Company research
BROWN & BROWN, INC.
CIK 79282Updated Sep 24, 2026
BRO price & chart
Loading TradingView…
NYSE:BRO on TradingView ↗About the company
Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm delivering comprehensive and customized insurance solutions and specialization since 1939. With a global presence spanning 700+ locations and a team of more than 23,000 professionals, we are dedicated to delivering scalable, innovative strategies for our customers at every step of their growth journey. Learn more at BBrown.com.
In the news
Brown & Brown, Inc. announces second quarter 2026 results, including total revenues of $1.7 billion, an increase of 30.4%; Organic Revenue decrease of 0.7%; growth of Organic Revenue with Contingents of 0.7%; diluted net income per share of $0.84; and Diluted Net Income Per Share - Adjusted of $1.07 ↗
Brown & Brown, Inc. announces quarterly cash dividend ↗
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Brown & Brown, Inc. - BRO ↗
Recent filings
Financials
FY 2025 · USDSource
Source
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 29,991,000,000Source | 17,612,000,000Source | 14,883,400,000Source | 13,973,500,000Source |
| Property, Plant and Equipment, NetUSD | 367,000,000Source | 319,000,000Source | 270,300,000Source | 239,900,000Source |
| GoodwillUSD | 15,087,000,000Source | 7,970,000,000Source | 7,340,800,000Source | 6,674,200,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 4,906,000,000Source | 1,814,000,000Source | 1,620,800,000Source | 1,595,200,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 1,079,000,000Source | 675,000,000Source | 700,300,000Source | 650,000,000Source |
| Assets, CurrentUSD | 8,614,000,000Source | 6,924,000,000Source | 5,129,900,000Source | 4,996,000,000Source |
| Operating Lease, Right-of-Use AssetUSD | 269,000,000Source | 200,000,000Source | 198,800,000Source | 214,900,000Source |
| Other Assets, NoncurrentUSD | 748,000,000Source | 366,000,000Source | 301,800,000Source | 230,900,000Source |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 36,000,000Source | 31,000,000Source | 30,400,000Source | 30,300,000Source |
| Retained Earnings (Accumulated Deficit)USD | 6,989,000,000Source | 6,128,000,000Source | 5,288,500,000Source | 4,553,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 210,000,000Source | -109,000,000Source | -19,100,000Source | -148,400,000Source |
| Stockholders' Equity Attributable to ParentUSD | — | — | 5,578,800,000Source | 4,606,600,000Source |
| Additional Paid in Capital, Common StockUSD | 6,160,000,000Source | 1,118,000,000Source | 1,027,100,000Source | 919,700,000Source |
| Liabilities and EquityUSD | 29,991,000,000Source | 17,612,000,000Source | 14,883,400,000Source | 13,973,500,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 8,294,000,000Source | 6,314,000,000Source | 4,956,900,000Source | 4,596,600,000Source |
| Operating Lease, Liability, CurrentUSD | 62,000,000Source | 47,000,000Source | 45,400,000Source | 45,000,000Source |
| Accounts Payable, CurrentUSD | 990,000,000Source | 373,000,000Source | 458,900,000Source | 286,500,000Source |
| Operating Lease, Liability, NoncurrentUSD | 243,000,000Source | 189,000,000Source | 178,600,000Source | 195,900,000Source |
| Deferred Income Tax Liabilities, NetUSD | 815,000,000Source | 711,000,000Source | 616,200,000Source | 584,000,000Source |
| Other Liabilities, NoncurrentUSD | 1,172,000,000Source | 362,000,000Source | 326,000,000Source | 298,900,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 26,000,000Source | 17,000,000Source | — | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 875,000,000Source | 653,000,000Source | 608,200,000Source | 541,500,000Source |
| Deferred Tax Liabilities, NetUSD | 815,000,000Source | 711,000,000Source | 616,200,000Source | 584,000,000Source |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 719,000,000Source | 225,000,000Source | 568,700,000Source | 250,600,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 6,894,000,000Source | 3,599,000,000Source | 3,226,900,000Source | 3,691,500,000Source |
