Value202020212022202320242025TTMSelling/general/admin expenses———————Research & development———————Operating income624.1 M762.82 M876.1 M1.15 B4.12 B4.82 B4.93 BNon-Operating Income, Total2.81 M1.1 M6.5 M52.4 M93 M132 M132 MInterest expense, net of interest capitalized58.97 M64.98 M141.2 M190 M193 M297 M297 MNon-Operating Income, excl. Interest Expenses-56.16 M-63.88 M-134.7 M-137.6 M-100 M-165 M-165 MUnusual income/expense———————Pretax income624.1 M762.82 M876.1 M1.15 B1.3 B1.37 B1.37 BEquity in earnings———————Taxes143.62 M175.72 M204.3 M275.6 M301 M304 M304 MNon-controlling/minority interest————9 M13 M13 MAfter tax other income/expense———————Net income before discontinued operations480.48 M587.1 M671.8 M870.5 M993 M1.05 B1.05 BDiscontinued operations———————Net income480.48 M587.1 M671.8 M870.5 M993 M1.05 B1.05 BDilution adjustment———————Preferred dividends———————Diluted net income available to common stockholders465.29 M574.16 M659.1 M857.2 M981 M989 M1.04 BBasic earnings per share (Basic EPS)1.72.082.383.073.483.373.37Diluted earnings per share (Diluted EPS)1.692.072.373.053.463.163.16Average basic shares outstanding274.33 M276.02 K277.5 M279.6 M282 M310 M1.22 BDiluted shares outstanding275.87 M277.41 K278.6 M280.8 M284 M313 M1.22 BEBITDA———————EBIT———————Cost of revenue———————Other cost of goods sold———————Depreciation & amortization (cash flow)134.8 M152.9 M185.8 M206 M222 M367 M367 M
Brown & Brown Inc
Brown & Brown, Inc. is an American insurance brokerage firm headquartered in Daytona Beach, Florida. It is one of the largest independent insurance intermediaries in the United States, providing risk management solutions, insurance products, and services to businesses, governmental institutions, professional organizations, trade associations, and individuals.
As of 2023, Brown & Brown is ranked among the top 10 largest insurance brokerages globally by revenue.
The company emphasizes a culture of integrity, innovation, superior capabilities and discipline.