Arthur J. Gallagher (AJG) Investor presentation summary

Company overview and mission

• Operates as a leading global insurance broker and risk management consultant, with presence in 130 countries and nearly 56,000 employees.

• Focuses on providing cost-effective, differentiated risk management solutions and fostering long-term client, market, and employee relationships.

• Mission emphasizes professional excellence, ethical standards, and shareholder value growth.

Financial performance and segment highlights

• Achieved $11.3B in total adjusted revenue for 2024, with $387M from acquired revenue.

• Brokerage segment contributed 87% of revenue, risk management 13%; brokerage revenue is 75% commission-based.

• Combined adjusted EBITDAC margin rose to 33.3% in 2024, up 90 bpts from 2023.

• Brokerage segment adjusted EBITDAC margin reached 35.2% in 2024, risk management at 20.7%.

• Five-year CAGR: 15% for adjusted revenues, 20% for adjusted EBITDAC.

Growth strategy and M&A activity

• Pursues consistent growth through organic initiatives and acquisitions, with 48 new merger partners and $387M in acquired revenue in 2024.

• Announced $13.45B acquisition of Assured Partners, funded by equity and debt offerings.

• Maintains a vast M&A pipeline, targeting fragmented domestic and international markets.

• Platforms in place for bolt-on acquisitions across multiple business lines.