Brown & Brown, Inc. (BRO)
NYSE: BRO · Real-Time Price · USD
68.26
+0.61 (0.90%)
Mar 13, 2026, 4:00 PM EDT - Market closed

Brown & Brown Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
1,0671,002871672587.1
Depreciation & Amortization
367222206186155.7
Stock-Based Compensation
93101896661
Other Adjustments
-30-46-131-2746.4
Change in Receivables
-95-94-106-61-61.9
Changes in Accounts Payable
11-4726012454.4
Changes in Accrued Expenses
1835433766.9
Changes in Unearned Revenue
177115502014.6
Changes in Other Operating Activities
-158-114-272-136-115.4
Operating Cash Flow
1,4501,1741,010881808.8
Operating Cash Flow Growth
23.51%16.24%14.64%8.93%13.44%
Capital Expenditures
-68-82-69-52-45
Purchases of Investments
-----12.4
Proceeds from Sale of Investments
---710.8
Payments for Business Acquisitions
-7,854-890-631-1,928-366.8
Other Investing Activities
8741136016.6
Investing Cash Flow
-7,914-898-587-1,913-396.8
Short-Term Debt Issued
450500420350-
Short-Term Debt Repaid
-600-350-320-350-
Net Short-Term Debt Issued (Repaid)
-150150100--
Long-Term Debt Issued
4,192599-2,000-
Long-Term Debt Repaid
-225-719-251-61-73.1
Net Long-Term Debt Issued (Repaid)
3,967-120-2511,939-73.1
Issuance of Common Stock
4,36344403834
Repurchase of Common Stock
-142-55-40-123-132.4
Net Common Stock Issued (Repurchased)
4,221-11--85-98.4
Common Dividends Paid
-193-154-135-120-107.2
Other Financing Activities
-1327199-868.6
Financing Cash Flow
7,713-64-1871,726-210.1
Effect of Exchange Rate Changes on Cash and Cash Equivalents
64-1334-131-3.6
Net Cash Flow
1,313199270563198.3
Free Cash Flow
1,3821,092941829763.8
Free Cash Flow Growth
26.56%16.05%13.51%8.54%18.92%
FCF Margin
23.42%22.73%22.10%23.20%25.03%
Free Cash Flow Per Share
4.423.853.352.972.75
Levered Free Cash Flow
5,2181,1529382,790645.2
Unlevered Free Cash Flow
1,6241,2571,141925.41792.03
Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q