CompanyGraph
At a glance
- Depends onMidstream position: 6 outgoing, 5 incoming connections
- ScaleMarket cap is $64.07B, higher than 95% of all stocks globally
- PositionReturn on equity is 44.7%, higher than 95% of its Insurance Brokers peers (median 17.1%)
- Interpretations4 currently firing — 4
Sign in to view price data.
Sign inWhat the company actually pays, and whether its own cash supports it.
Dividends view
Yield
1.09%Above 5Y avg (0.77%)
Annual Rate
USD 3.28Paid quarterly
Payout Ratio
16.8%Sustainable
Paying Dividends
27 yr
Last Ex-Dividend
Nov 2, 2026
Next Payment
Nov 13, 2026
The reported statements, read against the company's own industry.
Financials view
Market Capitalization
64.07BUSDvs all stocks (USD)
Trailing P/E
16.73xvs Insurance Brokers peers
Revenue (TTM)
17.58BUSDvs all stocks (USD)
Profit Margin
22.27%vs Insurance Brokers peers
Beta
0.6910xvs all stocks
52-Week Change
-10.33%vs all stocks
Forward Annual Dividend Yield
1.09%vs all stocks
Market Capitalization
64.07BUSDvs all stocks (USD)
Enterprise Value
79.27BUSDvs all stocks (USD)
Trailing P/E
16.73xvs Insurance Brokers peers
Forward P/E
15.01xvs Insurance Brokers peers
PEG Ratio
-4.48xvs Insurance Brokers peers
Price to Sales (TTM)
3.66xvs Insurance Brokers peers
Price to Book (MRQ)
6.70xvs Insurance Brokers peers
Enterprise to Revenue
4.51xvs Insurance Brokers peers
Enterprise to EBITDA
13.44xvs Insurance Brokers peers
Gross Margin
46.51%vs Insurance Brokers peers
Profit Margin
22.27%vs Insurance Brokers peers
Operating Margin
23.46%vs Insurance Brokers peers
Return on Assets (TTM)
5.83%vs Insurance Brokers peers
Return on Equity (TTM)
44.70%vs Insurance Brokers peers
Revenue (TTM)
17.58BUSDvs all stocks (USD)
Revenue per Share (TTM)
81.89USDUpdated Oct 26, 2026Quarterly Revenue Growth
2.20%vs Insurance Brokers peers
Gross Profit (TTM)
8.46BUSDvs all stocks (USD)
EBITDA (TTM)
5.86BUSDvs all stocks (USD)
Net Income (TTM)
3.91BUSDvs all stocks (USD)
Quarterly Earnings Growth (YoY)
-4.80%vs Insurance Brokers peers
Operating Cash Flow (TTM)
3.53BUSDvs all stocks (USD)
Levered Free Cash Flow (TTM)
3.19BUSDvs all stocks (USD)
Forward Annual Dividend Rate
3.28USDUpdated Oct 26, 2026Forward Annual Dividend Yield
1.09%vs all stocks
Trailing Annual Dividend Rate
3.13USDUpdated Oct 26, 2026Trailing Annual Dividend Yield
1.04%vs all stocks
5-Year Average Dividend Yield
0.77%vs all stocks
Payout Ratio
16.84%vs Insurance Brokers peers
Minority Interest (Equity)
196.00MUSDFY2025 · Dec 31, 2025Revenue
17.18BUSDFY2025 · Dec 31, 2025Cost of Goods Sold
8.98BUSDFY2025 · Dec 31, 2025Gross Profit
8.20BUSDFY2025 · Dec 31, 2025Operating Income
4.71BUSDvs all stocks (USD)
Pre-tax Income
4.76BUSDFY2025 · Dec 31, 2025Income Tax Expense
1.01BUSDFY2025 · Dec 31, 2025Net Income
3.75BUSDFY2025 · Dec 31, 2025EBIT
5.57BUSDFY2025 · Dec 31, 2025EBITDA (Income Statement)
5.62BUSDFY2025 · Dec 31, 2025Selling, General & Administrative
1.95BUSDFY2025 · Dec 31, 2025Other Operating Expenses
568.00MUSDFY2025 · Dec 31, 2025Non-operating Interest Income
19.00MUSDFY2025 · Dec 31, 2025Non-operating Interest Expense
815.00MUSDFY2025 · Dec 31, 2025EPS (Basic)
17.11USDFY2025 · Dec 31, 2025EPS (Diluted)
17.02USDFY2025 · Dec 31, 2025Basic Shares Outstanding
215.90MSharesFY2025 · Dec 31, 2025Diluted Shares Outstanding
215.90MSharesFY2025 · Dec 31, 2025Net Income from Continuing Operations
