Brown & Brown Inc

Common Name

Brown & Brown

Country

United States

Sector

Financial Services

Industry

Insurance - Brokers

Employees

17,403

Ticker

BRO

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.bbrown.com

Description

Brown & Brown Inc. is a leading global insurance brokerage and risk management firm, founded in 1939. With a core focus on marketing and selling insurance solutions, the company offers a comprehensive... Show more

Financial Statements of Brown & Brown

Below are the financial statements of Brown & Brown, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in billions of USD	2024	2023
Current assets	—	—
Cash and cash equivalents	0.68^a	0.7^a
Fiduciary cash	1.83^a	1.6^a
Short-term investments	0.01^a	0.01^a
Commission, fees and other receivables	0.9^a	0.79^a
Fiduciary receivables	1.12^a	1.13^a
Reinsurance recoverable	1.53^a	0.13^a
Prepaid reinsurance premiums	0.52^a	0.46^a
Other current assets	0.35^a	0.31^a
Total current assets	6.92^a	5.13^a
Assets	—	—
Fixed assets, net	0.32^a	0.27^a
Operating lease assets	0.2^a	0.2^a
Goodwill	7.97^a	7.34^a
Amortizable intangible assets, net	1.81^a	1.62^a
Investments	0.02^a	0.02^a
Other assets	0.37^a	0.3^a
Total assets	17.61^a	14.88^a
Current liabilities	—	—
Fiduciary liabilities	2.94^a	2.73^a
Losses and loss adjustment reserve	1.54^a	0.13^a
Unearned premiums	0.58^a	0.46^a
Accounts payable	0.37^a	0.46^a
Accrued expenses and other liabilities	0.65^a	0.61^a
Current portion of long-term debt	0.23^a	0.57^a
Total current liabilities	6.31^a	4.96^a
Liabilities and shareholders’ equity	—	—
Long-term debt less unamortized discount and debt issuance costs	3.6^a	3.23^a
Operating lease liabilities	0.19^a	0.18^a
Deferred income taxes, net	0.71^a	0.62^a
Other liabilities	0.36^a	0.33^a
Shareholders’ equity	—	—
Common stock	0.03^a	0.03^a
Additional paid-in capital	1.12^a	1.03^a
Treasury stock, at cost	-0.75^a	-0.75^a
Accumulated other comprehensive loss	-0.11^a	-0.02^a
Non-controlling interests	0.02^a	0^a
Retained earnings	6.13^a	5.29^a
Total shareholders’ equity	6.44^a	5.58^a
Total liabilities and shareholders’ equity	17.61^a	14.88^a

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Verified Sources Behind Brown & Brown’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Brown & Brown’s data sources below and access millions more through our Disclosure Search.

a. Brown & Brown's Annual Report 2024

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Brown & Brown Inc

Financial Statements of Brown & Brown

Verified Sources Behind Brown & Brown’s Financial Fundamentals Data

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