Arthur J. Gallagher & Co. (AJG)
Total Valuation
AJG has a market cap or net worth of $48.55 billion. The enterprise value is $54.57 billion.
| Market Cap | 48.55B |
| Enterprise Value | 54.57B |
Important Dates
The next estimated earnings date is Thursday, January 25, 2024, after market close.
| Earnings Date | Jan 25, 2024 |
| Ex-Dividend Date | Nov 30, 2023 |
Share Statistics
AJG has 215.90 million shares outstanding. The number of shares has increased by 2.46% in one year.
| Shares Outstanding | 215.90M |
| Shares Change (YoY) | +2.46% |
| Shares Change (QoQ) | +0.59% |
| Owned by Insiders (%) | 0.93% |
| Owned by Institutions (%) | 87.51% |
| Float | 213.33M |
Valuation Ratios
The trailing PE ratio is 43.16 and the forward PE ratio is 22.28. AJG's PEG ratio is 2.09.
| PE Ratio | 43.16 |
| Forward PE | 22.28 |
| PS Ratio | 5.02 |
| Forward PS | 4.39 |
| PB Ratio | 4.64 |
| P/FCF Ratio | 36.00 |
| PEG Ratio | 2.09 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 23.44, with an EV/FCF ratio of 40.47.
| EV / Earnings | 47.99 |
| EV / Sales | 5.64 |
| EV / EBITDA | 23.44 |
| EV / EBIT | 32.72 |
| EV / FCF | 40.47 |
Financial Position
The company has a current ratio of 1.04, with a Debt / Equity ratio of 0.67.
| Current Ratio | 1.04 |
| Quick Ratio | 0.14 |
| Debt / Equity | 0.67 |
| Debt / EBITDA | 3.03 |
| Debt / FCF | 5.23 |
| Interest Coverage | 5.90 |
Financial Efficiency
Return on equity (ROE) is 11.40% and return on invested capital (ROIC) is 9.24%.
| Return on Equity (ROE) | 11.40% |
| Return on Assets (ROA) | 2.40% |
| Return on Capital (ROIC) | 9.24% |
| Revenue Per Employee | $219,734 |
| Profits Per Employee | $25,845 |
| Employee Count | 44,000 |
| Asset Turnover | 0.20 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, AJG has paid $248.20 million in taxes.
| Income Tax | 248.20M |
| Effective Tax Rate | 17.92% |
Stock Price Statistics
The stock price has increased by +18.25% in the last 52 weeks. The beta is 0.69, so AJG's price volatility has been lower than the market average.
| Beta (1Y) | 0.69 |
| 52-Week Price Change | +18.25% |
| 50-Day Moving Average | 238.11 |
| 200-Day Moving Average | 220.74 |
| Relative Strength Index (RSI) | 38.23 |
| Average Volume (30 Days) | 899,112 |
Short Selling Information
The latest short interest is 2.05 million, so 0.95% of the outstanding shares have been sold short.
| Short Interest | 2.05M |
| Short Previous Month | 2.27M |
| Short % of Shares Out | 0.95% |
| Short % of Float | 0.96% |
| Short Ratio (days to cover) | 2.01 |
Income Statement
In the last 12 months, AJG had revenue of $9.67 billion and earned $1.14 billion in profits. Earnings per share was $5.21.
| Revenue | 9.67B |
| Gross Profit | 8.06B |
| Operating Income | 1.97B |
| Pretax Income | 1.39B |
| Net Income | 1.14B |
| EBITDA | 2.33B |
| EBIT | 1.67B |
| Earnings Per Share (EPS) | $5.21 |
Balance Sheet
The company has $1.03 billion in cash and $7.05 billion in debt, giving a net cash position of -$6.02 billion or -$27.89 per share.
| Cash & Cash Equivalents | 1.03B |
| Total Debt | 7.05B |
| Net Cash | -6.02B |
| Net Cash Per Share | -$27.89 |
| Equity / Book Value | 10.46B |
| Book Value Per Share | 48.46 |
| Working Capital | 1.46B |
Cash Flow
In the last 12 months, operating cash flow was $1.54 billion and capital expenditures -$190.00 million, giving a free cash flow of $1.35 billion.
| Operating Cash Flow | 1.54B |
| Capital Expenditures | -190.00M |
| Free Cash Flow | 1.35B |
| FCF Per Share | $6.26 |
Margins
Gross margin is 83.38%, with operating and profit margins of 20.40% and 11.76%.
| Gross Margin | 83.38% |
| Operating Margin | 20.40% |
| Pretax Margin | 14.33% |
| Profit Margin | 11.76% |
| EBITDA Margin | 24.09% |
| EBIT Margin | 17.25% |
| FCF Margin | 13.95% |
Dividends & Yields
This stock pays an annual dividend of $2.20, which amounts to a dividend yield of 0.98%.
| Dividend Per Share | $2.20 |
| Dividend Yield | 0.98% |
| Earnings Yield | 2.34% |
| FCF Yield | 2.78% |
| Dividend Growth (YoY) | 7.84% |
| Payout Ratio | 42.23% |
| Buyback Yield | -2.46% |
| Shareholder Yield | -1.48% |
Analyst Forecast
The average price target for AJG is $255.09, which is 13.43% higher than the current price. The consensus rating is "Buy".
| Price Target | $255.09 |
| Price Target Difference | 13.43% |
| Analyst Consensus | Buy |
| Analyst Count | 12 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on January 19, 2001. It was a forward split with a ratio of 2:1.
| Last Split Date | Jan 19, 2001 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
AJG has an Altman Z-Score of 1.11 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.11 |
| Piotroski F-Score | 5 |