Brown & Brown, Inc. Income Statement

Income Statement Dec2009 Dec2010 Dec2011 Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & cost
Revenue 1,035.29M1,059.86M1,163.34M1,329.26M1,520.86M1,575.80M1,660.51M1,766.63M1,881.35M2,014.25M2,392.17M2,613.40M3,051.40M3,573.00M4,257.00M4,805.00M
Cost of Revenue 143.39M135.85M144.08M174.39M195.68M235.33M251.06M262.87M283.47M332.12M377.09M366.00M403.00M597.00M650.00M710.00M
Gross Profit 891.90M924.01M1,019.26M1,154.87M1,325.18M1,340.47M1,409.45M1,503.76M1,597.88M1,682.13M2,015.08M2,247.40M2,648.40M2,976.00M3,607.00M4,095.00M
Operating items
Amortization - Intangibles 49.86M51.44M54.76M63.57M67.93M82.94M87.42M86.66M85.45M86.54M105.30M108.50M119.60M147.00M166.00M178.00M
Depreciation & Amortization - Total 13.24M12.64M12.39M15.37M17.50M20.90M20.90M21.00M22.70M22.83M23.42M26.30M33.30M39.00M40.00M44.00M
Other Operating Expenses 165.42M177.46M190.17M198.83M248.63M-47.42M0.62M1.29M2.16M2.17M10.02M2.40M9.60M5.00M899.00M1,012.00M
Operating Expenses 713.12M707.39M743.02M895.22M1,005.67M1,236.05M1,257.95M1,343.13M1,431.62M1,551.78M1,866.24M1,989.30M2,288.60M2,697.30M3,111.00M44.00M
Operating Income 178.77M216.61M276.24M259.65M319.51M104.42M151.50M160.63M166.25M130.34M148.84M258.10M359.80M278.70M496.00M4,051.00M
EBIT 178.77M216.61M276.24M259.65M319.51M104.42M151.50M160.63M166.25M130.34M148.84M258.10M359.80M278.70M496.00M4,051.00M
Non-operating items
Interest & Investment Income 1.16M1.33M1.27M0.80M0.64M0.75M1.00M1.46M1.63M2.75M5.78M2.80M1.10M7.00M52.00M93.00M
Net income details
EBT 254.75M266.10M270.52M304.81M357.61M339.75M402.56M423.50M449.72M462.46M525.93M624.10M762.80M876.00M1,146.00M1,303.00M
Tax Provisions 101.46M104.35M106.53M120.77M140.50M132.85M159.24M166.01M152.28M118.21M127.42M143.60M175.70M204.00M275.00M301.00M
Profit After Tax 153.29M161.75M164.00M184.04M217.11M206.90M243.32M257.49M399.63M344.25M398.51M480.50M587.10M672.00M871.00M1,002.00M
Income from Non-Controlling Interests 9.00M
Income from Continuing Operations 153.29M161.75M164.00M184.04M217.11M206.90M243.32M257.49M297.45M344.25M398.51M480.50M587.10M672.00M871.00M1,002.00M
Consolidated Net Income 153.29M161.75M164.00M184.04M217.11M206.90M243.32M257.49M297.45M344.25M398.51M480.50M587.10M672.00M871.00M1,002.00M
Income towards Parent Company 153.29M161.75M164.00M184.04M217.11M206.90M243.32M257.49M297.45M344.25M398.51M480.50M587.10M672.00M871.00M1,002.00M
Preferred Dividend Payments 5.31M5.45M5.19M
Net Income towards Common Stockholders 153.29M161.75M164.00M178.73M211.67M201.71M243.32M257.49M297.45M344.25M398.51M480.50M587.10M672.00M871.00M1,002.00M
Additional items
EPS (Basic) 1.081.141.151.281.501.431.720.921.431.241.421.702.082.383.073.48
EPS (Weighted Average and Diluted) 1.081.121.131.261.481.411.700.911.401.221.401.692.072.373.053.46
Shares Outstanding (Weighted Average) 284.07M285.29M286.75M287.64M290.86M287.53M281.93M280.42M278.81M279.21M281.75M284.06M282.43M283.22M284.60M285.96M
Shares Outstanding (Diluted Average) 137.51M139.32M140.26M142.01M142.62M142.89M280.22M275.61M277.59M275.52M
EBITDA 192.01M229.25M288.63M275.02M337.01M125.32M172.40M181.63M188.95M153.18M172.26M284.40M393.10M317.70M536.00M4,095.00M
Interest Expenses 14.60M14.47M65.00M68.00M133.90M115.80M39.25M39.48M38.32M40.58M63.66M59.00M65.00M141.00M190.00M193.00M
Tax Rate 39.83%39.21%39.38%39.62%39.29%39.10%39.56%39.20%33.86%25.56%24.23%23.01%23.03%23.29%24.00%23.10%