{
  "ticker": {
    "uuid": "bbc6b523-5089-418e-b2ff-7e14496df115",
    "symbol": "AJG",
    "name": "Arthur J Gallagher & Co",
    "exchange": "NYSE",
    "exchange_name": "NYSE",
    "country": "US",
    "currency": "USD",
    "sector": "Financial Services",
    "industry": "Insurance Brokers",
    "page_url": "https://sharemaestro.com/factors/ticker/bbc6b523-5089-418e-b2ff-7e14496df115/",
    "api_url": "https://sharemaestro.com/factors/api/tickers/bbc6b523-5089-418e-b2ff-7e14496df115/"
  },
  "latest_snapshot": {
    "ticker": {
      "uuid": "bbc6b523-5089-418e-b2ff-7e14496df115",
      "symbol": "AJG",
      "name": "Arthur J Gallagher & Co",
      "exchange": "NYSE",
      "exchange_name": "NYSE",
      "country": "US",
      "currency": "USD",
      "sector": "Financial Services",
      "industry": "Insurance Brokers",
      "page_url": "https://sharemaestro.com/factors/ticker/bbc6b523-5089-418e-b2ff-7e14496df115/",
      "api_url": "https://sharemaestro.com/factors/api/tickers/bbc6b523-5089-418e-b2ff-7e14496df115/"
    },
    "week_end_date": "2026-07-26",
    "universe": "USD_US",
    "score": {
      "os": 0.1,
      "value": 0.11,
      "quality": 0.74,
      "momentum": 0.14,
      "coverage": 0.97,
      "confidence": 0.929,
      "delta": 0
    },
    "headline_factors": {
      "price": 247.77,
      "market_cap": 63662519340,
      "pe_ratio": 39.5051,
      "earnings_yield": 0.0423,
      "ebitda_to_ev": 0.0613,
      "shareholder_yield": 0.0075,
      "roe": 0.0678,
      "piotroski_f_score": 6,
      "momentum_12_1": -0.2748,
      "volatility_252d": 0.3216
    },
    "strategy_flags": {
      "market_leader": false,
      "cornerstone_value": false,
      "cornerstone_growth": false,
      "tiny_titan": false,
      "all_cap_buyback": false,
      "small_cap_core": false,
      "veiled_value": false,
      "earnings_consistent_5y": false
    },
    "factor_groups": {
      "valuation": {
        "pe_ratio": 39.5051,
        "ev_ebitda": 16.3114,
        "earnings_yield": 0.0423,
        "fcf_yield": 0.0342,
        "shareholder_yield": 0.0075
      },
      "quality": {
        "roe": 0.0678,
        "roic": 0.0903,
        "gross_margin": 0.6599,
        "fcf_margin": 0.1448,
        "piotroski_f_score": 6
      },
      "growth": {
        "revenue_growth_1y": 0.245,
        "eps_growth_1y": 0.0339,
        "fcf_growth_1y": -0.2273
      },
      "momentum": {
        "price_return_12m": -0.2049,
        "momentum_12_1": -0.2748,
        "relative_strength": -0.3733
      },
      "scores": {
        "value_percentile": 0.11,
        "quality_percentile": 0.74,
        "momentum_percentile": 0.14,
        "growth_composite": 23,
        "yield_composite": 81,
        "overall_composite": 90,
        "os_score": 0.1,
        "factor_coverage": 0.97,
        "signal_confidence": 0.929
      }
    }
  },
  "factor_history": [
    {
      "week_end_date": "2026-06-07",
      "price": 216.14,
      "os": 0.11,
      "value": 0.17,
      "quality": 0.71,
      "momentum": 0.09,
      "confidence": 0.97,
      "coverage": 0.97,
      "pe_ratio": 34.462,
      "earnings_yield": 0.0485,
      "shareholder_yield": 0.0085,
      "roe": 0.0678,
      "momentum_12_1": -0.3903
    },
    {
      "week_end_date": "2026-06-14",
      "price": 218.69,
      "os": 0.12,
      "value": 0.17,
      "quality": 0.7,
      "momentum": 0.14,
      "confidence": 0.97,
      "coverage": 0.97,
      "pe_ratio": 34.8685,
      "earnings_yield": 0.0479,
      "shareholder_yield": 0.0084,
      "roe": 0.0678,
      "momentum_12_1": -0.3635
    },
    {
      "week_end_date": "2026-06-21",
      "price": 214.06,
      "os": 0.11,
      "value": 0.17,
      "quality": 0.74,
      "momentum": 0.08,
      "confidence": 0.97,
      "coverage": 0.97,
      "pe_ratio": 34.1303,
      "earnings_yield": 0.0489,
      "shareholder_yield": 0.0086,
      "roe": 0.0678,
      "momentum_12_1": -0.3554
    },
    {
      "week_end_date": "2026-06-28",
      "price": 226.01,
      "os": 0.14,
      "value": 0.16,
      "quality": 0.76,
      "momentum": 0.15,
      "confidence": 0.97,
      "coverage": 0.97,
      "pe_ratio": 36.0357,
      "earnings_yield": 0.0463,
      "shareholder_yield": 0.0082,
      "roe": 0.0678,
      "momentum_12_1": -0.362
    },
    {
