BROWN & BROWN, INC.【BRO】Balance sheet

Market cap

$23.1B

P/E ratio

	2010/12	2011/12	2012/12	2013/12	2014/12	2015/12	2016/12	2017/12	2018/12	2019/12	2020/12	2021/12	2022/12	2023/12	2024/12
Cash and cash equivalents	273	286	220	203	470	443	516	573	439	963	1,272	1,470	2,033	2,303	2,502
Marketable securities, current	8	8	8	11	11	14	15	25	13	12	18	13	12	11	10
Total cash & short-term investments	281	294	228	214	481	457	531	598	452	975	1,290	1,483	2,045	2,314	2,512
Total current assets	653	708	760	928	1,570	1,537	1,761	2,242	2,167	2,495	2,958	3,330	4,996	5,130	6,924
Property, plant and equipment, net	60	61	74	75	85	82	76	77	100	149	201	212	240	270	319
Total non-current assets	1,748	1,899	2,369	2,721	3,386	3,475	3,527	3,505	4,521	5,128	6,008	6,465	8,978	9,754	10,688
Total assets	2,401	2,607	3,128	3,650	4,956	5,013	5,287	5,748	6,689	7,623	8,966	9,795	13,974	14,883	17,612
Accounts payable	34	22	49	34	57	64	70	64	87	100	190	206	287	459	373
Long-term debt, current	-	1	0	100	46	73	56	120	50	55	70	43	251	569	225
Total current liabilities	470	482	568	907	1,269	1,329	1,445	1,987	1,783	2,045	2,354	2,667	4,597	4,957	6,314
Long-term debt, non-current	250	250	450	380	1,153	1,080	1,018	856	1,457	1,500	2,026	1,980	3,692	3,227	3,599
Common stock and paid-in capital	14	14	14	15	15	15	15	29	29	30	30	30	30	30	31
Retained earnings	1,205	1,323	1,457	1,621	1,768	1,947	2,135	2,457	2,834	3,141	3,521	4,001	4,553	5,289	6,128
Stockholders' equity	1,506	1,644	1,807	2,007	2,114	2,150	2,360	2,583	3,001	3,350	3,754	4,197	4,607	5,579	6,437
Total debt	252	251	450	480	1,198	1,145	1,074	976	1,507	1,555	2,096	2,023	3,942	3,796	3,824
Net debt	-29	-43	222	266	717	688	543	378	1,055	580	806	540	1,897	1,482	1,312
D/E ratio (%)	16.7	15.3	24.9	23.9	56.7	53.2	45.5	37.8	50.2	46.4	55.8	48.2	85.6	68	59.4