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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities: | ||||||||||||||||||||||||||||||||||||
| Net Income
| 1,002 | 870.5 | 671.8 | 587.1 | 480.5 | 398.514 | 344.255 | 399.63 | 257.491 | 243.318 | 206.896 | 217.112 | 184.045 | 163.995 | 161.752 | 153.294 | 166.124 | 190.959 | 172.35 | 150.551 | 128.843 | 110.322 | 83.122 | 53.913 | 32.793 | 26.789 | 23.562 | 18.988 | 16.498 | 14.799 | 13.285 | 8 | 1.3 | 4.6 | 4.1 | 3.1 |
| Depreciation & Amortization
| 222 | 206 | 185.8 | 152.9 | 134.8 | 128.715 | 109.378 | 108.144 | 107.666 | 108.311 | 103.836 | 85.417 | 78.946 | 67.147 | 64.081 | 63.097 | 59.917 | 53.199 | 47.807 | 43.306 | 31.056 | 25.673 | 21.287 | 22.396 | 13.156 | 11.809 | 9.818 | 8.051 | -8.145 | 6.487 | -6.304 | -6.9 | -4.5 | -3.7 | -3.5 | -2.4 |
| Deferred Income Tax
| 13 | 12.3 | 42.8 | 33.6 | 12.383 | 12.383 | 15.008 | -102.183 | 18.163 | 22.696 | 7.369 | 32.247 | 32.723 | 30.328 | 22.587 | 27.851 | 25.713 | 0.325 | 11.48 | 10.642 | 8.84 | 8.37 | 1.191 | 0.199 | -2.721 | -0.43 | 0.231 | -0.094 | 0.943 | -2.191 | -1.173 | 0.5 | -0.2 | -0.2 | 1 | -0.4 |
| Stock Based Compensation
| 101 | 89.4 | 66.1 | 61 | 59.7 | 46.994 | 33.519 | 30.631 | 16.052 | 15.513 | 19.363 | 22.603 | 15.865 | 11.194 | 6.845 | 7.358 | 7.314 | 5.667 | 5.416 | 3.337 | 2.625 | 2.272 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change In Working Capital
| -105 | -25.6 | -15.9 | 97.7 | 38.127 | 100.792 | 75.255 | 11.033 | 11.338 | 3.6 | 0.943 | 37.414 | -75.832 | -21.811 | 55.326 | -30.389 | 83.756 | -3.866 | -11.058 | 9.73 | 4.604 | -3.606 | -43.003 | -10.883 | 1.988 | 3.014 | 0.106 | 8.58 | 3.528 | 3.519 | -5.55 | 5.8 | -0.5 | -10.1 | 0.9 | -1.1 |
| Accounts Receivables
| 0 | 599.5 | 0 | 0 | 13 | 0 | 318.794 | 0 | 0 | 0 | 1.05 | 0 | 0 | 0 | 0 | 0 | 3.169 | 0 | 0 | 0 | 0 | -20.708 | -73.621 | -20.084 | -19.815 | 1.102 | -3.75 | 1.393 | -6.287 | 0.2 | -1.929 | 2.7 | -9.9 | 3.2 | -14.6 | -1.1 |
| Inventory
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.212 | 10.607 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Payables
| -47 | 260 | 124.3 | 54.4 | 17.8 | 166.458 | 163 | 64.178 | 96.258 | 34.748 | 36.949 | 66.804 | 31.854 | -2.807 | 28.682 | -1.819 | -5.992 | 0.533 | -3.561 | 4.377 | 3.608 | 17.102 | 53.815 | 9.201 | 18.251 | -0.736 | 6.952 | 4.959 | 11.954 | 1.608 | -2.862 | -2.8 | 7.9 | -10.8 | 17.8 | -1.4 |
| Other Working Capital
| -58 | -885.1 | -140.2 | 43.3 | 7.327 | -65.666 | -406.539 | -53.145 | -84.92 | -31.148 | -37.056 | -29.39 | -107.686 | -19.004 | 26.644 | -28.57 | 86.579 | -4.399 | -7.497 | 5.353 | 0.996 | -9.212 | -33.804 | 0 | 3.552 | 2.648 | -3.096 | 2.228 | -2.139 | 1.711 | -0.759 | 5.9 | 1.5 | -2.5 | -2.3 | 1.4 |
| Other Non Cash Items
