Brown & Brown, Inc. (BRO) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Assets | 29.7B | 29.99B | 29.35B | 25.64B | 16.76B | 17.61B | 17.52B | 15.94B | 14.81B | 14.88B | 13.98B | 14.07B | 13.4B | 13.97B | 13.66B | 12.28B | 11.27B | 9.8B | 9.63B | 9.36B |
| Asset Growth % | 77.21% | 70.29% | 67.5% | 60.79% | 13.2% | 18.34% | 25.33% | 13.31% | 10.49% | 6.51% | 2.38% | 14.59% | 18.87% | 42.65% | 41.84% | 31.23% | 26.51% | 9.24% | 9.48% | 14.11% |
| Total Investment Assets | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 19M | 21M | 22M | 21M | 21M | 24.3M | 27.5M | 25.4M | 22.4M | 24M | 23.7M | 25M | 31M | 31.35M | 32.62M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 10M | 11M | 9M | 10M | 11M | 13.2M | 10.1M | 9.3M | 12M | 11.2M | 14.9M | 17.6M | 12.9M | 14.43M | 13.08M |
| Total Current Assets | 8.46B | 8.61B | 8.14B | 14.44B | 5.92B | 6.92B | 7.48B | 6.09B | 5B | 5.13B | 4.85B | 4.89B | 4.36B | 5B | 4.85B | 5.33B | 4.31B | 3.33B | 3.4B | 3.19B |
| Cash & Equivalents | 1B | 1.08B | 1.19B | 8.89B | 669M | 675M | 957M | 1.11B | 581M | 700M | 755.7M | 627.9M | 563.5M | 650M | 579.5M | 2.38B | 1.69B | 693.2M | 943.97M | 850.23M |
| Receivables | 3.15B | 3.6B | 3.41B | 2.65B | 2.67B | 3.54B | 3.91B | 2.31B | 2.13B | 2.04B | 1.82B | 1.94B | 1.83B | 2.36B | 2.37B | 1.42B | 1.36B | 1.28B | 1.43B | 1.3B |
| Other Current Assets | 2.84B | 2.96B | 2.75B | 2.37B | 2.1B | 2.18B | 2.06B | 2.19B | 1.86B | 1.92B | 1.76B | 1.86B | 1.57B | 1.59B | 1.48B | 1.13B | 876.4M | 952.6M | 602.54M | 657.92M |
| Goodwill & Intangibles | 19.86B | 19.99B | 19.84B | 10.23B | 9.93B | 9.78B | 9.16B | 9B | 8.98B | 8.96B | 8.38B | 8.43B | 8.31B | 8.27B | 8.11B | 6.29B | 6.31B | 5.82B | 5.61B | 5.56B |
| Goodwill | 15.08B | 15.09B | 14.89B | 8.37B | 8.11B | 7.97B | 7.58B | 7.43B | 7.39B | 7.34B | 6.85B | 6.87B | 6.73B | 6.67B | 6.52B | 5.15B | 5.14B | 4.74B | 4.57B | 4.51B |
| Intangible Assets | 4.78B | 4.91B | 4.95B | 1.87B | 1.82B | 1.81B | 1.58B | 1.56B | 1.59B | 1.62B | 1.53B | 1.56B | 1.58B | 1.6B | 1.59B | 1.15B | 1.17B | 1.08B | 1.05B | 1.04B |
| PP&E (Net) | 370M | 636M | 635M | 532M | 524M | 519M | 501M | 482M | 469M | 469M | 448.2M | 449.6M | 451.6M | 454.8M | 453.7M | 417.9M | 418.7M | 409M | 396.17M | 388.78M |
| Other Assets | 1.45B | 748M | 733M | 430M | 387M | 366M | 365M | 355M | 333M | 301M | 288M | 271.9M | 255M | 230.9M | 219.5M | 213.2M | 208.4M | 206.8M | 192.93M | 185.68M |
| Total Liabilities | 17.09B | 17.42B | 16.95B | 14.02B | 9.92B | 11.18B | 11.04B | 9.91B | 9.02B | 9.3B | 8.78B | 9B | 8.55B | 9.37B | 9.35B | 8B | 6.94B | 5.6B | 5.52B | 5.41B |
| Total Debt | 8.06B | 7.92B | 7.97B | 7.73B | 3.99B | 4.06B | 3.77B | 4.3B | 4.06B | 4.02B | 3.89B | 4B | 4.12B | 4.18B | 4.3B | 4.41B | 3.73B | 2.25B | 2.22B | 2.23B |
| Net Debt | 7.06B | 6.84B | 6.78B | -1.16B | 3.32B | 3.38B | 2.82B | 3.19B | 3.48B | 3.32B | 3.13B | 3.37B | 3.55B | 3.53B | 3.72B | 2.03B | 2.03B | 1.55B | 1.27B | 1.38B |
| Long-Term Debt | 6.58B | 6.89B | 7.65B | 7.47B | 3.73B | 3.6B | 3.37B | 3.39B | 3.01B | 3.23B | 3.14B | 3.76B | 3.68B | 3.69B | 4.04B | 4.16B | 3.5B | 1.98B | 1.76B | 1.76B |
| Short-Term Debt | 1.24B | 719M | 75M | 75M | 75M | 225M | 225M | 725M | 875M | 569M | 562.5M | 53.1M | 246.3M | 250.6M | 67.5M | 67.5M | 42.5M | 42.5M | 290M | 300M |
