Income Statement Arthur J. Gallagher & Co.

Equities

AJG

US3635761097

Multiline Insurance & Brokers

Market Closed - Nyse Other stock markets 01:30:03 08/05/2026 am IST			5-day change	1st Jan Change
201.94 ^USD	+2.55%		-2.16%	-21.97%

07/05	BMO Capital Adjusts Arthur J. Gallagher Price Target to $265 From $278	MT
06/05	Citigroup Upgrades Arthur J. Gallagher to Buy From Neutral, Cuts Price Target to $250 From $280	MT

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Published financial data: ARTHUR J. GALLAGHER & CO.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	797.39Cr	827.01Cr	955.92Cr	1.09TCr	1.3TCr
Other Revenues, Total	5L	7L	-	-	-
Total Revenues	797.44Cr	827.08Cr	955.92Cr	1.09TCr	1.3TCr
Cost of Goods Sold, Total	503.21Cr	462.69Cr	547.56Cr	630.18Cr	752.4Cr
Gross Profit	294.23Cr	364.39Cr	408.36Cr	462.56Cr	548.5Cr
Selling General & Admin Expenses, Total	101.3Cr	121.37Cr	155Cr	161.67Cr	200.6Cr
Depreciation & Amortization - (IS)	15Cr	14Cr	17Cr	18Cr	21Cr
Amortization of Goodwill and Intangible Assets - (IS)	40Cr	45Cr	53Cr	65Cr	85Cr
Other Operating Expenses	0	0	-37Cr	0	0
Other Operating Expenses, Total	156.17Cr	181.13Cr	187.57Cr	243.96Cr	306.2Cr
Operating Income	138.06Cr	183.26Cr	220.79Cr	218.6Cr	242.3Cr
Interest Expense, Total	-23Cr	-26Cr	-30Cr	-38Cr	-64Cr
Interest And Investment Income	8.31Cr	14Cr	-	47Cr	77Cr
Net Interest Expenses	-14Cr	-12Cr	-30Cr	9.19Cr	13Cr
Income (Loss) On Equity Invest.	-	-	-	-	-
EBT, Excl. Unusual Items	123.76Cr	171.2Cr	191.12Cr	227.79Cr	255.3Cr
Restructuring Charges	-2.77Cr	-5.53Cr	-6.68Cr	-13Cr	-20Cr
Merger & Related Restructuring Charges	-7.25Cr	-21Cr	-28Cr	-23Cr	-37Cr
Impairment of Goodwill	-10L	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	1.89Cr	1.3Cr	-	-	-
Asset Writedown	-1.66Cr	-20L	-35L	-1.94Cr	-6.6Cr
Legal Settlements	-	-	-	-	-
Other Unusual Items	-16Cr	-13Cr	-38Cr	-2.6Cr	-4.6Cr
EBT, Incl. Unusual Items	98Cr	132.7Cr	118.51Cr	187.48Cr	187.1Cr
Income Tax Expense	2.01Cr	21Cr	22Cr	40Cr	37Cr
Earnings From Continuing Operations	96Cr	111.6Cr	97Cr	147.04Cr	150.3Cr
Net Income to Company	96Cr	111.6Cr	97Cr	147.04Cr	150.3Cr
Minority Interest	-4.82Cr	-18L	35L	-77L	-90L
Net Income - (IS)	91Cr	111.42Cr	97Cr	146.27Cr	149.4Cr
Net Income to Common Incl Extra Items	91Cr	111.42Cr	97Cr	146.27Cr	149.4Cr
Net Income to Common Excl. Extra Items	91Cr	111.42Cr	97Cr	146.27Cr	149.4Cr
Per Share Items
