Financial Statements

Arthur J. Gallagher & Co. (AJG)

$165.64

+4.62 (+2.87%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 2,3721,9011,5591,096-
Net Income 907819669634463
Stock Dividends -4-1-5131916
Dividend Paid -392-347-321-302-283
Retained Earnings 2,8822,3721,9011,5591,096

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 825861437412-
Annual Depreciation 16363563149541
Capital Expenditure -129-99-139-124-129
Net PPE 859825861437412

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -4,1984,6265,6196,127
New Purchases -----
Intangible and Goodwill 4,1984,6265,6196,1278,666

Arthur J. Gallagher & Co. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Arthur J. Gallagher & Co. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.