For the year ending 2025-12-31, BRO made $5,902,000K in revenue. $1,054,000K in net income. Net profit margin of 17.86%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total revenues | 5,902,000 | 4,805,000 | 4,257,100 | 3,573,400 |
| Employee compensation and benefits | 2,935,000 | 2,406,000 | 2,186,600 | 1,816,900 |
| Other operating expenses | 959,000 | 710,000 | 649,900 | 596,800 |
| Loss/(gain) on disposal | -2,000 | 31,000 | 143,300 | 4,500 |
| Amortization | 312,000 | 178,000 | 166,000 | 146,600 |
| Depreciation | 55,000 | 44,000 | 40,000 | 39,200 |
| Interest | 297,000 | 193,000 | 190,000 | 141,200 |
| Change in estimated acquisition earn-out payables | 25,000 | 2,000 | 21,800 | -38,900 |
| Mark-to-market of escrow liability | -54,000 | - | - | - |
| Total expenses | 4,531,000 | 3,502,000 | 3,111,000 | 2,697,300 |
| Income before income taxes | 1,371,000 | 1,303,000 | 1,146,100 | 876,100 |
| Income taxes | 304,000 | 301,000 | 275,600 | 204,300 |
| Net income before non-controlling interests | 1,067,000 | 1,002,000 | - | - |
| Less net income attributable to non-controlling interests | 13,000 | 9,000 | - | - |
| Net income attributable to the company | 1,054,000 | 993,000 | 870,500 | 671,800 |
| Earnings per share, basic, total | 3.37 | 3.48 | 3.07 | 2.38 |
| Earnings per share, diluted, total | 3.16 | 3.46 | 3.05 | 2.37 |
| Weighted average number of shares outstanding, basic | 310,000,000 | 282,000,000 | 279,600,000 | 277,500,000 |
| Weighted average number of shares outstanding, diluted | 313,000,000 | 284,000,000 | 280,800,000 | 278,600,000 |
BROWN & BROWN, INC. (BRO)
BROWN & BROWN, INC. (BRO)