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
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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%