Net EPS - Basic	4.47	5.3	4.51	6.63	5.83
Basic EPS - Continuing Operations	4.47	5.3	4.51	6.63	5.83
Basic Weighted Average Shares Outstanding	20Cr	21Cr	21Cr	22Cr	26Cr
Net EPS - Diluted	4.37	5.19	4.42	6.5	5.74
Diluted EPS - Continuing Operations	4.37	5.19	4.42	6.5	5.74
Diluted Weighted Average Shares Outstanding	21Cr	21Cr	22Cr	22Cr	26Cr
Normalized Basic EPS	3.58	5.08	5.57	6.42	6.2
Normalized Diluted EPS	3.5	4.98	5.46	6.29	6.1
Dividend Per Share	1.92	2.04	2.2	2.4	2.6
Payout Ratio	43.23	38.55	48.85	35.92	44.65
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	192.93Cr	243.02Cr	290.09Cr	300.89Cr	347.9Cr
EBITA	177.81Cr	228.55Cr	273.57Cr	283.14Cr	327.3Cr
EBIT	138.06Cr	183.26Cr	220.79Cr	218.6Cr	242.3Cr
EBITDAR	208.14Cr	260.56Cr	308.31Cr	319.09Cr	368.5Cr
Total Revenues (As Reported)	820.94Cr	855.06Cr	1.01TCr	1.16TCr	1.39TCr
Effective Tax Rate - (Ratio)	2.06	15.9	18.49	21.57	19.67
Current Domestic Taxes	9.52Cr	22Cr	-3.68Cr	9.13Cr	8.1Cr
Current Foreign Taxes	11Cr	20Cr	21Cr	19Cr	22Cr
Total Current Taxes	20Cr	42Cr	18Cr	29Cr	30Cr
Deferred Domestic Taxes	-16Cr	-8.7Cr	16Cr	11Cr	8.6Cr
Deferred Foreign Taxes	-2.07Cr	-12Cr	-11Cr	80L	-2.3Cr
Total Deferred Taxes	-18Cr	-21Cr	4.31Cr	12Cr	6.3Cr
Normalized Net Income	73Cr	106.82Cr	119.8Cr	141.6Cr	158.66Cr
Non-Cash Pension Expense	-54L	-99L	14L	-30L	1.7Cr
Supplemental Operating Expense Items
Net Rental Expense, Total	15Cr	18Cr	18Cr	18Cr	21Cr
Imputed Operating Lease Interest Expense	4.74Cr	5.5Cr	5.84Cr	5.07Cr	7.77Cr
Imputed Operating Lease Depreciation	10Cr	12Cr	12Cr	13Cr	13Cr
Stock-Based Comp., COGS (Total)	11Cr	13Cr	16Cr	18Cr	19Cr
Stock-Based Comp., Other (Total)	-	-	-	-	80L
Total Stock-Based Compensation	11Cr	13Cr	16Cr	18Cr	20Cr

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	40Cr	34Cr	97Cr	1.5TCr	139.6Cr
Trading Asset Securities, Total	-	-	-	-	70L
Total Cash And Short Term Investments	40Cr	34Cr	97Cr	1.5TCr	140.3Cr
Accounts Receivable, Total	1.24TCr	1.7TCr	378.66Cr	389.59Cr	517.5Cr
Notes Receivable	51Cr	55Cr	-	-	-
Total Receivables	1.29TCr	1.75TCr	378.66Cr	389.59Cr	517.5Cr
Prepaid Expenses	17Cr	20Cr	-	-	-
Restricted Cash	406.37Cr	462.19Cr	-	-	-
Other Current Assets, Total	13Cr	14Cr	2.74TCr	2.52TCr	2.78TCr
Total Current Assets	1.77TCr	2.28TCr	3.21TCr	4.41TCr	3.44TCr
Gross Property Plant And Equipment	166.75Cr	180.9Cr	215.06Cr	218.41Cr	286.9Cr
Accumulated Depreciation	-81Cr	-89Cr	-102.39Cr	-115.6Cr	-148.2Cr
