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BROWN & BROWN, INC. (BRO)

For the quarter ending 2025-06-30, BRO made $1,285M in revenue. $231M in net income. Net profit margin of 17.98%.

Overview

Revenue
$1,285M
Net Income
$231M
Net Profit Margin
17.98%
EPS
$0.78
Unit: Million (M) dollars
Revenue Breakdown
    • Commissions and fees
    • Investment and other income

Unit: Million (M) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Total revenues1,285 1,404 1,186 1,178
Gain on disposal- -2 1 31
Other operating expenses211 186 165 173
Interest51 46 - -
Depreciation11 11 11 11
Change in estimated acquisition earn-out payables11 -4 -8 1
Amortization50 53 45 44
Employee compensation and benefits640 683 607 585
Total expenses974 977 - -
Interest- - - 49
Interest- - 50 -
Total expenses- - 869 832
Income before income taxes311 427 317 346
Income taxes77 93 78 87
Net income before non-controlling interests234 334 239 259
Less net income attributable to non-controlling interests3 3 5 2
Net income attributable to the company231 331 234 257
Basic (in dollars per share)0.79 1.16 0.82 0.9
Diluted (in dollars per share)0.78 1.15 0.81 0.9
Weighted average number of shares outstanding, basic292,000,000 283,000,000 282,000,000 282,000,000
Weighted average number of shares outstanding, diluted293,000,000 285,000,000 284,000,000 283,000,000
Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement

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Investment and other income$36M Commissions and fees$1,249M (8.23%↑ Y/Y)Total revenues$1,285M (9.08%↑ Y/Y)Income before incometaxes$311M (-10.12%↓ Y/Y)Total expenses$974M Net income beforenon-controlling interests$234M (-9.65%↓ Y/Y)Income taxes$77M (-11.49%↓ Y/Y)Employee compensationand benefits$640M (9.40%↑ Y/Y)Amortization$50M (13.64%↑ Y/Y)Change in estimatedacquisition earn-out...$11M (1000.00%↑ Y/Y)Depreciation$11M (0.00%↑ Y/Y)Interest$51M Other operatingexpenses$211M (21.97%↑ Y/Y)Net incomeattributable to the company$231M (-10.12%↓ Y/Y)Less net incomeattributable to...$3M (50.00%↑ Y/Y)