| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 1,003 | 1,079 | 1,190 | 8,893 |
| Fiduciary cash | 2,387 | 2,471 | 2,271 | 2,026 |
| Commission, fees and other receivables | 1,576 | 1,438 | 1,457 | 1,055 |
| Fiduciary receivables | 1,574 | 1,515 | 1,348 | 1,212 |
| Reinsurance recoverable | 590 | 647 | 603 | 385 |
| Prepaid reinsurance premiums | 869 | 980 | 790 | 529 |
| Other current assets | 456 | 484 | 484 | 343 |
| Total current assets | 8,455 | 8,614 | 8,143 | 14,443 |
| Property, plant and equipment, gross | NaN | 673 | NaN | NaN |
| Accumulated depreciation, depletion and amortization, property, plant, and equipment | NaN | 306 | NaN | NaN |
| Fixed assets, net | 370 | 367 | 366 | 334 |
| Operating lease assets | 263 | 269 | 269 | 198 |
| Goodwill | 15,076 | 15,087 | 14,891 | 8,365 |
| Amortizable intangible assets, net | 4,782 | 4,906 | 4,952 | 1,866 |
| Other assets | 754 | 748 | 733 | 430 |
| Total assets | 29,700 | 29,991 | 29,354 | 25,636 |
| Fiduciary liabilities | 3,961 | 3,986 | 3,619 | 3,238 |
| Losses and loss adjustment reserve | 611 | 671 | 620 | 400 |
| Unearned premiums | 938 | 1,053 | 887 | 632 |
| Accounts payable | 873 | 990 | 849 | 382 |
| Accrued expenses and other liabilities | 695 | 875 | 840 | 530 |
| Current portion of long-term debt | 1,238 | 719 | 75 | 75 |
| Total current liabilities | 8,316 | 8,294 | 6,890 | 5,257 |
| Long-term debt less unamortized discount and debt issuance costs | 6,584 | 6,894 | 7,653 | 7,470 |
| Operating lease liabilities | 238 | 243 | 243 | 186 |
| Deferred income taxes, net | 899 | 815 | 857 | 721 |
| Other liabilities | 1,050 | 1,172 | 1,304 | 385 |
| Common stock, par value 0.10 per share authorized 560 shares issued 359 shares and outstanding 335 shares at 2026, issued 357 shares and outstanding 336 shares at 2025, respectively | 36 | 36 | 36 | 35 |
| Additional paid-in capital | 6,165 | 6,160 | 6,117 | 5,441 |
| Treasury stock, at cost 24 shares at 2026 and 21 shares at 2025, respectively | 1,098 | 848 | 748 | 748 |
| Accumulated other comprehensive income | 128 | 210 | 200 | 262 |
| Non-controlling interests | 24 | 26 | 21 | 23 |
| Retained earnings | 7,358 | 6,989 | 6,781 | 6,604 |
| Total equity | 12,613 | 12,573 | 12,407 | 11,617 |
| Total liabilities and equity | 29,700 | 29,991 | 29,354 | 25,636 |
BROWN & BROWN, INC. (BRO)
BROWN & BROWN, INC. (BRO)