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Arthur J. Gallagher (LTS:0ITL) Tax Rate % : 20.71% (As of Mar. 2024)


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What is Arthur J. Gallagher Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Arthur J. Gallagher's Tax Expense for the three months ended in Mar. 2024 was $160 Mil. Arthur J. Gallagher's Pre-Tax Income for the three months ended in Mar. 2024 was $773 Mil. Therefore, Arthur J. Gallagher's Tax Rate % for the quarter that ended in Mar. 2024 was 20.71%.


Arthur J. Gallagher Tax Rate % Historical Data

The historical data trend for Arthur J. Gallagher's Tax Rate % 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 Tax Rate % Chart

Arthur J. Gallagher Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.33 1.47 2.06 15.90 18.49

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
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.68 20.71 22.22 51.82 20.71

Arthur J. Gallagher Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Arthur J. Gallagher's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=219.1/1185.1
=18.49 %

Arthur J. Gallagher's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2024 )/Pre-Tax Income (Q: Mar. 2024 )
=160/772.7
=20.71 %

* 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 Tax Rate % Related Terms

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

Traded in Other Exchanges
Address
2850 Golf Road, Rolling Meadows, IL, USA, 60008-4050
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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