      "week_end_date": "2026-07-05",
      "price": 252.44,
      "os": 0.11,
      "value": 0.12,
      "quality": 0.76,
      "momentum": 0.14,
      "confidence": 0.961,
      "coverage": 0.97,
      "pe_ratio": 40.2497,
      "earnings_yield": 0.0415,
      "shareholder_yield": 0.0073,
      "roe": 0.0678,
      "momentum_12_1": -0.3129
    },
    {
      "week_end_date": "2026-07-12",
      "price": 253.09,
      "os": 0.08,
      "value": 0.11,
      "quality": 0.72,
      "momentum": 0.07,
      "confidence": 0.951,
      "coverage": 0.97,
      "pe_ratio": 40.3534,
      "earnings_yield": 0.0414,
      "shareholder_yield": 0.0073,
      "roe": 0.0678,
      "momentum_12_1": -0.2901
    },
    {
      "week_end_date": "2026-07-19",
      "price": 253.9,
      "os": 0.1,
      "value": 0.11,
      "quality": 0.73,
      "momentum": 0.13,
      "confidence": 0.94,
      "coverage": 0.97,
      "pe_ratio": 40.4825,
      "earnings_yield": 0.0412,
      "shareholder_yield": 0.0073,
      "roe": 0.0678,
      "momentum_12_1": -0.3087
    },
    {
      "week_end_date": "2026-07-26",
      "price": 247.77,
      "os": 0.1,
      "value": 0.11,
      "quality": 0.74,
      "momentum": 0.14,
      "confidence": 0.929,
      "coverage": 0.97,
      "pe_ratio": 39.5051,
      "earnings_yield": 0.0423,
      "shareholder_yield": 0.0075,
      "roe": 0.0678,
      "momentum_12_1": -0.2748
    }
  ],
  "financial_periods": {
    "annual": [
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 13941800000,
          "cost_of_revenue": 6308500000,
          "gross_profit": 7633300000,
          "ebit": 2538700000,
          "ebitda": 3661200000,
          "pretax_income": 1871000000,
          "tax_provision": 368300000,
          "net_income": 1493900000,
          "net_income_to_common": 1493900000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1396000000,
          "total_current_assets": 34356000000,
          "total_assets": 70665000000,
          "short_term_debt": 866000000,
          "long_term_debt": 12104000000,
          "total_debt": 14000000000,
          "total_liabilities": 47318000000,
          "total_equity": 23321000000,
          "shares_outstanding": 260344827,
          "goodwill_and_intangibles": 33277000000
        },
        "cash_flow": {
          "operating_cash_flow": 1930000000,
          "capital_expenditure": 145000000,
          "free_cash_flow": 2075000000,
          "dividends_paid": 667000000,
          "share_repurchases": null,
          "shares_issued": 1499000000,
          "net_debt_issued": -212000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 13941800000,
          "cost_of_revenue": 6308500000,
          "gross_profit": 7633300000,
          "ebit": 2538700000,
          "ebitda": 3661200000,
          "pretax_income": 1871000000,
          "tax_provision": 368300000,
          "net_income": 1493900000,
          "net_income_to_common": 1493900000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1396000000,
          "total_current_assets": 34356000000,
          "total_assets": 70665000000,
          "short_term_debt": 866000000,
          "long_term_debt": 12104000000,
          "total_debt": 14000000000,
          "total_liabilities": 47318000000,
          "total_equity": 23321000000,
          "shares_outstanding": 260344827,
          "goodwill_and_intangibles": 33277000000
        },
        "cash_flow": {
          "operating_cash_flow": 1930000000,
          "capital_expenditure": 145000000,
          "free_cash_flow": 2075000000,
          "dividends_paid": 667000000,
          "share_repurchases": null,
          "shares_issued": 1499000000,
          "net_debt_issued": -212000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 13941800000,
          "cost_of_revenue": 6308500000,
          "gross_profit": 7633300000,
          "ebit": 2538700000,
          "ebitda": 3661200000,
          "pretax_income": 1871000000,
          "tax_provision": 368300000,
          "net_income": 1493900000,
          "net_income_to_common": 1493900000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1396000000,
          "total_current_assets": 34356000000,
          "total_assets": 70665000000,
          "short_term_debt": 866000000,
          "long_term_debt": 12104000000,
          "total_debt": 14000000000,
