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Consolidated Statement of Earnings - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues before reimbursements $ 3,218.1 $ 2,672.9
Reimbursements 38.6 33.2
Total revenues 3,256.7 2,706.1 Close
Compensation 1,725.9 1,415.5
Operating 435.7 382.5
Reimbursements 38.6 33.2
Interest 92.2 67.9
Depreciation 45.4 37.7
Amortization 162.3 121.7
Change in estimated acquisition earnout payables (16.1) 41.8
Total expenses 2,484.0 2,100.3 Close
Earnings before income taxes 772.7 605.8 Close
Provision for income taxes 160.0 119.2 Close
Net earnings 612.7 486.6 Close
Net earnings attributable to noncontrolling interests 4.3 0.1
Net earnings attributable to controlling interests $ 608.4 $ 486.5
Basic net earnings per share $ 2.8 $ 2.29
Diluted net earnings per share 2.74 2.24
Dividends declared per common share $ 0.6 $ 0.55
Commissions [Member]    
Revenues before reimbursements $ 1,993.6 $ 1,747.4
Broker Fees [Member]    
Revenues before reimbursements 951.2 705.7
Supplemental Revenue [Member]    
Revenues before reimbursements 93.9 81.6
Contingent Revenue [Member]    
Revenues before reimbursements 86.0 71.8
Investment Income [Member]    
Revenues before reimbursements $ 93.4 $ 66.4