Brown & Brown, Inc. (BRO) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
Brown & Brown Inc is a diversified insurance agency, wholesale brokerage, insurance programs, and service. The company's business is divided into two reportable segments: (i) the Retail segment, an...
Brown & Brown, Inc.'s revenue increased 22.8% year over year, from $4.80B to $5.90B.
Net income increased 6.1% over the same period, from $993.0M to $1.05B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 234% in total.
Total debt increased by 91.6% to $6.89B.
The debt-to-equity ratio stands at 0.55, indicating a moderate leverage profile.
Operating cash flow grew 23.5% to $1.45B.
Brown & Brown, Inc. maintains a healthy net profit margin of 17.9%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $1.23B+6.7% | $240.0M | $296.0M | $440.0M | $17.52B | $3.37B | $6.48B |
| Q4 FY2024 | $1.18B-3.9% | $210.0M | $275.0M | $361.0M | $17.61B | $3.60B | $6.44B |
| Q1 FY2025 | $1.40B+18.7% | $331.0M | $427.0M | $213.0M | $16.76B | $3.73B | $6.84B |
| Q2 FY2025 | $1.28B-8.5% | $232.0M | $311.0M | $325.0M | $25.64B | $7.47B | $11.62B |
| Q3 FY2025 | $1.61B+25.0% | $227.0M | $312.0M | $468.0M | $29.35B | $7.65B | $12.41B |
| Q4 FY2025 | $1.61B+0.1% | $264.0M | $321.0M | $444.0M | $29.99B | $6.89B | $12.57B |
| Q1 FY2026 | $1.90B+18.3% | $426.0M | $533.0M | $262.0M | N/A | N/A | N/A |
| Q2 FY2026 | $1.68B-11.8% | $288.0M | $1.05B | $346.0M | N/A | N/A | N/A |
Balance Sheet Summary (FY2025)
Brown & Brown, Inc. (BRO) Financial Statements & Revenue History
Brown & Brown, Inc. (BRO) is a US-listed stock operating in the Financial Services sector, specifically the Insurance Agents, Brokers & Service industry trading at $69.30 with a market capitalization of $23. This page provides 42 historical financial statements for Brown & Brown, Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Brown & Brown, Inc. reported revenue of $5.9 billion, representing 22.8% year-over-year growth. The net profit margin of 17.9% reflects strong profitability. The debt-to-equity ratio of 0.55 reflects moderate leverage.
BRO Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Brown & Brown, Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether BRO is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track BRO's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Brown & Brown, Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of BRO's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use BRO Financial Data
Investors use Brown & Brown, Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare BRO's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how BRO's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View BRO's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Brown & Brown, Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.BRO trades on NYSE. This page is for informational purposes only and is not financial advice.