          "total_liabilities": 47318000000,
          "total_equity": 23321000000,
          "shares_outstanding": 260344827,
          "goodwill_and_intangibles": 33277000000
        },
        "cash_flow": {
          "operating_cash_flow": 1930000000,
          "capital_expenditure": 145000000,
          "free_cash_flow": 2075000000,
          "dividends_paid": 667000000,
          "share_repurchases": null,
          "shares_issued": 1499000000,
          "net_debt_issued": -212000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 13941800000,
          "cost_of_revenue": 6308500000,
          "gross_profit": 7633300000,
          "ebit": 2538700000,
          "ebitda": 3661200000,
          "pretax_income": 1871000000,
          "tax_provision": 368300000,
          "net_income": 1493900000,
          "net_income_to_common": 1493900000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1396000000,
          "total_current_assets": 34356000000,
          "total_assets": 70665000000,
          "short_term_debt": 866000000,
          "long_term_debt": 12104000000,
          "total_debt": 14000000000,
          "total_liabilities": 47318000000,
          "total_equity": 23321000000,
          "shares_outstanding": 260344827,
          "goodwill_and_intangibles": 33277000000
        },
        "cash_flow": {
          "operating_cash_flow": 1930000000,
          "capital_expenditure": 145000000,
          "free_cash_flow": 2075000000,
          "dividends_paid": 667000000,
          "share_repurchases": null,
          "shares_issued": 1499000000,
          "net_debt_issued": -212000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 13941800000,
          "cost_of_revenue": 6308500000,
          "gross_profit": 7633300000,
          "ebit": 2538700000,
          "ebitda": 3661200000,
          "pretax_income": 1871000000,
          "tax_provision": 368300000,
          "net_income": 1493900000,
          "net_income_to_common": 1493900000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1396000000,
          "total_current_assets": 34356000000,
          "total_assets": 70665000000,
          "short_term_debt": 866000000,
          "long_term_debt": 12104000000,
          "total_debt": 14000000000,
          "total_liabilities": 47318000000,
          "total_equity": 23321000000,
          "shares_outstanding": 260344827,
          "goodwill_and_intangibles": 33277000000
        },
        "cash_flow": {
          "operating_cash_flow": 1930000000,
          "capital_expenditure": 145000000,
          "free_cash_flow": 2075000000,
          "dividends_paid": 667000000,
          "share_repurchases": null,
          "shares_issued": 1499000000,
          "net_debt_issued": -212000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 13941800000,
          "cost_of_revenue": 6308500000,
          "gross_profit": 7633300000,
          "ebit": 2538700000,
          "ebitda": 3661200000,
          "pretax_income": 1871000000,
          "tax_provision": 368300000,
          "net_income": 1493900000,
          "net_income_to_common": 1493900000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1396000000,
          "total_current_assets": 34356000000,
          "total_assets": 70665000000,
          "short_term_debt": 866000000,
          "long_term_debt": 12104000000,
          "total_debt": 14000000000,
          "total_liabilities": 47318000000,
          "total_equity": 23321000000,
          "shares_outstanding": 260344827,
          "goodwill_and_intangibles": 33277000000
        },
        "cash_flow": {
          "operating_cash_flow": 1930000000,
          "capital_expenditure": 145000000,
          "free_cash_flow": 2075000000,
          "dividends_paid": 667000000,
          "share_repurchases": null,
          "shares_issued": 1499000000,
          "net_debt_issued": -212000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "annual",
        "fiscal_year": 2025,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 13941800000,
          "cost_of_revenue": 6308500000,
          "gross_profit": 7633300000,
          "ebit": 2538700000,
          "ebitda": 3661200000,
          "pretax_income": 1871000000,
          "tax_provision": 368300000,
          "net_income": 1493900000,
