{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-015499","form_type":"8-K","ticker":"AJG","cik":"0000354190","company_name":"Arthur J. Gallagher & Co.","filed_at":"2024-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.579705+00:00","generated_at":"2026-06-06T18:39:47.571937+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Gallagher posts Q4 adjusted EPS of $1.85, up 24% YoY; revenue up 20%","bullets":["Q4 adjusted diluted EPS $1.85, up 24% YoY ($1.49); full year adjusted EPS $8.76 vs $7.54.","Brokerage segment Q4 revenue $2.05B, up 20% with 8.1% organic growth; Risk Management revenue $340M, up 17%.","Closed 14 new mergers in Q4 with ~$410M annualized revenue; full year 51 acquisitions totaling ~$885M.","Issued $1B senior notes in Nov (6.5% due 2034, 6.75% due 2054); total debt $7.74B at Dec 31, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-015499","json":"https://secwatch.observer/filing/0001193125-24-015499.json","markdown":"https://secwatch.observer/filing/0001193125-24-015499.md","text":"https://secwatch.observer/filing/0001193125-24-015499.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/354190/000119312524015499/0001193125-24-015499-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/354190/000119312524015499/d721955d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T18:39:47.571937+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1580798639953b03fa0402def4a6efdf3f68b923","claim":"Arthur J. Gallagher & Co. reported full year ended December 31, 2023 results: revenue $ 8,637.2, net income $ 1,169.4, EPS $ 5.30.","evidence_excerpt":"(Loss) EBITDAC (Loss) Per Share Segment Year 23 Year 22 Year 23 Year 22 Year 23 Year 22 Year 23 Year 22 (in millions) (in millions) (in millions) Brokerage, as reported $ 8,637.2 $ 7,303.8 $ 1,169.4 $ 1,201.8 $ 2,595.8 $ 2,239.2 $ 5.30 $ 5.58 Net gains on divestitures (9.6 ) (12.1 ) (7.2 ) (9.5 ) (9.6 ) (12.1 ) (0.03 ) (0.05 ) Acquisition integration — —","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/354190/000119312524015499/0001193125-24-015499-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year ended December 31, 2023"},{"label":"Revenue","value":"$ 8,637.2"},{"label":"Net income","value":"$ 1,169.4"},{"label":"EPS","value":"$ 5.30"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"99f0587c677b846f85df4e0c90b3c1b5828e6bfa","claim":"Arthur J. Gallagher & Co. reported quarter and full year ended December 31, 2023 results: revenue $ 2,393.1, net income $ (39.6), EPS $ (0.15).","evidence_excerpt":"adjustments (see page 7) — — 24.4 (26.1 ) 46.4 0.7 0.08 (0.12 ) Corporate, as adjusted * 1.2 0.3 (82.3 ) (70.3 ) (49.4 ) (58.6 ) (0.37 ) (0.32 ) Total Company, as reported $ 2,393.1 $ 1,995.2 $ (39.6 ) $ 135.5 $ 514.3 $ 452.1 $ (0.15 ) $ 0.63 Total Company, as adjusted * $ 2,389.0 $ 2,002.6 $ 408.4 $ 321.6 $ 669.0 $ 530.1 $ 1.85 $ 1.49 Total Brokerage & Risk","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/354190/000119312524015499/0001193125-24-015499-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter and full year ended December 31, 2023"},{"label":"Revenue","value":"$ 2,393.1"},{"label":"Net income","value":"$ (39.6)"},{"label":"EPS","value":"$ (0.15)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}