
Brown & Brown, Inc.
NYSE:BRO
111.32 (USD) • At close May 9, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 | |
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Assets: | ||||||||||||||||||||||||||||||||||||||||
Current Assets: | ||||||||||||||||||||||||||||||||||||||||
Cash & Cash Equivalents
| 675 | 700.3 | 650 | 693.2 | 817.398 | 542.174 | 438.961 | 573.383 | 515.646 | 443.42 | 470.048 | 202.952 | 219.821 | 286.305 | 272.984 | 197.113 | 78.557 | 38.234 | 88.49 | 100.58 | 188.106 | 56.926 | 91.247 | 16.048 | 37.027 | 23.957 | 0 | 0 | 31.786 | 28.35 | 23.185 | 26.3 | 7.7 | 7.9 | 8.1 | 0.2 | 7.3 | 12.3 | 9 | 8.5 |
Short Term Investments
| 10 | 11 | 12 | 12.9 | 18.332 | 12.325 | 12.868 | 24.965 | 15.048 | 13.734 | 11.157 | 10.624 | 8.183 | 7.627 | 7.678 | 8.213 | 7.511 | 2.892 | 2.909 | 2.748 | 3.163 | 0.382 | 0.446 | 0.451 | 2.149 | 0.481 | 11.308 | 12.797 | 1.087 | 1.308 | 0.787 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash and Short Term Investments
| 685 | 711.3 | 662 | 706.1 | 835.73 | 554.499 | 451.829 | 598.348 | 530.694 | 457.154 | 481.205 | 213.576 | 228.004 | 293.932 | 280.662 | 205.326 | 86.068 | 41.126 | 91.399 | 103.328 | 191.269 | 57.308 | 68.496 | 16.499 | 39.176 | 24.766 | 11.308 | 12.797 | 32.873 | 29.658 | 23.972 | 26.3 | 7.7 | 7.9 | 8.1 | 0.2 | 7.3 | 12.3 | 9 | 8.5 |
Net Receivables
| 3,538 | 2,039.5 | 2,355.3 | 1,279.4 | 1,142.717 | 1,001.339 | 910.211 | 1,024.222 | 580.565 | 465.853 | 437.575 | 395.915 | 302.725 | 240.257 | 214.446 | 209.462 | 244.515 | 240.68 | 282.44 | 257.93 | 172.395 | 146.672 | 144.244 | 101.449 | 96.952 | 69.054 | 69.186 | 62.148 | 62.94 | 56.553 | 56.784 | 56 | 48.9 | 39.3 | 41.9 | 27.2 | 26.1 | 23.2 | 30.3 | 26.4 |
Inventory
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Current Assets
| 2,701 | 2,379.1 | 1,978.7 | 1,344.8 | 979.802 | 938.964 | 805.271 | 619.586 | 624.869 | 614.382 | 651.328 | 318.545 | 228.783 | 173.938 | 157.701 | 198.911 | 192.449 | 305.576 | 274.367 | 258.509 | 176.302 | 139.868 | 119.52 | 58.558 | 41.024 | 26.449 | 41.452 | 42.735 | 7.307 | 6.336 | 6.778 | 3.5 | 1.4 | 4.5 | 5.7 | 7 | 0.1 | 0.1 | 0.2 | 0.2 |
Total Current Assets
| 6,924 | 5,129.9 | 4,996 | 3,330.3 | 2,958.249 | 2,494.802 | 2,167.311 | 2,242.156 | 1,736.128 | 1,537.389 | 1,570.108 | 928.036 | 759.512 | 708.127 | 652.809 | 613.699 | 523.032 | 587.382 | 648.206 | 619.767 | 539.966 | 343.466 | 332.26 | 176.506 | 177.152 | 120.269 | 121.946 | 117.68 | 103.12 | 92.547 | 87.534 | 85.8 | 58 | 51.7 | 55.7 | 34.4 | 33.5 | 35.6 | 39.5 | 35.1 |