Net Property Plant And Equipment	86Cr	92Cr	112.67Cr	102.81Cr	138.7Cr
Long-term Investments	89L	5.66Cr	-	-	-
Goodwill	866.62Cr	948.94Cr	1.15TCr	1.23TCr	2.26TCr
Other Intangibles, Total	395.4Cr	337.21Cr	463.33Cr	453.01Cr	1.07TCr
Deferred Tax Assets Long-Term	122.85Cr	129.9Cr	113.23Cr	96Cr	4.3Cr
Other Long-Term Assets, Total	96Cr	93Cr	113.18Cr	135.44Cr	160.2Cr
Total Assets	3.33TCr	3.89TCr	5.16TCr	6.43TCr	7.07TCr
Liabilities
Accounts Payable, Total	1.38TCr	1.87TCr	-	-	-
Accrued Expenses, Total	180.98Cr	199.03Cr	245.93Cr	349.21Cr	387.7Cr
Short-term Borrowings	23Cr	24Cr	29Cr	23Cr	23Cr
Current Portion of Long-Term Debt	25Cr	31Cr	67Cr	20Cr	64Cr
Current Portion of Leases	8.27Cr	8.24Cr	8.42Cr	9.18Cr	13Cr
Unearned Revenue Current, Total	52Cr	55Cr	64Cr	54Cr	74Cr
Other Current Liabilities	13L	1.85Cr	2.69TCr	2.47TCr	2.69TCr
Total Current Liabilities	1.67TCr	2.19TCr	3.11TCr	2.93TCr	3.25TCr
Long-Term Debt	582.17Cr	556.28Cr	700.6Cr	1.27TCr	1.21TCr
Long-Term Leases	31Cr	30Cr	35Cr	33Cr	52Cr
Unearned Revenue Non Current	5.87Cr	6.26Cr	6.15Cr	6.71Cr	16Cr
Pension & Other Post Retirement Benefits	-	-	-	-	-
Deferred Tax Liability Non Current	17Cr	9.24Cr	13Cr	11Cr	32Cr
Other Non Current Liabilities	169.45Cr	181.14Cr	218.65Cr	158.14Cr	170.6Cr
Total Liabilities	2.48TCr	2.97TCr	4.08TCr	4.41TCr	4.73TCr
Common Stock, Total	21Cr	21Cr	22Cr	25Cr	26Cr
Additional Paid In Capital	614.37Cr	650.99Cr	729.78Cr	1.61TCr	1.78TCr
Retained Earnings	288.23Cr	356.22Cr	405.29Cr	498.57Cr	580.6Cr
Comprehensive Income and Other	-73Cr	-114.04Cr	-79Cr	-115.11Cr	-52Cr
Total Common Equity	850.84Cr	914.36Cr	1.08TCr	2.02TCr	2.33TCr
Minority Interest	5.17Cr	4.66Cr	4Cr	2.61Cr	2.6Cr
Total Equity	856.01Cr	919.02Cr	1.08TCr	2.02TCr	2.33TCr
Total Liabilities And Equity	3.33TCr	3.89TCr	5.16TCr	6.43TCr	7.07TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	21Cr	21Cr	22Cr	25Cr	26Cr
ECS Total Common Shares Outstanding	21Cr	21Cr	22Cr	25Cr	26Cr
Book Value / Share	40.81	43.15	49.72	80.61	90.74
Tangible Book Value	-411.18Cr	-371.79Cr	-533.36Cr	335.32Cr	-995.6Cr
Tangible Book Value Per Share	-19.72	-17.55	-24.61	13.41	-38.74
Total Debt	668.84Cr	649.75Cr	840.71Cr	1.36TCr	1.36TCr
Net Debt	628.58Cr	615.52Cr	743.56Cr	-141.03Cr	1.22TCr
Debt Equivalent of Unfunded Proj. Benefit Obligation	-29L	-6L	-1.29Cr	-1.65Cr	-1.7Cr
Debt Equivalent Oper. Leases	121.68Cr	140.32Cr	145.76Cr	145.6Cr	164.8Cr