          "net_income_to_common": 1493900000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1396000000,
          "total_current_assets": 34356000000,
          "total_assets": 70665000000,
          "short_term_debt": 866000000,
          "long_term_debt": 12104000000,
          "total_debt": 14000000000,
          "total_liabilities": 47318000000,
          "total_equity": 23321000000,
          "shares_outstanding": 260344827,
          "goodwill_and_intangibles": 33277000000
        },
        "cash_flow": {
          "operating_cash_flow": 1930000000,
          "capital_expenditure": 145000000,
          "free_cash_flow": 2075000000,
          "dividends_paid": 667000000,
          "share_repurchases": null,
          "shares_issued": 1499000000,
          "net_debt_issued": -212000000
        }
      },
      {
        "period_end_date": "2024-12-31",
        "period_type": "annual",
        "fiscal_year": 2024,
        "fiscal_quarter": null,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 11554900000,
          "cost_of_revenue": 6676600000,
          "gross_profit": 4878300000,
          "ebit": 2256100000,
          "ebitda": 3098400000,
          "pretax_income": 1874800000,
          "tax_provision": 404400000,
          "net_income": 1462700000,
          "net_income_to_common": 1462700000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 14987300000,
          "total_current_assets": 44113300000,
          "total_assets": 64255200000,
          "short_term_debt": 425200000,
          "long_term_debt": 12731900000,
          "total_debt": 13485200000,
          "total_liabilities": 44075600000,
          "total_equity": 20153500000,
          "shares_outstanding": 223900000,
          "goodwill_and_intangibles": 16800300000
        },
        "cash_flow": {
          "operating_cash_flow": 2582900000,
          "capital_expenditure": 141900000,
          "free_cash_flow": 2724800000,
          "dividends_paid": 525400000,
          "share_repurchases": null,
          "shares_issued": 8507000000,
          "net_debt_issued": 5267000000
        }
      }
    ],
    "quarterly": [
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4758000000,
          "cost_of_revenue": 720000000,
          "gross_profit": 4038000000,
          "ebit": 1201000000,
          "ebitda": 1540000000,
          "pretax_income": 1043000000,
          "tax_provision": 220000000,
          "net_income": 822000000,
          "net_income_to_common": 822000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1413000000,
          "total_current_assets": 42019000000,
          "total_assets": 78301000000,
          "short_term_debt": 640000000,
          "long_term_debt": 12077000000,
          "total_debt": 1139000000,
          "total_liabilities": 54499000000,
          "total_equity": 23775000000,
          "shares_outstanding": 259815999,
          "goodwill_and_intangibles": 33324000000
        },
        "cash_flow": {
          "operating_cash_flow": 957000000,
          "capital_expenditure": 36000000,
          "free_cash_flow": 993000000,
          "dividends_paid": 180000000,
          "share_repurchases": -310000000,
          "shares_issued": 55000000,
          "net_debt_issued": -29000000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4758000000,
          "cost_of_revenue": 720000000,
          "gross_profit": 4038000000,
          "ebit": 1201000000,
          "ebitda": 1540000000,
          "pretax_income": 1043000000,
          "tax_provision": 220000000,
          "net_income": 822000000,
          "net_income_to_common": 822000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1413000000,
          "total_current_assets": 42019000000,
          "total_assets": 78301000000,
          "short_term_debt": 640000000,
          "long_term_debt": 12077000000,
          "total_debt": 1139000000,
          "total_liabilities": 54499000000,
          "total_equity": 23775000000,
          "shares_outstanding": 259815999,
          "goodwill_and_intangibles": 33324000000
        },
        "cash_flow": {
          "operating_cash_flow": 957000000,
          "capital_expenditure": 36000000,
          "free_cash_flow": 993000000,
          "dividends_paid": 180000000,
          "share_repurchases": -310000000,
          "shares_issued": 55000000,