Non-Current Assets: | ||||||||||||||||||||||||||||||||||||||||
Property, Plant & Equipment, Net
| 519 | 469.1 | 454.8 | 409 | 388.113 | 332.915 | 100.395 | 77.086 | 75.807 | 81.753 | 84.668 | 74.733 | 74.337 | 61.36 | 59.713 | 61.467 | 63.52 | 62.327 | 44.17 | 39.398 | 33.438 | 32.396 | 24.73 | 25.544 | 14.21 | 14.337 | 13.698 | 11.863 | 12.085 | 10.412 | 8.286 | 8 | 5 | 5.1 | 5.2 | 5 | 5.4 | 5.4 | 4.1 | 4.1 |
Goodwill
| 7,970 | 7,340.8 | 6,674.2 | 4,736.8 | 4,395.918 | 3,746.094 | 3,432.786 | 2,716.079 | 2,675.402 | 2,586.683 | 2,460.611 | 2,006.173 | 1,711.514 | 1,323.469 | 1,194.827 | 1,074.397 | 1,023.372 | 846.433 | 684.521 | 549.04 | 360.843 | 237.753 | 176.269 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets
| 1,814 | 1,620.8 | 1,595.2 | 1,081.5 | 1,049.66 | 916.768 | 898.807 | 641.005 | 707.454 | 744.68 | 784.642 | 618.888 | 566.538 | 496.182 | 481.9 | 468.862 | 495.627 | 443.224 | 396.069 | 377.907 | 293.009 | 232.934 | 203.984 | 268.311 | 101.901 | 91.813 | 79.483 | 49.593 | 50.167 | 36.613 | 32.62 | 35.5 | 24.2 | 18.3 | 17.5 | 13.8 | 6.8 | 7.2 | 7 | 4.5 |
Goodwill and Intangible Assets
| 9,784 | 8,961.6 | 8,269.4 | 5,818.3 | 5,445.578 | 4,662.862 | 4,331.593 | 3,357.084 | 3,382.856 | 3,331.363 | 3,245.253 | 2,625.061 | 2,278.052 | 1,819.651 | 1,676.727 | 1,543.259 | 1,518.999 | 1,289.657 | 1,080.59 | 926.947 | 653.852 | 470.687 | 380.253 | 268.311 | 101.901 | 91.813 | 79.483 | 49.593 | 50.167 | 36.613 | 32.62 | 35.5 | 24.2 | 18.3 | 17.5 | 13.8 | 6.8 | 7.2 | 7 | 4.5 |
Long Term Investments
| 19 | 21 | 22.4 | 31 | 24.971 | 27.378 | 17.394 | 13.949 | 23.048 | 18.092 | 19.862 | 0.016 | 0 | 0 | 0 | 0 | 0 | 0.355 | 15.826 | 8.421 | 9.328 | 10.845 | 8.585 | 8.983 | 6.457 | 9.93 | 11.229 | 12.779 | 12.375 | 8.473 | 10.061 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax Assets
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24.635 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17.208 | 0 | 0 | 0 | 0 | 1.788 | 1.519 | 0.649 | 0 | 0 | 0 | 0 | 0 | 0.398 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Assets
| 366 | 301.8 | 230.9 | 206.8 | 149.581 | 104.864 | 71.975 | 57.275 | 44.895 | 44.192 | 36.567 | 21.662 | 16.157 | 17.873 | 11.565 | 5.801 | 14.029 | 3.73 | 19.16 | 14.127 | 12.933 | 8.46 | 6.733 | 7.874 | 4.744 | 6.146 | 4.157 | 2.214 | 1.996 | 3.076 | 2.479 | 4 | 1.6 | 3.3 | 3.5 | 3.1 | 1.1 | 1.1 | 0.6 | 1.2 |