Minority Interest, Total (Incl. Fin. Div)	5.17Cr	4.66Cr	4Cr	2.61Cr	2.6Cr
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	15Cr	15Cr	17Cr	17Cr	17Cr
Machinery, Total	42Cr	47Cr	54Cr	55Cr	71Cr
Full Time Employees	39T	44T	52T	56T	72T
Accumulated Allowance for Doubtful Accounts (Supple)	83L	1.11Cr	2.3Cr	2.18Cr	4.9Cr

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	91Cr	111.42Cr	97Cr	146.27Cr	149.4Cr
Depreciation & Amortization - CF	15Cr	14Cr	17Cr	18Cr	21Cr
Amortization of Goodwill and Intangible Assets - (CF)	40Cr	45Cr	53Cr	65Cr	85Cr
Depreciation & Amortization, Total	55Cr	60Cr	69Cr	82Cr	105.6Cr
(Gain) Loss on Sale of Investments - (CF)	-1.7Cr	-1.1Cr	-84L	-2.27Cr	-2.3Cr
Asset Writedown & Restructuring Costs	1.76Cr	20L	35L	1.94Cr	6.6Cr
Stock-Based Compensation (CF)	8.23Cr	11Cr	14Cr	16Cr	20Cr
Other Operating Activities, Total	-3.38Cr	-24Cr	36Cr	10Cr	-32Cr
Change In Accounts Receivable	13Cr	-478.93Cr	-50Cr	-6.5Cr	-28Cr
Change in Unearned Revenues	2.31Cr	2.93Cr	4.9Cr	-12Cr	-5.6Cr
Change In Income Taxes	-12Cr	4.99Cr	-7.77Cr	-4.18Cr	-6Cr
Change In Deferred Taxes	-	-	-	-	-
Change in Other Net Operating Assets	17Cr	526.28Cr	41Cr	26Cr	-14Cr
Cash from Operations	170.41Cr	212.54Cr	203.17Cr	258.29Cr	193Cr
Capital Expenditure	-13Cr	-18Cr	-19Cr	-14Cr	-14Cr
Cash Acquisitions	-325.09Cr	-76Cr	-304.19Cr	-146.23Cr	-1.58TCr
Divestitures	1.57Cr	1.1Cr	99L	1.97Cr	1.7Cr
Investment in Marketable and Equity Securities, Total	-11L	10L	55L	60L	20L
Net (Increase) Decrease in Loans Originated / Sold - Investing	-6.68Cr	-6.92Cr	-7.29Cr	-89L	1.6Cr
Cash from Investing	-343.17Cr	-100.48Cr	-329.3Cr	-158.74Cr	-1.59TCr
Short Term Debt Issued, Total	3.7Cr	2.53Cr	4.17Cr	-	-
Long-Term Debt Issued, Total	295.7Cr	257Cr	542.9Cr	721.58Cr	254.6Cr
Total Debt Issued	299.4Cr	259.53Cr	547.07Cr	721.58Cr	254.6Cr
Short Term Debt Repaid, Total	-	-	-	-4.09Cr	-1.5Cr
Long-Term Debt Repaid, Total	-123.5Cr	-275.65Cr	-361Cr	-190.69Cr	-274.3Cr
Total Debt Repaid	-123.5Cr	-275.65Cr	-361Cr	-194.78Cr	-275.8Cr
Issuance of Common Stock	154.67Cr	12Cr	12Cr	850.68Cr	149.9Cr
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-39Cr	-43Cr	-47Cr	-53Cr	-67Cr
Common & Preferred Stock Dividends Paid	-39Cr	-43Cr	-47Cr	-53Cr	-67Cr
Other Financing Activities, Total	-23Cr	-5.52Cr	136.66Cr	-20Cr	109.3Cr
Cash from Financing	268.41Cr	-52Cr	287.39Cr	1.31TCr	171.3Cr
Foreign Exchange Rate Adjustments	-6.45Cr	-9.99Cr	-3.35Cr	-12Cr	30Cr
