Arthur J. Gallagher's Total Assets for the quarter that ended in Dec. 2023 was $51,616 Mil.
Warning Sign:
If a company builds assets at 26.8% a year, faster than its revenue growth rate of 3.9% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Arthur J. Gallagher's average Total Assets Growth Rate was 34.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 32.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 26.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 20.80% per year.
During the past 13 years, Arthur J. Gallagher's highest 3-Year average Total Assets Growth Rate was 43.30%. The lowest was -1.30%. And the median was 17.30%.
Total Assets is connected with ROA %. Arthur J. Gallagher's annualizedROA % for the quarter that ended in Dec. 2023 was -0.25%. Total Assets is also linked to Revenue through Asset Turnover. Arthur J. Gallagher's Asset Turnover for the quarter that ended in Dec. 2023 was 0.05.
Arthur J. Gallagher Total Assets Historical Data
The historical data trend for Arthur J. Gallagher's Total Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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Arthur J. Gallagher Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Total Assets
19,634.80
22,331.40
33,345.00
38,358.40
51,615.80
Arthur J. Gallagher Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Total Assets
38,358.40
45,094.40
54,365.20
53,203.90
51,615.80
Arthur J. Gallagher Total Assets Calculation
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Arthur J. Gallagher's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Arthur J. Gallagher (NYSE:AJG) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Arthur J. Gallagher's Asset Turnover for the quarter that ended in Dec. 2023 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Arthur J. Gallagher Total Assets Related Terms
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Arthur J. Gallagher (Arthur J. Gallagher) Business Description
Arthur J. Gallagher & Co provides insurance brokerage and consulting services to middle-market entities around the world. The majority of the company's revenue comes from its brokerage segment, where it negotiates and places its customers with insurance companies that provide, among other types, property/casualty and health insurance. The company's primary source of revenue in the brokerage segment is commissioning from the insurance companies. The company also generates significant revenue in its corporate segment, which includes clean energy investment and other investment income. The company generates most of its revenue in the United States, with the remaining revenue coming primarily from Australia, Bermuda, Canada, the Caribbean, New Zealand, and the United Kingdom.
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