Brown & Brown, Inc. (BRO)

Brown & Brown Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,190	675	700	650	693.2	817.4
Short-Term Investments	-	10	11	12	12.9	18.33
Cash & Short-Term Investments	1,190	685	711	662	706.1	835.73
Cash Growth	22.93%	-3.66%	7.40%	-6.25%	-15.51%	50.72%
Receivables	2,060	2,422	915	1,474	585.7	1,143
Prepaid Expenses	790	520	462	393.2	392.2	377.62
Restricted Cash	-	-	-	-	-	454.52
Other Current Assets	4,103	3,297	3,042	2,467	1,646	147.67
Total Current Assets	8,143	6,924	5,130	4,996	3,330	2,958
Property, Plant & Equipment	635	519	469	454.8	409	388.11
Long-Term Investments	-	19	21	22.4	31	24.97
Goodwill	14,891	7,970	7,341	6,674	4,737	4,396
Other Intangible Assets	4,952	1,814	1,621	1,595	1,082	1,050
Long-Term Deferred Charges	-	119	96	76	58.2	42.2
Other Long-Term Assets	733	247	205	154.9	148.6	107.38
Total Assets	29,354	17,612	14,883	13,974	9,795	8,966
Accounts Payable	849	373	459	286.5	242.7	1,389
Accrued Expenses	840	421	386	347.2	293.7	222.85
Current Portion of Long-Term Debt	75	225	569	250.6	42.5	70
Current Portion of Leases	-	47	45	45	43.4	43.54
Current Unearned Revenue	887	657	540	492.2	459.6	431.57
Other Current Liabilities	4,239	4,591	2,957	3,175	1,586	197.37
Total Current Liabilities	6,890	6,314	4,956	4,597	2,667	2,354
Long-Term Debt	7,653	3,599	3,227	3,692	1,980	2,026
Long-Term Leases	243	189	179	195.9	180	172.94
Long-Term Unearned Revenue	-	39	35	33.4	30.5	27
Long-Term Deferred Tax Liabilities	857	711	616	584	386.8	344.22
Other Long-Term Liabilities	1,304	323	291	265.5	353.4	287.85
Total Liabilities	16,947	11,175	9,304	9,367	5,599	5,212
Common Stock	36	31	30	30.3	30.1	29.97
Additional Paid-In Capital	6,117	1,118	1,027	919.7	849.4	794.91
Retained Earnings	6,781	6,128	5,289	4,553	4,001	3,521
Treasury Stock	-748	-748	-748	-748	-673.9	-591.34
Comprehensive Income & Other	200	-109	-19	-148.4	-9.4	-
Total Common Equity	12,386	6,420	5,579	4,607	4,197	3,754
Minority Interest	21	17	-	-	-	-
Shareholders' Equity	12,407	6,437	5,579	4,607	4,197	3,754
Total Liabilities & Equity	29,354	17,612	14,883	13,974	9,795	8,966
Total Debt	7,971	4,060	4,020	4,183	2,246	2,312
Net Cash (Debt)	-6,781	-3,375	-3,309	-3,521	-1,540	-1,477
Net Cash Per Share	-22.62	-11.88	-11.78	-12.62	-5.55	-5.35
Filing Date Shares Outstanding	337	285.93	285.8	284.29	282.22	282.09
Total Common Shares Outstanding	337	286	284.6	283.2	282.5	283
Working Capital	1,253	610	174	399.4	662.9	603.9
Book Value Per Share	36.75	22.45	19.60	16.27	14.86	13.27
Tangible Book Value	-7,457	-3,364	-3,383	-3,663	-1,621	-1,691
Tangible Book Value Per Share	-22.13	-11.76	-11.89	-12.93	-5.74	-5.98
Land	-	136	117	108.4	97.2	8.43
Machinery	-	382	345	307.2	259.1	259.52
Construction In Progress	-	-	-	-	-	81.74
Leasehold Improvements	-	73	62	61.3	52.1	42.26

Updated Oct 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q