Brown & Brown Inc

Common Name
Brown & Brown
Country
United States
Sector
Financial Services
Industry
Insurance - Brokers
Employees
23,000
Ticker
BRO
Exchange
NEW YORK STOCK EXCHANGE, INC.
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...

Brown & Brown's Financial Statements Preview

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.

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All figures in billions of USD
2024 as of 2024-12-31
2023 as of 2023-12-31
Assets
Current assets
Cash and cash equivalents
0.68a
0.7a
Fiduciary cash
1.83a
1.6a
Short-term investments
0.01a
0.01a
Commission, fees and other receivables
0.9a
0.79a
Fiduciary receivables
1.12a
1.13a
Reinsurance recoverable
1.53a
0.13a
Prepaid reinsurance premiums
0.52a
0.46a
Other current assets
0.35a
0.31a
Total current assets
6.92a
5.13a
Fixed assets, net
0.32a
0.27a
Operating lease assets
0.2a
0.2a
Goodwill
7.97a
7.34a
Amortizable intangible assets, net
1.81a
1.62a
Investments
0.02a
0.02a
Other assets
0.37a
0.3a
Total assets
17.61a
14.88a
Liabilities and shareholders’ equity
Current liabilities
Fiduciary liabilities
2.94a
2.73a
Losses and loss adjustment reserve
1.54a
0.13a
Unearned premiums
0.58a
0.46a
Accounts payable
0.37a
0.46a
Accrued expenses and other liabilities
0.65a
0.61a
Current portion of long-term debt
0.23a
0.57a
Total current liabilities
6.31a
4.96a
Long-term debt less unamortized discount and debt issuance costs
3.6a
3.23a
Operating lease liabilities
0.19a
0.18a
Deferred income taxes, net
0.71a
0.62a
Other liabilities
0.36a
0.33a
Shareholders’ equity
Common stock
0.03a
0.03a
Additional paid-in capital
1.12a
1.03a
Treasury stock, at cost
-0.75a
-0.75a
Accumulated other comprehensive loss
-0.11a
-0.02a
Non-controlling interests
0.02a
0a
Retained earnings
6.13a
5.29a
Total shareholders’ equity
6.44a
5.58a
Total liabilities and shareholders’ equity
17.61a
14.88a
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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
a. Brown & Brown's Annual Report 2024
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