Brown & Brown, Inc. (BRO)
Growth
Revenue 5Y13.57%
Revenue 3Y13.73%
EPS 5Y10.55%
EPS 3Y18.29%
Dividend 5Y8.60%
Dividend 3Y8.70%
Capital Efficiency
ROIC10.89%
ROE15.32%
ROA4.81%
ROTA5.43%
Capital Structure
Market Cap16.30B
EV19.79B
Cash650M
Current Ratio1.09
Debt/Equity0.67
Net Debt/EBITDA3.13
BRO
Income Statement
Select a metric from the list below to chart it
Dec '85
Dec '92
Dec '99
Dec '06
Dec '13
Dec '20
| Income Statement | Dec '13 | Dec '14 | Dec '15 | Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,355.5 | 1,567.5 | 1,657.0 | 1,762.8 | 1,857.3 | 2,009.9 | 2,384.7 | 2,606.1 | 3,047.5 | 3,573.4 | |
| Revenue % Chg. | 14.0% | 15.6% | 5.7% | 6.4% | 5.4% | 8.2% | 18.7% | 9.3% | 16.9% | 17.3% | |
| Cost of Revenue | 683.0 | 791.7 | 841.4 | 925.2 | 994.7 | 1,068.9 | 1,308.2 | 1,436.4 | 1,636.9 | 1,816.9 | |
| Cost of Revenue % Chg. | 12.2% | 15.9% | 6.3% | 10.0% | 7.5% | 7.5% | 22.4% | 9.8% | 14.0% | 11.0% | |
| Gross Profit | 672.5 | 775.7 | 815.5 | 837.6 | 862.6 | 940.9 | 1,076.6 | 1,169.7 | 1,410.6 | 1,756.5 | |
| Gross Profit % Chg. | 15.8% | 15.3% | 5.1% | 2.7% | 3.0% | 9.1% | 14.4% | 8.7% | 20.6% | 24.5% | |
| Gross Profit Margin | 49.6% | 49.5% | 49.2% | 47.5% | 46.4% | 46.8% | 45.1% | 44.9% | 46.3% | 49.2% | |
| Gross Profit Margin % Chg. | 1.6% | -0.3% | -0.5% | -3.5% | -2.2% | 0.8% | -3.6% | -0.6% | 3.1% | 6.2% | |
| Selling, General, & Admin Expenses | 22.6 | 19.4 | 15.5 | - | - | - | - | - | - | - | |
| Selling, General, & Admin Expenses % Chg. | 42.5% | -14.3% | -19.9% | - | - | - | - | - | - | - | |
| Other Expenses | 281.1 | 339.2 | 359.4 | 370.5 | 391.6 | 441.5 | 505.8 | 500.8 | 555.8 | 596.8 | |
| Other Expenses % Chg. | 11.0% | 20.7% | 6.0% | 3.1% | 5.7% | 12.7% | 14.6% | -1.0% | 11.0% | 7.4% | |
| Operating Income | 368.8 | 417.2 | 440.6 | 467.0 | 471.0 | 499.4 | 570.8 | 669.0 | 854.8 | 1,159.7 | |
| Operating Income % Chg. | 18.4% | 13.1% | 5.6% | 6.0% | 0.9% | 6.0% | 14.3% | 17.2% | 27.8% | 35.7% | |
| Operating Income Margin | 27.2% | 26.6% | 26.6% | 26.5% | 25.4% | 24.8% | 23.9% | 25.7% | 28.0% | 32.5% | |
| Operating Income Margin % Chg. | 3.9% | -2.2% | -0.1% | -0.4% | -4.3% | -2.0% | -3.7% | 7.2% | 9.3% | 15.7% | |
| Total Other Income/Expenses Net | -11.2 | -77.4 | -38.1 | -43.5 | -21.3 | -37.0 | -44.8 | -44.9 | -91.9 | -283.6 | |
| Total Other Income/Expenses Net % Chg. | 70.6% | 591.6% | 50.8% | 14.3% | 51.1% | 73.8% | 21.2% | 0.0% | 105.0% | 208.4% | |
| Income Before Tax | 357.6 | 339.7 | 402.6 | 423.5 | 449.7 | 462.5 | 525.9 | 624.1 | 762.8 | 876.1 | |
| Income Before Tax % Chg. | 17.3% | -5.0% | 18.5% | 5.2% | 6.2% | 2.8% | 13.7% | 18.7% | 22.2% | 14.8% | |
| Income Before Tax Margin | 26.4% | 21.7% | 24.3% | 24.0% | 24.2% | 23.0% | 22.1% | 23.9% | 25.0% | 24.5% | |