Total Non-Current Assets
| 10,688 | 9,753.5 | 8,977.5 | 6,465.1 | 6,008.243 | 5,128.019 | 4,521.357 | 3,505.394 | 3,526.606 | 3,475.4 | 3,386.35 | 2,721.472 | 2,368.546 | 1,898.884 | 1,748.005 | 1,610.527 | 1,596.548 | 1,373.277 | 1,159.746 | 988.893 | 709.551 | 522.388 | 422.089 | 312.231 | 127.961 | 122.226 | 108.567 | 76.449 | 76.623 | 58.574 | 53.446 | 47.5 | 30.8 | 26.7 | 26.2 | 21.9 | 13.3 | 13.7 | 11.7 | 9.8 |
Total Assets
| 17,612 | 14,883.4 | 13,973.5 | 9,795.4 | 8,966.492 | 7,622.821 | 6,688.668 | 5,747.55 | 5,287.3 | 5,012.739 | 4,956.458 | 3,649.508 | 3,128.058 | 2,607.011 | 2,400.814 | 2,224.226 | 2,119.58 | 1,960.659 | 1,807.952 | 1,608.66 | 1,249.517 | 865.854 | 754.349 | 488.737 | 276.719 | 235.163 | 230.513 | 194.129 | 179.743 | 151.121 | 140.98 | 133.3 | 88.8 | 78.4 | 81.9 | 56.3 | 46.8 | 49.3 | 51.2 | 44.9 |
Liabilities & Equity: | ||||||||||||||||||||||||||||||||||||||||
Current Liabilities: | ||||||||||||||||||||||||||||||||||||||||
Account Payables
| 373 | 458.9 | 286.5 | 242.7 | 1,389.026 | 1,114.277 | 944.904 | 749.34 | 717.159 | 638.646 | 625.445 | 568.518 | 455.228 | 349.48 | 33.693 | 17.431 | 18.872 | 18.76 | 17.854 | 21.161 | 258.671 | 11.282 | 12.284 | 10.085 | 5.508 | 0 | 0 | 0 | 92.029 | 74.005 | 78.467 | 8.9 | 47.1 | 39.2 | 50.1 | 31.6 | 0 | 0 | 0 | 0 |
Short Term Debt
| 225 | 614.1 | 295.6 | 85.9 | 113.542 | 98.415 | 50 | 141.986 | 55.5 | 73.125 | 45.625 | 100 | 0.093 | 1.227 | 1.662 | 17.124 | 6.162 | 11.519 | 18.082 | 55.63 | 16.135 | 18.692 | 27.334 | 20.855 | 4.387 | 3.714 | 4.96 | 6.074 | 5.365 | 1.768 | 1.245 | 3.2 | 3.9 | 2.2 | 2.2 | 1 | 0.8 | 0.7 | 0.6 | 1 |
Tax Payables
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Revenue
| 0 | 540.6 | 492.2 | 459.6 | 534.076 | 521.042 | 480.578 | 412.6 | 392.5 | 392.7 | 403.899 | 80.959 | 32.867 | 30.048 | 0 | 0 | 0 | 0 | 0 | 34.027 | 32.273 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Current Liabilities
| 5,716 | 3,343.3 | 3,522.3 | 1,879.2 | 317.708 | 311.627 | 307.504 | 705.534 | 279.998 | 224.076 | 194.184 | 157.4 | 79.593 | 100.865 | 434.802 | 444.398 | 497.609 | 525.844 | 554.731 | 472 | 58.031 | 271.542 | 258.1 | 195.657 | 178.154 | 123.592 | 113.906 | 96.724 | 0 | 6.07 | 0 | 71 | 12.1 | 10 | 10.6 | 10.6 | 41.3 | 47 | 48.8 | 38.4 |
Total Current Liabilities
