BROWN & BROWN, INC.BRO
Market cap
$23B
P/E ratio
| Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | |
| Cash and cash equivalents | 273 | 286 | 220 | 203 | 470 | 443 | 516 | 573 | 439 | 542 | 817 | 887 | 650 | 700 | 675 |
| Fiduciary cash | - | - | - | - | - | - | - | - | - | - | - | - | 1,383 | 1,603 | 1,827 |
| Short-term investments | 8 | 8 | 8 | 11 | 11 | 14 | 15 | 25 | 13 | 12 | 18 | 13 | 12 | 11 | 10 |
| Commission, Fees and Other Receivable | - | - | - | - | - | - | - | - | - | - | - | - | 643 | 790 | 895 |
| Fiduciary receivables | - | - | - | - | - | - | - | - | - | - | - | - | 881 | 1,125 | 1,116 |
| Reinsurance recoverable | - | - | - | - | 13 | 32 | 78 | 478 | 65 | 59 | 43 | 63 | 831 | 125 | 1,527 |
| Prepaid reinsurance premiums | - | - | - | - | 321 | 310 | 309 | 321 | 338 | 366 | 378 | 392 | 393 | 462 | 520 |
| Other current assets | 14 | 24 | 40 | 39 | 46 | 50 | 51 | 48 | 129 | 152 | 148 | 176 | 202 | 315 | 354 |
| 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 |
| Fixed assets, net | 60 | 61 | 74 | 75 | 85 | 82 | 76 | 77 | 100 | 149 | 201 | 212 | 240 | 270 | 319 |
| Operating lease assets | - | - | - | - | - | - | - | - | - | 184 | 187 | 197 | 215 | 199 | 200 |
| Goodwill | 1,195 | 1,323 | 1,712 | 2,006 | 2,461 | 2,587 | 2,675 | 2,716 | 3,433 | 3,746 | 4,396 | 4,737 | 6,674 | 7,341 | 7,970 |
| Amortizable intangible assets, net | - | - | - | - | - | - | - | - | - | 917 | 1,050 | 1,081 | 1,595 | 1,621 | 1,814 |
| Investments | - | - | - | - | 20 | 18 | 23 | 14 | 17 | 27 | 25 | 31 | 22 | 21 | 19 |
| Other assets | 12 | 18 | 16 | 22 | 37 | 44 | 45 | 57 | 72 | 105 | 150 | 207 | 231 | 302 | 366 |
| 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 |
| Fiduciary liabilities | - | - | - | - | - | - | - | - | - | - | - | - | 2,265 | 2,727 | 2,943 |
| Losses and loss adjustment reserve | - | - | - | - | 13 | 32 | 78 | 477 | 65 | 59 | 43 | 63 | 841 | 132 | 1,543 |
| Unearned premiums | - | - | - | - | 321 | 310 | 309 | 321 | 338 | 366 | 378 | 392 | 412 | 462 | 577 |
| Accounts payable | 34 | 22 | 49 | 34 | 57 | 64 | 70 | 64 | 87 | 100 | 190 | 206 | 287 | 459 | 373 |
| Accrued Liabilities, Current | 95 | 101 | 80 | 157 | 181 | 192 | 202 | 229 | 279 | 338 | 372 | 456 | 542 | 608 | 653 |
| Current portion of long-term debt | - | 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, Excluding Current Maturities | 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 |
| Operating lease liabilities | - | - | - | - | - | - | - | - | - | 168 | 173 | 180 | 196 | 179 | 189 |
| Deferred income taxes, net | - | - | - | - | - | - | - | - | - | - | 344 | 387 | 584 | 616 | 711 |
| Other liabilities | 28 | 53 | 65 | 64 | 79 | 94 | 81 | 65 | 132 | 231 | 315 | 384 | 299 | 326 | 362 |
| Common Stock, Value, Issued | 14 | 14 | 14 | 15 | 15 | 15 | 15 | 15 | 29 | 30 | 30 | 30 | 30 | 30 | 31 |
| Additional paid-in capital | 287 | 307 | 336 | 372 | 406 | 426 | 468 | 498 | 615 | 716 | 795 | 849 | 920 | 1,027 | 1,118 |
| Treasury stock, at cost 20 shares at 2024 and 2023 | - | - | - | - | 75 | 239 | 258 | 386 | 478 | 536 | 591 | 674 | 748 | 748 | 748 |
| Accumulated other comprehensive loss | 0 | 0 | - | - | - | - | - | - | - | - | - | -9 | -148 | -19 | -109 |
| Non-controlling interests | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 17 |
| 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 |
| Total shareholders' equity | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6,437 |
| Total liabilities and shareholders’ equity | 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 |