3.75BUSDFY2025 · Dec 31, 2025Minority Interests (P&L)
-55.00MUSDFY2025 · Dec 31, 2025Operating Cash Flow
4.84BUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents (End of Period)
8.57BUSDFY2025 · Dec 31, 2025Interest Paid
796.00MUSDFY2025 · Dec 31, 2025Starting Profit (CF Statement)
3.75BUSDFY2025 · Dec 31, 2025Depreciation & Amortization
966.00MUSDFY2025 · Dec 31, 2025Deferred Taxes (CF)
-141.00MUSDFY2025 · Dec 31, 2025Stock-based Compensation
432.00MUSDFY2025 · Dec 31, 2025Other Non-cash Items
-133.00MUSDFY2025 · Dec 31, 2025Change in Accounts Receivable (CF)
-257.00MUSDFY2025 · Dec 31, 2025Change in Other Assets/Liabilities
220.00MUSDFY2025 · Dec 31, 2025Net Acquisitions
1.96BUSDFY2025 · Dec 31, 2025Purchase of Investments
-1.55BUSDFY2025 · Dec 31, 2025Sale of Investments
145.00MUSDFY2025 · Dec 31, 2025Net Investing Cash Flow
549.00MUSDFY2025 · Dec 31, 2025Long-term Debt Issuance
0.00USDFY2025 · Dec 31, 2025Long-term Debt Payments
-1.85BUSDFY2025 · Dec 31, 2025Net Short-term Debt Issuance
-24.00MUSDFY2025 · Dec 31, 2025Common Stock Repurchase
-1.00BUSDFY2025 · Dec 31, 2025Common Dividends Paid
-629.00MUSDFY2025 · Dec 31, 2025Other Financing Charges
-772.00MUSDFY2025 · Dec 31, 2025Net Financing Cash Flow
-4.21BUSDFY2025 · Dec 31, 2025Shares Outstanding
213.60MSharesUpdated Oct 26, 2026Float Shares
209.31MSharesUpdated Oct 26, 2026Shares Short
4.22MSharesUpdated Oct 26, 2026Short Ratio
1.86daysvs all stocks
Short % of Shares Outstanding
2.01%vs all stocks
% Held by Insiders
1.01%vs all stocks
% Held by Institutions
92.84%vs all stocks
Total Cash (MRQ)
1.10BUSDvs all stocks (USD)
Total Cash per Share (MRQ)
5.17USDUpdated Oct 26, 2026Total Debt (MRQ)
15.87BUSDvs all stocks (USD)
Total Debt to Equity (MRQ)
1.63xvs Insurance Brokers peers
Current Ratio (MRQ)
1.03xvs Insurance Brokers peers
Book Value per Share (MRQ)
45.27USDUpdated Oct 26, 2026Total Assets
50.78BUSDvs all stocks (USD)
Total Current Assets
25.77BUSDFY2025 · Dec 31, 2025Total Liabilities
41.24BUSDFY2025 · Dec 31, 2025Total Non-current Assets
25.01BUSDFY2025 · Dec 31, 2025Total Non-current Liabilities
18.01BUSDFY2025 · Dec 31, 2025Total Current Liabilities
23.23BUSDFY2025 · Dec 31, 2025Cash & Cash Equivalents
1.20BUSDFY2025 · Dec 31, 2025Other Short-term Investments
1.60BUSDFY2025 · Dec 31, 2025Accounts Receivable
4.21BUSDFY2025 · Dec 31, 2025Accounts Payable
2.86BUSDFY2025 · Dec 31, 2025Short-term Debt
770.00MUSDFY2025 · Dec 31, 2025Deferred Revenue
259.00MUSDFY2025 · Dec 31, 2025Other Current Liabilities
19.03BUSDFY2025 · Dec 31, 2025Long-term Debt
15.30BUSDFY2025 · Dec 31, 2025Other Non-current Liabilities
181.00MUSDFY2025 · Dec 31, 2025Common Stock (Book)
2.00MUSDFY2025 · Dec 31, 2025Retained Earnings
-245.00MUSDFY2025 · Dec 31, 2025Total Shareholders' Equity
9.55BUSDvs all stocks (USD)
52-Week Low
266.33USDUpdated Oct 26, 202652-Week High
382.34USDUpdated Oct 26, 202652-Week Change
-10.33%vs all stocks
Beta
0.6910xvs all stocks
50-Day MA
305.76USDUpdated Oct 26, 2026200-Day MA
326.66USDUpdated Oct 26, 2026Avg 10-Day Volume
1.58MSharesUpdated Oct 26, 2026Avg 30-Day Volume
1.95MSharesUpdated Oct 26, 2026Diluted EPS (TTM)
18.14USDUpdated Oct 26, 2026Other Income / Expense
846.00MUSDFY2025 · Dec 31, 20254 interpretations currently present — each is a set of fired observations whose alignment reads as one structural pattern. Click an observation to see the numbers behind it.