| Short-term InvestmentsUSD | — | 10,000,000Source | 11,000,000Source | 12,000,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 1,067,000,000Source | 1,002,000,000Source | 870,500,000Source | 671,800,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 93,000,000Source | 101,000,000Source | 89,400,000Source | 66,100,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts PayableUSD | 11,000,000Source | -47,000,000Source | 260,000,000Source | 124,300,000Source |
| Deferred Income Tax Expense (Benefit)USD | -7,000,000Source | 13,000,000Source | 12,300,000Source | 42,800,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 1,450,000,000Source | 1,174,000,000Source | 1,009,500,000Source | 881,400,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 7,854,000,000Source | 890,000,000Source | 630,700,000Source | 1,927,700,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -7,914,000,000Source | -898,000,000Source | -587,000,000Source | -1,912,600,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | 1,000,000Source | — | — | — |
| Payments to Acquire Property, Plant, and EquipmentUSD | 68,000,000Source | 82,000,000Source | 68,900,000Source | 52,600,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 100,000,000Source | — | 100,000Source | 74,100,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 7,713,000,000Source | -64,000,000Source | -186,700,000Source | 1,725,400,000Source |
| Dividends paid | — | — | — | — |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -6,000,000Source | 2,000,000Source | — | — |
| Repayments of Long-term DebtUSD | 225,000,000Source | 719,000,000Source | 250,600,000Source | 61,300,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 1,313,000,000Source | 199,000,000Source | 269,700,000Source | 563,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 3,815,000,000Source | 2,502,000,000Source | 2,302,900,000Source | 2,033,200,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 284,000,000Source | 195,000,000Source | 185,800,000Source | 120,100,000Source |
| Income Taxes Paid, NetUSD | 371,000,000Source | 302,000,000Source | 218,100,000Source | 122,300,000Source |
| Additional Financial Items | ||||
| AmortizationUSD | 312,000,000Source | 178,000,000Source | 166,000,000Source | 146,600,000Source |
| Asset Retirement Obligation, Accretion ExpenseUSD | 9,000,000Source | 8,000,000Source | 7,700,000Source | 7,000,000Source |
| DepreciationUSD | 55,000,000Source | 44,000,000Source | 40,000,000Source | 39,200,000Source |
| Gain (Loss) on Disposition of AssetsUSD | -2,000,000Source | 31,000,000Source | 143,300,000Source | 4,500,000Source |
| Gain (Loss) on Disposition of BusinessUSD | — | — | 143,300,000Source | — |
| GoodwillUSD | 15,087,000,000Source | 7,970,000,000Source | 7,340,800,000Source | 6,674,200,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | 304,000,000Source | 301,000,000Source | 275,600,000Source | 204,300,000Source |
| InterestExpenseNonoperatingUSD | 297,000,000Source | 193,000,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 1,054,000,000Source | 993,000,000Source | 870,500,000Source | 671,800,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 13,000,000Source | 9,000,000Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 1,043,000,000Source | 981,000,000Source | 857,200,000Source | 659,100,000Source |
| Operating ExpensesUSD | — | — | 3,111,000,000Source | 2,697,300,000Source |
| Payments to Acquire InvestmentsUSD | — | 7,000,000Source | 7,200,000Source | 100,000Source |
| Proceeds from Issuance of Common StockUSD | 4,315,000,000Source | — | — | — |
| Proceeds from Issuance of Long-term DebtUSD | 4,192,000,000Source | 599,000,000Source | — | 2,000,000,000Source |
| Proceeds from Stock Options ExercisedUSD | 48,000,000Source | 44,000,000Source | 39,800,000Source | 37,600,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 5,902,000,000Source | 4,805,000,000Source | 4,257,100,000Source | 3,573,400,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 1,371,000,000Source | 1,303,000,000Source | 1,146,100,000Source | 876,100,000Source |
| Income Tax Expense (Benefit)USD | 304,000,000Source | 301,000,000Source | 275,600,000Source | 204,300,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 13,000,000Source | 9,000,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 1,054,000,000Source | 993,000,000Source | 870,500,000Source | 671,800,000Source |