| Total Current Liabilities | 8.32B | 8.29B | 6.89B | 5.26B | 4.93B | 6.31B | 6.53B | 5.39B | 4.88B | 4.96B | 4.59B | 4.16B | 3.81B | 4.6B | 4.24B | 2.9B | 2.44B | 2.67B | 2.89B | 2.8B |
| Accounts Payable | 873M | 990M | 849M | 382M | 481M | 373M | 329M | 313M | 322M | 459M | 380.2M | 329.1M | 342.7M | 286.5M | 276.3M | 279.3M | 230.8M | 242.7M | 1.44B | 1.62B |
| Deferred Revenue | 938M | 1.18B | 887M | 632M | 542M | 657M | 625M | 603M | 488M | 540M | 530.9M | 487.5M | 399.7M | 492.2M | 430.7M | 408.4M | 362.5M | 459.6M | 551.36M | 476.6M |
| Other Current Liabilities | 4.57B | 5.29B | 4.24B | 3.64B | 3.37B | 4.97B | 4.75B | 3.25B | 2.77B | 3.29B | 2.61B | 2.84B | 2.45B | 3.47B | 3.03B | 1.72B | 1.48B | 1.86B | 220.43M | 42.41M |
| Deferred Taxes | 899M | 815M | 857M | 721M | 701M | 711M | 638M | 614M | 614M | 616M | 568.4M | 571.9M | 563.5M | 584M | 572.3M | 443.1M | 432M | 0 | 374.6M | 371.05M |
| Other Liabilities | 1.05B | 1.17B | 1.3B | 385M | 371M | 362M | 334M | 331M | 338M | 326M | 301.9M | 321.1M | 307.5M | 298.9M | 305M | 311.3M | 383.8M | 770.66M | 330.75M | 313.54M |
| Total Equity | 12.61B | 12.57B | 12.41B | 11.62B | 6.84B | 6.45B | 6.48B | 6.04B | 5.79B | 5.58B | 5.2B | 5.07B | 4.84B | 4.61B | 4.31B | 4.28B | 4.34B | 4.2B | 4.11B | 3.95B |
| Equity Growth % | 84.37% | 94.81% | 91.47% | 92.43% | 18.21% | 15.68% | 24.65% | 19.01% | 19.44% | 21.11% | 20.6% | 18.42% | 11.75% | 9.76% | 4.94% | 8.55% | 13.17% | 11.79% | 10.96% | 10.12% |
| Shareholders Equity | 12.59B | 12.55B | 12.39B | 11.59B | 6.82B | 6.44B | 6.46B | 6.03B | 5.78B | 5.58B | 5.2B | 5.07B | 4.84B | 4.61B | 4.31B | 4.28B | 4.34B | 4.2B | 4.11B | 3.95B |
| Minority Interest | 24M | 26M | 21M | 23M | 20M | 17M | 16M | 11M | 9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 7.36B | 6.99B | 6.78B | 6.6B | 6.42B | 6.13B | 5.96B | 5.76B | 5.54B | 5.29B | 5.06B | 4.91B | 4.76B | 4.55B | 4.44B | 4.31B | 4.19B | 4B | 3.93B | 3.81B |
| Common Stock | 36M | 36M | 36M | 35M | 31M | 31M | 31M | 30M | 30M | 30M | 30.4M | 30.3M | 30.3M | 30.3M | 30.3M | 30.2M | 30.2M | 30.1M | 30.09M | 30.01M |
| Accumulated OCI | 128M | 210M | 200M | 262M | 15M | -109M | 125M | -47M | -51M | -19M | -127.6M | -50.5M | -101M | -148.4M | -315.5M | -142.8M | -12.4M | -9.4M | -6.55M | -3.55M |
| Return on Equity (ROE) | 3.38% | 2.11% | 1.89% | 2.5% | 4.98% | 3.25% | 3.74% | 4.35% | 5.16% | 4.99% | 3.43% | 3.83% | 4.99% | 3.26% | 3.75% | 3.31% | 5.06% | 2.45% | 3.63% | 3.58% |
| Return on Assets (ROA) | 1.43% | 0.89% | 0.83% | 1.09% | 1.93% | 1.2% | 1.4% | 1.67% | 1.97% | 1.86% | 1.25% | 1.38% | 1.72% | 1.05% | 1.24% | 1.21% | 2.05% | 1.05% | 1.54% | 1.52% |
| Equity / Assets | 42.47% | 41.92% | 42.27% | 45.32% | 40.82% | 36.65% | 36.98% | 37.86% | 39.09% | 37.49% | 37.18% | 36.05% | 36.16% | 32.97% | 31.56% | 34.88% | 38.46% | 42.85% | 42.66% | 42.17% |
| Debt / Equity | 0.64x | 0.63x | 0.64x | 0.67x | 0.58x | 0.63x | 0.58x | 0.71x | 0.70x | 0.72x | 0.75x | 0.79x | 0.85x | 0.91x | 1.00x | 1.03x | 0.86x | 0.54x | 0.54x | 0.56x |
| Book Value per Share | 37.21 | 37.09 | 37.37 | 39.65 | 24.00 | 22.73 | 22.90 | 21.33 | 20.45 | 19.79 | 18.48 | 18.09 | 17.34 | 16.51 | 15.47 | 15.40 | 15.56 | 15.09 | 14.80 | 14.25 |
| Tangible BV per Share | -21.37 | -21.89 | -22.40 | 4.73 | -10.85 | -11.73 | -9.47 | -10.46 | -11.28 | -12.00 | -11.30 | -11.97 | -12.41 | -13.13 | -13.63 | -7.23 | -7.10 | -5.83 | -5.41 | -5.83 |