secwatch.observer — SEC 8-K summary
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Issuer:     Arthur J. Gallagher & Co. (AJG)
CIK:        0000354190
Form:       8-K
Filed at:   2024-10-24T23:59:59+00:00
Accession:  0001193125-24-242871
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arthur J. Gallagher Q3 2024 adjusted EPS $2.26, revenue up 13%, organic growth 6%
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- Total company adjusted net earnings $506.3M ($2.26 adj. EPS) vs $442.1M ($2.00) a year ago, up 14% and 13%.
- Brokerage segment adjusted EBITDAC margin expanded 140 bps to 33.6%; organic revenue +6%.
- Risk Management segment organic revenue +6%, adjusted EBITDAC margin improved 30 bps to 20.8%.
- Completed four mergers in Q3 with estimated annualized acquired revenues of $46.7M ($32.7M brokerage, $14M risk mgmt).
- Debt: $4.55B public, $3.523B private, no revolver borrowings; interest costs rose due to 2023/2024 debt issuances.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/354190/000119312524242871/0001193125-24-242871-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/354190/000119312524242871/d902917d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-242871

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