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Arthur J Gallagher & Co
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PenkeI guess you are interested in Arthur J Gallagher & Co. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Arthur J Gallagher & Co. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Arthur J Gallagher & Co (30 sec.)










What can you expect buying and holding a share of Arthur J Gallagher & Co? (30 sec.)

How much money do you get?

How much money do you get?
$2.17
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
$49.89
Expected worth in 1 year
$57.38
How sure are you?
90.0%

+ What do you gain per year?

Total Gains per Share
$9.67
Return On Investment
3.9%

For what price can you sell your share?

Current Price per Share
$250.04
Expected price per share
$232.46 - $256.10
How sure are you?
50%

1. Valuation of Arthur J Gallagher & Co (5 min.)




Live pricePrice per Share (EOD)

$250.04

Intrinsic Value Per Share

$75.53 - $149.16

Total Value Per Share

$125.42 - $199.05

2. Growth of Arthur J Gallagher & Co (5 min.)




Is Arthur J Gallagher & Co growing?

Current yearPrevious yearGrowGrow %
How rich?$10.8b$8.9b$1.4b14.2%

How much money is Arthur J Gallagher & Co making?

Current yearPrevious yearGrowGrow %
Making money$242.3m$278.5m-$36.1m-14.9%
Net Profit Margin9.4%12.8%--

How much money comes from the company's main activities?

3. Financial Health of Arthur J Gallagher & Co (5 min.)




4. Comparing to competitors in the Insurance Brokers industry (5 min.)




  Industry Rankings (Insurance Brokers)  

What can you expect buying and holding a share of Arthur J Gallagher & Co? (5 min.)

Welcome investor! Arthur J Gallagher & Co's management wants to use your money to grow the business. In return you get a share of Arthur J Gallagher & Co.

What can you expect buying and holding a share of Arthur J Gallagher & Co?

First you should know what it really means to hold a share of Arthur J Gallagher & Co. And how you can make/lose money.

Speculation

The Price per Share of Arthur J Gallagher & Co is $250.04. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Arthur J Gallagher & Co.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Arthur J Gallagher & Co, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $49.89. Based on the TTM, the Book Value Change Per Share is $1.87 per quarter. Based on the YOY, the Book Value Change Per Share is $0.73 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.54 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Arthur J Gallagher & Co.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.15-0.1%1.110.4%1.280.5%1.030.4%0.770.3%
Usd Book Value Change Per Share2.160.9%1.870.7%0.730.3%1.440.6%1.010.4%
Usd Dividend Per Share0.550.2%0.540.2%0.500.2%0.450.2%0.380.2%
Usd Total Gains Per Share2.711.1%2.421.0%1.220.5%1.890.8%1.390.6%
Usd Price Per Share224.88-215.92-174.35-145.15-99.54-
Price to Earnings Ratio-378.52--65.30-41.09-17.70-26.36-
Price-to-Total Gains Ratio83.10-147.79--162.22-50.11-178.83-
Price to Book Ratio4.51-4.53-4.23-4.07-3.60-
Price-to-Total Gains Ratio83.10-147.79--162.22-50.11-178.83-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share250.04
Number of shares3
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.540.45
Usd Book Value Change Per Share1.871.44
Usd Total Gains Per Share2.421.89
Gains per Quarter (3 shares)7.255.68
Gains per Year (3 shares)29.0022.71
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
17221951713
2134548113536
3206777165259
42690106226982
5331121352786105
63913516433104128
74615719338121151
85218022243138174
95920225149156197
106522528054173220

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%11.01.00.091.7%19.01.00.095.0%39.01.00.097.5%134.02.00.098.5%
Book Value Change Per Share4.00.00.0100.0%10.02.00.083.3%15.05.00.075.0%26.014.00.065.0%106.030.00.077.9%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%136.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%10.02.00.083.3%17.03.00.085.0%36.04.00.090.0%124.012.00.091.2%

Fundamentals of Arthur J Gallagher & Co

About Arthur J Gallagher & Co

Arthur J. Gallagher & Co., together with its subsidiaries, provides insurance and reinsurance brokerage, consulting, and third-party property/casualty claims settlement and administration services to entities and individuals worldwide. It operates in Brokerage and Risk Management segments. The Brokerage segment offers retail and wholesale insurance and reinsurance brokerage services; assists retail brokers and other non-affiliated brokers in the placement of specialized and hard-to-place insurance; and acts as a brokerage wholesaler, managing general agent, and managing general underwriter for distributing specialized insurance coverages to underwriting enterprises. This segment performs activities, including marketing, underwriting, issuing policies, collecting premiums, appointing and supervising other agents, paying claims, and negotiating reinsurance; and offers services in the areas of insurance and reinsurance placement, risk of loss management, and management of employer sponsored benefit programs. The Risk Management segment provides contract claim settlement and administration services; and claims management, loss control consulting, and insurance property appraisal services. The company offers its services through a network of correspondent brokers and consultants. It serves commercial, industrial, public, religious, and nonprofit entities, as well as underwriting enterprises. Arthur J. Gallagher & Co. was founded in 1927 and is headquartered in Rolling Meadows, Illinois.

Fundamental data was last updated by Penke on 2024-03-22 14:15:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating efficient.
The company is efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Arthur J Gallagher & Co.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Arthur J Gallagher & Co earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Arthur J Gallagher & Co to the Insurance Brokers industry mean.
  • A Net Profit Margin of -1.3% means that $-0.01 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Arthur J Gallagher & Co:

  • The MRQ is -1.3%. The company is making a loss. -1
  • The TTM is 9.4%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ-1.3%TTM9.4%-10.7%
TTM9.4%YOY12.8%-3.4%
TTM9.4%5Y10.7%-1.3%
5Y10.7%10Y9.0%+1.7%
Compared to industry (Insurance Brokers)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.3%8.5%-9.8%
TTM9.4%9.7%-0.3%
YOY12.8%7.9%+4.9%
5Y10.7%8.7%+2.0%
10Y9.0%8.2%+0.8%
1.1.2. Return on Assets

Shows how efficient Arthur J Gallagher & Co is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Arthur J Gallagher & Co to the Insurance Brokers industry mean.
  • -0.1% Return on Assets means that Arthur J Gallagher & Co generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Arthur J Gallagher & Co:

  • The MRQ is -0.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is 0.5%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-0.1%TTM0.5%-0.6%
TTM0.5%YOY0.7%-0.2%
TTM0.5%5Y0.8%-0.3%
5Y0.8%10Y0.8%-0.1%
Compared to industry (Insurance Brokers)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.1%1.5%-1.6%
TTM0.5%1.1%-0.6%
YOY0.7%0.8%-0.1%
5Y0.8%0.9%-0.1%
10Y0.8%1.0%-0.2%
1.1.3. Return on Equity

Shows how efficient Arthur J Gallagher & Co is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Arthur J Gallagher & Co to the Insurance Brokers industry mean.
  • -0.3% Return on Equity means Arthur J Gallagher & Co generated $0.00 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Arthur J Gallagher & Co:

  • The MRQ is -0.3%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is 2.4%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ-0.3%TTM2.4%-2.7%
TTM2.4%YOY3.1%-0.7%
TTM2.4%5Y3.1%-0.7%
5Y3.1%10Y3.0%+0.1%
Compared to industry (Insurance Brokers)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.3%4.5%-4.8%
TTM2.4%4.4%-2.0%
YOY3.1%2.6%+0.5%
5Y3.1%3.2%-0.1%
10Y3.0%3.3%-0.3%

1.2. Operating Efficiency of Arthur J Gallagher & Co.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Arthur J Gallagher & Co is operating .

  • Measures how much profit Arthur J Gallagher & Co makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Arthur J Gallagher & Co to the Insurance Brokers industry mean.
  • An Operating Margin of 13.6% means the company generated $0.14  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Arthur J Gallagher & Co:

  • The MRQ is 13.6%. The company is operating less efficient.
  • The TTM is 19.2%. The company is operating efficient. +1
Trends
Current periodCompared to+/- 
MRQ13.6%TTM19.2%-5.6%
TTM19.2%YOY20.2%-1.0%
TTM19.2%5Y16.6%+2.6%
5Y16.6%10Y12.8%+3.8%
Compared to industry (Insurance Brokers)
PeriodCompanyIndustry (mean)+/- 
MRQ13.6%9.1%+4.5%
TTM19.2%7.8%+11.4%
YOY20.2%6.2%+14.0%
5Y16.6%8.9%+7.7%
10Y12.8%8.0%+4.8%
1.2.2. Operating Ratio

Measures how efficient Arthur J Gallagher & Co is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Insurance Brokers industry mean).
  • An Operation Ratio of 0.86 means that the operating costs are $0.86 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Arthur J Gallagher & Co:

  • The MRQ is 0.864. The company is less efficient in keeping operating costs low.
  • The TTM is 0.796. The company is efficient in keeping operating costs low. +1
Trends
Current periodCompared to+/- 
MRQ0.864TTM0.796+0.068
TTM0.796YOY0.808-0.012
TTM0.7965Y0.837-0.041
5Y0.83710Y0.876-0.039
Compared to industry (Insurance Brokers)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8640.909-0.045
TTM0.7961.002-0.206
YOY0.8080.998-0.190
5Y0.8370.953-0.116
10Y0.8760.948-0.072

1.3. Liquidity of Arthur J Gallagher & Co.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Arthur J Gallagher & Co is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Insurance Brokers industry mean).
  • A Current Ratio of 1.03 means the company has $1.03 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Arthur J Gallagher & Co:

  • The MRQ is 1.034. The company is just able to pay all its short-term debts.
  • The TTM is 1.043. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.034TTM1.043-0.010
TTM1.043YOY1.052-0.009
TTM1.0435Y1.089-0.046
5Y1.08910Y1.068+0.021
Compared to industry (Insurance Brokers)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0341.213-0.179
TTM1.0431.281-0.238
YOY1.0521.309-0.257
5Y1.0891.321-0.232
10Y1.0681.390-0.322
1.3.2. Quick Ratio

Measures if Arthur J Gallagher & Co is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Arthur J Gallagher & Co to the Insurance Brokers industry mean.
  • A Quick Ratio of 0.15 means the company can pay off $0.15 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Arthur J Gallagher & Co:

  • The MRQ is 0.153. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.154. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.153TTM0.1540.000
TTM0.154YOY0.800-0.646
TTM0.1545Y0.656-0.502
5Y0.65610Y0.781-0.125
Compared to industry (Insurance Brokers)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1531.050-0.897
TTM0.1541.140-0.986
YOY0.8001.115-0.315
5Y0.6561.135-0.479
10Y0.7811.276-0.495

1.4. Solvency of Arthur J Gallagher & Co.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Arthur J Gallagher & Co assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Arthur J Gallagher & Co to Insurance Brokers industry mean.
  • A Debt to Asset Ratio of 0.79 means that Arthur J Gallagher & Co assets are financed with 79.0% credit (debt) and the remaining percentage (100% - 79.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Arthur J Gallagher & Co:

  • The MRQ is 0.790. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.796. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.790TTM0.796-0.005
TTM0.796YOY0.777+0.018
TTM0.7965Y0.752+0.043
5Y0.75210Y0.717+0.035
Compared to industry (Insurance Brokers)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7900.586+0.204
TTM0.7960.621+0.175
YOY0.7770.620+0.157
5Y0.7520.594+0.158
10Y0.7170.583+0.134
1.4.2. Debt to Equity Ratio

Measures if Arthur J Gallagher & Co is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Arthur J Gallagher & Co to the Insurance Brokers industry mean.
  • A Debt to Equity ratio of 378.6% means that company has $3.79 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Arthur J Gallagher & Co:

  • The MRQ is 3.786. The company is unable to pay all its debts with equity. -1
  • The TTM is 3.920. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ3.786TTM3.920-0.134
TTM3.920YOY3.521+0.400
TTM3.9205Y3.134+0.787
5Y3.13410Y2.662+0.471
Compared to industry (Insurance Brokers)
PeriodCompanyIndustry (mean)+/- 
MRQ3.7861.293+2.493
TTM3.9201.726+2.194
YOY3.5211.529+1.992
5Y3.1341.681+1.453
10Y2.6622.078+0.584

2. Market Valuation of Arthur J Gallagher & Co

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Arthur J Gallagher & Co generates.

  • Above 15 is considered overpriced but always compare Arthur J Gallagher & Co to the Insurance Brokers industry mean.
  • A PE ratio of -378.52 means the investor is paying $-378.52 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Arthur J Gallagher & Co:

  • The EOD is -420.875. Based on the earnings, the company is expensive. -2
  • The MRQ is -378.525. Based on the earnings, the company is expensive. -2
  • The TTM is -65.305. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-420.875MRQ-378.525-42.350
MRQ-378.525TTM-65.305-313.220
TTM-65.305YOY41.090-106.395
TTM-65.3055Y17.699-83.004
5Y17.69910Y26.357-8.657
Compared to industry (Insurance Brokers)
PeriodCompanyIndustry (mean)+/- 
EOD-420.87510.720-431.595
MRQ-378.5259.728-388.253
TTM-65.30510.039-75.344
YOY41.09014.310+26.780
5Y17.69916.009+1.690
10Y26.35716.578+9.779
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Arthur J Gallagher & Co:

  • The EOD is 20.927. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 18.821. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is -49.418. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD20.927MRQ18.821+2.106
MRQ18.821TTM-49.418+68.239
TTM-49.418YOY32.106-81.524
TTM-49.4185Y5.885-55.303
5Y5.88510Y-124.675+130.560
Compared to industry (Insurance Brokers)
PeriodCompanyIndustry (mean)+/- 
EOD20.92711.716+9.211
MRQ18.82110.053+8.768
TTM-49.4181.450-50.868
YOY32.1063.299+28.807
5Y5.8856.201-0.316
10Y-124.6754.995-129.670
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Arthur J Gallagher & Co is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Insurance Brokers industry mean).
  • A PB ratio of 4.51 means the investor is paying $4.51 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Arthur J Gallagher & Co:

  • The EOD is 5.012. Based on the equity, the company is overpriced. -1
  • The MRQ is 4.508. Based on the equity, the company is fair priced.
  • The TTM is 4.525. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD5.012MRQ4.508+0.504
MRQ4.508TTM4.525-0.017
TTM4.525YOY4.231+0.294
TTM4.5255Y4.073+0.452
5Y4.07310Y3.603+0.470
Compared to industry (Insurance Brokers)
PeriodCompanyIndustry (mean)+/- 
EOD5.0122.090+2.922
MRQ4.5081.787+2.721
TTM4.5252.227+2.298
YOY4.2311.935+2.296
5Y4.0732.611+1.462
10Y3.6032.424+1.179
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Arthur J Gallagher & Co.

3.1. Institutions holding Arthur J Gallagher & Co

Institutions are holding 87.606% of the shares of Arthur J Gallagher & Co.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31Vanguard Group Inc11.78660.125525553450373200.1463
2023-12-31BlackRock Inc8.03290.0999174153103945502.3181
2023-12-31Capital Research & Mgmt Co - Division 34.76180.5204103236166724046.967
2023-12-31FMR Inc4.74340.1776102837506196336.4117
2023-12-31State Street Corporation4.10080.097388906271916002.2025
2023-12-31Morgan Stanley - Brokerage Accounts2.86890.12336219767102100.1644
2023-12-31NORGES BANK2.68350.22865817841-1776240-23.3898
2023-12-31Massachusetts Financial Services Company2.3320.36725055719-340631-6.3122
2023-12-31Geode Capital Management, LLC2.30360.117349941701124122.3027
2023-12-31JPMorgan Chase & Co2.22160.10414816463-184512-3.6895
2023-12-31Capital World Investors2.04510.1773443371088439424.9173
2023-12-31Baillie Gifford & Co Limited.1.25170.48362713709-113158-4.0029
2023-12-31Goldman Sachs Group Inc1.23080.053926684301565604141.9629
2023-12-31WCM Investment Management1.20391.61292610081132080.5086
2023-12-31Amvescap Plc.1.09080.12662364791-207391-8.0628
2023-12-31Northern Trust Corp0.94340.08332045389-46094-2.2039
2023-12-31Charles Schwab Investment Management Inc0.85280.1041848879-8681-0.4673
2023-12-31Legal & General Group PLC0.74340.093161164627539320.6093
2023-12-31Boston Partners Global Investors, Inc0.72530.4691572413-464844-22.8172
2023-12-31Bank of New York Mellon Corp0.71910.07111559094-162840-9.4568
Total 56.64145.2359122798855+1472337+1.2%

3.2. Funds holding Arthur J Gallagher & Co

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-02-29Vanguard Total Stock Mkt Idx Inv3.12890.10676783557-14962-0.2201
2024-02-29Vanguard Institutional 500 Index Trust2.48610.12295389877543861.0193
2024-02-29Vanguard Mid Cap Index Institutional2.22530.73494824469-12933-0.2674
2023-12-31American Funds Washington Mutual A1.27560.3697276548261057128.3339
2023-12-31Capital Group Wash Mutual Invtrs Comp1.27560.3697276548261057128.3339
2023-12-31American Funds American Balanced A1.23230.284326717292286089.3572
2024-01-31Fidelity 500 Index1.18230.12292563329262331.034
2024-02-29SPDR® S&P 500 ETF Trust1.16550.12272526825158720.6321
2023-12-31Capital Group Investment Co of Amer Comp1.13360.43722457685-80458-3.17
2023-12-31American Funds Invmt Co of Amer A1.13360.43722457685-80458-3.17
2024-02-29iShares Core S&P 500 ETF1.03610.1228224619568370.3053
2023-12-31Morgan Stanley Glbl Franchise0.84461.82981831054-51780-2.7501
2023-12-31MS INVF Global Brands A USD0.84461.81071831054-12897-0.6994
2024-02-29Vanguard Value Index Inv0.83180.2711180340761490.3421
2024-01-31Fidelity Magellan0.81.33591734493-14700-0.8404
2023-12-31MFS Mid Cap Growth Equity0.76492.721658378-89541-5.1227
2023-12-31JPM US Equity Income-Composite0.74260.78181610020-264842-14.1259
2024-02-29Vanguard Mid-Cap Value ETF0.73531.38731594233-45572-2.7791
2024-01-31JPMorgan Equity Income I0.67230.74641457621-152399-9.4657
2024-02-29Financial Select Sector SPDR® ETF0.66390.94711439242-2418-0.1677
Total 24.174915.061152411817+736267+1.4%

3.3. Insider Transactions

Insiders are holding 0.983% of the shares of Arthur J Gallagher & Co.

DateOwnerTypeAmountPricePost Transaction AmountLink
2024-03-18Joel D CavanessSELL1207255.2
2024-03-12Scott R HudsonSELL15000255.06
2024-02-08Thomas Joseph GallagherSELL12309237.65
2024-02-06David S JohnsonSELL500234.04
2023-12-19Douglas K HowellSELL15000226.59
2023-11-20Douglas K HowellSELL11800247.22
2023-11-03William F ZiebellSELL20067241.22
2023-10-31Joel D CavanessSELL1171236.05
2023-09-19Douglas K HowellSELL15000234.94
2023-09-15Walter D BaySELL21800232
2023-09-15David S JohnsonSELL1000230.15
2023-08-28Douglas K HowellSELL4588228.92
2023-08-25Christopher E MeadSELL3300226.14
2023-08-24Douglas K HowellSELL30000225.99
2023-06-16David S JohnsonSELL1000216.4
2023-06-08Joel D CavanessSELL2750204.23
2023-05-10Richard C CarySELL3204217.62
2023-05-08Sherry S BarratSELL2330215
2023-05-04Joel D CavanessSELL33300210.57
2023-05-03Kay W MccurdySELL1500211.78

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Arthur J Gallagher & Co compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--2.1571.874+15%0.727+197%1.440+50%1.007+114%
Book Value Per Share--49.88647.679+5%41.195+21%35.038+42%26.187+91%
Current Ratio--1.0341.043-1%1.052-2%1.089-5%1.068-3%
Debt To Asset Ratio--0.7900.796-1%0.777+2%0.752+5%0.717+10%
Debt To Equity Ratio--3.7863.920-3%3.521+8%3.134+21%2.662+42%
Dividend Per Share--0.5490.543+1%0.495+11%0.452+22%0.380+44%
Eps---0.1491.110-113%1.285-112%1.031-114%0.766-119%
Free Cash Flow Per Share--2.9872.105+42%2.240+33%1.840+62%1.225+144%
Free Cash Flow To Equity Per Share--7.5175.411+39%1.637+359%3.030+148%2.020+272%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--149.162--------
Intrinsic Value_10Y_min--75.533--------
Intrinsic Value_1Y_max--9.203--------
Intrinsic Value_1Y_min--5.387--------
Intrinsic Value_3Y_max--32.029--------
Intrinsic Value_3Y_min--18.172--------
Intrinsic Value_5Y_max--60.133--------
Intrinsic Value_5Y_min--33.034--------
Market Cap54208672000.000+10%48753984000.00047136413685.000+3%37799080000.000+29%31533836737.000+55%21612767768.500+126%
Net Profit Margin---0.0130.094-114%0.128-110%0.107-112%0.090-115%
Operating Margin--0.1360.192-29%0.202-33%0.166-18%0.128+6%
Operating Ratio--0.8640.796+9%0.808+7%0.837+3%0.876-1%
Pb Ratio5.012+10%4.5084.5250%4.231+7%4.073+11%3.603+25%
Pe Ratio-420.875-11%-378.525-65.305-83%41.090-1021%17.699-2239%26.357-1536%
Price Per Share250.040+10%224.880215.923+4%174.350+29%145.152+55%99.540+126%
Price To Free Cash Flow Ratio20.927+10%18.821-49.418+363%32.106-41%5.885+220%-124.675+762%
Price To Total Gains Ratio92.399+10%83.102147.791-44%-162.218+295%50.114+66%178.833-54%
Quick Ratio--0.1530.1540%0.800-81%0.656-77%0.781-80%
Return On Assets---0.0010.005-113%0.007-109%0.008-108%0.008-107%
Return On Equity---0.0030.024-112%0.031-110%0.031-110%0.030-110%
Total Gains Per Share--2.7062.416+12%1.222+121%1.893+43%1.387+95%
Usd Book Value--10815300000.00010405900000.000+4%8931050000.000+21%7610025000.000+42%5684160000.000+90%
Usd Book Value Change Per Share--2.1571.874+15%0.727+197%1.440+50%1.007+114%
Usd Book Value Per Share--49.88647.679+5%41.195+21%35.038+42%26.187+91%
Usd Dividend Per Share--0.5490.543+1%0.495+11%0.452+22%0.380+44%
Usd Eps---0.1491.110-113%1.285-112%1.031-114%0.766-119%
Usd Free Cash Flow--647600000.000459525000.000+41%485675000.000+33%399495000.000+62%265857500.000+144%
Usd Free Cash Flow Per Share--2.9872.105+42%2.240+33%1.840+62%1.225+144%
Usd Free Cash Flow To Equity Per Share--7.5175.411+39%1.637+359%3.030+148%2.020+272%
Usd Market Cap54208672000.000+10%48753984000.00047136413685.000+3%37799080000.000+29%31533836737.000+55%21612767768.500+126%
Usd Price Per Share250.040+10%224.880215.923+4%174.350+29%145.152+55%99.540+126%
Usd Profit---32200000.000242375000.000-113%278550000.000-112%223905000.000-114%166232500.000-119%
Usd Revenue--2437800000.0002519425000.000-3%2137650000.000+14%2051620000.000+19%1743492500.000+40%
Usd Total Gains Per Share--2.7062.416+12%1.222+121%1.893+43%1.387+95%
 EOD+5 -3MRQTTM+21 -14YOY+21 -145Y+20 -1510Y+21 -14

4.2. Fundamental Score

Let's check the fundamental score of Arthur J Gallagher & Co based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-420.875
Price to Book Ratio (EOD)Between0-15.012
Net Profit Margin (MRQ)Greater than0-0.013
Operating Margin (MRQ)Greater than00.136
Quick Ratio (MRQ)Greater than10.153
Current Ratio (MRQ)Greater than11.034
Debt to Asset Ratio (MRQ)Less than10.790
Debt to Equity Ratio (MRQ)Less than13.786
Return on Equity (MRQ)Greater than0.15-0.003
Return on Assets (MRQ)Greater than0.05-0.001
Total3/10 (30.0%)

4.3. Technical Score

Let's check the technical score of Arthur J Gallagher & Co based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5055.174
Ma 20Greater thanMa 50250.126
Ma 50Greater thanMa 100242.859
Ma 100Greater thanMa 200240.136
OpenGreater thanClose249.000
Total4/5 (80.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Income before Tax  122,000483,800605,800-308,400297,40066,700364,100-446,300-82,200
Net Income  135,500351,000486,500-252,000234,50046,200280,700-312,900-32,200
Net Income from Continuing Operations  135,500351,100486,600-250,800235,80047,400283,200-322,800-39,600



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets51,615,800
Total Liabilities40,800,500
Total Stockholder Equity10,775,300
 As reported
Total Liabilities 40,800,500
Total Stockholder Equity+ 10,775,300
Total Assets = 51,615,800

Assets

Total Assets51,615,800
Total Current Assets32,116,100
Long-term Assets19,499,700
Total Current Assets
Cash And Cash Equivalents 971,500
Short-term Investments 3,900
Net Receivables 3,786,600
Inventory 27,077,000
Other Current Assets 281,000
Total Current Assets  (as reported)32,116,100
Total Current Assets  (calculated)32,120,000
+/- 3,900
Long-term Assets
Property Plant Equipment 1,126,700
Goodwill 11,475,600
Intangible Assets 4,633,300
Long-term Assets Other 1,117,600
Long-term Assets  (as reported)19,499,700
Long-term Assets  (calculated)18,353,200
+/- 1,146,500

Liabilities & Shareholders' Equity

Total Current Liabilities31,064,700
Long-term Liabilities9,735,800
Total Stockholder Equity10,775,300
Total Current Liabilities
Short-term Debt 959,000
Short Long Term Debt 959,000
Accounts payable 2,553,100
Other Current Liabilities 26,907,900
Total Current Liabilities  (as reported)31,064,700
Total Current Liabilities  (calculated)31,379,000
+/- 314,300
Long-term Liabilities
Long term Debt 7,006,000
Capital Lease Obligations 352,200
Long-term Liabilities Other 2,316,100
Long-term Liabilities  (as reported)9,735,800
Long-term Liabilities  (calculated)9,674,300
+/- 61,500
Total Stockholder Equity
Common Stock216,700
Retained Earnings 4,052,900
Accumulated Other Comprehensive Income -792,100
Other Stockholders Equity 7,297,800
Total Stockholder Equity (as reported)10,775,300
Total Stockholder Equity (calculated)10,775,300
+/-0
Other
Capital Stock216,700
Cash and Short Term Investments 971,500
Common Stock Shares Outstanding 216,326
Current Deferred Revenue644,700
Liabilities and Stockholders Equity 51,615,800
Net Debt 7,345,700
Net Invested Capital 18,740,300
Net Working Capital 1,051,400
Property Plant and Equipment Gross 2,150,600
Short Long Term Debt Total 8,317,200



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-312001-12-312001-09-302001-06-302001-03-312000-12-312000-09-302000-06-302000-03-311999-12-311999-09-301999-06-301999-03-311998-12-311998-09-301998-06-301998-03-311997-12-311997-09-301997-06-301997-03-311996-12-311996-09-301996-06-301996-03-311995-12-311995-09-301995-06-301995-03-311994-12-311994-09-301994-06-301994-03-311993-12-311993-09-301993-06-301993-03-311992-12-311992-09-301992-06-301992-03-311991-12-311991-09-301991-06-301991-03-311990-12-311990-09-301990-06-301990-03-311989-12-311989-09-301989-06-301989-03-311988-12-311988-09-301988-06-301988-03-311987-12-311987-09-301987-06-301987-03-311986-12-311986-09-301986-06-301986-03-311985-12-311985-09-30
> Total Assets 
0
147,400
0
0
0
229,400
0
0
0
253,900
0
0
0
276,600
0
0
0
293,900
290,600
318,000
318,500
319,700
285,700
360,200
364,000
376,300
355,000
399,300
405,200
401,100
409,200
457,100
457,500
463,500
433,000
472,400
470,000
451,100
438,900
487,100
494,200
495,600
475,800
497,700
561,500
590,400
536,500
606,800
592,100
641,800
630,600
706,300
721,000
746,000
720,400
808,200
821,300
884,100
848,551
928,751
938,122
1,062,298
1,026,395
1,215,239
1,165,910
1,471,823
2,172,612
2,448,529
2,350,570
2,463,574
2,492,000
2,644,300
2,695,100
2,901,600
2,873,000
3,218,200
3,085,000
3,237,900
3,227,700
3,444,400
3,385,800
3,389,500
3,135,100
3,638,300
3,415,100
3,420,100
3,391,700
3,701,700
3,570,900
3,556,800
3,340,900
3,509,500
3,197,200
3,271,300
3,108,600
3,652,500
3,241,100
3,250,300
3,232,100
3,555,800
3,460,700
3,596,000
3,691,100
4,581,900
4,247,200
4,483,500
4,602,700
5,133,600
5,009,300
5,352,300
5,225,100
5,562,100
5,970,200
6,860,500
7,275,600
10,019,300
9,988,000
10,010,000
9,730,900
10,716,100
10,510,400
10,913,800
10,712,600
11,384,300
11,200,300
11,489,600
11,780,600
12,569,600
12,810,400
12,897,400
16,127,500
16,230,500
16,114,700
16,334,000
18,631,400
19,200,300
19,173,800
19,634,800
20,836,500
21,306,200
21,814,900
22,331,400
24,414,500
27,817,200
26,915,800
33,345,000
43,161,500
39,990,400
38,667,800
38,907,800
45,094,400
54,365,200
53,203,900
51,615,800
51,615,80053,203,90054,365,20045,094,40038,907,80038,667,80039,990,40043,161,50033,345,00026,915,80027,817,20024,414,50022,331,40021,814,90021,306,20020,836,50019,634,80019,173,80019,200,30018,631,40016,334,00016,114,70016,230,50016,127,50012,897,40012,810,40012,569,60011,780,60011,489,60011,200,30011,384,30010,712,60010,913,80010,510,40010,716,1009,730,90010,010,0009,988,00010,019,3007,275,6006,860,5005,970,2005,562,1005,225,1005,352,3005,009,3005,133,6004,602,7004,483,5004,247,2004,581,9003,691,1003,596,0003,460,7003,555,8003,232,1003,250,3003,241,1003,652,5003,108,6003,271,3003,197,2003,509,5003,340,9003,556,8003,570,9003,701,7003,391,7003,420,1003,415,1003,638,3003,135,1003,389,5003,385,8003,444,4003,227,7003,237,9003,085,0003,218,2002,873,0002,901,6002,695,1002,644,3002,492,0002,463,5742,350,5702,448,5292,172,6121,471,8231,165,9101,215,2391,026,3951,062,298938,122928,751848,551884,100821,300808,200720,400746,000721,000706,300630,600641,800592,100606,800536,500590,400561,500497,700475,800495,600494,200487,100438,900451,100470,000472,400433,000463,500457,500457,100409,200401,100405,200399,300355,000376,300364,000360,200285,700319,700318,500318,000290,600293,900000276,600000253,900000229,400000147,4000
   > Total Current Assets 
0
98,100
0
0
0
163,200
0
0
0
171,700
0
0
0
192,100
0
0
0
0
0
0
0
0
0
0
0
0
0
273,600
275,400
273,900
266,400
360,900
363,600
363,700
335,500
377,800
373,900
351,100
336,900
382,600
389,300
381,700
363,200
386,100
439,500
463,900
404,300
471,000
446,600
468,800
444,200
518,700
519,900
531,000
499,900
578,500
586,200
642,800
604,696
674,968
654,812
777,722
707,623
881,816
849,202
1,024,266
1,576,991
1,745,886
1,690,678
1,773,610
1,805,000
1,952,000
1,975,600
2,107,900
2,049,300
2,343,400
2,181,800
2,227,800
2,217,000
2,475,900
2,419,800
2,401,800
2,130,100
2,599,800
2,337,900
2,376,200
2,268,900
2,545,100
2,370,100
2,275,800
2,020,800
2,132,800
1,743,800
1,702,000
1,444,500
1,980,700
1,565,600
1,540,000
1,521,900
1,823,600
1,689,900
1,726,000
1,749,800
2,416,000
2,088,700
2,199,400
2,225,000
2,631,800
2,324,900
2,429,500
2,301,400
2,602,600
2,546,700
2,875,600
3,198,000
4,440,300
3,972,400
3,811,200
3,594,800
4,261,400
4,020,100
4,335,800
3,939,500
4,485,600
4,213,700
4,416,100
4,483,200
5,107,200
5,087,400
5,170,600
8,533,300
8,365,000
8,084,000
8,118,700
9,669,500
9,547,400
9,328,600
9,117,500
10,527,200
10,760,400
11,200,300
11,124,200
12,667,500
15,939,300
15,138,300
17,670,400
27,519,300
24,744,400
23,796,600
22,834,600
28,778,000
36,845,700
35,937,700
32,116,100
32,116,10035,937,70036,845,70028,778,00022,834,60023,796,60024,744,40027,519,30017,670,40015,138,30015,939,30012,667,50011,124,20011,200,30010,760,40010,527,2009,117,5009,328,6009,547,4009,669,5008,118,7008,084,0008,365,0008,533,3005,170,6005,087,4005,107,2004,483,2004,416,1004,213,7004,485,6003,939,5004,335,8004,020,1004,261,4003,594,8003,811,2003,972,4004,440,3003,198,0002,875,6002,546,7002,602,6002,301,4002,429,5002,324,9002,631,8002,225,0002,199,4002,088,7002,416,0001,749,8001,726,0001,689,9001,823,6001,521,9001,540,0001,565,6001,980,7001,444,5001,702,0001,743,8002,132,8002,020,8002,275,8002,370,1002,545,1002,268,9002,376,2002,337,9002,599,8002,130,1002,401,8002,419,8002,475,9002,217,0002,227,8002,181,8002,343,4002,049,3002,107,9001,975,6001,952,0001,805,0001,773,6101,690,6781,745,8861,576,9911,024,266849,202881,816707,623777,722654,812674,968604,696642,800586,200578,500499,900531,000519,900518,700444,200468,800446,600471,000404,300463,900439,500386,100363,200381,700389,300382,600336,900351,100373,900377,800335,500363,700363,600360,900266,400273,900275,400273,6000000000000000192,100000171,700000163,20000098,1000
       Cash And Cash Equivalents 
0
33,100
0
0
0
69,200
0
0
0
79,200
0
0
0
84,400
0
0
0
0
0
0
0
0
0
0
0
0
0
108,500
122,900
112,400
41,800
44,400
61,500
46,800
37,900
34,600
66,800
39,700
45,500
50,300
70,200
53,500
63,400
48,000
61,300
57,000
48,200
57,600
53,900
67,200
48,000
60,200
61,700
61,500
43,900
46,900
65,700
61,100
65,935
63,237
92,741
99,904
95,972
100,930
124,238
97,334
103,197
110,589
128,644
152,536
165,000
149,000
178,200
193,600
211,500
258,300
297,300
224,600
212,300
243,100
313,900
317,800
184,000
222,400
231,100
208,000
158,800
210,900
351,400
255,900
185,200
232,900
249,600
194,400
192,500
226,100
237,700
205,900
227,100
230,000
296,300
249,800
333,200
263,200
241,400
291,200
301,800
282,100
305,200
302,100
224,000
240,000
286,900
298,100
739,200
973,500
290,500
314,400
276,800
321,700
369,700
480,400
425,400
411,100
531,800
545,500
564,000
587,800
564,900
681,200
697,900
652,200
605,000
607,200
871,500
512,300
578,900
604,800
352,800
349,700
629,900
664,600
526,300
3,204,100
2,735,100
402,600
528,600
523,600
553,700
342,300
1,549,900
952,300
1,027,500
971,500
971,5001,027,500952,3001,549,900342,300553,700523,600528,600402,6002,735,1003,204,100526,300664,600629,900349,700352,800604,800578,900512,300871,500607,200605,000652,200697,900681,200564,900587,800564,000545,500531,800411,100425,400480,400369,700321,700276,800314,400290,500973,500739,200298,100286,900240,000224,000302,100305,200282,100301,800291,200241,400263,200333,200249,800296,300230,000227,100205,900237,700226,100192,500194,400249,600232,900185,200255,900351,400210,900158,800208,000231,100222,400184,000317,800313,900243,100212,300224,600297,300258,300211,500193,600178,200149,000165,000152,536128,644110,589103,19797,334124,238100,93095,97299,90492,74163,23765,93561,10065,70046,90043,90061,50061,70060,20048,00067,20053,90057,60048,20057,00061,30048,00063,40053,50070,20050,30045,50039,70066,80034,60037,90046,80061,50044,40041,800112,400122,900108,500000000000000084,40000079,20000069,20000033,1000
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
218,173
0
0
0
262,097
0
0
14,042
14,619
56,000
92,400
82,300
31,900
26,100
27,500
25,900
26,000
27,800
28,000
31,400
43,200
30,700
28,100
36,900
49,200
70,400
41,800
32,500
7,500
8,800
5,700
5,100
200
300
200
500
100
506,000
566,000
565,400
599,700
580,100
732,900
718,400
692,500
677,800
824,200
805,500
851,600
799,100
913,500
924,200
1,027,400
915,900
1,109,000
1,342,100
1,367,600
1,186,600
1,443,800
1,349,600
1,412,100
1,303,500
1,430,900
1,397,100
1,392,100
1,258,000
1,481,100
1,615,600
1,623,800
1,410,800
1,692,500
1,655,500
1,629,600
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
57,700
88,500
3,900
3,90088,50057,700000000000000000001,629,6001,655,5001,692,5001,410,8001,623,8001,615,6001,481,1001,258,0001,392,1001,397,1001,430,9001,303,5001,412,1001,349,6001,443,8001,186,6001,367,6001,342,1001,109,000915,9001,027,400924,200913,500799,100851,600805,500824,200677,800692,500718,400732,900580,100599,700565,400566,000506,0001005002003002005,1005,7008,8007,50032,50041,80070,40049,20036,90028,10030,70043,20031,40028,00027,80026,00025,90027,50026,10031,90082,30092,40056,00014,61914,04200262,097000218,1730000000000000000000000000000000000000000000000000000000000000
       Net Receivables 
0
62,100
0
0
0
87,000
0
0
0
85,800
0
0
0
90,600
0
0
0
0
0
0
0
0
0
0
0
0
0
147,200
132,700
139,100
133,900
168,200
148,200
152,500
136,900
194,500
152,700
179,800
161,700
193,300
174,200
193,700
168,100
205,900
198,700
237,600
189,000
217,600
201,300
217,600
191,600
258,300
260,700
288,300
256,900
325,600
295,700
364,900
324,140
386,009
306,287
405,164
354,441
499,039
402,756
555,276
1,088,795
1,255,450
1,098,386
1,183,737
1,214,000
1,318,100
1,202,200
1,286,400
1,225,900
1,439,400
1,246,400
1,355,500
1,311,300
1,514,200
1,328,600
1,396,800
1,282,600
1,618,200
1,303,100
1,422,300
1,306,500
1,493,000
1,247,800
1,303,700
1,063,000
1,104,700
784,000
826,500
574,900
1,034,300
664,800
693,700
665,500
916,000
704,900
750,100
718,800
1,292,900
982,000
1,027,100
1,080,100
1,367,600
1,031,700
1,096,100
1,050,600
1,245,200
1,075,100
1,288,800
1,253,400
1,997,600
1,669,000
1,462,500
1,543,600
1,764,500
1,600,800
1,734,000
1,706,800
2,038,400
1,683,700
1,844,800
2,066,800
2,374,200
2,227,300
2,157,200
5,675,400
5,142,200
4,872,000
4,857,500
6,253,200
6,007,600
6,199,500
5,419,200
7,094,300
6,873,500
6,702,500
6,436,000
8,309,300
8,908,200
7,756,500
11,753,100
21,608,100
18,452,000
16,956,000
16,408,900
3,526,500
3,716,300
3,769,300
3,786,600
3,786,6003,769,3003,716,3003,526,50016,408,90016,956,00018,452,00021,608,10011,753,1007,756,5008,908,2008,309,3006,436,0006,702,5006,873,5007,094,3005,419,2006,199,5006,007,6006,253,2004,857,5004,872,0005,142,2005,675,4002,157,2002,227,3002,374,2002,066,8001,844,8001,683,7002,038,4001,706,8001,734,0001,600,8001,764,5001,543,6001,462,5001,669,0001,997,6001,253,4001,288,8001,075,1001,245,2001,050,6001,096,1001,031,7001,367,6001,080,1001,027,100982,0001,292,900718,800750,100704,900916,000665,500693,700664,8001,034,300574,900826,500784,0001,104,7001,063,0001,303,7001,247,8001,493,0001,306,5001,422,3001,303,1001,618,2001,282,6001,396,8001,328,6001,514,2001,311,3001,355,5001,246,4001,439,4001,225,9001,286,4001,202,2001,318,1001,214,0001,183,7371,098,3861,255,4501,088,795555,276402,756499,039354,441405,164306,287386,009324,140364,900295,700325,600256,900288,300260,700258,300191,600217,600201,300217,600189,000237,600198,700205,900168,100193,700174,200193,300161,700179,800152,700194,500136,900152,500148,200168,200133,900139,100132,700147,200000000000000090,60000085,80000087,00000062,1000
       Other Current Assets 
0
2,900
0
0
0
7,000
0
0
0
6,700
0
0
0
17,100
0
0
0
0
0
0
0
0
0
0
0
0
0
17,900
19,800
22,400
90,700
148,300
153,900
164,400
160,700
148,700
154,400
131,600
129,700
139,000
144,900
134,500
131,700
132,200
179,500
169,300
167,100
195,800
191,400
184,000
204,600
200,200
197,500
181,200
199,100
206,000
224,800
216,800
214,621
225,722
255,784
272,654
99,822
103,349
132,292
162,147
138,170
152,898
156,341
166,395
119,000
107,500
112,400
158,400
131,200
139,700
123,900
132,800
159,500
160,500
162,000
125,700
119,200
122,000
128,900
107,800
117,200
106,600
117,800
107,300
114,600
114,900
116,700
129,900
132,400
116,200
110,800
117,700
123,300
111,600
123,300
126,400
117,700
127,000
146,900
188,600
165,300
157,900
182,500
179,700
227,700
203,900
260,500
261,300
289,500
360,200
670,800
666,700
587,800
731,400
700,000
709,300
503,800
605,200
601,100
633,700
594,400
664,100
679,600
708,400
749,200
878,100
951,500
1,024,400
875,500
993,200
2,550,200
1,074,400
799,700
884,200
1,023,000
1,113,900
997,300
3,827,000
1,369,500
1,451,000
1,272,500
1,502,700
1,563,800
1,461,500
298,200
418,000
436,200
281,000
281,000436,200418,000298,2001,461,5001,563,8001,502,7001,272,5001,451,0001,369,5003,827,000997,3001,113,9001,023,000884,200799,7001,074,4002,550,200993,200875,5001,024,400951,500878,100749,200708,400679,600664,100594,400633,700601,100605,200503,800709,300700,000731,400587,800666,700670,800360,200289,500261,300260,500203,900227,700179,700182,500157,900165,300188,600146,900127,000117,700126,400123,300111,600123,300117,700110,800116,200132,400129,900116,700114,900114,600107,300117,800106,600117,200107,800128,900122,000119,200125,700162,000160,500159,500132,800123,900139,700131,200158,400112,400107,500119,000166,395156,341152,898138,170162,147132,292103,34999,822272,654255,784225,722214,621216,800224,800206,000199,100181,200197,500200,200204,600184,000191,400195,800167,100169,300179,500132,200131,700134,500144,900139,000129,700131,600154,400148,700160,700164,400153,900148,30090,70022,40019,80017,900000000000000017,1000006,7000007,0000002,9000
   > Long-term Assets 
0
49,300
0
0
0
66,200
0
0
0
82,200
0
0
0
84,500
0
0
0
293,900
290,600
318,000
318,500
319,700
285,700
360,200
364,000
376,300
355,000
125,700
129,800
127,200
142,800
96,200
93,900
99,800
97,500
94,600
96,100
100,000
102,000
104,500
104,900
113,900
112,600
111,600
122,000
126,500
132,200
135,800
145,500
173,000
186,400
187,600
201,100
215,000
220,500
229,700
235,100
241,300
243,855
253,783
283,310
284,576
318,772
333,423
316,708
447,557
595,621
702,643
659,892
689,964
687,000
692,300
719,500
793,700
823,700
874,800
903,200
1,010,100
1,010,700
968,500
966,000
987,700
1,005,000
1,038,500
1,077,200
1,043,900
1,122,800
1,156,600
1,200,800
1,281,000
1,320,100
1,376,700
1,453,400
1,569,300
1,664,100
1,671,800
1,675,500
1,710,300
1,710,200
1,732,200
1,770,800
1,870,000
1,941,300
2,165,900
2,158,500
2,284,100
2,377,700
2,501,800
2,684,400
2,922,800
2,923,700
2,959,500
3,423,500
3,984,900
4,077,600
5,579,000
6,015,600
6,198,800
6,136,100
6,454,700
6,490,300
6,578,000
6,773,100
6,898,700
6,986,600
7,073,500
7,297,400
7,462,400
7,723,000
7,726,800
7,594,200
7,865,500
8,030,700
8,215,300
8,961,900
9,652,900
9,845,200
10,517,300
10,309,300
10,545,800
10,614,600
11,207,200
11,747,000
11,877,900
11,777,500
15,674,600
15,642,200
15,246,000
14,871,200
16,073,200
16,316,400
17,519,500
17,266,200
19,499,700
19,499,70017,266,20017,519,50016,316,40016,073,20014,871,20015,246,00015,642,20015,674,60011,777,50011,877,90011,747,00011,207,20010,614,60010,545,80010,309,30010,517,3009,845,2009,652,9008,961,9008,215,3008,030,7007,865,5007,594,2007,726,8007,723,0007,462,4007,297,4007,073,5006,986,6006,898,7006,773,1006,578,0006,490,3006,454,7006,136,1006,198,8006,015,6005,579,0004,077,6003,984,9003,423,5002,959,5002,923,7002,922,8002,684,4002,501,8002,377,7002,284,1002,158,5002,165,9001,941,3001,870,0001,770,8001,732,2001,710,2001,710,3001,675,5001,671,8001,664,1001,569,3001,453,4001,376,7001,320,1001,281,0001,200,8001,156,6001,122,8001,043,9001,077,2001,038,5001,005,000987,700966,000968,5001,010,7001,010,100903,200874,800823,700793,700719,500692,300687,000689,964659,892702,643595,621447,557316,708333,423318,772284,576283,310253,783243,855241,300235,100229,700220,500215,000201,100187,600186,400173,000145,500135,800132,200126,500122,000111,600112,600113,900104,900104,500102,000100,00096,10094,60097,50099,80093,90096,200142,800127,200129,800125,700355,000376,300364,000360,200285,700319,700318,500318,000290,600293,90000084,50000082,20000066,20000049,3000
       Property Plant Equipment 
0
5,000
0
0
0
6,000
0
0
0
6,800
0
0
0
8,400
0
0
0
0
0
0
0
0
0
0
0
0
0
14,900
15,500
16,600
16,100
17,600
18,100
18,200
18,200
18,900
19,300
20,000
21,100
21,800
23,100
22,600
23,300
23,700
25,700
26,000
25,700
26,000
25,900
27,800
26,900
26,900
27,400
31,500
33,000
34,500
36,700
36,200
37,314
38,800
40,712
40,036
40,957
43,524
46,017
51,246
189,008
241,225
244,833
250,995
254,000
184,900
265,700
266,200
263,100
272,800
259,100
259,000
252,200
188,100
55,400
185,100
187,100
189,400
68,000
103,100
79,200
78,100
80,000
87,900
86,700
87,500
87,500
88,800
85,500
86,100
82,600
80,700
79,500
79,000
75,800
75,800
79,400
87,700
90,500
91,300
95,700
100,900
101,000
105,400
108,500
123,000
148,100
160,400
165,900
193,700
196,600
195,400
190,600
198,200
200,700
202,700
218,200
213,900
213,900
377,600
375,500
387,600
413,400
412,200
424,200
427,600
429,300
436,900
819,000
826,400
843,300
860,900
829,100
823,600
805,100
824,600
819,400
813,200
784,800
859,400
887,300
932,800
909,200
922,900
936,400
1,017,500
1,016,000
1,126,700
1,126,7001,016,0001,017,500936,400922,900909,200932,800887,300859,400784,800813,200819,400824,600805,100823,600829,100860,900843,300826,400819,000436,900429,300427,600424,200412,200413,400387,600375,500377,600213,900213,900218,200202,700200,700198,200190,600195,400196,600193,700165,900160,400148,100123,000108,500105,400101,000100,90095,70091,30090,50087,70079,40075,80075,80079,00079,50080,70082,60086,10085,50088,80087,50087,50086,70087,90080,00078,10079,200103,10068,000189,400187,100185,10055,400188,100252,200259,000259,100272,800263,100266,200265,700184,900254,000250,995244,833241,225189,00851,24646,01743,52440,95740,03640,71238,80037,31436,20036,70034,50033,00031,50027,40026,90026,90027,80025,90026,00025,70026,00025,70023,70023,30022,60023,10021,80021,10020,00019,30018,90018,20018,20018,10017,60016,10016,60015,50014,90000000000000008,4000006,8000006,0000005,0000
       Goodwill 
0
3,600
0
0
0
3,400
0
0
0
7,000
0
0
0
6,800
0
0
0
6,600
6,600
6,500
6,500
6,400
6,400
8,100
7,900
7,800
7,700
7,600
8,200
8,000
7,900
7,900
7,800
7,700
7,500
8,200
8,100
7,900
7,800
7,800
7,800
7,600
7,400
6,900
7,200
11,100
10,900
10,600
10,400
10,400
10,200
9,900
10,100
12,500
12,500
11,900
11,100
10,900
14,031
12,658
14,612
15,931
17,186
22,609
22,867
65,341
72,845
107,042
109,053
135,062
154,000
100,600
112,800
222,900
151,000
157,400
166,200
374,200
209,700
224,100
237,100
418,200
259,600
273,300
287,000
316,600
358,800
376,100
406,400
440,600
450,100
468,500
527,800
596,400
675,500
700,900
715,600
742,300
752,300
780,400
824,400
883,700
925,500
1,072,900
1,092,900
1,155,300
1,195,600
1,285,900
1,373,900
1,472,700
1,468,300
1,506,100
1,771,500
2,145,200
2,142,000
3,027,600
3,296,200
3,449,600
3,418,000
3,569,400
3,579,600
3,662,900
3,693,400
3,716,100
3,762,600
3,767,800
3,896,900
3,989,000
4,160,400
4,197,900
4,236,300
4,403,900
4,501,300
4,625,600
4,800,900
5,241,900
5,314,800
5,618,500
5,555,200
5,756,400
5,832,200
6,127,000
6,510,900
6,630,300
6,627,500
8,666,200
8,727,700
9,036,400
8,837,200
9,489,400
9,703,200
10,513,700
10,469,400
11,475,600
11,475,60010,469,40010,513,7009,703,2009,489,4008,837,2009,036,4008,727,7008,666,2006,627,5006,630,3006,510,9006,127,0005,832,2005,756,4005,555,2005,618,5005,314,8005,241,9004,800,9004,625,6004,501,3004,403,9004,236,3004,197,9004,160,4003,989,0003,896,9003,767,8003,762,6003,716,1003,693,4003,662,9003,579,6003,569,4003,418,0003,449,6003,296,2003,027,6002,142,0002,145,2001,771,5001,506,1001,468,3001,472,7001,373,9001,285,9001,195,6001,155,3001,092,9001,072,900925,500883,700824,400780,400752,300742,300715,600700,900675,500596,400527,800468,500450,100440,600406,400376,100358,800316,600287,000273,300259,600418,200237,100224,100209,700374,200166,200157,400151,000222,900112,800100,600154,000135,062109,053107,04272,84565,34122,86722,60917,18615,93114,61212,65814,03110,90011,10011,90012,50012,50010,1009,90010,20010,40010,40010,60010,90011,1007,2006,9007,4007,6007,8007,8007,8007,9008,1008,2007,5007,7007,8007,9007,9008,0008,2007,6007,7007,8007,9008,1006,4006,4006,5006,5006,6006,6000006,8000007,0000003,4000003,6000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
74,500
69,900
65,100
0
54,900
49,200
41,300
45,400
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000045,40041,30049,20054,900065,10069,90074,5000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
3,600
0
0
0
3,400
0
0
0
7,000
0
0
0
6,800
0
0
0
6,600
6,600
6,500
6,500
6,400
6,400
8,100
7,900
7,800
7,700
7,600
8,200
8,000
7,900
7,900
7,800
7,700
7,500
8,200
8,100
7,900
7,800
7,800
7,800
7,600
7,400
6,900
7,200
11,100
10,900
10,600
10,400
10,400
10,200
9,900
10,100
12,500
12,500
11,900
11,100
10,900
14,031
12,658
14,612
15,931
17,186
22,609
22,867
65,341
72,845
107,042
109,053
135,062
154,000
155,500
168,000
222,900
253,400
269,300
293,900
374,200
372,900
400,300
407,300
418,200
171,300
184,100
194,100
213,100
267,600
271,500
268,300
315,600
346,200
384,700
417,600
461,200
474,500
460,300
445,200
438,400
431,100
431,000
435,600
483,500
489,900
562,400
556,000
561,500
598,400
644,900
722,700
809,600
768,800
784,700
918,000
1,078,800
1,093,800
1,631,500
1,771,100
1,776,000
1,723,600
1,761,500
1,741,800
1,698,800
1,672,900
1,659,800
1,629,900
1,627,300
1,682,100
1,662,600
1,671,200
1,644,600
1,639,600
1,731,000
1,772,100
1,773,000
1,841,400
2,008,800
2,073,500
2,318,700
2,246,800
2,226,000
2,195,000
2,399,900
2,478,800
2,447,300
2,339,000
3,954,000
3,877,600
3,190,900
3,052,400
3,372,100
3,404,100
3,720,400
3,584,600
4,633,300
4,633,3003,584,6003,720,4003,404,1003,372,1003,052,4003,190,9003,877,6003,954,0002,339,0002,447,3002,478,8002,399,9002,195,0002,226,0002,246,8002,318,7002,073,5002,008,8001,841,4001,773,0001,772,1001,731,0001,639,6001,644,6001,671,2001,662,6001,682,1001,627,3001,629,9001,659,8001,672,9001,698,8001,741,8001,761,5001,723,6001,776,0001,771,1001,631,5001,093,8001,078,800918,000784,700768,800809,600722,700644,900598,400561,500556,000562,400489,900483,500435,600431,000431,100438,400445,200460,300474,500461,200417,600384,700346,200315,600268,300271,500267,600213,100194,100184,100171,300418,200407,300400,300372,900374,200293,900269,300253,400222,900168,000155,500154,000135,062109,053107,04272,84565,34122,86722,60917,18615,93114,61212,65814,03110,90011,10011,90012,50012,50010,1009,90010,20010,40010,40010,60010,90011,1007,2006,9007,4007,6007,8007,8007,8007,9008,1008,2007,5007,7007,8007,9007,9008,0008,2007,6007,7007,8007,9008,1006,4006,4006,5006,5006,6006,6000006,8000007,0000003,4000003,6000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
206,541
214,983
242,598
244,540
277,815
289,899
270,691
396,311
406,613
461,418
415,059
438,969
434,100
443,700
453,800
527,500
560,600
602,000
644,100
751,100
758,500
780,400
782,400
802,600
817,900
849,100
888,100
940,800
1,043,600
1,078,500
1,120,800
1,193,100
1,233,400
1,289,200
1,365,900
1,480,500
1,578,600
1,585,700
1,592,900
1,629,600
1,630,700
1,653,200
1,695,000
1,794,200
1,861,900
2,078,200
2,068,000
2,192,800
2,282,000
2,400,900
2,583,400
2,817,400
2,815,200
2,836,500
3,275,400
3,824,500
3,911,700
5,385,300
5,819,000
6,003,400
5,945,500
6,256,500
6,289,600
6,375,300
6,554,900
6,684,800
6,772,700
6,695,900
6,921,900
7,074,800
7,309,600
7,314,600
7,170,000
1,233,100
1,262,900
1,379,800
1,500,600
1,526,600
1,572,300
1,673,800
1,644,800
1,709,400
1,756,400
2,231
1,882,900
1,970,000
2,026,200
2,195,000
2,149,600
2,085,900
2,072,400
2,288,800
2,272,700
2,267,900
2,196,200
0
02,196,2002,267,9002,272,7002,288,8002,072,4002,085,9002,149,6002,195,0002,026,2001,970,0001,882,9002,2311,756,4001,709,4001,644,8001,673,8001,572,3001,526,6001,500,6001,379,8001,262,9001,233,1007,170,0007,314,6007,309,6007,074,8006,921,9006,695,9006,772,7006,684,8006,554,9006,375,3006,289,6006,256,5005,945,5006,003,4005,819,0005,385,3003,911,7003,824,5003,275,4002,836,5002,815,2002,817,4002,583,4002,400,9002,282,0002,192,8002,068,0002,078,2001,861,9001,794,2001,695,0001,653,2001,630,7001,629,6001,592,9001,585,7001,578,6001,480,5001,365,9001,289,2001,233,4001,193,1001,120,8001,078,5001,043,600940,800888,100849,100817,900802,600782,400780,400758,500751,100644,100602,000560,600527,500453,800443,700434,100438,969415,059461,418406,613396,311270,691289,899277,815244,540242,598214,983206,5410000000000000000000000000000000000000000000000000000000000
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
255,400
244,900
245,200
242,500
234,100
214,200
240,200
236,500
237,700
240,900
251,800
258,500
275,100
283,600
279,800
292,900
328,900
352,700
392,600
395,400
438,000
487,800
521,400
660,600
702,300
749,800
796,500
806,700
861,900
918,400
905,100
708,400
716,300
743,400
806,200
869,900
905,700
952,800
945,600
1,003,800
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000001,003,800945,600952,800905,700869,900806,200743,400716,300708,400905,100918,400861,900806,700796,500749,800702,300660,600521,400487,800438,000395,400392,600352,700328,900292,900279,800283,600275,100258,500251,800240,900237,700236,500240,200214,200234,100242,500245,200244,900255,400000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
0
111,800
0
0
0
175,100
0
0
0
190,700
0
0
0
209,100
0
0
0
219,700
217,600
244,200
239,500
237,800
201,800
275,600
276,400
290,500
270,200
315,200
322,400
309,900
307,100
346,800
343,600
342,100
330,700
374,600
368,100
354,400
336,700
383,200
378,100
377,500
352,800
387,100
435,000
455,900
403,200
469,000
436,900
477,900
452,800
521,000
529,400
543,500
516,500
592,500
588,000
641,600
596,927
658,924
637,160
747,926
703,308
881,448
822,746
1,100,210
1,768,038
1,965,761
1,862,758
1,935,419
1,947,000
2,071,800
2,104,500
2,282,500
2,225,000
2,521,400
2,342,100
2,476,900
2,545,000
2,701,500
2,601,300
2,620,400
2,356,200
2,837,100
2,569,300
2,556,000
2,523,800
2,918,900
2,801,600
2,841,300
2,642,300
2,783,300
2,422,200
2,532,800
2,310,400
2,812,700
2,372,000
2,357,400
2,315,400
2,590,400
2,449,300
2,489,300
2,544,000
3,379,100
3,027,900
3,239,900
3,246,100
3,660,700
3,373,100
3,693,700
3,560,400
3,860,100
4,038,000
4,775,000
5,131,400
6,769,700
6,732,000
6,780,600
6,511,300
7,004,600
6,802,500
7,225,600
7,060,300
7,728,500
7,459,100
7,833,800
8,053,300
8,659,600
8,638,200
8,732,500
11,543,000
11,717,400
11,502,000
11,764,300
13,673,200
14,252,500
14,261,800
14,419,300
15,766,400
15,771,700
15,996,700
16,098,700
17,635,000
19,463,200
18,445,700
24,784,900
34,118,400
31,128,600
30,038,700
29,717,600
35,236,100
43,925,200
42,693,900
40,800,500
40,800,50042,693,90043,925,20035,236,10029,717,60030,038,70031,128,60034,118,40024,784,90018,445,70019,463,20017,635,00016,098,70015,996,70015,771,70015,766,40014,419,30014,261,80014,252,50013,673,20011,764,30011,502,00011,717,40011,543,0008,732,5008,638,2008,659,6008,053,3007,833,8007,459,1007,728,5007,060,3007,225,6006,802,5007,004,6006,511,3006,780,6006,732,0006,769,7005,131,4004,775,0004,038,0003,860,1003,560,4003,693,7003,373,1003,660,7003,246,1003,239,9003,027,9003,379,1002,544,0002,489,3002,449,3002,590,4002,315,4002,357,4002,372,0002,812,7002,310,4002,532,8002,422,2002,783,3002,642,3002,841,3002,801,6002,918,9002,523,8002,556,0002,569,3002,837,1002,356,2002,620,4002,601,3002,701,5002,545,0002,476,9002,342,1002,521,4002,225,0002,282,5002,104,5002,071,8001,947,0001,935,4191,862,7581,965,7611,768,0381,100,210822,746881,448703,308747,926637,160658,924596,927641,600588,000592,500516,500543,500529,400521,000452,800477,900436,900469,000403,200455,900435,000387,100352,800377,500378,100383,200336,700354,400368,100374,600330,700342,100343,600346,800307,100309,900322,400315,200270,200290,500276,400275,600201,800237,800239,500244,200217,600219,700000209,100000190,700000175,100000111,8000
   > Total Current Liabilities 
0
90,400
0
0
0
153,400
0
0
0
167,100
0
0
0
180,000
0
0
0
0
0
0
0
0
0
0
0
0
0
300,000
307,700
274,700
269,700
309,100
306,100
305,600
295,500
340,900
335,000
341,700
324,400
371,000
365,500
363,900
341,600
376,500
424,700
444,700
391,700
457,300
424,500
466,000
438,200
508,400
516,800
530,700
504,100
578,000
573,700
625,700
580,296
642,744
618,751
728,751
678,391
854,155
795,798
1,066,555
1,628,083
1,787,235
1,689,240
1,749,604
1,759,000
1,881,900
1,907,800
2,061,300
2,004,500
2,276,500
2,094,900
2,212,100
2,281,700
2,491,800
2,390,600
2,386,300
2,119,400
2,603,200
2,329,900
2,401,300
2,312,500
2,699,400
2,180,400
2,232,200
2,022,400
2,162,400
1,818,000
1,858,600
1,580,100
2,070,600
1,630,500
1,474,400
1,420,500
1,689,900
1,532,300
1,577,300
1,485,300
2,287,100
1,943,600
2,073,600
2,044,200
2,442,000
2,090,300
2,362,900
2,215,100
2,343,700
2,577,900
3,284,800
3,033,600
3,875,000
3,769,800
3,642,700
3,438,700
3,905,400
3,729,200
4,191,700
4,022,400
4,383,700
4,398,900
4,611,700
4,784,700
4,858,000
4,705,200
4,912,300
7,742,400
7,568,600
7,422,600
7,693,600
8,637,900
8,932,500
8,910,900
8,921,000
9,837,800
9,864,000
10,117,200
10,135,000
11,516,000
12,021,300
11,659,800
16,735,000
26,144,800
23,504,700
22,456,600
21,888,000
27,095,700
35,588,800
34,473,900
31,064,700
31,064,70034,473,90035,588,80027,095,70021,888,00022,456,60023,504,70026,144,80016,735,00011,659,80012,021,30011,516,00010,135,00010,117,2009,864,0009,837,8008,921,0008,910,9008,932,5008,637,9007,693,6007,422,6007,568,6007,742,4004,912,3004,705,2004,858,0004,784,7004,611,7004,398,9004,383,7004,022,4004,191,7003,729,2003,905,4003,438,7003,642,7003,769,8003,875,0003,033,6003,284,8002,577,9002,343,7002,215,1002,362,9002,090,3002,442,0002,044,2002,073,6001,943,6002,287,1001,485,3001,577,3001,532,3001,689,9001,420,5001,474,4001,630,5002,070,6001,580,1001,858,6001,818,0002,162,4002,022,4002,232,2002,180,4002,699,4002,312,5002,401,3002,329,9002,603,2002,119,4002,386,3002,390,6002,491,8002,281,7002,212,1002,094,9002,276,5002,004,5002,061,3001,907,8001,881,9001,759,0001,749,6041,689,2401,787,2351,628,0831,066,555795,798854,155678,391728,751618,751642,744580,296625,700573,700578,000504,100530,700516,800508,400438,200466,000424,500457,300391,700444,700424,700376,500341,600363,900365,500371,000324,400341,700335,000340,900295,500305,600306,100309,100269,700274,700307,700300,0000000000000000180,000000167,100000153,40000090,4000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20,000
20,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
24,890
23,418
0
0
57,050
77,237
52,590
47,782
26,000
34,600
25,200
30,900
33,900
38,700
41,400
41,400
42,900
35,300
34,700
5,300
6,300
42,200
8,100
8,900
123,800
233,000
3,500
281,300
56,000
105,000
118,000
132,000
222,000
193,000
131,000
0
35,000
0
196,600
226,500
100,300
35,000
181,900
10,000
92,000
48,000
285,100
129,000
50,000
284,100
235,500
630,500
467,400
392,000
296,200
267,900
210,800
246,600
267,600
382,000
451,200
386,200
741,100
703,600
799,400
468,000
281,400
441,100
481,000
346,100
389,300
519,000
494,800
562,300
660,100
790,600
577,600
328,600
318,000
278,600
151,300
366,100
434,100
473,400
423,400
887,200
685,400
551,900
834,800
1,111,200
704,000
959,000
959,000704,0001,111,200834,800551,900685,400887,200423,400473,400434,100366,100151,300278,600318,000328,600577,600790,600660,100562,300494,800519,000389,300346,100481,000441,100281,400468,000799,400703,600741,100386,200451,200382,000267,600246,600210,800267,900296,200392,000467,400630,500235,500284,10050,000129,000285,10048,00092,00010,000181,90035,000100,300226,500196,600035,0000131,000193,000222,000132,000118,000105,00056,000281,3003,500233,000123,8008,9008,10042,2006,3005,30034,70035,30042,90041,40041,40038,70033,90030,90025,20034,60026,00047,78252,59077,23757,0500023,41824,89000000000000000000000000000000000020,00020,000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,392,900
0
0
0
50,000
0
285,000
608,000
300,000
695,000
3,112,800
50,000
100,000
3,273,100
100,000
100,000
100,000
494,800
562,300
660,100
790,600
577,600
328,600
318,000
278,600
151,300
366,100
434,100
473,400
423,400
887,200
685,400
551,900
834,800
1,111,200
704,000
959,000
959,000704,0001,111,200834,800551,900685,400887,200423,400473,400434,100366,100151,300278,600318,000328,600577,600790,600660,100562,300494,800100,000100,000100,0003,273,100100,00050,0003,112,800695,000300,000608,000285,000050,0000002,392,900000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
30,400
30,500
32,000
34,600
31,100
34,400
36,400
45,400
40,600
44,100
44,900
47,800
47,200
52,000
57,000
63,200
60,200
66,900
68,200
74,500
74,700
74,500
89,800
89,400
83,600
85,800
90,300
88,400
86,600
89,000
91,600
93,705
88,397
93,192
98,467
98,563
114,309
106,675
109,853
114,208
112,498
108,811
107,542
2,000
1,647,600
1,641,300
1,743,500
1,694,400
1,930,300
1,753,200
1,838,900
1,827,400
2,065,200
1,948,400
1,917,400
1,804,500
2,239,600
1,952,100
1,958,800
1,877,800
2,165,700
1,826,200
1,874,000
1,684,300
1,756,800
1,377,500
1,365,300
1,283,300
1,790,700
1,425,100
1,166,500
1,298,200
1,414,400
1,252,700
1,250,300
1,213,400
1,927,800
1,600,400
1,621,900
1,638,100
2,038,200
1,703,600
1,819,700
1,728,300
1,947,600
1,875,900
2,154,700
1,974,700
2,819,400
2,755,400
2,623,300
2,447,000
2,901,100
2,707,100
2,877,100
2,722,900
3,216,500
2,866,900
2,996,100
3,028,200
3,546,400
3,508,500
3,475,900
6,071,300
5,982,700
5,693,600
5,740,200
6,741,400
6,873,800
6,573,900
6,348,500
7,778,700
7,950,500
7,952,900
7,784,600
9,205,000
9,716,700
9,161,700
13,845,600
23,175,400
20,381,200
19,273,400
18,698,200
0
2,061,700
0
2,553,100
2,553,10002,061,700018,698,20019,273,40020,381,20023,175,40013,845,6009,161,7009,716,7009,205,0007,784,6007,952,9007,950,5007,778,7006,348,5006,573,9006,873,8006,741,4005,740,2005,693,6005,982,7006,071,3003,475,9003,508,5003,546,4003,028,2002,996,1002,866,9003,216,5002,722,9002,877,1002,707,1002,901,1002,447,0002,623,3002,755,4002,819,4001,974,7002,154,7001,875,9001,947,6001,728,3001,819,7001,703,6002,038,2001,638,1001,621,9001,600,4001,927,8001,213,4001,250,3001,252,7001,414,4001,298,2001,166,5001,425,1001,790,7001,283,3001,365,3001,377,5001,756,8001,684,3001,874,0001,826,2002,165,7001,877,8001,958,8001,952,1002,239,6001,804,5001,917,4001,948,4002,065,2001,827,4001,838,9001,753,2001,930,3001,694,4001,743,5001,641,3001,647,6002,000107,542108,811112,498114,208109,853106,675114,30998,56398,46793,19288,39793,70591,60089,00086,60088,40090,30085,80083,60089,40089,80074,50074,70074,50068,20066,90060,20063,20057,00052,00047,20047,80044,90044,10040,60045,40036,40034,40031,10034,60032,00030,50030,400000000000000000000000000000
       Other Current Liabilities 
0
90,400
0
0
0
153,400
0
0
0
167,100
0
0
0
180,000
0
0
0
0
0
0
0
0
0
0
0
0
0
249,600
257,200
242,700
235,100
278,000
271,700
269,200
250,100
300,300
290,900
296,800
276,600
323,800
313,500
306,900
278,400
316,300
357,800
376,500
317,200
382,600
350,000
376,200
348,800
424,800
431,000
440,400
415,700
491,400
484,700
534,100
486,591
554,347
525,559
630,284
537,442
698,744
689,123
956,702
1,395,830
1,562,691
1,486,811
1,536,214
1,685,000
45,300
46,300
67,600
66,500
270,900
72,800
78,400
56,400
93,000
99,800
427,900
275,500
286,700
333,300
393,900
278,300
261,100
316,300
32,800
230,400
247,200
276,700
315,100
18,400
32,300
27,600
1,432,900
41,600
1,646,200
38,500
40,000
106,600
259,800
97,000
372,000
240,500
281,800
33,900
343,600
370,400
38,400
396,800
415,100
504,900
569,300
619,500
685,400
704,600
693,900
702,800
871,300
777,800
708,200
707,200
843,000
881,800
769,600
829,900
920,500
799,700
844,600
943,100
1,055,100
999,600
1,067,400
1,255,700
1,347,800
1,058,200
1,131,600
1,380,500
1,596,200
1,633,100
1,408,400
1,536,900
1,895,100
1,968,200
1,677,000
1,972,800
2,091,200
25,634,700
31,759,100
33,135,900
26,907,900
26,907,90033,135,90031,759,10025,634,7002,091,2001,972,8001,677,0001,968,2001,895,1001,536,9001,408,4001,633,1001,596,2001,380,5001,131,6001,058,2001,347,8001,255,7001,067,400999,6001,055,100943,100844,600799,700920,500829,900769,600881,800843,000707,200708,200777,800871,300702,800693,900704,600685,400619,500569,300504,900415,100396,80038,400370,400343,60033,900281,800240,500372,00097,000259,800106,60040,00038,5001,646,20041,6001,432,90027,60032,30018,400315,100276,700247,200230,40032,800316,300261,100278,300393,900333,300286,700275,500427,90099,80093,00056,40078,40072,800270,90066,50067,60046,30045,3001,685,0001,536,2141,486,8111,562,6911,395,830956,702689,123698,744537,442630,284525,559554,347486,591534,100484,700491,400415,700440,400431,000424,800348,800376,200350,000382,600317,200376,500357,800316,300278,400306,900313,500323,800276,600296,800290,900300,300250,100269,200271,700278,000235,100242,700257,200249,6000000000000000180,000000167,100000153,40000090,4000
   > Long-term Liabilities 
0
21,400
0
0
0
21,700
0
0
0
23,600
0
0
0
29,100
0
0
0
219,700
217,600
244,200
239,500
237,800
201,800
275,600
276,400
290,500
270,200
15,200
14,700
35,200
37,400
37,700
37,500
36,500
35,200
33,700
33,100
12,700
12,300
12,200
12,600
13,600
11,200
10,600
10,300
11,200
11,500
11,700
12,400
11,900
14,600
12,600
12,600
12,800
12,400
14,500
14,300
15,900
16,631
16,180
18,409
19,175
24,917
27,293
26,948
33,655
139,955
178,526
173,518
185,815
188,000
189,900
196,700
221,200
220,500
244,900
247,200
264,800
263,300
209,700
210,700
234,100
236,800
233,900
239,400
154,700
211,300
219,500
621,200
609,100
619,900
620,900
604,200
674,200
730,300
742,100
741,500
883,000
894,900
900,500
917,000
912,000
1,058,700
1,092,000
1,084,300
1,166,300
1,201,900
1,218,700
1,282,800
1,330,800
1,345,300
1,516,400
1,460,100
1,490,200
2,097,800
2,894,700
2,962,200
3,137,900
3,072,600
3,099,200
3,073,300
3,033,900
3,037,900
3,344,800
3,060,200
3,222,100
3,268,600
3,801,600
3,933,000
3,820,200
3,800,600
4,148,800
4,079,400
4,070,700
5,035,300
5,320,000
5,350,900
5,498,300
5,928,600
5,907,700
5,879,500
5,963,700
6,119,000
7,441,900
6,785,900
8,049,900
7,973,600
7,623,900
7,582,100
7,829,600
8,140,400
8,336,400
8,220,000
9,735,800
9,735,8008,220,0008,336,4008,140,4007,829,6007,582,1007,623,9007,973,6008,049,9006,785,9007,441,9006,119,0005,963,7005,879,5005,907,7005,928,6005,498,3005,350,9005,320,0005,035,3004,070,7004,079,4004,148,8003,800,6003,820,2003,933,0003,801,6003,268,6003,222,1003,060,2003,344,8003,037,9003,033,9003,073,3003,099,2003,072,6003,137,9002,962,2002,894,7002,097,8001,490,2001,460,1001,516,4001,345,3001,330,8001,282,8001,218,7001,201,9001,166,3001,084,3001,092,0001,058,700912,000917,000900,500894,900883,000741,500742,100730,300674,200604,200620,900619,900609,100621,200219,500211,300154,700239,400233,900236,800234,100210,700209,700263,300264,800247,200244,900220,500221,200196,700189,900188,000185,815173,518178,526139,95533,65526,94827,29324,91719,17518,40916,18016,63115,90014,30014,50012,40012,80012,60012,60014,60011,90012,40011,70011,50011,20010,30010,60011,20013,60012,60012,20012,30012,70033,10033,70035,20036,50037,50037,70037,40035,20014,70015,200270,200290,500276,400275,600201,800237,800239,500244,200217,600219,70000029,10000023,60000021,70000021,4000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
550,000
550,000
550,000
675,000
675,000
675,000
675,000
675,000
675,000
725,000
725,000
725,000
925,000
825,000
825,000
1,425,000
2,125,000
2,125,000
2,125,000
2,125,000
2,125,000
2,125,000
2,075,000
2,071,800
2,344,400
2,044,600
2,144,600
2,144,700
2,644,800
2,741,700
2,691,900
2,792,100
3,141,000
3,141,200
3,091,400
3,690,300
3,815,600
3,815,800
3,816,100
4,315,100
4,315,400
4,265,700
4,266,000
4,366,300
5,712,200
5,072,400
5,810,200
5,760,900
5,561,500
5,562,200
5,562,800
6,022,100
6,022,900
6,023,600
0
06,023,6006,022,9006,022,1005,562,8005,562,2005,561,5005,760,9005,810,2005,072,4005,712,2004,366,3004,266,0004,265,7004,315,4004,315,1003,816,1003,815,8003,815,6003,690,3003,091,4003,141,2003,141,0002,792,1002,691,9002,741,7002,644,8002,144,7002,144,6002,044,6002,344,4002,071,8002,075,0002,125,0002,125,0002,125,0002,125,0002,125,0002,125,0001,425,000825,000825,000925,000725,000725,000725,000675,000675,000675,000675,000675,000675,000550,000550,000550,000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
255,400
244,900
245,200
242,500
234,100
214,200
240,200
236,500
237,700
240,900
251,800
258,500
275,100
283,600
279,800
292,900
328,900
352,700
392,600
395,400
438,000
487,800
521,400
660,600
702,300
749,800
796,500
806,700
861,900
918,400
905,100
708,400
716,300
743,400
806,200
869,900
905,700
952,800
945,600
1,003,800
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000001,003,800945,600952,800905,700869,900806,200743,400716,300708,400905,100918,400861,900806,700796,500749,800702,300660,600521,400487,800438,000395,400392,600352,700328,900292,900279,800283,600275,100258,500251,800240,900237,700236,500240,200214,200234,100242,500245,200244,900255,400000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
16,631
16,180
18,409
19,175
24,917
27,293
26,948
33,655
40,272
43,069
44,365
57,466
60,800
63,200
70,800
99,100
99,200
101,500
105,500
124,800
125,000
128,000
130,000
126,500
130,800
129,600
136,700
125,400
211,300
219,500
221,200
209,100
219,900
220,900
204,200
274,200
330,300
342,100
341,500
333,000
344,900
350,500
367,000
282,900
383,700
417,000
409,300
380,900
526,900
543,700
557,800
447,100
620,300
591,400
635,100
460,700
672,800
769,700
837,200
638,800
947,600
974,200
948,300
611,400
966,100
1,000,400
1,015,600
706,400
1,123,900
1,156,800
1,191,300
796,300
1,008,500
1,007,800
938,200
979,300
1,015,100
1,148,100
1,166,700
1,318,300
1,216,300
1,234,400
1,273,800
1,376,800
1,437,700
1,418,900
1,427,900
1,930,400
1,879,400
1,749,100
1,718,000
1,966,400
0
0
1,874,700
0
01,874,700001,966,4001,718,0001,749,1001,879,4001,930,4001,427,9001,418,9001,437,7001,376,8001,273,8001,234,4001,216,3001,318,3001,166,7001,148,1001,015,100979,300938,2001,007,8001,008,500796,3001,191,3001,156,8001,123,900706,4001,015,6001,000,400966,100611,400948,300974,200947,600638,800837,200769,700672,800460,700635,100591,400620,300447,100557,800543,700526,900380,900409,300417,000383,700282,900367,000350,500344,900333,000341,500342,100330,300274,200204,200220,900219,900209,100221,200219,500211,300125,400136,700129,600130,800126,500130,000128,000125,000124,800105,500101,50099,20099,10070,80063,20060,80057,46644,36543,06940,27233,65526,94827,29324,91719,17518,40916,18016,6310000000000000000000000000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
74,800
76,600
76,100
78,400
78,000
75,300
72,700
69,700
68,200
66,300
65,600
65,700
64,100
62,000
61,100
58,700
64,500
62,900
62,800
62,600
62,000
0
0
0
00062,00062,60062,80062,90064,50058,70061,10062,00064,10065,70065,60066,30068,20069,70072,70075,30078,00078,40076,10076,60074,8000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
0
35,600
0
0
0
54,300
0
0
0
63,200
0
0
0
67,500
0
0
0
74,200
73,000
73,800
79,000
81,900
83,900
84,600
87,600
85,800
84,800
84,100
82,800
91,200
102,100
110,300
113,900
121,400
102,300
97,800
101,900
96,700
102,200
103,900
116,100
118,100
123,000
110,600
126,500
134,500
133,300
137,800
155,200
163,900
177,800
185,300
191,600
202,500
203,900
215,700
233,300
242,500
251,624
269,827
300,962
314,372
323,087
333,791
343,164
371,613
404,574
482,768
487,812
528,155
545,000
572,500
590,600
619,100
648,000
696,800
742,900
761,000
682,700
742,900
784,500
769,100
778,900
801,200
845,800
864,100
867,900
782,800
769,300
715,500
698,600
726,200
775,000
738,500
798,200
839,800
869,100
892,900
916,700
965,400
1,011,400
1,106,700
1,147,100
1,202,800
1,219,300
1,243,600
1,356,600
1,472,900
1,636,200
1,658,600
1,664,700
1,702,000
1,932,200
2,085,500
2,144,200
3,249,600
3,256,000
3,229,400
3,145,200
3,638,500
3,652,400
3,638,300
3,597,100
3,599,900
3,686,500
3,596,600
3,662,500
3,844,700
4,110,000
4,105,200
4,514,600
4,443,600
4,544,500
4,498,900
4,880,300
4,879,400
4,843,300
5,155,500
5,029,500
5,488,600
5,771,700
6,186,200
6,731,100
8,312,700
8,420,200
8,508,400
8,989,400
8,808,700
8,573,800
9,143,600
9,817,800
10,395,700
10,463,500
10,775,300
10,775,30010,463,50010,395,7009,817,8009,143,6008,573,8008,808,7008,989,4008,508,4008,420,2008,312,7006,731,1006,186,2005,771,7005,488,6005,029,5005,155,5004,843,3004,879,4004,880,3004,498,9004,544,5004,443,6004,514,6004,105,2004,110,0003,844,7003,662,5003,596,6003,686,5003,599,9003,597,1003,638,3003,652,4003,638,5003,145,2003,229,4003,256,0003,249,6002,144,2002,085,5001,932,2001,702,0001,664,7001,658,6001,636,2001,472,9001,356,6001,243,6001,219,3001,202,8001,147,1001,106,7001,011,400965,400916,700892,900869,100839,800798,200738,500775,000726,200698,600715,500769,300782,800867,900864,100845,800801,200778,900769,100784,500742,900682,700761,000742,900696,800648,000619,100590,600572,500545,000528,155487,812482,768404,574371,613343,164333,791323,087314,372300,962269,827251,624242,500233,300215,700203,900202,500191,600185,300177,800163,900155,200137,800133,300134,500126,500110,600123,000118,100116,100103,900102,20096,700101,90097,800102,300121,400113,900110,300102,10091,20082,80084,10084,80085,80087,60084,60083,90081,90079,00073,80073,00074,20000067,50000063,20000054,30000035,6000
   Common Stock
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
18,400
36,800
37,216
38,151
39,351
79,497
80,652
84,150
84,700
85,111
86,088
88,333
87,972
88,548
90,000
90,600
90,100
90,000
90,800
91,900
92,400
92,100
93,200
94,600
95,200
95,700
96,700
97,200
98,100
98,400
98,900
95,300
93,900
92,000
92,800
93,300
95,000
96,400
100,200
101,200
101,800
102,500
103,600
105,200
106,000
108,400
110,300
112,200
112,900
114,700
118,300
121,000
124,400
125,600
126,800
127,700
131,500
133,600
135,100
159,000
161,400
164,600
166,700
174,500
176,700
176,900
177,100
177,000
177,900
178,300
179,500
180,200
180,800
181,000
182,100
182,600
183,700
184,000
185,300
186,100
186,500
188,100
189,600
191,500
192,300
193,700
195,900
206,800
207,300
208,500
210,100
210,300
210,800
211,900
214,200
215,500
215,900
216,700
216,700215,900215,500214,200211,900210,800210,300210,100208,500207,300206,800195,900193,700192,300191,500189,600188,100186,500186,100185,300184,000183,700182,600182,100181,000180,800180,200179,500178,300177,900177,000177,100176,900176,700174,500166,700164,600161,400159,000135,100133,600131,500127,700126,800125,600124,400121,000118,300114,700112,900112,200110,300108,400106,000105,200103,600102,500101,800101,200100,20096,40095,00093,30092,80092,00093,90095,30098,90098,40098,10097,20096,70095,70095,20094,60093,20092,10092,40091,90090,80090,00090,10090,60090,00088,54887,97288,33386,08885,11184,70084,15080,65279,49739,35138,15137,21636,80018,40000000000000000000000000000000000000000000000000000000000
   Retained Earnings Total Equity
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
456,300
468,400
488,300
466,800
471,300
480,400
482,900
470,500
500,700
519,700
510,400
506,400
554,900
583,200
596,400
596,900
648,400
683,700
676,000
636,000
710,800
778,400
774,500
753,400
835,200
889,800
916,400
901,800
1,002,900
1,062,100
1,095,900
1,426,700
1,466,000
1,517,600
1,558,600
1,810,200
1,839,300
1,884,200
1,901,300
2,161,400
2,228,300
2,317,300
2,371,700
2,658,900
2,749,100
2,873,800
2,882,300
3,213,000
3,388,700
3,536,200
3,562,200
3,930,200
0
0
0
0003,930,2003,562,2003,536,2003,388,7003,213,0002,882,3002,873,8002,749,1002,658,9002,371,7002,317,3002,228,3002,161,4001,901,3001,884,2001,839,3001,810,2001,558,6001,517,6001,466,0001,426,7001,095,9001,062,1001,002,900901,800916,400889,800835,200753,400774,500778,400710,800636,000676,000683,700648,400596,900596,400583,200554,900506,400510,400519,700500,700470,500482,900480,400471,300466,800488,300468,400456,300000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Accumulated Other Comprehensive Income 
0
-6,300
0
0
0
-8,800
0
0
0
-10,400
0
0
0
-13,300
0
0
0
0
0
0
0
0
0
0
0
0
0
-21,600
-23,600
-24,000
-25,400
-28,800
-29,800
-30,500
-34,200
-36,100
-37,800
-38,900
-41,300
-43,600
-44,400
-44,300
-43,600
-47,300
-52,300
-53,300
-56,400
-56,800
-58,200
-58,900
-61,400
-64,500
-65,300
-66,800
-68,600
-71,500
-1,700
-2,700
-2,717
-2,507
-1,964
-2,498
-1,376
-5,672
-6,429
-6,062
-20,133
-19,704
-15,182
-14,067
-26,000
-23,200
-20,900
-18,700
-23,300
-20,600
-17,900
-16,500
-22,200
-22,000
-20,500
-26,400
-6,400
-6,000
-6,000
5,000
5,200
7,500
9,500
7,400
7,600
7,900
7,000
-40,300
-41,200
-31,500
-27,800
-9,000
-9,200
-13,300
-2,600
2,200
6,500
3,700
-12,100
-47,200
-36,000
-48,100
-25,800
-32,800
-55,000
-72,600
-41,800
-2,600
6,900
54,200
-83,700
-260,600
-380,200
-338,700
-496,300
-522,500
-535,400
-603,500
-620,500
-763,600
-699,100
-661,900
-498,900
-559,900
-499,500
-651,400
-673,400
-785,600
-721,500
-802,500
-925,100
-759,600
-1,231,100
-982,200
-870,400
-643,600
-527,800
-530,500
-623,200
-726,100
-665,700
-1,057,300
-1,478,700
-1,140,400
-1,101,400
-882,900
-1,064,500
-792,100
-792,100-1,064,500-882,900-1,101,400-1,140,400-1,478,700-1,057,300-665,700-726,100-623,200-530,500-527,800-643,600-870,400-982,200-1,231,100-759,600-925,100-802,500-721,500-785,600-673,400-651,400-499,500-559,900-498,900-661,900-699,100-763,600-620,500-603,500-535,400-522,500-496,300-338,700-380,200-260,600-83,70054,2006,900-2,600-41,800-72,600-55,000-32,800-25,800-48,100-36,000-47,200-12,1003,7006,5002,200-2,600-13,300-9,200-9,000-27,800-31,500-41,200-40,3007,0007,9007,6007,4009,5007,5005,2005,000-6,000-6,000-6,400-26,400-20,500-22,000-22,200-16,500-17,900-20,600-23,300-18,700-20,900-23,200-26,000-14,067-15,182-19,704-20,133-6,062-6,429-5,672-1,376-2,498-1,964-2,507-2,717-2,700-1,700-71,500-68,600-66,800-65,300-64,500-61,400-58,900-58,200-56,800-56,400-53,300-52,300-47,300-43,600-44,300-44,400-43,600-41,300-38,900-37,800-36,100-34,200-30,500-29,800-28,800-25,400-24,000-23,600-21,6000000000000000-13,300000-10,400000-8,800000-6,3000
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
417,200
439,600
507,800
563,500
615,600
638,100
693,200
803,800
899,300
1,017,900
1,055,400
1,086,500
1,092,000
1,259,300
1,358,100
1,405,300
2,388,000
2,494,600
2,649,400
2,722,700
3,091,900
3,193,600
3,209,400
3,202,000
3,191,200
3,239,300
3,265,500
3,280,300
3,323,500
3,366,000
3,388,200
3,405,300
3,446,400
3,516,600
3,541,900
3,606,300
3,656,500
3,697,700
3,825,700
3,909,600
4,051,000
4,132,500
4,264,400
4,404,100
5,887,300
5,962,300
6,143,700
6,232,000
6,267,000
6,305,500
6,509,900
6,774,800
7,018,000
7,106,400
0
07,106,4007,018,0006,774,8006,509,9006,305,5006,267,0006,232,0006,143,7005,962,3005,887,3004,404,1004,264,4004,132,5004,051,0003,909,6003,825,7003,697,7003,656,5003,606,3003,541,9003,516,6003,446,4003,405,3003,388,2003,366,0003,323,5003,280,3003,265,5003,239,3003,191,2003,202,0003,209,4003,193,6003,091,9002,722,7002,649,4002,494,6002,388,0001,405,3001,358,1001,259,3001,092,0001,086,5001,055,4001,017,900899,300803,800693,200638,100615,600563,500507,800439,600417,200000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000-3,652,300-3,688,200-3,707,900-3,711,500-3,219,6000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
15,800
0
0
0
21,300
0
0
0
19,500
0
0
0
19,600
0
0
0
9,300
7,300
9,000
9,000
9,600
10,900
12,600
12,600
12,400
12,900
33,800
35,900
39,100
50,000
55,800
50,700
52,600
49,600
50,000
51,300
50,800
56,000
58,500
60,400
59,700
60,900
62,300
70,100
72,600
73,600
74,300
79,700
81,500
92,700
99,900
93,500
96,900
92,700
102,200
88,900
73,500
79,361
94,443
95,412
77,827
82,246
109,280
90,221
94,804
117,153
182,739
184,616
92,716
124,000
128,500
112,100
105,500
121,900
143,700
155,300
146,400
172,900
206,100
221,700
236,100
236,900
250,900
273,800
285,700
299,700
201,600
164,900
120,200
138,100
154,100
194,600
230,400
293,000
312,600
328,800
349,100
376,100
417,200
439,600
507,800
563,500
615,600
638,100
693,200
803,800
899,300
1,017,900
1,055,400
1,086,500
1,092,000
1,259,300
1,358,100
1,405,300
2,388,000
2,494,600
2,649,400
2,722,700
3,091,900
3,193,600
3,209,400
3,202,000
3,191,200
3,239,300
3,265,500
3,280,300
3,323,500
3,366,000
3,388,200
3,405,300
3,446,400
3,516,600
3,541,900
3,606,300
3,656,500
3,697,700
3,825,700
3,909,600
4,051,000
4,132,500
4,264,400
4,404,100
5,887,300
5,962,300
6,143,700
6,232,000
6,267,000
6,305,500
6,509,900
6,774,800
7,018,000
7,106,400
7,297,800
7,297,8007,106,4007,018,0006,774,8006,509,9006,305,5006,267,0006,232,0006,143,7005,962,3005,887,3004,404,1004,264,4004,132,5004,051,0003,909,6003,825,7003,697,7003,656,5003,606,3003,541,9003,516,6003,446,4003,405,3003,388,2003,366,0003,323,5003,280,3003,265,5003,239,3003,191,2003,202,0003,209,4003,193,6003,091,9002,722,7002,649,4002,494,6002,388,0001,405,3001,358,1001,259,3001,092,0001,086,5001,055,4001,017,900899,300803,800693,200638,100615,600563,500507,800439,600417,200376,100349,100328,800312,600293,000230,400194,600154,100138,100120,200164,900201,600299,700285,700273,800250,900236,900236,100221,700206,100172,900146,400155,300143,700121,900105,500112,100128,500124,00092,716184,616182,739117,15394,80490,221109,28082,24677,82795,41294,44379,36173,50088,900102,20092,70096,90093,50099,90092,70081,50079,70074,30073,60072,60070,10062,30060,90059,70060,40058,50056,00050,80051,30050,00049,60052,60050,70055,80050,00039,10035,90033,80012,90012,40012,60012,60010,9009,6009,0009,0007,3009,30000019,60000019,50000021,30000015,8000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue1,700
Cost of Revenue-1,849,700
Gross Profit-1,848,000-1,848,000
 
Operating Income (+$)
Gross Profit-1,848,000
Operating Expense-135,300
Operating Income-1,983,300-1,983,300
 
Operating Expense (+$)
Research Development0
Selling General Administrative135,300
Selling And Marketing Expenses0
Operating Expense135,300135,300
 
Net Interest Income (+$)
Interest Income0
Interest Expense-282,500
Other Finance Cost-0
Net Interest Income-282,500
 
Pretax Income (+$)
Operating Income-1,983,300
Net Interest Income-282,500
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-595,200-3,371,400
EBIT - interestExpense = -2,265,800
1,188,600
1,252,000
Interest Expense282,500
Earnings Before Interest and Taxes (EBIT)-1,983,300-312,700
Earnings Before Interest and Taxes (EBITDA)-1,322,500
 
After tax Income (+$)
Income Before Tax-595,200
Tax Provision-248,200
Net Income From Continuing Ops1,141,100-843,400
Net Income969,500
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses1,985,000
Total Other Income/Expenses Net1,388,100282,500
 

Technical Analysis of Arthur J Gallagher & Co
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Arthur J Gallagher & Co. The general trend of Arthur J Gallagher & Co is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Arthur J Gallagher & Co's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Arthur J Gallagher & Co.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 256.10.

The bearish price targets are: 241.22 > 239.09 > 232.46.

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Arthur J Gallagher & Co Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Arthur J Gallagher & Co. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Arthur J Gallagher & Co Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Arthur J Gallagher & Co. The current macd is 1.6192516.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Arthur J Gallagher & Co price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Arthur J Gallagher & Co. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Arthur J Gallagher & Co price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Arthur J Gallagher & Co Daily Moving Average Convergence/Divergence (MACD) ChartArthur J Gallagher & Co Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Arthur J Gallagher & Co. The current adx is 19.74.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Arthur J Gallagher & Co shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
Arthur J Gallagher & Co Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Arthur J Gallagher & Co. The current sar is 253.49.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Arthur J Gallagher & Co Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Arthur J Gallagher & Co. The current rsi is 55.17. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Arthur J Gallagher & Co Daily Relative Strength Index (RSI) ChartArthur J Gallagher & Co Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Arthur J Gallagher & Co. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Arthur J Gallagher & Co price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Arthur J Gallagher & Co Daily Stochastic Oscillator ChartArthur J Gallagher & Co Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Arthur J Gallagher & Co. The current cci is -8.17649692.

Arthur J Gallagher & Co Daily Commodity Channel Index (CCI) ChartArthur J Gallagher & Co Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Arthur J Gallagher & Co. The current cmo is 6.4642388.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Arthur J Gallagher & Co Daily Chande Momentum Oscillator (CMO) ChartArthur J Gallagher & Co Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Arthur J Gallagher & Co. The current willr is -52.85651984.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Arthur J Gallagher & Co is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Arthur J Gallagher & Co Daily Williams %R ChartArthur J Gallagher & Co Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Arthur J Gallagher & Co.

Arthur J Gallagher & Co Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Arthur J Gallagher & Co. The current atr is 3.42577194.

Arthur J Gallagher & Co Daily Average True Range (ATR) ChartArthur J Gallagher & Co Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Arthur J Gallagher & Co. The current obv is 29,938,802.

Arthur J Gallagher & Co Daily On-Balance Volume (OBV) ChartArthur J Gallagher & Co Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Arthur J Gallagher & Co. The current mfi is 57.24.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Arthur J Gallagher & Co Daily Money Flow Index (MFI) ChartArthur J Gallagher & Co Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Arthur J Gallagher & Co.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2023-11-15SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-16STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-20WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-11-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-27RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-28ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-06CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-11STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-18RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-20BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-03SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-08CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-11DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-12CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-17MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-26DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-12DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-03-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-25WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Arthur J Gallagher & Co Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Arthur J Gallagher & Co based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5055.174
Ma 20Greater thanMa 50250.126
Ma 50Greater thanMa 100242.859
Ma 100Greater thanMa 200240.136
OpenGreater thanClose249.000
Total4/5 (80.0%)
Penke

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