          "net_debt_issued": -29000000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4758000000,
          "cost_of_revenue": 720000000,
          "gross_profit": 4038000000,
          "ebit": 1201000000,
          "ebitda": 1540000000,
          "pretax_income": 1043000000,
          "tax_provision": 220000000,
          "net_income": 822000000,
          "net_income_to_common": 822000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1413000000,
          "total_current_assets": 42019000000,
          "total_assets": 78301000000,
          "short_term_debt": 640000000,
          "long_term_debt": 12077000000,
          "total_debt": 1139000000,
          "total_liabilities": 54499000000,
          "total_equity": 23775000000,
          "shares_outstanding": 259815999,
          "goodwill_and_intangibles": 33324000000
        },
        "cash_flow": {
          "operating_cash_flow": 957000000,
          "capital_expenditure": 36000000,
          "free_cash_flow": 993000000,
          "dividends_paid": 180000000,
          "share_repurchases": -310000000,
          "shares_issued": 55000000,
          "net_debt_issued": -29000000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4758000000,
          "cost_of_revenue": 720000000,
          "gross_profit": 4038000000,
          "ebit": 1201000000,
          "ebitda": 1540000000,
          "pretax_income": 1043000000,
          "tax_provision": 220000000,
          "net_income": 822000000,
          "net_income_to_common": 822000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1413000000,
          "total_current_assets": 42019000000,
          "total_assets": 78301000000,
          "short_term_debt": 640000000,
          "long_term_debt": 12077000000,
          "total_debt": 1139000000,
          "total_liabilities": 54499000000,
          "total_equity": 23775000000,
          "shares_outstanding": 259815999,
          "goodwill_and_intangibles": 33324000000
        },
        "cash_flow": {
          "operating_cash_flow": 957000000,
          "capital_expenditure": 36000000,
          "free_cash_flow": 993000000,
          "dividends_paid": 180000000,
          "share_repurchases": -310000000,
          "shares_issued": 55000000,
          "net_debt_issued": -29000000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4758000000,
          "cost_of_revenue": 720000000,
          "gross_profit": 4038000000,
          "ebit": 1201000000,
          "ebitda": 1540000000,
          "pretax_income": 1043000000,
          "tax_provision": 220000000,
          "net_income": 822000000,
          "net_income_to_common": 822000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1413000000,
          "total_current_assets": 42019000000,
          "total_assets": 78301000000,
          "short_term_debt": 640000000,
          "long_term_debt": 12077000000,
          "total_debt": 1139000000,
          "total_liabilities": 54499000000,
          "total_equity": 23775000000,
          "shares_outstanding": 259815999,
          "goodwill_and_intangibles": 33324000000
        },
        "cash_flow": {
          "operating_cash_flow": 957000000,
          "capital_expenditure": 36000000,
          "free_cash_flow": 993000000,
          "dividends_paid": 180000000,
          "share_repurchases": -310000000,
          "shares_issued": 55000000,
          "net_debt_issued": -29000000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4758000000,
          "cost_of_revenue": 720000000,
          "gross_profit": 4038000000,
          "ebit": 1201000000,
          "ebitda": 1540000000,
          "pretax_income": 1043000000,
          "tax_provision": 220000000,
          "net_income": 822000000,
          "net_income_to_common": 822000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1413000000,
          "total_current_assets": 42019000000,
          "total_assets": 78301000000,
          "short_term_debt": 640000000,
          "long_term_debt": 12077000000,
          "total_debt": 1139000000,
          "total_liabilities": 54499000000,
          "total_equity": 23775000000,
          "shares_outstanding": 259815999,
          "goodwill_and_intangibles": 33324000000
        },
        "cash_flow": {
          "operating_cash_flow": 957000000,
          "capital_expenditure": 36000000,
          "free_cash_flow": 993000000,