| Income Before Tax Margin % Chg. | 2.9% | -17.8% | 12.1% | -1.1% | 0.8% | -5.0% | -4.2% | 8.6% | 4.5% | -2.1% | |
| Income Tax Expense | 140.5 | 132.9 | 159.2 | 166.0 | 50.1 | 118.2 | 127.4 | 143.6 | 175.7 | 204.3 | |
| Income Tax Expense % Chg. | 16.3% | -5.4% | 19.9% | 4.2% | -69.8% | 136.0% | 7.8% | 12.7% | 22.4% | 16.3% | |
| Net Income | 217.1 | 206.9 | 243.3 | 257.5 | 399.6 | 344.3 | 398.5 | 480.5 | 587.1 | 671.8 | |
| Net Income % Chg. | 18.0% | -4.7% | 17.6% | 5.8% | 55.2% | -13.9% | 15.8% | 20.6% | 22.2% | 14.4% | |
| Net Income Margin | 16.0% | 13.2% | 14.7% | 14.6% | 21.5% | 17.1% | 16.7% | 18.4% | 19.3% | 18.8% | |
| Net Income Margin % Chg. | 3.5% | -17.6% | 11.3% | -0.5% | 47.3% | -20.4% | -2.4% | 10.3% | 4.5% | -2.4% | |
| Weighted Avg. Shares Out | 282.1 | 281.9 | 275.6 | 272.3 | 272.6 | 271.0 | 272.5 | 274.3 | 276.0 | 277.5 | |
| Weighted Avg. Shares Out % Chg. | 1.2% | -0.1% | -2.2% | -1.2% | 0.1% | -0.6% | 0.5% | 0.7% | 0.6% | 0.5% | |
| EPS | 0.8 | 0.7 | 0.9 | 0.9 | 1.4 | 1.2 | 1.4 | 1.7 | 2.1 | 2.4 | |
| EPS % Chg. | 17.2% | -4.7% | 20.3% | 7.0% | 55.4% | -13.3% | 14.5% | 19.7% | 22.4% | 16.3% | |
| Weighted Avg. Shares Out Dil | 285.2 | 285.8 | 280.2 | 275.6 | 277.6 | 275.5 | 274.6 | 275.9 | 277.4 | 278.7 | |
| Weighted Avg. Shares Out Dil % Chg. | 0.4% | 0.2% | -1.9% | -1.6% | 0.7% | -0.7% | -0.3% | 0.5% | 0.6% | 0.4% | |
| EPS Diluted | 0.7 | 0.7 | 0.9 | 0.9 | 1.4 | 1.2 | 1.4 | 1.7 | 2.1 | 2.4 | |
| EPS Diluted % Chg. | 17.5% | -4.7% | 20.6% | 7.1% | 54.4% | -13.2% | 14.8% | 20.7% | 22.5% | 16.4% | |
| Interest Expense | 16.4 | 28.4 | 39.2 | 39.5 | 38.3 | 40.6 | 63.7 | 59.0 | 71.2 | - | |
| Interest Expense % Chg. | 2.1% | 72.8% | 38.2% | 0.6% | -3.0% | 5.9% | 56.9% | -7.4% | 20.8% | - | |
| EBIT | 341.2 | 311.3 | 363.3 | 384.0 | 411.4 | 421.9 | 462.3 | 565.1 | 691.6 | 876.1 | |
| EBIT % Chg. | 18.2% | -8.7% | 16.7% | 5.7% | 7.1% | 2.5% | 9.6% | 22.3% | 22.4% | 26.7% | |
| EBIT Margin | 25.2% | 19.9% | 21.9% | 21.8% | 22.2% | 21.0% | 19.4% | 21.7% | 22.7% | 24.5% | |
| EBIT Margin % Chg. | 3.7% | -21.1% | 10.4% | -0.6% | 1.7% | -5.2% | -7.7% | 11.9% | 4.7% | 8.0% | |
| Depreciation & Amortization | 85.4 | 103.8 | 108.3 | 107.7 | 108.1 | 109.4 | 128.7 | 134.8 | 152.9 | 185.8 | |
| Depreciation & Amortization % Chg. | 8.2% | 21.6% | 4.3% | -0.6% | 0.4% | 1.1% | 17.7% | 4.7% | 13.4% | 21.5% | |
| EBITDA | 426.6 | 415.2 | 471.6 | 491.7 | 519.6 | 531.3 | 591.0 | 699.9 | 844.5 | 1,061.9 | |
| EBITDA % Chg. | 16.0% | -2.7% | 13.6% | 4.3% | 5.7% | 2.3% | 11.2% | 18.4% | 20.7% | 25.7% | |
| EBITDA Margin | 31.5% | 26.5% | 28.5% | 27.9% | 28.0% | 26.4% | 24.8% | 26.9% | 27.7% | 29.7% | |
| EBITDA Margin % Chg. | 1.8% | -15.8% | 7.5% | -2.0% | 0.3% | -5.5% | -6.2% | 8.4% | 3.2% | 7.2% |