Arthur J. Gallagher & Co. Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 1994
Net Income	969.5	1,114	906.8	818.8	668.8	633.5	481.3	396.8	356.8	303.4	Upgrade
Depreciation & Amortization	696.5	599.6	566.3	562.4	474.4	419	385.8	350.8	334.2	258.9	Upgrade
Share-Based Compensation	136.5	109.8	82.3	74.5	61.2	55.3	50.8	43.2	33.9	33.5	Upgrade
Other Operating Activities	229.2	-433.6	-163	351.4	-13.3	-342.7	-63.7	-141.2	-38.8	-159.2	Upgrade
Operating Cash Flow	2,032	1,390	1,392	1,807	1,191	765.1	854.2	649.6	686.1	436.6	Upgrade
Operating Cash Flow Growth	46.17%	-0.17%	-22.95%	51.72%	55.68%	-10.43%	31.50%	-5.32%	57.15%	17.21%	Upgrade
Capital Expenditures	-193.6	-182.7	-128.6	-99.3	-138.8	-124.4	-129.2	-217.8	-99	-81.5	Upgrade
Acquisitions	-3,032	-753.9	-3,235.2	-316.1	-1,185.8	-770.3	-372.9	-235.6	-240.4	-1,910.1	Upgrade
Change in Investments	-67.4	-68.2	-67.9	-56	-123.9	-15.6	-8.9	-31.9	-29.5	-20.1	Upgrade
Investing Cash Flow	-3,293	-1,004.8	-3,431.7	-471.4	-1,448.5	-910.3	-511	-485.3	-368.9	-2,011.7	Upgrade
Dividends Paid	-473.6	-429.5	-392	-347.4	-321.1	-301.8	-282.7	-272.2	-257.5	-223.1	Upgrade
Share Issuance / Repurchase	120.2	123.1	1,547	111.9	101.2	70.6	42.7	-55.4	203.3	997	Upgrade
Debt Issued / Paid	1,861	-161.2	1,759	-79.1	999.2	507.9	260.6	396.8	78.9	817	Upgrade
Other Financing Activities	1,367	680.2	82.1	-190.5	-140.9	-114.7	-68.4	-80.8	-56.4	-27.4	Upgrade
Financing Cash Flow	2,874	212.6	2,996	-505.1	638.4	162	-47.8	-11.6	-31.7	1,564	Upgrade
Exchange Rate Effect	-33.5	-99.9	-64.5	119.8	6.1	-85	72	-107.6	-75	27.9	Upgrade
Net Cash Flow	1,579	497.9	892	950.4	387.1	-68.2	367.4	45.1	210.5	16.3	Upgrade
Free Cash Flow	1,838	1,207	1,264	1,708	1,052	640.7	725	431.8	587.1	355.1	Upgrade
Free Cash Flow Growth	52.25%	-4.47%	-26.00%	62.29%	64.24%	-11.63%	67.90%	-26.45%	65.33%	27.32%	Upgrade
Free Cash Flow Margin	18.25%	14.12%	15.39%	24.38%	14.63%	9.24%	11.60%	7.60%	10.89%	7.68%	Upgrade
Free Cash Flow Per Share	8.51	5.73	6.10	8.88	5.64	3.49	4.01	2.43	3.32	2.20	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).