← BROWN & BROWN, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.8b |
$1.9b
+6.49%
|
$2.0b
+7.06%
|
$2.4b
+18.76%
|
$2.6b
+9.25%
|
$3.1b
+16.76%
|
$3.6b
+17.11%
|
$4.3b
+19.13%
|
$4.8b
+12.87%
|
$5.9b
+22.83%
|
$6.7b
+12.89%
|
|
| Operating Expenses | $1.3b | $1.4b | $1.6b | $1.9b | $2.0b | $2.3b | $2.7b | $3.1b | — | — | $5.0b | |
| Interest Expense | $39.5m | $38.3m | $40.6m | $63.7m | $59.0m | $65.0m | $141.2m | $190.0m | — | — | $417.0m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $193.0m | $297.0m | $417.0m | |
| Other Income | $2.4m | $22.5m | $1.6m | $1.7m | $4.5m | $2.8m | $3.7m | $5.3m | $7.0m | $7.0m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | $525.9m | $624.1m | $762.8m | $876.1m | $1.1b | $1.3b | $1.4b | $1.5b | |
| Current Income Tax Expense (Benefit) | $147.8m | $152.3m | $103.2m | $115.0m | $128.1m | $141.2m | $161.5m | $260.3m | $287.0m | $292.0m | $334.0m | |
| Income Tax Expense (Benefit) | $166.0m | $50.1m | $118.2m | $127.4m | $143.6m | $175.7m | $204.3m | $275.6m | $301.0m | $304.0m | $334.0m | |
| Net Income (Loss) Attributable to Parent | $257.5m |
$399.6m
+55.20%
|
$344.3m
-13.86%
|
$398.5m
+15.76%
|
$480.5m
+20.57%
|
$587.1m
+22.19%
|
$671.8m
+14.43%
|
$870.5m
+29.58%
|
$993.0m
+14.07%
|
$1.1b
+6.14%
|
$1.2b
+13.00%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $250.8m |
$389.9m
+55.46%
|
$336.0m
-13.83%
|
$385.6m
+14.79%
|
$465.3m
+20.65%
|
$574.2m
+23.40%
|
$659.1m
+14.79%
|
$857.2m
+30.06%
|
$981.0m
+14.44%
|
$1.0b
+6.32%
|
$1.2b
+14.19%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | $9.0m | $13.0m | $1.2b | |
| Earnings Per Share, Basic | $0.92 | $1.43 | $1.24 | $1.42 | $1.70 | $2.08 | $2.38 | $3.07 | $3.48 | $3.37 | $3.57 | |
| Earnings Per Share, Diluted | $0.91 | $1.41 | $1.22 | $1.40 | $1.69 | $2.07 | $2.37 | $3.05 | $3.46 | $3.16 | $3.13 | |
| Common Stock, Dividends, Per Share, Declared | $0.25 | $0.28 | $0.31 | $0.33 | $0.35 | $0.38 | $0.42 | $0.48 | $0.00 | $0.00 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 272.3m | 272.6m | 271.0m | 272.5m | 274.3m | 276k | 277.5m | 279.6m | 282.0m | 310.0m | 331.5m | |
| Weighted Average Number of Shares Outstanding, Diluted | 275.6m | 277.6m | 275.5m | 274.6m | 275.9m | 277k | 278.6m | 280.8m | 284.0m | 313.0m | 336.0m | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Other Cost and Expense, Operating | $262.9m | $283.5m | $332.1m | $377.1m | $366.0m | $402.9m | $596.8m | $649.9m | $710.0m | $959.0m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.