What does deferred revenue mean?

Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

Arthur J. Gallagher AJG Deferred Revenue

Discontinued — last reported Q4 '19

Deferred Revenue at other companies

Crawford & CompanyCRD.A

$33.74M-5.6%

Goosehead Insurance, Inc.GSHD

$2.93M+6.9%

The Baldwin Insurance Group, Inc.BWIN

$41.45M-4.2%

Segments

By segment

See full

Brokerage$778M+48.5%

Risk Management$208M+21.1%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$957.0M+9.7%

CapEx$36.0M+28.6%

Free cash flow$921.0M+9.1%

Valuation

See full

Market cap$55.98B-31.7%

Enterprise value$68.58B-12.7%

P/E34.7×-17.9×

P/S3.7×-3.1×

Profitability

See full

Gross margin99.7%+14.0pp

Net margin10.8%-2.2pp

FCF margin21%-0.1pp

Returns & leverage

See full

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:DeferredRevenue.

The official record: Arthur J. Gallagher’s 10-K, filed February 7, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does deferred revenue mean?: Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.