Brown & Brown, Inc.
BRO · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $1,002 | $871 | $672 | $587 |
| Dep. & Amort. | $222 | $206 | $186 | $153 |
| Deferred Tax | $13 | $12 | $43 | $34 |
| Stock-Based Comp. | $101 | $89 | $66 | $61 |
| Change in WC | -$105 | -$25 | -$16 | -$41 |
| Other Non-Cash | -$59 | -$143 | -$70 | $16 |
| Operating Cash Flow | $1,174 | $1,010 | $881 | $809 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$82 | -$69 | -$52 | -$45 |
| Net Acquisitions | -$820 | -$524 | -$1,868 | -$350 |
| Inv. Purchases | -$7 | -$7 | $0 | -$12 |
| Inv. Sales/Matur. | $11 | $13 | $7 | $11 |
| Other Inv. Act. | $0 | $0 | $0 | $0 |
| Investing Cash Flow | -$898 | -$587 | -$1,913 | -$397 |
| Financing Activities | – | – | – | – |
| Debt Repay. | $30 | -$151 | $1,939 | -$73 |
| Stock Issued | $0 | $0 | $0 | $0 |
| Stock Repurch. | -$55 | -$40 | -$123 | -$132 |
| Dividends Paid | -$154 | -$135 | -$120 | -$107 |
| Other Fin. Act. | $115 | $139 | $30 | $103 |
| Financing Cash Flow | -$64 | -$187 | $1,726 | -$210 |
| Forex Effect | -$13 | $34 | -$131 | -$4 |
| Net Chg. in Cash | $199 | $270 | $563 | $198 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $2,303 | $2,033 | $1,470 | $1,272 |
| End Cash | $2,502 | $2,303 | $2,033 | $1,470 |
| Free Cash Flow | $1,092 | $941 | $829 | $764 |