Brown & Brown, Inc.
BRO · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $1,002,000 | $871,000 | $672,000 | $587,100 |
| Dep. & Amort. | $222,000 | $206,000 | $186,000 | $152,900 |
| Deferred Tax | $13,000 | $12,000 | $43,000 | $33,600 |
| Stock-Based Comp. | $101,000 | $89,000 | $66,000 | $61,000 |
| Change in WC | -$105,000 | -$25,000 | -$16,000 | -$41,400 |
| Other Non-Cash | -$59,000 | -$143,000 | -$70,000 | $15,600 |
| Operating Cash Flow | $1,174,000 | $1,010,000 | $881,000 | $808,800 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$82,000 | -$69,000 | -$52,000 | -$45,000 |
| Net Acquisitions | -$820,000 | -$524,000 | -$1,868,000 | -$350,200 |
| Inv. Purchases | -$7,000 | -$7,000 | $0 | -$12,400 |
| Inv. Sales/Matur. | $11,000 | $13,000 | $7,000 | $10,800 |
| Other Inv. Act. | $0 | $0 | $0 | $0 |
| Investing Cash Flow | -$898,000 | -$587,000 | -$1,913,000 | -$396,800 |
| Financing Activities | – | – | – | – |
| Debt Repay. | $30,000 | -$151,000 | $1,939,000 | -$73,100 |
| Stock Issued | $0 | $0 | $0 | $0 |
| Stock Repurch. | -$55,000 | -$40,000 | -$123,000 | -$132,400 |
| Dividends Paid | -$154,000 | -$135,000 | -$120,000 | -$107,200 |
| Other Fin. Act. | $115,000 | $139,000 | $30,000 | $102,600 |
| Financing Cash Flow | -$64,000 | -$187,000 | $1,726,000 | -$210,100 |
| Forex Effect | -$13,000 | $34,000 | -$131,000 | -$3,600 |
| Net Chg. in Cash | $199,000 | $270,000 | $563,000 | $198,300 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $2,303,000 | $2,033,000 | $1,470,000 | $1,271,900 |
| End Cash | $2,502,000 | $2,303,000 | $2,033,000 | $1,470,200 |
| Free Cash Flow | $1,092,000 | $941,000 | $829,000 | $763,800 |