BRO
Income statement / Annual
Last year (2024), Brown & Brown, Inc.'s total revenue was $4.71 B,
an increase of 12.05% from the previous year.
In 2024, Brown & Brown, Inc.'s net income was $993.00 M.
See Brown & Brown, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$4.71 B |
$4.20 B |
$3.56 B |
$3.05 B |
$2.61 B |
$2.38 B |
$2.01 B |
$1.86 B |
$1.76 B |
$1.66 B |
| Cost of Revenue |
$2.41 B
|
$2.19 B
|
$1.82 B
|
$1.64 B
|
$1.44 B
|
$1.31 B
|
$1.07 B
|
$994.65 M
|
$925.22 M
|
$856.95 M
|
| Gross Profit |
$2.30 B
|
$2.01 B
|
$1.75 B
|
$1.41 B
|
$1.17 B
|
$1.08 B
|
$940.94 M
|
$862.62 M
|
$837.57 M
|
$800.00 M
|
| Gross Profit Ratio |
0.49
|
0.48
|
0.49
|
0.46
|
0.45
|
0.45
|
0.47
|
0.46
|
0.48
|
0.48
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$15.50 M
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$13.00 K
|
| Selling, General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$15.51 M
|
| Other Expenses |
$932.00 M
|
$856.00 M
|
$783.00 M
|
$555.90 M
|
$500.80 M
|
$505.80 M
|
$441.50 M
|
$391.61 M
|
$370.54 M
|
$343.85 M
|
| Operating Expenses |
$932.00 M
|
$856.00 M
|
$783.00 M
|
$555.90 M
|
$500.80 M
|
$505.80 M
|
$441.50 M
|
$391.61 M
|
$370.54 M
|
$359.37 M
|
| Cost And Expenses |
$3.34 B
|
$3.04 B
|
$2.60 B
|
$2.19 B
|
$1.94 B
|
$1.81 B
|
$1.51 B
|
$1.39 B
|
$1.30 B
|
$1.22 B
|
| Interest Income |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$201.00 M
|
$197.00 M
|
$148.00 M
|
$65.00 M
|
$59.00 M
|
$63.66 M
|
$40.58 M
|
$38.32 M
|
$39.48 M
|
$39.25 M
|
| Depreciation & Amortization |
$222.00 M
|
$206.00 M
|
$186.00 M
|
$152.90 M
|
$134.80 M
|
$128.72 M
|
$109.38 M
|
$108.14 M
|
$107.67 M
|
$108.31 M
|
| EBITDA |
$1.73 B |
$1.55 B |
$1.21 B |
$980.70 M |
$817.90 M |
$718.30 M |
$612.42 M |
$596.18 M |
$570.65 M |
$550.12 M |
| EBITDA Ratio |
0.37
|
0.37
|
0.34
|
0.32
|
0.31
|
0.3
|
0.3
|
0.32
|
0.32
|
0.33
|
| Operating Income Ratio |
0.29
|
0.28
|
0.27
|
0.28
|
0.26
|
0.24
|
0.25
|
0.25
|
0.26
|
0.27
|
| Total Other Income/Expenses Net |
-$64.00 M
|
-$10.00 M
|
-$87.00 M
|
-$91.90 M
|
-$44.80 M
|
-$44.84 M
|
-$36.99 M
|
-$21.28 M
|
-$43.53 M
|
-$38.07 M
|
| Income Before Tax |
$1.30 B
|
$1.15 B
|
$876.00 M
|
$762.80 M
|
$624.10 M
|
$525.93 M
|
$462.46 M
|
$449.72 M
|
$423.50 M
|
$402.56 M
|
| Income Before Tax Ratio |
0.28
|
0.27
|
0.25
|
0.25
|
0.24
|
0.22
|
0.23
|
0.24
|
0.24
|
0.24
|
| Income Tax Expense |
$301.00 M
|
$275.60 M
|
$204.30 M
|
$175.70 M
|
$143.60 M
|
$127.42 M
|
$118.21 M
|
$50.09 M
|
$166.01 M
|
$159.24 M
|
| Net Income |
$993.00 M
|
$870.50 M
|
$671.80 M
|
$587.10 M
|
$480.50 M
|
$398.51 M
|
$344.26 M
|
$399.63 M
|
$257.49 M
|
$243.32 M
|
| Net Income Ratio |
0.21
|
0.21
|
0.19
|
0.19
|
0.18
|
0.17
|
0.17
|
0.22
|
0.15
|
0.15
|
| EPS |
3.48 |
3.07 |
2.38 |
2.08 |
1.7 |
1.42 |
1.24 |
1.43 |
0.92 |
0.86 |
| EPS Diluted |
3.46 |
3.05 |
2.37 |
2.07 |
1.69 |
1.4 |
1.22 |
1.41 |
0.91 |
0.85 |
| Weighted Average Shares Out |
$282.00 M
|
$280.80 M
|
$278.10 M
|
$276.02 M
|
$275.33 M
|
$272.47 M
|
$282.18 M
|
$272.58 M
|
$272.28 M
|
$275.62 M
|
| Weighted Average Shares Out Diluted |
$284.00 M
|
$280.80 M
|
$278.60 M
|
$277.41 M
|
$275.87 M
|
$274.62 M
|
$282.21 M
|
$277.59 M
|
$275.61 M
|
$280.22 M
|
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