---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-016262"
form_type: "8-K"
ticker: "AJG"
cik: "0000354190"
company_name: "Arthur J. Gallagher & Co."
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T08:35:54.887187+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Gallagher reports Q4 adjusted EPS $1.54, revenue $1.99B; organic growth 11%

## Summary
- Q4 adjusted EPS $1.54, up from $1.30 in Q4 2021; GAAP EPS $0.63 vs $0.51.
- Total Q4 revenues $1.99B (as reported), up 2.8% YoY; organic growth 11.0% (10.0% controlling for ASC 606 adjustment).
- Full year adjusted EPS $7.74 vs $6.81; GAAP EPS $5.19 vs $4.37. Full year revenue $8.42B.
- Brokerage segment organic growth 11% in Q4; Risk Management organic growth 15.6% in Q4.
- Closed 17 acquisitions in Q4 with est. annualized revenue $141M; full year 36 deals.

## SEC filing metadata
- accession: 0001193125-23-016262
- form_type: 8-K
- ticker: AJG
- cik: 0000354190
- company_name: Arthur J. Gallagher & Co.
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354190/000119312523016262/0001193125-23-016262-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/354190/000119312523016262/d369508d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-016262
- JSON: https://secwatch.observer/filing/0001193125-23-016262.json
- Plain text: https://secwatch.observer/filing/0001193125-23-016262.txt

## Key facts
- Earnings Releases
  Arthur J. Gallagher & Co. reported the quarter and full year ended December 31, 2022 results: revenue $1,995.2, net income $135.5, EPS $0.63.
  - Period: the quarter and full year ended December 31, 2022
  - Revenue: $1,995.2
  - Net income: $135.5
  - EPS: $0.63
  - Result: reported results
  source text: Legal and tax related — — (31.2 ) 19.4 (5.0 ) 9.5 (0.14 ) 0.10 Corporate, as adjusted * 0.3 219.7 (70.3 ) (33.7 ) (58.6 ) (49.8 ) (0.32 ) (0.20 ) Total Company, as reported $ 1,995.2 $ 1,941.4 $ 135.5 $ 120.9 $ 452.1 $ 377.6 $ 0.63 $ 0.51 Total Company, as adjusted * $ 1,985.1 $ 1,874.7 $ 331.9 $ 290.3 $ 528.1 $ 419.5 $ 1.54 $ 1.30 Total Brokerage & Risk
  evidence_url: https://www.sec.gov/Archives/edgar/data/354190/000119312523016262/0001193125-23-016262-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.