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Arthur J. Gallagher AJG Brokerage — Amortizable intangible assets - net

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Other financials

Income statement

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Revenue$4.8B+27.7%
Gross profit$2.0B+16.3%
Net income$822.0M+16.8%
EPS (diluted)$3.16+16.2%

Balance sheet

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Cash & equivalents$1.4B-91.5%
Total debt$14.0B+5.7%
Total equity$23.8B+6.5%
Total assets$78.3B+5.7%

Cash flow

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Operating cash flow$957.0M+9.7%
CapEx$36.0M+28.6%
Free cash flow$921.0M+9.1%

Valuation

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Market cap$55.98B-31.7%
Enterprise value$68.58B-12.7%
P/E34.7×-17.9×
P/S3.7×-3.1×

Profitability

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Gross margin99.7%+14.0pp
Net margin10.8%-2.2pp
FCF margin21%-0.1pp

Returns & leverage

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Return on equity7%-2.3pp
Debt / equity0.6×0.0×
Current ratio1.1×-0.4×

Where this comes from

Reported directly by Arthur J. Gallagher in its filing.

Tagged under the XBRL concept us-gaap:IntangibleAssetsNetExcludingGoodwill.

The official record: Arthur J. Gallagher’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Arthur J. Gallagher's brokerage — amortizable intangible assets - net?
Arthur J. Gallagher (AJG) reported brokerage — amortizable intangible assets - net of $10.15B in Q1 2026.
How has Arthur J. Gallagher's brokerage — amortizable intangible assets - net changed year-over-year?
Arthur J. Gallagher's brokerage — amortizable intangible assets - net increased by 134.2% year-over-year, from $4.34B to $10.15B.
What does brokerage — amortizable intangible assets - net mean?
This represents the net book value of intangible assets within the brokerage segment that are subject to amortization, such as customer relationships and acquired brand names. It reflects the remaining value of assets acquired through business combinations that will be expensed over time. This is a key indicator of the segment's investment in long-term growth through acquisitions.