Arthur J. Gallagher (LTS:0ITL) Long-Term Capital Lease Obligation : $326 Mil (As of Mar. 2025)

View and export this data going back to 2018. Start your Free Trial

What is Arthur J. Gallagher Long-Term Capital Lease Obligation?

Arthur J. Gallagher's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $326 Mil.

Arthur J. Gallagher's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 ($326 Mil) to Dec. 2024 ($328 Mil) but then declined from Dec. 2024 ($328 Mil) to Mar. 2025 ($326 Mil).

Arthur J. Gallagher's annual Long-Term Capital Lease Obligation increased from Dec. 2022 ($300 Mil) to Dec. 2023 ($352 Mil) but then declined from Dec. 2023 ($352 Mil) to Dec. 2024 ($328 Mil).

Arthur J. Gallagher Long-Term Capital Lease Obligation Historical Data

The historical data trend for Arthur J. Gallagher's Long-Term Capital Lease Obligation 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.

* Premium members only.

Arthur J. Gallagher Long-Term Capital Lease Obligation Chart

Arthur J. Gallagher Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

320.90

309.30

300.40

352.20

328.10

Arthur J. Gallagher Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															338.00	335.20	326.20	328.10	326.30

Arthur J. Gallagher (LTS:0ITL) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Arthur J. Gallagher Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Arthur J. Gallagher's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Arthur J. Gallagher Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Arthur J. Gallagher & Co (LTS:0ITL) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

AJG:USA AJG:Mexico GAH:Germany GAH:Germany A1JG34:Brazil

Address

2850 Golf Road, Rolling Meadows, IL, USA, 60008-4050

Website

https://www.ajg.com

Founded in 1927 as a one-person agency, Gallagher's primary business is insurance brokerage, with a focus on serving middle-market companies. The company's risk management segment provides third-party claims adjustment to companies that choose to self-insure. Gallagher has about 56,000 employees and generates about a third of its revenue internationally, primarily in Australia, Canada, New Zealand, and the UK.

Arthur J. Gallagher Headlines

No Headlines