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Consolidated Statement of Earnings - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues before reimbursements $ 3,688.4 $ 3,218.1
Reimbursements 39.0 38.6
Total revenues 3,727.4 3,256.7
Compensation 1,897.7 1,725.9
Operating 490.4 435.7
Reimbursements 39.0 38.6
Interest 158.4 92.2
Depreciation 44.1 45.4
Amortization 209.3 162.3
Change in estimated acquisition earnout payables 15.8 (16.1)
Total expenses 2,854.7 2,484.0
Earnings before income taxes 872.7 772.7
Provision for income taxes 163.8 160.0
Net earnings 708.9 612.7
Net earnings (loss) attributable to noncontrolling interests 4.5 4.3
Net earnings attributable to controlling interests $ 704.4 $ 608.4
Basic net earnings per share $ 2.76 $ 2.8
Diluted net earnings per share 2.72 2.74
Dividends declared per common share $ 0.65 $ 0.6
Commissions [Member]    
Revenues before reimbursements $ 2,249.2 $ 1,993.6
Broker Fees [Member]    
Revenues before reimbursements 984.8 951.2
Supplemental Revenue [Member]    
Revenues before reimbursements 113.9 93.9
Contingent Revenue [Member]    
Revenues before reimbursements 92.9 86.0
Investment Income [Member]    
Revenues before reimbursements $ 247.6 $ 93.4