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GALLAGHER ARTHU   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2024202320222021202020192018201720162015
Period End Date12/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/201612/31/2015
Fees3,606.603,144.702,567.702,264.101,957.901,911.101,756.301,636.801,492.801,432.30
Investment income473.20367.30136.3083.1075.9086.9070.1056.3053.3054.20
Commissions6,693.805,865.005,187.404,132.303,591.903,320.602,920.702,627.102,439.102,338.70
Contingent commissions267.60235.30207.30188.00147.00135.6098.00111.80107.2093.70
Investment income - Brokerage and Risk Management--------------------
Investment income - Financial Services--------------------
Income from equity investments, partnerships and joint ventures--------------------
Interest income from fiduciary funds--------------------
Income (loss) from investment strategies and marketable securities--------------------
Gain on sale of portion of minority interest in investment--------------------
Installment gains from alternative energy partnership sales--------------------
Income from real estate ventures--------------------
Supplemental and contingent commissions359.40314.20284.70248.70221.90210.50189.90163.70147.00125.50
Gains realized on books of business sales----13.0018.90(5.80)75.3010.203.406.606.70
Revenues from clean-coal activities----23.001,140.80863.501,319.301,746.301,560.501,350.101,310.80
Other income----0.700.50(0.40)(2.90)0.90--(1.30)30.50
Reimbursements154.30145.40130.50133.00151.70138.60141.60------
Investment gains (losses)--------------------
Less brokerage--------------------
Total Revenues11,554.9010,071.908,550.608,209.407,003.607,195.006,934.006,159.605,594.805,392.40
Salaries and employee benefits--------------------
Compensation6,522.305,681.204,799.803,927.503,466.503,339.503,026.302,752.302,538.902,428.90
Expenses of real estate ventures--------------------
Cost of revenues from clean-coal activities----22.901,173.20882.101,352.801,816.001,635.901,408.601,351.50
Depreciation177.50165.20144.70151.20145.10140.40127.80121.10103.6093.90
Amortization664.80531.30454.90415.10417.30334.00291.20264.70247.20240.30
Change in estimated acquisition earnout payables26.00377.3083.00119.60(32.90)15.309.6030.9032.1040.60
Operating(1,753.90)(1,689.70)(1,330.90)(1,072.40)(906.50)(1,068.50)(903.70)(852.50)(797.70)(840.70)
Operating expenses of alternative energy partnerships--------------------
Loss on extinguishment of debt----0.00(16.20)------------
Reimbursements(154.30)(145.40)(130.50)(133.00)(151.70)(138.60)(141.60)------
Interest381.30296.70256.90226.10196.40179.80138.40124.10109.80103.00
Litigation related matters--------------------
Investment expenses--------------------
Retail contingent commission related matters--------------------
Earnings before income taxes1,874.801,185.101,327.00975.10870.90626.10479.40378.10356.90293.50
Pre-Tax Income - Domestic972.10605.00781.60593.00524.40388.40337.60278.60351.30345.60
Foreign, principally United Kingdom, Australia and Bermuda902.70580.10545.40382.10346.50237.70141.8099.505.60(52.10)
Provision (benefit) for income taxes404.40219.10211.0020.1012.80(89.70)(196.50)(121.10)(88.10)(95.60)
Foreign: Current194.30212.80109.10108.8094.6066.6060.7029.1022.4022.90
Foreign: Deferred8.00(112.80)(3.50)(20.70)(30.30)(22.70)(29.60)(14.30)(17.80)(38.60)
Federal: Current38.00(21.40)196.6044.6043.603.80--16.4045.9043.90
Federal: Deferred112.10112.90(122.00)(151.60)(112.40)(142.50)(214.00)(160.40)(146.70)(139.40)
State and local: Current53.30(15.40)114.3050.6036.6011.1015.406.708.4018.90
State and local: Deferred(1.30)43.00(83.50)(11.60)(19.30)(6.00)(29.00)1.40(0.30)(3.30)
Earnings (loss) from continuing operations--------------------
Discontinued operations: Earnings (loss) from discontinued operations before income taxes--------------------
Discontinued operations: Loss on disposal of operations--------------------
Discontinued operations: Provision (benefit) for income taxes--------------------
Net Earnings1,470.40966.001,116.00955.00858.10715.80675.90499.20445.00389.10
Net earnings attributable to noncontrolling interests7.70(3.50)1.8048.2039.3047.0042.4036.1030.6032.30
Net earnings allocable to Common Units1,462.70969.501,114.20906.80818.80668.80633.50463.10414.40356.80
Basic: Earnings from Continuing Operations--------------------
Basic: Earnings (loss) from discontinued operations--------------------
Basic net earnings (loss) per share6.634.515.304.474.293.603.472.572.332.07
Diluted: Earnings from Continuing Operations--------------------
Diluted: Earnings (loss) from discontinued operations--------------------
Diluted net earnings (loss) per share6.504.425.194.374.203.523.402.542.322.06
Weighted average number of common shares outstanding- Basic220.50214.90210.30202.70191.00186.00182.70180.10177.60172.20
Weighted average number of common and common equivalent shares outstanding225.00219.30214.70207.30195.00190.10186.20182.10178.40173.20