| -59 | -143.1 | -69.2 | 15.7 | -3.91 | -9.218 | -9.886 | -5.28 | 0.332 | -11.606 | 46.612 | -5.419 | -15.432 | -13.322 | -14.539 | 0.374 | -1.071 | -30.944 | -0.781 | -2.478 | -5.765 | -0.306 | 7.517 | 4.313 | -2.949 | -0.572 | 1.085 | -4.018 | 15.584 | -1.406 | 10.396 | 13.5 | 10 | 7.1 | 6.5 | 1.9 |
| Operating Cash Flow
| 1,174 | 1,009.5 | 881.4 | 948 | 721.6 | 678.18 | 567.529 | 441.975 | 411.042 | 381.832 | 385.019 | 389.374 | 220.315 | 237.531 | 296.052 | 221.585 | 341.753 | 215.34 | 225.214 | 215.088 | 170.203 | 142.725 | 70.114 | 69.938 | 42.267 | 40.61 | 34.802 | 31.507 | 28.408 | 21.208 | 10.654 | 20.9 | 6.1 | -2.3 | 9 | 1.1 |
| Investing Activities: | ||||||||||||||||||||||||||||||||||||
| Investments In Property Plant And Equipment
| 0 | -68.9 | -52.6 | -45 | -70.7 | -73.108 | -41.52 | -24.192 | -17.765 | -18.375 | -24.923 | -16.366 | -24.028 | -13.608 | -10.454 | -11.31 | -14.115 | -30.643 | -14.979 | -13.426 | -10.152 | -15.946 | -7.275 | -11.017 | -4.102 | -4.936 | -4.51 | -2.713 | -4.63 | -5.321 | -2.392 | -1.8 | -1.2 | -1.3 | -1.5 | -0.3 |
| Acquisitions Net
| -820 | -524.1 | -1,927.7 | -366.8 | -685.2 | -331.451 | -923.874 | -41.471 | -122.622 | -136 | -696.486 | -367.712 | -410.959 | -162.369 | -157.637 | -44.682 | -263.4 | -212.303 | -143.737 | -262.181 | -202.664 | -100.27 | -120.926 | -131.039 | -18.226 | -18.154 | -29.608 | -3.072 | -12.254 | -6.005 | -1.382 | 0 | 0.8 | 0 | 0.2 | 0.2 |
| Purchases Of Investments
| -7 | -7.2 | -0.1 | -14.168 | -14.2 | -17.52 | -9.284 | -10.665 | -25.872 | -22.766 | -17.813 | -18.102 | -11.167 | -12.698 | -9.285 | -11.57 | -13.774 | -2.695 | -0.211 | -0.299 | -3.142 | 0 | -0.111 | -3.006 | -0.073 | -0.124 | -1.146 | -0.262 | -0.881 | -1.208 | -0.187 | -0.1 | -0.7 | -3.4 | -2.2 | -4.9 |
| Sales Maturities Of Investments
| 11 | 13.2 | 7.4 | 10.785 | 8.494 | 8.494 | 17.923 | 9.644 | 18.89 | 21.928 | 18.278 | 15.662 | 10.654 | 12.95 | 9.327 | 10.828 | 9.756 | 21.715 | 0.119 | 0.896 | 1.107 | 0.106 | 0.122 | 5.605 | 0.494 | 0.627 | 1.03 | 0.557 | 1.118 | 0.642 | 2.346 | 0 | 4 | 5.1 | 2.6 | 6 |
| Other Investing Activites
| -82 | 0 | 60.4 | 18.483 | 2.506 | 0 | 4.984 | 4.094 | 4.957 | 10.576 | 13.631 | 5.886 | 0 | 0 | 1.558 | 1.305 | 4.6 | 6.713 | 1.399 | 2.362 | 6.33 | 4.975 | 4.923 | 1.619 | 0.703 | 0.894 | -0.417 | 0.395 | 0.951 | 1.469 | 1.284 | -1.8 | -5.4 | -1.3 | -1.3 | -1.9 |
| Investing Cash Flow
| -898 | -587 | -1,912.6 | -396.7 | -759.1 | -413.585 | -951.771 | -62.59 | -142.412 | -144.637 | -707.313 | -380.632 | -435.5 | -175.725 | -166.491 | -55.429 | -276.933 | -217.213 | -157.409 | -272.648 | -208.521 | -111.135 | -123.267 | -137.838 | -21.204 | -21.693 | -34.651 | -5.095 | -15.696 | -10.423 | -0.331 | -3.7 | -2.5 | -0.9 | -2.2 | -0.9 |