          "dividends_paid": 180000000,
          "share_repurchases": -310000000,
          "shares_issued": 55000000,
          "net_debt_issued": -29000000
        }
      },
      {
        "period_end_date": "2026-03-31",
        "period_type": "quarterly",
        "fiscal_year": 2026,
        "fiscal_quarter": 1,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 4758000000,
          "cost_of_revenue": 720000000,
          "gross_profit": 4038000000,
          "ebit": 1201000000,
          "ebitda": 1540000000,
          "pretax_income": 1043000000,
          "tax_provision": 220000000,
          "net_income": 822000000,
          "net_income_to_common": 822000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1413000000,
          "total_current_assets": 42019000000,
          "total_assets": 78301000000,
          "short_term_debt": 640000000,
          "long_term_debt": 12077000000,
          "total_debt": 1139000000,
          "total_liabilities": 54499000000,
          "total_equity": 23775000000,
          "shares_outstanding": 259815999,
          "goodwill_and_intangibles": 33324000000
        },
        "cash_flow": {
          "operating_cash_flow": 957000000,
          "capital_expenditure": 36000000,
          "free_cash_flow": 993000000,
          "dividends_paid": 180000000,
          "share_repurchases": -310000000,
          "shares_issued": 55000000,
          "net_debt_issued": -29000000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 3628000000,
          "cost_of_revenue": 2209000000,
          "gross_profit": 1419000000,
          "ebit": 341000000,
          "ebitda": 703000000,
          "pretax_income": 180000000,
          "tax_provision": 26000000,
          "net_income": 151000000,
          "net_income_to_common": 151000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1396000000,
          "total_current_assets": 34356000000,
          "total_assets": 70665000000,
          "short_term_debt": 866000000,
          "long_term_debt": 12104000000,
          "total_debt": 14000000000,
          "total_liabilities": 47318000000,
          "total_equity": 23321000000,
          "shares_outstanding": 260344827,
          "goodwill_and_intangibles": 33277000000
        },
        "cash_flow": {
          "operating_cash_flow": 753000000,
          "capital_expenditure": 39600000,
          "free_cash_flow": 792600000,
          "dividends_paid": 167500000,
          "share_repurchases": null,
          "shares_issued": 17700000,
          "net_debt_issued": -143300000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 3628000000,
          "cost_of_revenue": 2209000000,
          "gross_profit": 1419000000,
          "ebit": 341000000,
          "ebitda": 703000000,
          "pretax_income": 180000000,
          "tax_provision": 26000000,
          "net_income": 151000000,
          "net_income_to_common": 151000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1396000000,
          "total_current_assets": 34356000000,
          "total_assets": 70665000000,
          "short_term_debt": 866000000,
          "long_term_debt": 12104000000,
          "total_debt": 14000000000,
          "total_liabilities": 47318000000,
          "total_equity": 23321000000,
          "shares_outstanding": 260344827,
          "goodwill_and_intangibles": 33277000000
        },
        "cash_flow": {
          "operating_cash_flow": 753000000,
          "capital_expenditure": 39600000,
          "free_cash_flow": 792600000,
          "dividends_paid": 167500000,
          "share_repurchases": null,
          "shares_issued": 17700000,
          "net_debt_issued": -143300000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 3628000000,
          "cost_of_revenue": 2209000000,
          "gross_profit": 1419000000,
          "ebit": 341000000,
          "ebitda": 703000000,
          "pretax_income": 180000000,
          "tax_provision": 26000000,
          "net_income": 151000000,
          "net_income_to_common": 151000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1396000000,
          "total_current_assets": 34356000000,
          "total_assets": 70665000000,
          "short_term_debt": 866000000,
          "long_term_debt": 12104000000,
          "total_debt": 14000000000,
