Brown & Brown (BRO) | Financial Analysis & Statements

Brown & Brown Inc. | Large-cap | Financial Services

$107.25

-0.52%

Brown & Brown vs Marsh & McLennan Brown & Brown vs Arthur J. Gallagher Brown & Brown vs Aon plc Brown & Brown vs Willis Towers Watson Brown & Brown vs Erie Indemnity Brown & Brown vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 4.7B

Gross Profit 2.3B 48.86%

Operating Income 1.4B 29.05%

Net Income 1.0B 21.30%

EPS (Diluted) $3.46

Balance Sheet Metrics

Total Assets 17.6B

Total Liabilities 11.2B

Shareholders Equity 6.4B

Debt to Equity 1.74

Cash Flow Metrics

Operating Cash Flow 1.2B

Free Cash Flow 1.1B

Revenue & Profitability Trend

Interactive Financial Charts Not Available

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Available Financial Data:

Income statements (annual and quarterly)
Balance sheets with asset and liability details
Cash flow statements and free cash flow analysis
Key financial ratios and performance metrics
Peer comparison and industry benchmarking

All financial data is displayed in accessible table format below. Use the table headers and structure to analyze trends and compare metrics across different periods.

Brown & Brown Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	4.7B	4.2B	3.6B	3.0B	2.6B
Cost of Goods Sold	2.4B	2.2B	1.8B	1.6B	1.4B
Gross Profit	2.3B	2.0B	1.7B	1.4B	1.2B
Operating Expenses	710.0M	649.9M	596.8M	403.0M	366.0M
Operating Income	1.4B	1.2B	963.7M	854.7M	668.9M
Pre-tax Income	1.3B	1.1B	876.1M	762.8M	624.1M
Income Tax	301.0M	275.6M	204.3M	175.7M	143.6M
Net Income	1.0B	870.5M	671.8M	587.1M	480.5M
EPS (Diluted)	$3.46	$3.05	$2.37	$2.07	$1.69

Income Statement Trend

Brown & Brown Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	6.9B	5.1B	5.0B	3.3B	3.0B
Non-Current Assets	10.7B	9.8B	9.0B	6.5B	6.0B
Total Assets	17.6B	14.9B	14.0B	9.8B	9.0B
Liabilities
Current Liabilities	6.3B	5.0B	4.6B	2.7B	2.4B
Non-Current Liabilities	4.9B	4.3B	4.8B	2.9B	2.9B
Total Liabilities	11.2B	9.3B	9.4B	5.6B	5.2B
Equity
Total Shareholders Equity	6.4B	5.6B	4.6B	4.2B	3.8B

Balance Sheet Composition

Brown & Brown Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	1.0B	870.5M	671.8M	587.1M	480.5M
Operating Cash Flow	1.2B	1.2B	849.4M	763.0M	690.7M
Investing Activities
Capital Expenditures	-82.0M	-68.9M	-52.6M	-45.0M	-70.7M
Investing Cash Flow	-898.0M	-587.0M	-1.9B	-396.8M	-759.1M
Financing Activities
Dividends Paid	-154.0M	-135.0M	-119.5M	-107.2M	-100.6M
Financing Cash Flow	-108.0M	-126.5M	1.7B	-244.1M	574.9M
Free Cash Flow	1.1B	940.6M	828.8M	763.8M	642.3M

Cash Flow Trend

Brown & Brown Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 30.90

Forward P/E 27.12

Price to Book 4.67

Price to Sales 7.53

PEG Ratio 27.12

Profitability Ratios

Profit Margin 21.21%

Operating Margin 32.63%

Return on Equity 16.52%

Return on Assets 5.68%

Financial Health

Current Ratio 1.20

Debt to Equity 59.03

Beta 0.84

Per Share Data

EPS (TTM) $3.59

Book Value per Share $23.77

Revenue per Share $17.20

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
bro	36.6B	30.90	4.67	16.52%	21.21%	59.03
Marsh & McLennan	108.0B	26.88	7.68	30.53%	16.13%	157.13
Arthur J. Gallagher	83.0B	50.02	3.72	9.30%	13.86%	60.05
Aon plc	76.6B	30.68	10.94	72.01%	15.58%	254.47
Willis Towers Watson	30.1B	29.11	3.70	-0.48%	-0.54%	72.17
Erie Indemnity	18.7B	30.40	9.03	32.38%	15.73%	0.62

Financial data is updated regularly. All figures are in the company's reporting currency.