Gallagher Q3 brokerage organic growth slows to 6.0% as adj Ebitdac margin rises 140 bps

Gallagher’s brokerage organic revenue growth slowed to 6.0 percent in Q3 2024 from 7.7 percent in Q2 while the segment’s adjusted Ebitdac margin increased by 140 basis points to 33.6 percent compared to the prior-year period, with diluted net earnings per share of $2.72 coming in well ahead of analysts’ consensus.