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A Global Insurance Behemoth That You Need to Know About

Posted: 12/13/2023

Slideshow

This week, Zacks Equity Strategist Mayur Thaker, CFA discusses:

โ€ข Arthur J. Gallagher & Co. (AJG), one the largest insurance brokerage and risk management consulting firms in the world. While they are a huge company, employing more than 50,000 people, they are not a household name like Allstate or Progressive, because they are not underwriters (and not really a consumer-facing company).

โ€ข Mayur chose to analyze Gallagher this week because he believes this company offers an excellent example of earnings quality. In fact, Gallagher was recently added to the Zacks Earnings Certain Portfolio (ECP). Mayur illustrates his point by walking through the 4 big metrics of quality: Linearity, Growth, Return on Invested Capital, and Free Cash Flow Conversion.

โ€ข See how Gallagher measures up on these metrics as Mayur explores the relevant numbers and charts. It’s your chance to learn more about a remarkably high-quality company that is not well-known among the general public. Don’t miss this week’s webinar for a deep dive into this global insurance behemoth.