Brown & Brown, Inc.
BRO · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $4,705,000 | $4,199,000 | $3,563,000 | $3,047,500 |
| % Growth | 12.1% | 17.9% | 16.9% | – |
| Cost of Goods Sold | $2,406,000 | $2,187,000 | $1,817,000 | $1,636,900 |
| Gross Profit | $2,299,000 | $2,012,000 | $1,746,000 | $1,410,600 |
| % 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 | $932,000 | $856,000 | $783,000 | $555,900 |
| Operating Expenses | $932,000 | $856,000 | $783,000 | $555,900 |
| Operating Income | $1,367,000 | $1,156,000 | $963,000 | $854,700 |
| % Margin | 29.1% | 27.5% | 27% | 28% |
| Other Income/Exp. Net | -$64,000 | -$10,000 | -$87,000 | -$91,900 |
| Pre-Tax Income | $1,303,000 | $1,146,000 | $876,000 | $762,800 |
| Tax Expense | $301,000 | $275,600 | $204,300 | $175,700 |
| Net Income | $993,000 | $870,500 | $671,800 | $587,100 |
| % 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 | 282,000 | 280,800 | 278,101 | 276,024 |
| Weighted Avg Shares Out Dil | 284,000 | 280,800 | 278,600 | 277,414 |
| Supplemental Information | – | – | – | – |
| Interest Income | $0 | $0 | $0 | $0 |
| Interest Expense | $201,000 | $197,000 | $148,000 | $65,000 |
| Depreciation & Amortization | $222,000 | $206,000 | $186,000 | $152,900 |
| EBITDA | $1,726,000 | $1,549,000 | $1,210,000 | $980,700 |
| % Margin | 36.7% | 36.9% | 34% | 32.2% |