How does AJG's Q1 2025 forecast compare to past quarters?

AJG's Q1 2025 forecast reflects a company that is poised for steady growth, underpinned by strategic acquisitions and strong organic performance. Here's a detailed comparison with past quarters: 1. **Revenue Growth**: The forecasted revenue growth of 37% for FY2025 indicates a robust expansion trajectory, which is a notable increase from the 14.31% growth over the last twelve months. This surge suggests a strong market demand and AJG's ability to capitalize on it. 2. **Earnings Per Share (EPS)**: The revised EPS estimate for 2025 is $10.95, down from the previous $11.65, reflecting the impact of the AssuredPartners acquisition closure. However, the EPS estimate for 2026 is raised to $13.65, indicating confidence in accelerated growth post-acquisition. This trend is positive in the long term, showing AJG's focus on future strength. 3. **Organic Growth**: The company expects a 6-8% organic growth in 2025, which is consistent with the 8.6% and 7.5% increases seen in the first and second quarters of 2024, respectively. This consistency suggests a strong foundation for continued organic growth. 4. **Margin Expansion**: AJG anticipates continued margin expansion, with a higher Brokerage EBITDAC margin for 2025. This is a positive indicator, as it suggests improved profitability from operations. 5. **Strategic Acquisitions**: The recent acquisition of Litchfield Special Risks, Inc. is expected to enhance AJG's presence in the Southwest US and strengthen its capabilities in the transportation and property/casualty sectors. Such moves are likely to boost future revenue and market share. In conclusion, AJG's Q1 2025 forecast demonstrates a company that is not only maintaining but also accelerating its growth trajectory, leveraging strategic moves and strong operational performance.