Screen for these patternsHow does this company use capital?
Diagnostic
Elevated ROE With High Debt-to-Equity and Equity Multiplier
Return on equity reads high on a balance sheet carrying a lot of debt against that equity.
Reads
Revenue Growing With Receivables Growing
Revenue has risen three years, and what customers owe has risen with it.
Reads
Is this company growing?
Multi-Year Revenue, Profit, And Income Growth
Revenue has risen in each of three years, gross profit in each of four, and it has made a profit in all five.
Reads
Where is this company structurally exposed?
Elevated Leverage on Three Denominators
Debt sits high against its equity, its assets, and its cash flow.
Reads
An interpretation is present only while every observation it reads stays fired (score ≥ 70). It describes what the aligned readings show — never a verdict, never a prediction.
Shared structure with peers — never a ranking.
Relationships view
Structural observations derived from financial data, industry benchmarks, and supply chain position.
Peer Positioning
Return on equity is 44.7%, higher than 95% of its Insurance Brokers peers (median 17.1%)Significant
Return on equity: 0.45Industry median: 0.17Industry P95: 0.36Peers compared: 20.00
Financial Health
High earnings qualityNotable
Earnings Quality Score: 0.95
High structural barrier to entryNotable
Barrier to Entry: 0.54
Supply Chain
Midstream position: 6 outgoing, 5 incoming connectionsNotable
Outgoing: 6.00Incoming: 5.00
High connectivity hub: 11 industry connectionsNotable
Total Connections: 11.00
Scale
Market cap is $64.07B, higher than 95% of all stocks globallySignificant
Market cap (USD): 64,074,608,169Global P95: 25,994,381,698
Revenue is $17.58B, higher than 95% of all stocks globallySignificant
Revenue (USD): 17,577,000,960Global P95: 15,439,399,680
Levered free cash flow is $3.19B, higher than 95% of all stocks globallySignificant
Levered free cash flow (USD): 3,190,874,880Global P95: 1,233,976,520.5
Companies that share the same coordination system — how they create, deliver, or capture value.
Arthur J. Gallagher & Co.
Tier 1InterfaceExpertise LeverageFlowSenseMaking
AppLovin Corporation Class A Common Stock
Tier 1InterfaceExpertise LeverageFlowAttention
Marsh & McLennan Companies, Inc.
Tier 1InterfaceExpertise LeverageFlowRisk
Marsh & McLennan Companies, Inc.
Tier 1InterfaceExpertise LeverageFlowRisk
CBRE Group Inc.
Tier 1InterfaceExpertise LeverageSenseMakingFlow
Willis Towers Watson Public Limited Company
Tier 1InterfaceExpertise LeverageRiskSenseMaking
Amadeus IT Group S.A.
Tier 1InterfaceExpertise LeverageFlowProduction
Brown & Brown Inc.
Tier 1InterfaceExpertise LeverageFlowSenseMaking
Roku, Inc.
Tier 1InterfaceExpertise LeverageAttentionFlow
Jones Lang LaSalle Inc.
Tier 1InterfaceExpertise LeverageSenseMakingFlow
Companies that share active interpretations — structural patterns currently present in both stocks.
Marex Group plc
4 interpretationsElevated Leverage on Three DenominatorsElevated ROE With High Debt-to-Equity and Equity MultiplierRevenue Growing With Receivables GrowingMulti-Year Revenue, Profit, And Income Growth
Oracle Corporation
4 interpretationsElevated Leverage on Three DenominatorsElevated ROE With High Debt-to-Equity and Equity MultiplierRevenue Growing With Receivables GrowingMulti-Year Revenue, Profit, And Income Growth
Red Rock Resorts Inc.
4 interpretationsElevated Leverage on Three DenominatorsElevated ROE With High Debt-to-Equity and Equity MultiplierRevenue Growing With Receivables GrowingMulti-Year Revenue, Profit, And Income Growth