income taxes:556479378357294267275
Other undisclosed income from continuing operations before income taxes30      
Income from continuing operations before income taxes:585479378357294267275
Income tax expense (benefit)153197121889636(6)
Net income:738676499445389303269
Net loss attributable to noncontrolling interest(50)(42)(36)(31)(32)  
Net income available to common stockholders, diluted:688634463414357303269

Comprehensive Income ($ in millions)

9/30/2019
TTM
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:738676499445389303269
Other comprehensive income (loss)(9)(6)7(2)1(93) 
Other undisclosed comprehensive income (loss)(243)(218)197(239)(296)  
Comprehensive income:48745270320495210269
Comprehensive loss, net of tax, attributable to noncontrolling interest(49)(40)(37)(35)(26)  
Other undisclosed comprehensive income (loss), net of tax, attributable to parent     (165)30
Comprehensive income, net of tax, attributable to parent:4384126661696945299

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: