Arthur J. Gallagher & (AJG) Revenue — Quarter Ended Mar 31, 2023
Revenue rose in the current quarter, continuing the upward trajectory from the prior quarter. The increase was driven by a comparative gain over the same quarter one year earlier.
Key takeaway
Quarter ended Mar 31, 2023 · FY2023 Q1
Revenue rose in the current quarter, continuing the upward trajectory from the prior quarter. The increase was driven by a comparative gain over the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.7B
Revenue reported for this quarter.
Quarter-over-quarter
+33.4%
Change from the immediately preceding quarter.
Year-over-year
+11.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2022 | $2B | +5.7% |
| Sep 30, 2022 | $2B | -4.4% |
| Dec 31, 2022 | $2B | +2.8% |
| Mar 31, 2023 | $2.7B | +11.1% |
Revenue performance
Revenue growth in the quarter outpaced the sequential increase from the immediately preceding period.
Quarterly comparison
Compared to the immediately preceding quarter, revenue was higher. Versus the same quarter one year earlier, revenue also increased.
What to watch
The acquisition described in the filing closed shortly after the quarter end, which may affect future revenue comparisons.