Brown & Brown, Inc. (BRO)
NYSE: BRO · Real-Time Price · USD
69.35
-0.09 (-0.13%)
Jul 17, 2026, 4:00 PM EDT - Market closed
Brown & Brown Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 6,259 | 5,763 | 4,705 | 4,199 | 3,563 | 3,048 | |
Revenue Growth (YoY) | 28.95% | 22.49% | 12.05% | 17.85% | 16.92% | 16.94% |
Cost of Revenue | 3,159 | 2,935 | 2,406 | 2,187 | 1,817 | 1,637 |
Gross Profit | 3,100 | 2,828 | 2,299 | 2,012 | 1,746 | 1,411 |
Depreciation & Amortization Expenses | 435 | 367 | 222 | 206 | 186 | 152.9 |
Other Operating Expenses | 1,063 | 959 | 710 | 650 | 597 | 403 |
Total Operating Expenses | 1,498 | 1,326 | 932 | 856 | 783 | 555.9 |
Operating Income | 1,602 | 1,502 | 1,367 | 1,156 | 963 | 854.7 |
Interest Income | 140 | 139 | 100 | 58 | 7 | 1.1 |
Interest Expense | -350 | -297 | -193 | -190 | -141 | -65 |
Other Non-Operating Income (Expense) | -34 | 27 | 29 | 122 | 47 | -28 |
Total Non-Operating Income (Expense) | -244 | -131 | -64 | -10 | -87 | -91.9 |
Pretax Income | 1,476 | 1,371 | 1,303 | 1,146 | 876 | 762.8 |
Provision for Income Taxes | 318 | 304 | 301 | 275 | 204 | 175.7 |
Net Income | 1,158 | 1,067 | 1,002 | 871 | 672 | 587.1 |
Minority Interest in Earnings | 10 | 13 | 9 | - | - | - |
Net Income to Common | 1,148 | 1,054 | 993 | 871 | 672 | 587.1 |
Net Income Growth | 11.24% | 6.14% | 14.01% | 29.61% | 14.46% | 22.18% |
Shares Outstanding (Basic) | 322 | 310 | 282 | 280 | 278 | 276 |
Shares Outstanding (Diluted) | 325 | 313 | 284 | 281 | 279 | 277 |
Shares Change (YoY) | 14.52% | 10.21% | 1.07% | 0.72% | 0.58% | 0.58% |
EPS (Basic) | 3.52 | 3.37 | 3.48 | 3.07 | 2.38 | 2.08 |
EPS (Diluted) | 3.11 | 3.16 | 3.46 | 3.05 | 2.37 | 2.07 |
EPS Growth | -13.37% | -8.67% | 13.44% | 28.69% | 14.49% | 21.77% |
Free Cash Flow | 1,427 | 1,382 | 1,092 | 941 | 829 | 763.8 |
Free Cash Flow Growth | 3.26% | 26.56% | 16.05% | 13.51% | 8.54% | 18.92% |
Free Cash Flow Per Share | 4.39 | 4.42 | 3.85 | 3.35 | 2.97 | 2.75 |
Dividends Per Share | 0.630 | 0.615 | 0.540 | 0.480 | 0.420 | 0.380 |
Dividend Growth | 2.44% | 13.89% | 12.50% | 14.29% | 10.53% | 8.57% |
Gross Margin | 49.53% | 49.07% | 48.86% | 47.92% | 49.00% | 46.29% |
Operating Margin | 25.60% | 26.06% | 29.05% | 27.53% | 27.03% | 28.05% |
Profit Margin | 18.50% | 18.51% | 21.30% | 20.74% | 18.86% | 19.27% |
FCF Margin | 22.80% | 23.98% | 23.21% | 22.41% | 23.27% | 25.06% |
EBITDA | 2,038 | 1,869 | 1,589 | 1,362 | 1,149 | 1,010 |
EBITDA Margin | 32.56% | 32.43% | 33.77% | 32.44% | 32.25% | 33.16% |
EBIT | 1,602 | 1,502 | 1,367 | 1,156 | 963 | 854.7 |
EBIT Margin | 25.60% | 26.06% | 29.05% | 27.53% | 27.03% | 28.05% |
Effective Tax Rate | 21.54% | 22.17% | 23.10% | 24.00% | 23.29% | 23.03% |