Brown & Brown financials
$60.60+0.60%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY26 Dec 31 | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.76B | $4.71B | $4.20B | $3.56B | $3.05B | $2.61B | $2.38B | $2.01B | $1.86B | $1.76B |
| Gross profit | $5.76B | $4.71B | $4.20B | $3.56B | $3.05B | $2.61B | $2.38B | $2.01B | $1.86B | $1.76B |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $1.50B | $1.37B | $1.16B | $1.00B | $814.3M | $673.4M | $572.1M | $496.5M | $461.8M | $457.8M |
| Net income | $1.04B | $981.0M | $858.0M | $659.0M | $574.2M | $465.3M | $385.6M | $336.0M | $389.9M | $250.8M |
| Net margin | 18.1% | 20.9% | 20.4% | 18.5% | 18.8% | 17.9% | 16.2% | 16.7% | 21.0% | 14.2% |
| Diluted EPS | $3.16 | $3.46 | $3.05 | $2.37 | $2.07 | $1.69 | $1.40 | $1.22 | $1.40 | $0.91 |
| EBITDA | $1.56B | $1.41B | $1.20B | $1.15B | $1.01B | $803.7M | $699.5M | $608.8M | $579.1M | $565.5M |
| Operating cash flow | $1.45B | $1.17B | $1.01B | $881.0M | $768.4M | $713.0M | $678.2M | $567.5M | $442.0M | $411.0M |
| Free cash flow | $1.38B | $1.09B | $941.0M | $829.0M | $723.4M | $642.3M | $605.1M | $526.0M | $417.8M | $393.3M |
| Diluted shares | 313.0M | 284.0M | 281.0M | 279.0M | 277.4M | 275.8M | 274.6M | 275.5M | 277.6M | 275.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.08B | $675.0M | $700.0M | $650.0M | $693.2M | $817.4M |
| Short-term investments | $0.00 | $0.00 | $11.0M | $12.0M | $12.9M | $18.3M |
| Total debt | $7.61B | $3.82B | $3.80B | $6.21B | $2.02B | $2.10B |
| Total assets | $29.99B | $17.61B | $14.88B | $13.97B | $9.80B | $8.97B |
| Total liabilities | $17.42B | $11.18B | $9.30B | $9.37B | $5.60B | $5.21B |
| Shareholders' equity | $12.57B | $6.44B | $5.58B | $4.61B | $4.20B | $3.75B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology