Brown & Brown, Inc. (BRO)

USD 100.93

(-2.18%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 4.25 Billion 3.57 Billion 3.04 Billion 2.6 Billion 2.38 Billion 2 Billion
Cost of Revenue 2.83 Billion 1.81 Billion 1.63 Billion 1.43 Billion 1.3 Billion 1.06 Billion
Gross Profit 1.42 Billion 1.75 Billion 1.41 Billion 1.16 Billion 1.07 Billion 941 Million
Operating Expenses 2.01 Billion 782.6 Million 555.9 Million 500.8 Million 505.8 Million 441.4 Million
Selling, General and Administrative Expenses 2.01 Billion 0.18 0.19 0.18 0.16 0.17
Research and Development Expenses - 0.25 0.25 0.24 0.22 0.23
Other Expenses - 782.6 Million 555.9 Million 500.8 Million 505.8 Million 1.6 Million
Cost and Expenses 2.98 Billion 2.59 Billion 2.19 Billion 1.93 Billion 1.81 Billion 1.51 Billion
Operating Income - 973.9 Million 857.5 Million 673.4 Million 572.4 Million 499.44 Million
Interest Expense 197.7 Million 141.2 Million 65 Million 59 Million 63.7 Million 40.6 Million
Income Tax Expense 275.6 Million 204.3 Million 175.7 Million 143.6 Million 127.4 Million 118.2 Million
Earnings before Tax 1.14 Billion 876.1 Million 762.8 Million 624.1 Million 525.9 Million 462.5 Million
Net Income 870.5 Million 671.8 Million 587.1 Million 480.5 Million 398.5 Million 344.3 Million
Earnings Per Share Basic 3.07 2.38 2.08 1.70 1.42 1.27
Earnings Per Share Diluted 3.05 2.37 2.07 1.69 1.40 1.25
Weighted Average Shares Outstanding 279.6 Million 277.5 Million 276.02 Million 274.33 Million 272.47 Million 270.99 Million
Weighted Average Shares Outstanding (Diluted) 280.8 Million 278.6 Million 277.41 Million 275.86 Million 274.61 Million 275.54 Million
Gross Margin 0.33 0.49 0.46 0.45 0.45 0.47
EBIT Margin 0.35 0.32 0.33 0.31 0.29 0.30
Profit Margin 0.20 0.19 0.19 0.18 0.17 0.17
EBITDA 1.47 Billion 1.15 Billion 1.01 Billion 808.2 Million 701.13 Million 608.82 Million
Earnings Before Tax Margin - 0.27 0.28 0.26 0.24 0.25

Income Statement Charts