Brown & Brown, Inc. (BRO)
NYSE: BRO · Real-Time Price · USD
80.42
-1.96 (-2.38%)
Oct 29, 2025, 1:57 PM EDT - Market open
Brown & Brown Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 |
Operating Revenue | 5,343 | 4,705 | 4,199 | 3,563 | 3,048 | 2,606 | Upgrade |
Other Revenue | 7 | 7 | 6 | 3 | 2.8 | 4.5 | Upgrade |
| 5,350 | 4,712 | 4,205 | 3,566 | 3,050 | 2,611 | Upgrade | |
Revenue Growth (YoY) | 17.51% | 12.06% | 17.92% | 16.91% | 16.84% | 9.40% | Upgrade |
Cost of Revenue | 2,699 | 2,406 | 2,187 | 1,817 | 1,637 | 1,436 | Upgrade |
Gross Profit | 2,651 | 2,306 | 2,018 | 1,749 | 1,413 | 1,174 | Upgrade |
Amortization of Goodwill & Intangibles | 243 | 178 | 166 | 147 | 119.6 | 108.5 | Upgrade |
Other Operating Expenses | 883 | 710 | 650 | 597 | 403 | 366 | Upgrade |
Operating Expenses | 1,174 | 932 | 856 | 783 | 555.9 | 500.8 | Upgrade |
Operating Income | 1,477 | 1,374 | 1,162 | 966 | 857.5 | 673.4 | Upgrade |
Interest Expense | -243 | -193 | -190 | -141 | -65 | -59 | Upgrade |
Interest & Investment Income | 128 | 93 | 52 | 7 | 1.1 | 2.8 | Upgrade |
EBT Excluding Unusual Items | 1,362 | 1,274 | 1,024 | 832 | 793.6 | 617.2 | Upgrade |
Gain (Loss) on Sale of Assets | - | 31 | 143 | 5 | 9.6 | 2.4 | Upgrade |
Other Unusual Items | -37 | -2 | -21 | 39 | -40.4 | 4.5 | Upgrade |
Pretax Income | 1,325 | 1,303 | 1,146 | 876 | 762.8 | 624.1 | Upgrade |
Income Tax Expense | 315 | 301 | 275 | 204 | 175.7 | 143.6 | Upgrade |
Earnings From Continuing Operations | 1,010 | 1,002 | 871 | 672 | 587.1 | 480.5 | Upgrade |
Minority Interest in Earnings | -10 | -9 | - | - | - | - | Upgrade |
Net Income | 1,000 | 993 | 871 | 672 | 587.1 | 480.5 | Upgrade |
Preferred Dividends & Other Adjustments | 12 | 12 | 13 | 13 | 12.9 | 15.2 | Upgrade |
Net Income to Common | 988 | 981 | 858 | 659 | 574.2 | 465.3 | Upgrade |
Net Income Growth | -5.03% | 14.01% | 29.61% | 14.46% | 22.18% | 20.57% | Upgrade |
Shares Outstanding (Basic) | 297 | 282 | 280 | 278 | 276 | 274 | Upgrade |
Shares Outstanding (Diluted) | 300 | 284 | 281 | 279 | 277 | 276 | Upgrade |
Shares Change (YoY) | 6.01% | 1.07% | 0.72% | 0.58% | 0.58% | -2.79% | Upgrade |
EPS (Basic) | 3.33 | 3.48 | 3.06 | 2.37 | 2.08 | 1.70 | Upgrade |
EPS (Diluted) | 3.31 | 3.46 | 3.05 | 2.37 | 2.07 | 1.69 | Upgrade |
EPS Growth | -9.87% | 13.44% | 28.69% | 14.49% | 22.48% | 20.71% | Upgrade |
Free Cash Flow | 1,299 | 1,092 | 941 | 829 | 763.8 | 642.3 | Upgrade |
Free Cash Flow Per Share | 4.33 | 3.85 | 3.35 | 2.97 | 2.75 | 2.33 | Upgrade |
Dividend Per Share | 0.150 | 0.540 | 0.480 | 0.420 | 0.380 | 0.350 | Upgrade |
Dividend Growth | -71.43% | 12.50% | 14.29% | 10.53% | 8.57% | 6.06% | Upgrade |
Gross Margin | 49.55% | 48.94% | 47.99% | 49.05% | 46.34% | 44.98% | Upgrade |
Operating Margin | 27.61% | 29.16% | 27.63% | 27.09% | 28.11% | 25.80% | Upgrade |
Profit Margin | 18.47% | 20.82% | 20.40% | 18.48% | 18.82% | 17.82% | Upgrade |
Free Cash Flow Margin | 24.28% | 23.18% | 22.38% | 23.25% | 25.04% | 24.60% | Upgrade |
EBITDA | 1,768 | 1,596 | 1,368 | 1,152 | 1,010 | 808.2 | Upgrade |
EBITDA Margin | 33.05% | 33.87% | 32.53% | 32.30% | 33.13% | 30.96% | Upgrade |
D&A For EBITDA | 291 | 222 | 206 | 186 | 152.9 | 134.8 | Upgrade |
EBIT | 1,477 | 1,374 | 1,162 | 966 | 857.5 | 673.4 | Upgrade |
EBIT Margin | 27.61% | 29.16% | 27.63% | 27.09% | 28.11% | 25.80% | Upgrade |
Effective Tax Rate | 23.77% | 23.10% | 24.00% | 23.29% | 23.03% | 23.01% | Upgrade |
Revenue as Reported | 5,478 | 4,805 | 4,257 | 3,573 | 3,051 | 2,613 | Upgrade |
Updated Oct 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.