          "total_liabilities": 47318000000,
          "total_equity": 23321000000,
          "shares_outstanding": 260344827,
          "goodwill_and_intangibles": 33277000000
        },
        "cash_flow": {
          "operating_cash_flow": 753000000,
          "capital_expenditure": 39600000,
          "free_cash_flow": 792600000,
          "dividends_paid": 167500000,
          "share_repurchases": null,
          "shares_issued": 17700000,
          "net_debt_issued": -143300000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 3628000000,
          "cost_of_revenue": 2209000000,
          "gross_profit": 1419000000,
          "ebit": 341000000,
          "ebitda": 703000000,
          "pretax_income": 180000000,
          "tax_provision": 26000000,
          "net_income": 151000000,
          "net_income_to_common": 151000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1396000000,
          "total_current_assets": 34356000000,
          "total_assets": 70665000000,
          "short_term_debt": 866000000,
          "long_term_debt": 12104000000,
          "total_debt": 14000000000,
          "total_liabilities": 47318000000,
          "total_equity": 23321000000,
          "shares_outstanding": 260344827,
          "goodwill_and_intangibles": 33277000000
        },
        "cash_flow": {
          "operating_cash_flow": 753000000,
          "capital_expenditure": 39600000,
          "free_cash_flow": 792600000,
          "dividends_paid": 167500000,
          "share_repurchases": null,
          "shares_issued": 17700000,
          "net_debt_issued": -143300000
        }
      },
      {
        "period_end_date": "2025-12-31",
        "period_type": "quarterly",
        "fiscal_year": 2025,
        "fiscal_quarter": 4,
        "currency_reported": "USD",
        "is_restated": false,
        "income_statement": {
          "revenue": 3628000000,
          "cost_of_revenue": 2209000000,
          "gross_profit": 1419000000,
          "ebit": 341000000,
          "ebitda": 703000000,
          "pretax_income": 180000000,
          "tax_provision": 26000000,
          "net_income": 151000000,
          "net_income_to_common": 151000000,
          "eps_basic": null,
          "eps_diluted": null,
          "shares_basic": null,
          "shares_diluted": null
        },
        "balance_sheet": {
          "cash_and_equivalents": 1396000000,
          "total_current_assets": 34356000000,
          "total_assets": 70665000000,
          "short_term_debt": 866000000,
          "long_term_debt": 12104000000,
          "total_debt": 14000000000,
          "total_liabilities": 47318000000,
          "total_equity": 23321000000,
          "shares_outstanding": 260344827,
          "goodwill_and_intangibles": 33277000000
        },
        "cash_flow": {
          "operating_cash_flow": 753000000,
          "capital_expenditure": 39600000,
          "free_cash_flow": 792600000,
          "dividends_paid": 167500000,
          "share_repurchases": null,
          "shares_issued": 17700000,
          "net_debt_issued": -143300000
        }
      }
    ]
  },
  "strategy_matches": [
    {
      "key": "ebitda_ev",
      "name": "EBITDA/EV Value",
      "slug": "ebitda-ev",
      "group": "value",
      "page_url": "/factors/ebitda-ev/"
    },
    {
      "key": "sector_relative",
      "name": "Cheapest in Sector",
      "slug": "sector-relative",
      "group": "value",
      "page_url": "/factors/sector-relative/"
    },
    {
      "key": "capital_allocators",
      "name": "Capital Allocators",
      "slug": "capital-allocators",
      "group": "quality",
      "page_url": "/factors/capital-allocators/"
    },
    {
      "key": "risk_adj_momentum",
      "name": "Risk-Adjusted Momentum",
      "slug": "risk-adj-momentum",
      "group": "momentum",
      "page_url": "/factors/risk-adj-momentum/"
    },
    {
      "key": "shareholder_yield",
      "name": "Shareholder Yield",
      "slug": "shareholder-yield",
      "group": "income",
      "page_url": "/factors/shareholder-yield/"
    }
  ],
  "coverage": {
    "factor_history_points": 8,
    "annual_financial_periods": 8,
    "quarterly_financial_periods": 12,
    "latest_factor_week": "2026-07-26",
    "latest_financials_period_end": "2026-03-31"
  },
  "schema": {
    "public_fields_only": true
  }
}