| Earnings Per Share, BasicUSD per share | 3.37Source | 3.48Source | 3.07Source | 2.38Source |
| Earnings Per Share, DilutedUSD per share | 3.16Source | 3.46Source | 3.05Source | 2.37Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 310,000,000Source | 282,000,000Source | 279,600,000Source | 277,500,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 313,000,000Source | 284,000,000Source | 280,800,000Source | 278,600,000Source |
| Interest Expense (non-operating)USD | 297,000,000Source | 193,000,000Source | — | — |
| Additional Financial Items | ||||
| Common Stock, Dividends, Per Share, DeclaredUSD per share | — | — | 0.48Source | 0.42Source |
| Current Income Tax Expense (Benefit)USD | 292,000,000Source | 287,000,000Source | 260,300,000Source | 161,500,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Interest ExpenseUSD | — | — | 190,000,000Source | 141,200,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 1,043,000,000Source | 981,000,000Source | 857,200,000Source | 659,100,000Source |
| Operating ExpensesUSD | — | — | 3,111,000,000Source | 2,697,300,000Source |
| Other Cost and Expense, OperatingUSD | 959,000,000Source | 710,000,000Source | 649,900,000Source | 596,800,000Source |
| Other IncomeUSD | 7,000,000Source | 7,000,000Source | 5,300,000Source | 3,700,000Source |
Filing attachments
bro-ex99_1.htm · 8-K · 2026-09-10
EX-99.1 2 bro-ex99_1.htm EX-99.1 Company Overview Brown & Brown, Inc. | 2026 Information Regarding Forward-Looking Statements This presentation and the statements made during our presentation may contain certain statements relating to future results which are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created by those laws. You can id…
Read attachment ↗bro-ex99_1.htm · 8-K · 2026-07-27
EX-99.1 2 bro-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Brown & Brown, Inc. announces second quarter 2026 results, including total revenues of $1.7 billion, an increase of 30.4%; Organic Revenue decrease of 0.7%; growth of Organic Revenue with Contingents of 0.7%; diluted net income per share of $0.84; and Diluted Net Income Per Share - Adjusted of $1.07 DAYTONA BEACH, Fla., July 27, 2026 - Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the sec…
Read attachment ↗bro-ex99_1.htm · 8-K · 2026-04-27
EX-99.1 2 bro-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Brown & Brown, Inc. announces first quarter 2026 results, including total revenues of $1.9 billion, an increase of 35.4%; flat Organic Revenue; growth of Organic Revenue with Contingents of 2.2%; diluted net income per share of $1.06; Diluted Net Income Per Share - Adjusted of $1.39; and a quarterly dividend of $0.165 per share DAYTONA BEACH, Fla., April 27, 2026 - Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudit…
Read attachment ↗bro-ex99_1.htm · 8-K · 2026-04-09
EX-99.1 2 bro-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Focused on forever 2025 Global impact report Brown & Brown Annex Governance environment Communities people highlights intro About This Report Brown & Brown, Inc. is a diversified insurance agency, wholesale brokerage and insurance programs organization. Founded in Daytona Beach, Florida, in 1939, we have become one of the most successful global brokerages. As of December 31, 2025, our activities were conducted in 468 domestic locations…
Read attachment ↗bro-ex99_1.htm · 8-K · 2026-03-02
EX-99.1 2 bro-ex99_1.htm EX-99.1 Company Overview Brown & Brown, Inc. | 2026 Information Regarding Forward-Looking Statements This presentation and the statements made during our presentation may contain certain statements relating to future results which are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created by those laws. You can id…
Read attachment ↗bro-ex99_1.htm · 8-K · 2026-01-26
EX-99.1 2 bro-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Brown & Brown, Inc. announces fourth quarter 2025 results, including total revenues of $1.6 billion, an increase of 35.7%; Organic Revenue decrease of 2.8%; diluted net income per share of $0.59; and Diluted Net Income Per Share - Adjusted of $0.93 DAYTONA BEACH, Fla., January 26, 2026 - Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the fourth quarter and full year of 2025. For the four…
Read attachment ↗