Brown & Brown, Inc. (BRO)
NYSE: BRO · Real-Time Price · USD
67.84
+1.96 (2.98%)
At close: Oct 29, 2026, 4:00 PM EDT
67.84
0.00 (0.00%)
After-hours: Oct 29, 2026, 4:15 PM EDT
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 | Sep '26 Sep 30, 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 |
Operating Revenue | 6,814 | 5,763 | 4,705 | 4,199 | 3,563 | 3,048 |
Other Revenue | - | - | - | - | 3 | 2.8 |
| 6,814 | 5,763 | 4,705 | 4,199 | 3,566 | 3,050 | |
Revenue Growth | 27.53% | 22.49% | 12.05% | 17.75% | 16.91% | 16.84% |
Cost of Revenue | 3,421 | 2,935 | 2,406 | 2,187 | 1,817 | 1,637 |
Gross Profit | 3,393 | 2,828 | 2,299 | 2,012 | 1,749 | 1,413 |
Amortization of Goodwill & Intangibles | 453 | 312 | 178 | 166 | 147 | 119.6 |
Other Operating Expenses | 1,040 | 846 | 710 | 650 | 597 | 403 |
Operating Expenses | 1,564 | 1,213 | 932 | 856 | 783 | 555.9 |
Operating Income | 1,829 | 1,615 | 1,367 | 1,156 | 966 | 857.5 |
Interest Expense | -399 | -297 | -193 | -190 | -141 | -65 |
Interest & Investment Income | 95 | 139 | 100 | 58 | 7 | 1.1 |
EBT Excluding Unusual Items | 1,525 | 1,457 | 1,274 | 1,024 | 832 | 793.6 |
Merger & Restructuring Charges | -113 | -113 | - | - | - | - |
Gain (Loss) on Sale of Assets | -1 | -2 | 31 | 143 | 5 | 9.6 |
Other Unusual Items | 145 | 29 | -2 | -21 | 39 | -40.4 |
Pretax Income | 1,556 | 1,371 | 1,303 | 1,146 | 876 | 762.8 |
Income Tax Expense | 331 | 304 | 301 | 275 | 204 | 175.7 |
Earnings From Continuing Operations | 1,225 | 1,067 | 1,002 | 871 | 672 | 587.1 |
Minority Interest in Earnings | -7 | -13 | -9 | - | - | - |
Net Income | 1,218 | 1,054 | 993 | 871 | 672 | 587.1 |
Preferred Dividends & Other Adjustments | 16 | 11 | 12 | 13 | 13 | 12.9 |
Net Income to Common | 1,202 | 1,043 | 981 | 858 | 659 | 574.2 |
Net Income Growth | 21.54% | 6.32% | 14.34% | 30.20% | 14.77% | 23.40% |
Shares Outstanding (Basic) | 330 | 310 | 282 | 280 | 278 | 276 |
Shares Outstanding (Diluted) | 336 | 313 | 284 | 281 | 279 | 277 |
Shares Change | 11.93% | 10.21% | 1.07% | 0.72% | 0.58% | 0.58% |
EPS (Basic) | 3.65 | 3.36 | 3.48 | 3.06 | 2.37 | 2.08 |
EPS (Diluted) | 3.18 | 3.16 | 3.46 | 3.05 | 2.37 | 2.07 |
EPS Growth | -3.94% | -8.67% | 13.44% | 28.69% | 14.49% | 22.48% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Free Cash Flow | 1,487 | 1,382 | 1,092 | 941 | 829 | 763.8 |
Free Cash Flow Per Share | 4.43 | 4.42 | 3.85 | 3.35 | 2.97 | 2.75 |
Dividend Per Share | 0.660 | 0.615 | 0.540 | 0.480 | 0.420 | 0.380 |
Dividend Growth | 10.00% | 13.89% | 12.50% | 14.29% | 10.53% | 8.57% |
Gross Margin | 49.80% | 49.07% | 48.86% | 47.92% | 49.05% | 46.34% |
Operating Margin | 26.84% | 28.02% | 29.05% | 27.53% | 27.09% | 28.11% |
Profit Margin | 17.64% | 18.10% | 20.85% | 20.43% | 18.48% | 18.82% |
Free Cash Flow Margin | 21.82% | 23.98% | 23.21% | 22.41% | 23.25% | 25.04% |
EBITDA | 2,353 | 1,982 | 1,589 | 1,362 | 1,152 | 1,010 |
EBITDA Margin | 34.53% | 34.39% | 33.77% | 32.44% | 32.30% | 33.13% |
D&A For EBITDA | 524 | 367 | 222 | 206 | 186 | 152.9 |
EBIT | 1,829 | 1,615 | 1,367 | 1,156 | 966 | 857.5 |
EBIT Margin | 26.84% | 28.02% | 29.05% | 27.53% | 27.09% | 28.11% |
Effective Tax Rate | 21.27% | 22.17% | 23.10% | 24.00% | 23.29% | 23.03% |
Revenue as Reported | 6,909 | 5,902 | 4,805 | 4,257 | 3,573 | 3,051 |