Net Change in Cash	89Cr	50Cr	157.91Cr	1.39TCr	-1.19TCr
Supplemental Items
Cash Interest Paid	22Cr	24Cr	27Cr	35Cr	58Cr
Cash Income Tax Paid (Refund)	33Cr	32Cr	23Cr	33Cr	34Cr
Levered Free Cash Flow	82Cr	129.47Cr	143.37Cr	265.04Cr	107.5Cr
Unlevered Free Cash Flow	96Cr	145.53Cr	161.91Cr	288.88Cr	147.44Cr
Change In Net Working Capital	43Cr	23Cr	43Cr	-66Cr	114.8Cr
Net Debt Issued / Repaid	175.9Cr	-16Cr	186.07Cr	526.8Cr	-21Cr

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	3.1	3.17	3.07	2.36	2.24
Return on Total Capital	6.53	7.42	7.92	5.17	4.29
Return On Equity %	12.91	12.57	9.66	9.49	6.91
Return on Common Equity	12.34	12.62	9.73	9.46	6.87
Margin Analysis
Gross Profit Margin %	36.9	44.06	42.72	42.33	42.16
SG&A Margin	12.7	14.67	16.21	14.79	15.42
EBITDA Margin %	24.19	29.38	30.35	27.54	26.74
EBITA Margin %	22.3	27.63	28.62	25.91	25.16
EBIT Margin %	17.31	22.16	23.1	20	18.63
Income From Continuing Operations Margin %	11.98	13.49	10.11	13.46	11.55
Net Income Margin %	11.37	13.47	10.14	13.39	11.48
Net Avail. For Common Margin %	11.37	13.47	10.14	13.39	11.48
Normalized Net Income Margin	9.1	12.92	12.53	12.96	12.2
Levered Free Cash Flow Margin	10.27	15.65	15	24.25	8.26
Unlevered Free Cash Flow Margin	12.05	17.6	16.94	26.44	11.33
Asset Turnover
Asset Turnover	0.29	0.23	0.21	0.19	0.19
Fixed Assets Turnover	9.47	9.28	9.33	10.14	10.77
Receivables Turnover (Average Receivables)	0.83	0.56	2.85	2.84	2.87
Short Term Liquidity
Current Ratio	1.06	1.04	1.03	1.51	1.06
Quick Ratio	0.76	0.79	0.15	0.65	0.2
Operating Cash Flow to Current Liabilities	0.1	0.1	0.07	0.09	0.06
Days Sales Outstanding (Average Receivables)	441.4	648.24	127.87	128.66	127.25
Average Days Payable Outstanding	784.47	1.28T	-	-	-
Long Term Solvency
Total Debt/Equity	78.13	70.7	77.73	67.28	58.35
Total Debt / Total Capital	43.86	41.42	43.74	40.22	36.85
LT Debt/Equity	71.62	63.8	68.04	64.72	54.05
Long-Term Debt / Total Capital	40.21	37.37	38.28	38.69	34.13
Total Liabilities / Total Assets	74.33	76.38	79.05	68.59	66.96
EBIT / Interest Expense	6.11	7.13	7.44	5.73	3.79
EBITDA / Interest Expense	9.21	10.14	10.39	8.37	5.77
(EBITDA - Capex) / Interest Expense	8.64	9.43	9.74	8	5.54
Total Debt / EBITDA	3.21	2.49	2.73	4.25	3.7
Net Debt / EBITDA	3.02	2.36	2.41	-0.44	3.32
Total Debt / (EBITDA - Capex)	3.43	2.68	2.91	4.45	3.85
Net Debt / (EBITDA - Capex)	3.22	2.54	2.57	-0.46	3.45
