How did AJG's revenue and expenses trend in Q4 2024?

AJG's revenue and expenses in Q4 2024 are not currently available. However, trends from the preceding quarter (Q3 2024) and annual performance can provide insights. 1. **Revenue Growth**: AJG experienced robust growth in its Brokerage and Risk Management segments in Q3 2024, with a combined 13% increase in revenue. Organic growth was 6% for the combined segments. While specific Q4 2024 revenue figures are not available, the company's strong performance and growth trends suggest a continuation of this trajectory. 2. **Organic Growth Drivers**: The Brokerage segment's growth was primarily driven by life insurance sales, which contributed a 1-point uplift in organic growth. This indicates that AJG's focus on life insurance products was a key factor in its revenue growth during the quarter. 3. **Margin Expansion**: AJG achieved a reported net earnings margin of 15.5% and an adjusted EBITDAC margin of 31.9% in Q3 2024, representing significant year-over-year improvements. These margin expansions suggest that AJG was able to maintain profitability alongside its revenue growth. 4. **Expense Management**: While specific expense figures for Q4 2024 are not available, AJG's total expenses increased by 13% year-over-year in Q3 2024, reaching $2.4 billion. This increase was primarily due to higher compensation, operating, reimbursements, interest, depreciation, and amortization expenses. The company's ability to manage these expenses alongside revenue growth is a positive indicator for its financial health. In conclusion, AJG's revenue likely continued to grow in Q4 2024, driven by strong performance in its Brokerage and Risk Management segments. Margin expansion and effective expense management further support the company's positive financial outlook for the period.