Brown & Brown, Inc.
BRO · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $4,705 | $4,199 | $3,563 | $3,048 |
| % Growth | 12.1% | 17.9% | 16.9% | – |
| Cost of Goods Sold | $2,406 | $2,187 | $1,817 | $1,637 |
| Gross Profit | $2,299 | $2,012 | $1,746 | $1,411 |
| % Margin | 48.9% | 47.9% | 49% | 46.3% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $0 | $0 | $0 | $0 |
| SG&A Expenses | $0 | $0 | $0 | $0 |
| Sales & Mktg Exp. | $0 | $0 | $0 | $0 |
| Other Operating Expenses | $932 | $856 | $783 | $556 |
| Operating Expenses | $932 | $856 | $783 | $556 |
| Operating Income | $1,367 | $1,156 | $963 | $855 |
| % Margin | 29.1% | 27.5% | 27% | 28% |
| Other Income/Exp. Net | -$64 | -$10 | -$87 | -$92 |
| Pre-Tax Income | $1,303 | $1,146 | $876 | $763 |
| Tax Expense | $301 | $276 | $204 | $176 |
| Net Income | $993 | $871 | $672 | $587 |
| % Margin | 21.1% | 20.7% | 18.9% | 19.3% |
| EPS | 3.48 | 3.07 | 2.38 | 2.08 |
| % Growth | 13.4% | 29% | 14.4% | – |
| EPS Diluted | 3.46 | 3.05 | 2.37 | 2.07 |
| Weighted Avg Shares Out | 282 | 281 | 278 | 276 |
| Weighted Avg Shares Out Dil | 284 | 281 | 279 | 277 |
| Supplemental Information | – | – | – | – |
| Interest Income | $0 | $0 | $0 | $0 |
| Interest Expense | $201 | $197 | $148 | $65 |
| Depreciation & Amortization | $222 | $206 | $186 | $153 |
| EBITDA | $1,726 | $1,549 | $1,210 | $981 |
| % Margin | 36.7% | 36.9% | 34% | 32.2% |