| 6,314 | 4,956.9 | 4,596.6 | 2,667.4 | 2,354.352 | 2,045.361 | 1,782.986 | 1,987.474 | 1,445.157 | 1,328.547 | 1,269.153 | 906.877 | 567.781 | 481.62 | 470.157 | 478.953 | 522.643 | 556.123 | 590.667 | 582.818 | 365.11 | 301.516 | 297.718 | 226.597 | 188.049 | 127.306 | 118.866 | 102.798 | 97.394 | 81.843 | 79.712 | 83.1 | 63.1 | 51.4 | 62.9 | 43.2 | 42.1 | 47.7 | 49.4 | 39.4 |
Non-Current Liabilities: | ||||||||||||||||||||||||||||||||||||||||
Long Term Debt
| 3,599 | 3,405.5 | 4,083.3 | 2,160.437 | 2,198.841 | 1,668.198 | 1,456.99 | 856.141 | 1,018.372 | 1,071.618 | 1,152.846 | 380 | 450 | 250.033 | 250.067 | 250.209 | 253.616 | 227.707 | 226.252 | 214.179 | 227.063 | 41.107 | 57.585 | 78.195 | 10.66 | 5.086 | 17.378 | 6.257 | 5.3 | 7.023 | 7.43 | 17.3 | 9.6 | 9.7 | 5.6 | 1.9 | 0 | 0 | 0.4 | 0.7 |
Deferred Revenue Non-Current
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Tax Liabilities Non-Current
| 711 | 0 | 584 | 0 | 0 | 0 | 0 | 0 | 357.686 | 360.9 | 341.497 | 291.704 | 237.63 | 178.052 | 146.482 | 115.609 | 90.143 | 65.736 | 0 | 0 | 0 | 15.018 | 0 | 0 | 0 | 1.578 | 2.403 | 3.951 | 3.603 | 1.502 | 3.778 | 1.3 | 0.4 | 1.6 | 1.3 | 1.5 | 0.7 | 0 | 0.7 | 0.5 |
Other Non-Current Liabilities
| 551 | 942.2 | 103 | 770.663 | 659.076 | 558.983 | 448.124 | 321.236 | 81.308 | 101.882 | 79.217 | 63.786 | 65.314 | 53.343 | 27.764 | 9.581 | 11.437 | 13.635 | 61.688 | 47.319 | 33.019 | 10.178 | 5.604 | 6.308 | 5.937 | 7.448 | 7.658 | 3.981 | 6.16 | 6.341 | 5.955 | 4.4 | 2.4 | 2.3 | 2.7 | 3.3 | 0.1 | 0.6 | 0 | 0 |
Total Non-Current Liabilities
| 4,861 | 4,347.7 | 4,770.3 | 2,931.1 | 2,857.917 | 2,227.181 | 1,905.114 | 1,177.377 | 1,457.366 | 1,534.4 | 1,573.56 | 735.49 | 752.944 | 481.428 | 424.313 | 375.399 | 355.196 | 307.078 | 287.94 | 261.498 | 260.082 | 66.303 | 63.189 | 84.503 | 16.597 | 14.112 | 27.439 | 14.189 | 15.063 | 14.866 | 17.163 | 23 | 12.4 | 13.6 | 9.6 | 6.7 | 0.8 | 0.6 | 1.1 | 1.2 |
Total Liabilities
| 11,175 | 9,304.6 | 9,366.9 | 5,598.5 | 5,212.269 | 4,272.542 | 3,688.1 | 3,164.851 | 2,927.2 | 2,863.1 | 2,842.713 | 1,642.367 | 1,320.725 | 963.048 | 894.47 | 854.352 | 877.839 | 863.201 | 878.607 | 844.316 | 625.192 | 367.819 | 360.907 | 311.1 | 204.646 | 141.418 | 146.305 | 116.987 | 112.457 | 96.709 | 96.875 | 106.1 | 75.5 | 65 | 72.5 | 49.9 | 42.9 | 48.3 | 50.5 | 40.6 |
Equity: | ||||||||||||||||||||||||||||||||||||||||
Preferred Stock
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Common Stock
