Arthur J. Gallagher (LTS:0ITL) Other Income (Expense) : $-320 Mil (TTM As of Mar. 2024)

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What is Arthur J. Gallagher Other Income (Expense)?

Arthur J. Gallagher's other income expense for the Arthur J. Gallagher's pretax income for the three months ended in Mar. 2024 was $16 Mil. Its other income expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-320 Mil.

Arthur J. Gallagher Other Income (Expense) Historical Data

The historical data trend for Arthur J. Gallagher's Other Income (Expense) 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 Other Income (Expense) Chart

Arthur J. Gallagher Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Income (Expense)

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60.00

27.10

-135.80

-83.00

-377.30

Arthur J. Gallagher Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Income (Expense)	Get a 7-Day Free Trial															-41.80	-4.30	3.00	-334.50	16.10

Arthur J. Gallagher Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-320 Mil.

Arthur J. Gallagher (LTS:0ITL) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Arthur J. Gallagher (LTS:0ITL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Arthur J. Gallagher & Co (LTS:0ITL) » Definitions » Other Income (Expense)

Comparable Companies

Traded in Other Exchanges

AJG:USA AJG:Mexico GAH:Germany

Address

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

Website

https://investor.ajg.com

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.

Arthur J. Gallagher (LTS:0ITL) Headlines

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