| Financing Activities: | ||||||||||||||||||||||||||||||||||||
| Debt Repayment
| 30 | -150.6 | 1,938.7 | -73.1 | 545 | 50 | 530 | -96.75 | -73.125 | -45.625 | 718.425 | 29.907 | 198.773 | -2.072 | -19.425 | -15.089 | 4.658 | -29.142 | -62.432 | -16.117 | 181.394 | -28.024 | -23.722 | 56.765 | -4.001 | -16.845 | 4.229 | -0.756 | -4.512 | -1.632 | -11.873 | -7.2 | -2.3 | 4.1 | 2.1 | -0.7 |
| Common Stock Issued
| 0 | 0 | 37.6 | 0 | 0 | 24.999 | 19.432 | 17.422 | 15.983 | 15.89 | 14.808 | 12.445 | 13.305 | 8.667 | 11.119 | 10.144 | 10.914 | 11.32 | 11.274 | 9.717 | 8.107 | 7.136 | 159.579 | 2.844 | 1.746 | 1.664 | 1.113 | 0.868 | 0 | 0.106 | 1.742 | 0.7 | 0.6 | 0.6 | 0.6 | 0.3 |
| Common Stock Repurchased
| -55 | -39.9 | -122.9 | -132.4 | -96.4 | -69.604 | -112.155 | -128.639 | -18.908 | -163.75 | -78.277 | 60.579 | -8.963 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.334 | -10.142 | 0 | -5.536 | -1.152 | -9.233 | -5.86 | -1.054 | 0 | -0.055 | 0 | 0 | 0 | -0.1 | -0.1 |
| Dividends Paid
| -154 | -135 | -119.5 | -107.2 | -100.6 | -91.344 | -84.69 | -77.712 | -70.262 | -64.108 | -59.334 | -53.546 | -49.534 | -46.494 | -44.496 | -42.896 | -40.207 | -35.125 | -29.341 | -23.566 | -20.003 | -16.602 | -13.412 | -11.839 | -7.525 | -6.237 | -5.494 | -4.636 | -4.245 | -4.149 | -3.542 | -3 | -2 | -1.6 | -1.6 | -1.5 |
| Other Financing Activities
| 115 | 138.8 | 29.1 | 102.6 | 7 | 20.799 | -16.31 | -33.479 | 1.775 | -20.356 | 5.324 | -1.972 | -4.88 | -8.586 | -0.888 | 0.243 | 0.138 | 4.564 | 0.604 | 0 | 0 | -2.89 | -7.148 | -0.849 | -3.467 | -1.136 | -1.376 | -0.6 | -0.278 | 0.055 | 0 | 0.3 | -0.1 | 0 | 0 | 0.1 |
| Financing Cash Flow
| -64 | -186.7 | 1,725.4 | -210.1 | 355 | -79.216 | 337.75 | -336.58 | -160.52 | -293.839 | 589.39 | -25.611 | 148.701 | -48.485 | -53.69 | -47.6 | -24.497 | -48.383 | -79.895 | -29.966 | 169.498 | -42.714 | 105.155 | 46.921 | -18.783 | -23.706 | -10.761 | -10.984 | -10.089 | -5.62 | -13.673 | -9.2 | -3.8 | 3.1 | 1 | -1.9 |
| Other Information: | ||||||||||||||||||||||||||||||||||||
| Effect Of Forex Changes On Cash
| -13 | 33.9 | -131.2 | -3.6 | 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 | -7.7 | -8 | -8 | -0.1 |
| Net Change In Cash
| 199 | 269.7 | 563 | 198.3 | 308.9 | 185.379 | -46.492 | 42.805 | 108.11 | -26.628 | 267.096 | -16.869 | -66.484 | 13.321 | 75.871 | 118.556 | 40.323 | -50.256 | -12.09 | -87.526 | 131.18 | -11.124 | 52.002 | -20.979 | 2.28 | -4.789 | -10.61 | 15.428 | 2.623 | 5.165 | -3.35 | 7.9 | -7.9 | -8.1 | -0.2 | -1.8 |
| Cash At End Of Period
| 2,502 | 2,302.9 | 2,033.2 | 1,470.2 | 1,271.9 | 962.975 | 777.596 | 824.088 | 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 | 31.313 | 37.459 | 28.746 | 47.726 | 31.786 | 28.35 | 22.995 | 26.3 | 0 | 0 | 0 | 0 |