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	17.59	3.72	15.59	14.31	19.04
Gross Profit, 1 Yr. Growth %	17.2	23.85	13.56	13.27	18.54
EBITDA, 1 Yr. Growth %	18.2	25.96	14.56	18.76	15.58
EBITA, 1 Yr. Growth %	19.57	28.54	14.58	19.55	15.57
EBIT, 1 Yr. Growth %	23.1	32.74	14.12	18.77	10.84
Earnings From Cont. Operations, 1 Yr. Growth %	11.29	16.86	-13.44	52.22	2.18
Net Income, 1 Yr. Growth %	10.75	22.87	-12.99	50.87	2.12
Normalized Net Income, 1 Yr. Growth %	23.7	47.28	14.44	18.2	12.07
Diluted EPS Before Extra, 1 Yr. Growth %	4.05	18.76	-14.84	47.06	-11.69
Accounts Receivable, 1 Yr. Growth %	79.79	37.03	30.07	2.89	32.83
Net Property, Plant and Equip., 1 Yr. Growth %	4.22	7.39	22.08	-8.75	34.92
Total Assets, 1 Yr. Growth %	49.32	16.68	34.56	24.49	9.98
Tangible Book Value, 1 Yr. Growth %	75.67	-9.58	43.46	-162.87	-396.84
Common Equity, 1 Yr. Growth %	37.54	7.47	17.85	87.03	15.71
Cash From Operations, 1 Yr. Growth %	-5.7	24.72	46.17	27.13	-25.28
Capital Expenditures, 1 Yr. Growth %	29.51	42.07	5.97	-26.7	2.11
Levered Free Cash Flow, 1 Yr. Growth %	-1.69	43.53	-24.76	105.73	-60.81
Unlevered Free Cash Flow, 1 Yr. Growth %	0.46	39.48	-21.64	96.01	-50.54
Dividend Per Share, 1 Yr. Growth %	6.67	6.25	7.84	9.09	8.33
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	7.55	10.43	9.49	14.95	16.66
Gross Profit, 2 Yr. CAGR %	15.6	22.38	19.22	15.83	18.93
EBITDA, 2 Yr. CAGR %	30.48	26.17	23.46	19.23	26.07
EBITA, 2 Yr. CAGR %	33.82	28.62	24.96	19.83	27.16
EBIT, 2 Yr. CAGR %	44.74	34.3	27.67	19.97	27.27
Earnings From Cont. Operations, 2 Yr. CAGR %	15.51	14.04	0.57	14.79	24.74
Net Income, 2 Yr. CAGR %	16.44	16.65	3.4	14.58	24.1
Normalized Net Income, 2 Yr. CAGR %	53.75	43.27	35.02	26.8	27.02
Diluted EPS Before Extra, 2 Yr. CAGR %	11.42	11.16	0.57	11.91	13.96
Accounts Receivable, 2 Yr. CAGR %	45.03	56.96	-44.72	15.68	16.9
Net Property, Plant and Equip., 2 Yr. CAGR %	-0.09	5.79	14.5	5.55	10.95
Total Assets, 2 Yr. CAGR %	30.32	32	24.42	29.43	17.01
Tangible Book Value, 2 Yr. CAGR %	21.58	26.03	13.89	-5.03	36.63
Common Equity, 2 Yr. CAGR %	28.47	21.58	12.54	48.46	47.12
Cash From Operations, 2 Yr. CAGR %	19.61	8.45	20.79	36.32	-2.54
Capital Expenditures, 2 Yr. CAGR %	-3.74	35.64	22.7	-11.87	-13.55
Levered Free Cash Flow, 2 Yr. CAGR %	11.69	29.88	27.22	27.37	0.73
Unlevered Free Cash Flow, 2 Yr. CAGR %	11.76	27.85	25.55	26.89	8.82
