Arthur J. Gallagher & Co.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $6.25B | $5.68B | $5.39B | $4.63B | $3.18B | $2.52B | $2.13B | $1.86B |
| Brokerage_Commissions | $2.64B | $2.41B | — | — | — | — | — | — |
| Brokerage_Fees | $855.1M | $794.7M | — | — | — | — | — | — |
| Brokerage_Supplemental | $158.0M | $139.9M | — | — | — | — | — | — |
| Brokerage_Contingent | $99.5M | $97.9M | — | — | — | — | — | — |
| Brokerage_Other | $61.5M | $59.2M | — | — | — | — | — | — |
| RiskManagement_Fees | $736.8M | $697.0M | — | — | — | — | — | — |
| RiskManagement_Other | $600.0K | $1.0M | — | — | — | — | — | — |
| RiskManagement_Reimbursements | $136.0M | $132.1M | — | — | — | — | — | — |
| Corporate_Other | $1.56B | $1.35B | — | — | — | — | — | — |
| Cost of Revenue | $1.64B | $1.41B | — | $1.06B | $437.3M | $111.6M | $32.0M | $64.0M |
| Gross Profit | $4.61B | $4.27B | — | $3.57B | $2.74B | $2.41B | $2.10B | $1.80B |
| Gross Margin | 73.8% | 75.2% | — | 77.1% | 86.2% | 95.6% | 98.5% | 96.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $483.9M | $443.4M | $396.5M | $380.5M | $341.1M | $288.3M | $248.6M | $237.6M |
| Operating Margin | 7.7% | 7.8% | 7.4% | 8.2% | 10.7% | 11.4% | 11.6% | 12.7% |
| Interest Expense | $124.1M | $109.8M | $103.0M | $89.0M | $50.1M | $43.0M | $40.8M | $34.6M |
| Pretax Income | $359.8M | $333.6M | $293.5M | $291.5M | $291.0M | $245.3M | $207.8M | $203.0M |
| Income Tax Expense | $-157.1M | $-96.7M | $-95.6M | $-36.0M | $6.4M | $50.3M | $63.7M | $39.7M |
| Net Income | $481.3M | $396.8M | $356.8M | $303.4M | $268.6M | $195.0M | $144.1M | $174.1M |
| Net Margin | 7.7% | 7.0% | 6.6% | 6.6% | 8.4% | 7.7% | 6.8% | 9.3% |
| EPS (Basic) | $2.67 | $2.23 | $2.07 | $1.98 | $2.08 | $1.61 | $1.29 | $1.66 |
| EPS (Diluted) | $2.64 | $2.22 | $2.06 | $1.97 | $2.06 | $1.59 | $1.28 | $1.66 |
| Shares Outstanding (Basic) | 180.1M | 177.6M | 172.2M | 152.9M | 128.9M | 121.0M | 111.7M | 104.8M |
| Shares Outstanding (Diluted) | 180.1M | 177.6M | 172.2M | 152.9M | 128.9M | 121.0M | 111.7M | 104.8M |
| Dividends Per Share | $1.56 | $1.52 | $1.48 | $1.44 | $1.40 | $1.36 | $1.32 | $1.28 |