For the year ending 2025-12-31, BRO has $29,991,000K in assets. $1,079,000K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 1,079,000 | 675,000 | 700,300 | 650,000 |
| Fiduciary cash | 2,471,000 | 1,827,000 | 1,602,600 | 1,383,200 |
| Short-term investments | - | 10,000 | 11,000 | 12,000 |
| Commission, fees and other receivables | 1,438,000 | 895,000 | 789,700 | 642,900 |
| Fiduciary receivables | 1,515,000 | 1,116,000 | 1,124,600 | 881,400 |
| Reinsurance recoverable | 647,000 | 1,527,000 | 125,200 | 831,000 |
| Prepaid reinsurance premiums | 980,000 | 520,000 | 461,500 | 393,200 |
| Other current assets | 484,000 | 354,000 | 315,000 | 202,300 |
| Total current assets | 8,614,000 | 6,924,000 | 5,129,900 | 4,996,000 |
| Property, plant and equipment, gross | 673,000 | 591,000 | 524,600 | 476,900 |
| Accumulated depreciation, depletion and amortization, property, plant, and equipment | 306,000 | 272,000 | 254,300 | 237,000 |
| Fixed assets, net | 367,000 | 319,000 | 270,300 | 239,900 |
| Operating lease assets | 269,000 | 200,000 | 198,800 | 214,900 |
| Goodwill | 15,087,000 | 7,970,000 | 7,340,800 | 6,674,200 |
| Amortizable intangible assets, net | 4,906,000 | 1,814,000 | 1,620,800 | 1,595,200 |
| Investments | - | 19,000 | 21,000 | 22,400 |
| Other assets | 748,000 | 366,000 | 301,800 | 230,900 |
| Total assets | 29,991,000 | 17,612,000 | 14,883,400 | 13,973,500 |
| Fiduciary liabilities | 3,986,000 | 2,943,000 | - | - |
| Losses and loss adjustment reserve | 671,000 | 1,543,000 | - | - |
| Unearned premiums | 1,053,000 | 577,000 | - | - |
| Accounts payable | 990,000 | 373,000 | - | - |
| Accrued expenses and other liabilities | 875,000 | 653,000 | - | - |
| Current portion of long-term debt | 719,000 | 225,000 | - | - |
| Total current liabilities | 8,294,000 | 6,314,000 | - | - |
| Long-term debt less unamortized discount and debt issuance costs | 6,894,000 | 3,599,000 | - | - |
| Operating lease liabilities | 243,000 | 189,000 | - | - |
| Deferred income taxes, net | 815,000 | 711,000 | - | - |
| Other liabilities | 1,172,000 | 362,000 | - | - |
| Common stock, par value 0.10 per share authorized 560 shares issued 357 shares and outstanding 336 shares at 2025, issued 306 shares and outstanding 286 shares at 2024, respectively | 36,000 | 31,000 | - | - |
| Additional paid-in capital | 6,160,000 | 1,118,000 | - | - |
| Treasury stock, at cost 21 shares at 2025 and 20 shares at 2024, respectively | 848,000 | 748,000 | - | - |
| Accumulated other comprehensive income/(loss) | 210,000 | -109,000 | - | - |
| Non-controlling interests | 26,000 | 17,000 | - | - |
| Retained earnings | 6,989,000 | 6,128,000 | - | - |
| Total equity | 12,573,000 | 6,437,000 | - | - |
| Total liabilities and equity | 29,991,000 | 17,612,000 | - | - |
BROWN & BROWN, INC. (BRO)
BROWN & BROWN, INC. (BRO)