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Arthur J. Gallagher AJG Risk Management — Change in estimated acquisition earnout payables

Other segment segments

Brokerage
$16M+6.7%
Corporate
$0

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DAVEChanges In Fair Value Of Earnout Liabilities
-$3.19M-702%

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 ajg:ChangeInEstimatedAcquisitionEarnoutPayables.

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 risk management — change in estimated acquisition earnout payables?
Arthur J. Gallagher (AJG) reported risk management — change in estimated acquisition earnout payables of $1M in Q1 2026.
What is the long-term trend for Arthur J. Gallagher's risk management — change in estimated acquisition earnout payables?
Over 4 years (2021 to 2025), Arthur J. Gallagher's risk management — change in estimated acquisition earnout payables has grown at a -16.6% compound annual growth rate (CAGR), from $3.3M to $1.6M.
What does risk management — change in estimated acquisition earnout payables mean?
This represents the periodic adjustment to the estimated liability for future contingent payments related to business acquisitions within the Risk Management segment. Changes reflect updates to management's expectations regarding the achievement of performance targets by acquired entities. It serves as a key indicator of acquisition integration success and valuation accuracy.