Dividend Per Share, 2 Yr. CAGR %	5.65	6.46	7.04	8.47	8.71
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	5.92	6.26	12.12	11.07	16.3
Gross Profit, 3 Yr. CAGR %	16.33	18.28	18.84	17.2	16.74
EBITDA, 3 Yr. CAGR %	25.97	28.95	23.86	16.49	18.02
EBITA, 3 Yr. CAGR %	28.53	32.04	25.57	17.35	18.4
EBIT, 3 Yr. CAGR %	35.35	40.62	29.53	17.3	16.84
Earnings From Cont. Operations, 3 Yr. CAGR %	12.21	15.96	4.03	15.47	10.43
Net Income, 3 Yr. CAGR %	12.7	18.55	5.79	17.28	10.27
Normalized Net Income, 3 Yr. CAGR %	40.15	51.56	32.04	29.16	21.68
Diluted EPS Before Extra, 3 Yr. CAGR %	8.73	13.82	1.72	14.15	3.41
Accounts Receivable, 3 Yr. CAGR %	32.18	42.32	-18.1	-32	21.14
Net Property, Plant and Equip., 3 Yr. CAGR %	25.3	2.35	10.97	6.16	14.54
Total Assets, 3 Yr. CAGR %	26.86	25.6	32.22	24.44	22.59
Tangible Book Value, 3 Yr. CAGR %	29.35	10.15	31.59	-6.57	38.87
Common Equity, 3 Yr. CAGR %	23.67	21.05	20.32	33.3	36.63
Cash From Operations, 3 Yr. CAGR %	30.59	21.29	3.98	22.87	11.56
Capital Expenditures, 3 Yr. CAGR %	1.11	9.59	24.93	3.33	-7.41
Levered Free Cash Flow, 3 Yr. CAGR %	12.98	25.39	23.15	44.1	-13.02
Unlevered Free Cash Flow, 3 Yr. CAGR %	13.64	23.68	22.06	41.15	-6.33
Dividend Per Share, 3 Yr. CAGR %	5.39	5.85	6.92	7.72	8.42
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	7.75	6.45	7.33	9.65	13.91
Gross Profit, 5 Yr. CAGR %	13.19	16.38	16.92	16	17.65
EBITDA, 5 Yr. CAGR %	17.95	21.54	24.62	21.57	17.91
EBITA, 5 Yr. CAGR %	19.11	23.51	26.71	23.32	18.83
EBIT, 5 Yr. CAGR %	22.71	27.84	31.72	27.1	18.98
Earnings From Cont. Operations, 5 Yr. CAGR %	17.29	16.64	7.4	15.49	11.86
Net Income, 5 Yr. CAGR %	17.97	18.28	8.88	16.94	12.78
Normalized Net Income, 5 Yr. CAGR %	24.65	32.78	35.38	35.78	24.98
Diluted EPS Before Extra, 5 Yr. CAGR %	14.51	14.48	5.39	13.05	6.45
Accounts Receivable, 5 Yr. CAGR %	41.84	30.52	-6.73	-7.94	-5.57
Net Property, Plant and Equip., 5 Yr. CAGR %	17.88	17.49	20.86	3.61	10.96
Total Assets, 5 Yr. CAGR %	23.75	21.15	25.87	26.76	25.91
Tangible Book Value, 5 Yr. CAGR %	17.98	18.76	22.93	3.81	33.58
Common Equity, 5 Yr. CAGR %	18.79	16.64	19.09	31.35	30.4
Cash From Operations, 5 Yr. CAGR %	21.27	20	21.57	16.74	1.32
Capital Expenditures, 5 Yr. CAGR %	-10	7.18	9.25	0.44	7.87
Levered Free Cash Flow, 5 Yr. CAGR %	16.19	40.03	20.34	32.18	6.97
Unlevered Free Cash Flow, 5 Yr. CAGR %	16.09	35.54	19.86	30.3	10.62
Dividend Per Share, 5 Yr. CAGR %	4.78	5.51	6.05	6.89	7.63