NYSE$AJG
Arthur J.Gallagher & Co · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Arthur J. Gallagher & Co. reported strong Q4 2019 results, driven by organic growth and strategic acquisitions.
Arthur J. Gallagher & Co. announced outstanding fourth-quarter results, with a 17% increase in total revenue growth and 5.8% organic revenue growth, driven by the combined brokerage and risk management segments. Net earnings also grew by 31%, and the company completed 11 acquisitions with estimated annualized revenues of $117 million.
- Total revenue growth of 17% driven by brokerage and risk management segments.
- Organic revenue growth of 5.8%.
- Net earnings growth of 31%.
- Completed 11 acquisitions with estimated annualized revenues of $117 million.
Headline financials
Revenue & EPS history
Arthur J. Gallagher · Revenue · Quarterly
$1.72B
Revenue by segment
Arthur J. Gallagher · $1.41B total across 2 segments · Q4 2019
- Brokerage$1.19B+19.0%84.8%
- Risk Management$215M+6.1%15.2%
Forward guidance
The company's 2019 momentum is expected to continue in 2020, with firm and trending higher property & casualty rates, growing client businesses, and historically low unemployment levels.
Tailwinds
- Property & casualty rates around the world are firm.
- Property & casualty rates continue to trend higher in most lines and geographies.
- Clients’ businesses are growing.
- Unemployment is at historically low levels nearly everywhere.
- Unique culture encourages colleagues worldwide to seek excellence.
Headwinds
- Changes in worldwide and national economic conditions, including as a result of pandemics, Brexit, trade wars or tariffs.
- Changes in premium rates and in insurance markets generally.
- Changes in the insurance brokerage industry’s competitive landscape.
- Settling certain patent infringement litigation
- Defending a new patent matter
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2019
+0.6%
Avg return
Earnings day
+1.1%
Avg return
5 days after
+3.1%
Avg return
30 days after
53%
36 / 68 earnings
Positive
+8.2%
Q4 2017
Best reaction
-4.6%
Q1 2014
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.7% | -4.6% | -2.6% | |
| Q4 2025 | -3.3% | +1.5% | -7.2% | |
| Q3 2025 | -0.7% | -6.7% | -11.6% | |
| Q2 2025 | +0.0% | +2.0% | +6.5% | |
| Q1 2025 | +4.1% | +6.9% | +9.4% | |
| Q3 2024 | -2.1% | -1.3% | +5.3% | |
| Q2 2024 | +3.4% | +3.9% | +4.9% | |
| Q1 2024 | -1.1% | -0.9% | +6.4% | |
| Q4 2023 | -2.5% | -3.6% | +2.5% | |
| Q3 2023 | -1.2% | +1.9% | +9.4% | |
| Q2 2023 | -1.6% | -0.2% | +3.6% | |
| Q1 2023 | +1.3% | +2.3% | -0.8% | |
| Q4 2022 | -1.7% | -0.7% | -6.3% | |
| Q3 2022 | +7.2% | +6.5% | +13.3% | |
| Q2 2022 | +3.3% | -0.6% | +8.3% | |
| Q1 2022 | -3.9% | -5.6% | -5.6% | |
| Q4 2021 | +0.9% | +2.4% | +4.0% | |
| Q3 2021 | +3.4% | +0.5% | +0.6% | |
| Q2 2021 | +1.3% | +0.8% | +4.5% | |
| Q1 2021 | +3.5% | +3.9% | +4.7% | |
| Q4 2020 | +2.0% | +4.0% | +5.9% | |
| Q3 2020 | -0.6% | +3.5% | +11.1% | |
| Q2 2020 | +2.6% | +0.6% | +0.2% | |
| Q1 2020 | -2.7% | +4.3% | +18.3% | |
| Q4 2019 | +3.8% | +6.0% | -1.3% | |
| Q3 2019 | -0.8% | -0.2% | +1.8% | |
| Q2 2019 | -0.0% | -0.6% | -4.7% | |
| Q1 2019 | +1.3% | +1.9% | +2.7% | |
| Q4 2018 | +5.5% | +7.6% | +10.2% | |
| Q3 2018 | +3.8% | +4.1% | +7.5% | |
| Q2 2018 | -0.4% | +0.3% | +1.4% | |
| Q1 2018 | -1.9% | -1.5% | -5.3% | |
| Q4 2017 | +8.2% | +6.5% | +5.9% | |
| Q3 2017 | +0.0% | +1.3% | +4.6% | |
| Q2 2017 | +1.3% | +0.9% | -0.5% | |
| Q1 2017 | -1.0% | -2.3% | +1.4% | |
| Q4 2016 | +1.5% | +0.1% | +5.7% | |
| Q3 2016 | -0.4% | -1.8% | +6.9% | |
| Q2 2016 | -0.6% | -1.1% | -1.0% | |
| Q1 2016 | +2.0% | — | — | |
| Q4 2015 | +1.9% | — | — | |
| Q3 2015 | +0.8% | — | — | |
| Q2 2015 | +1.2% | — | — | |
| Q1 2015 | +1.6% | — | — | |
| Q4 2014 | +2.6% | — | — | |
| Q3 2014 | +3.1% | — | — | |
| Q2 2014 | +0.1% | — | — | |
| Q1 2014 | -4.6% | — | — | |
| Q4 2013 | +1.2% | — | — | |
| Q3 2013 | +0.2% | — | — | |
| Q2 2013 | +1.7% | — | — | |
| Q1 2013 | +0.3% | — | — | |
| Q4 2011 | -0.3% | — | — | |
| Q1 2010 | -0.3% | — | — | |
| Q4 2012 | +1.8% | — | — | |
| Q3 2012 | -0.6% | — | — | |
| Q2 2012 | -0.2% | — | — | |
| Q1 2012 | -0.6% | — | — | |
| Q4 2010 | -1.6% | — | — | |
| Q3 2011 | -3.2% | — | — | |
| Q2 2011 | -3.0% | — | — | |
| Q1 2011 | +1.0% | — | — | |
| Q4 2008 | +0.6% | — | — | |
| Q3 2010 | -0.5% | — | — | |
| Q3 2009 | -0.5% | — | — | |
| Q4 2009 | +1.2% | — | — | |
| Q2 2009 | +1.2% | — | — | |
| Q2 2010 | +1.2% | — | — |
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