| 31 | 30.4 | 30.3 | 30.1 | 29.969 | 29.711 | 29.338 | 28.689 | 14.811 | 14.642 | 14.587 | 14.542 | 14.388 | 14.335 | 14.279 | 14.208 | 14.154 | 14.067 | 14.002 | 13.938 | 6.916 | 6.856 | 6.818 | 6.319 | 2.87 | 1.372 | 1.35 | 0.874 | 0.866 | 0.868 | 0.87 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Earnings
| 6,128 | 5,288.5 | 4,553 | 4,000.7 | 3,520.683 | 3,140.762 | 2,833.622 | 2,456.599 | 2,134.64 | 1,947.411 | 1,768.201 | 1,620.639 | 1,457.073 | 1,322.562 | 1,205.061 | 1,087.805 | 977.407 | 851.49 | 695.656 | 552.647 | 425.662 | 316.822 | 223.102 | 153.392 | 116.546 | 96.732 | 77.318 | 69.524 | 58.238 | 46.094 | 36.122 | 26 | 14.6 | 15.3 | 12.3 | 9.7 | 8.2 | 5.5 | 5.5 | 2 |
Accumulated Other Comprehensive Income/Loss
| -109 | -19.1 | -148.4 | -9.4 | -0 | 0 | 0 | 0 | -0 | -0 | -0 | 0 | 0 | 0.007 | 0.007 | 0.005 | 0.013 | 0.013 | 9.144 | 4.446 | 4.467 | 4.227 | 2.106 | 4.393 | 2.495 | 4.922 | 5.54 | 0 | 0 | 4.836 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Total Stockholders Equity
| 387 | 279 | 171.7 | 175.5 | 203.571 | 179.806 | 137.608 | 97.411 | 210.76 | 187.723 | 330.957 | 371.96 | 335.872 | 307.059 | 286.997 | 267.856 | 250.167 | 231.888 | 210.543 | 193.313 | 187.28 | 170.13 | 159.564 | 11.181 | 0 | 0 | 0 | 6.744 | 8.182 | 2.614 | 7.052 | 1.2 | -1.3 | -1.9 | -2.9 | -3.3 | -4.3 | -4.5 | -4.8 | 2.3 |
Total Shareholders Equity
| 6,437 | 5,578.8 | 4,606.6 | 4,196.9 | 3,754.223 | 3,350.279 | 3,000.568 | 2,582.699 | 2,360.211 | 2,149.776 | 2,113.745 | 2,007.141 | 1,807.333 | 1,643.963 | 1,506.344 | 1,369.874 | 1,241.741 | 1,097.458 | 929.345 | 764.344 | 624.325 | 498.035 | 391.59 | 175.285 | 121.911 | 103.026 | 84.208 | 77.142 | 67.286 | 54.412 | 44.044 | 27.2 | 13.3 | 13.4 | 9.4 | 6.4 | 3.9 | 1 | 0.7 | 4.3 |
Total Equity
| 6,454 | 5,578.8 | 4,606.6 | 4,196.9 | 3,754.223 | 3,350.279 | 3,000.568 | 2,582.699 | 2,360.211 | 2,149.776 | 2,113.745 | 2,007.141 | 1,807.333 | 1,643.963 | 1,506.344 | 1,369.874 | 1,241.741 | 1,097.458 | 929.345 | 764.344 | 624.325 | 498.035 | 393.442 | 177.637 | 121.911 | 103.026 | 84.208 | 77.142 | 67.286 | 54.412 | 44.044 | 27.2 | 13.3 | 13.4 | 9.4 | 6.4 | 3.9 | 1 | 0.7 | 4.3 |
Total Liabilities & Shareholders Equity
| 17,612 | 14,883.4 | 13,973.5 | 9,795.4 | 8,966.492 | 7,622.821 | 6,688.668 | 5,747.55 | 5,287.3 | 5,012.8 | 4,956.458 | 3,649.508 | 3,128.058 | 2,607.011 | 2,400.814 | 2,224.226 | 2,119.58 | 1,960.659 | 1,807.952 | 1,608.66 | 1,249.517 | 865.854 | 754.349 | 488.737 | 276.719 | 235.163 | 230.513 | 194.129 | 179.743 | 151.121 | 139.335 | 133.3 | 88.8 | 78.4 | 81.9 | 56.3 | 46.8 | 49.3 | 51.2 | 44.9 |