Brown & Brown, Inc. (BRO) quarterly cash flow statement — complete operating, investing & financing history
Brown & Brown, Inc. (BRO) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | 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 |
|---|
| Cash from Operations | 346M | 262M | 444M | 468M | 325M | 213M | 361M | 440M | 360M | 13M | 305.4M | 316M | 328M | 60M | 281.6M | 253.6M | 242.6M | 103.6M | 314.63M | 247.9M |
| Operating CF Growth % | 6.46% | 23% | 22.99% | 6.36% | -9.72% | 1538.46% | 18.21% | 39.24% | 9.76% | -78.33% | 8.45% | 24.61% | 35.2% | -42.08% | -10.5% | 2.3% | 0.29% | -24.93% | 72.82% | 101.73% |
| Operating CF / Revenue % | 20.64% | 13.78% | 26.6% | 29.14% | 26.02% | 15.38% | 33.15% | 37.1% | 31.2% | 1.05% | 31.41% | 29.64% | 31.66% | 5.42% | 31.53% | 27.37% | 28.91% | 11.46% | 42.64% | 32.19% |
| Net Income | 289M | 427M | 255M | 230M | 235M | 334M | 211M | 238M | 260M | 293M | 268.7M | 176M | 190M | 236M | 145.2M | 161.1M | 145.2M | 220.3M | 101.72M | 146.4M |
| Depreciation & Amortization | 128M | 133M | 134M | 107M | 62M | 64M | 58M | 57M | 53M | 54M | 51.8M | 50M | 52M | 51M | 49.3M | 54.7M | 42.6M | 39.2M | 38.88M | 38.7M |
| Stock-Based Compensation | 23M | 26M | -76M | 24M | 23M | 29M | 24M | 25M | 23M | 29M | 22.4M | 22M | 21M | 24M | 15.8M | 16.3M | 13.9M | 20.1M | 14.36M | 14M |
| Deferred Taxes | 48M | 80M | -18M | 20M | 8M | -10M | 24M | -8M | -2M | -1M | 13.7M | -3M | 1M | 1M | 2.6M | 13.6M | 11.4M | 15.2M | 8.2M | 3.5M |
| Other Non-Cash Items | -63M | -123M | 44M | 22M | 10M | 0 | 11M | -10M | -47M | -13M | -146.9M | 25M | -14M | -7M | -14.4M | -26.1M | -12.3M | -16.4M | 241K | 24.5M |
| Working Capital Changes | -79M | -281M | 105M | 65M | -13M | -204M | 33M | 138M | 73M | -349M | 95.7M | 46M | 78M | -245M | 83.1M | 34M | 41.8M | -174.8M | 151.23M | 20.8M |
| Cash from Investing | -33M | -38M | -213M | -7.51B | -108M | -79M | -779M | -42M | 11M | -88M | -393.7M | -59M | -91M | -43M | 0 | -1.45B | -21.7M | -445.8M | -190.3M | -70.1M |
| Capital Expenditures | -17M | -21M | -68M | 32M | -15M | -17M | -20M | -23M | -26M | -13M | -30.5M | -13M | -13M | -12M | -20.2M | -14.1M | -8.3M | -10M | -10.43M | -9.5M |
| Acquisitions | -13M | -17M | -186M | -7.51B | -94M | -58M | -762M | -18M | 36M | -76M | -369.4M | -48M | -77M | -32M | 20.2M | -1.43B | -17M | -436M | -181.37M | -60.4M |
| Purchase of Investments | 0 | 0 | 0 | 0 | 0 | 0 | -2M | -3M | -2M | 0 | -1M | 0 | -3M | -3M | -100K | 0 | 0 | 0 | -12K | -2.6M |
| Sale/Maturity of Investments | 3M | 0 | 0 | 0 | 0 | 0 | 5M | 2M | 3M | 1M | 7.2M | 0 | 2M | 4M | 100K | 3.7M | 3.6M | 0 | 1.5M | 2.4M |
| Other Investing | -6M | 0 | 41M | -38M | 1M | -4M | 0 | 0 | 0 | 0 | 0 | 2M | 0 | 0 | 0 | 0 | 0 | 200K | 0 | 0 |
| Cash from Financing | -172M | -354M | -138M | -130M | 8.2B | -218M | 277M | -716M | 442M | -67M | 88.4M | -221M | 67M | -121M | -151.1M | -189.4M | 767.5M | 1.3B | -78.66M | -101.3M |
| Dividends Paid | -55M | -57M | -57M | -51M | -43M | -43M | -43M | -36M | -37M | -38M | -37.1M | -33M | -32M | -33M | -32.6M | -29M | -29M | -28.9M | -28.95M | -26M |
| Share Repurchases | -250M | -276M | -58M | -1M | -1M | -40M | -1M | 0 | 0 | -54M | 0 | -1M | -3M | -36M | -100K | -300K | -52.4M | -70.1M | 49.59M | -2.5M |
| Stock Issued | 0 | 0 | -4.31B | 43M | 4.32B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt Issuance (Net) | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | -1000K | 1000K | 1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | 1000K | -1000K | -1000K |
| Other Financing | 195M | -227M | 126M | -302M | 155M | -116M | 90M | -155M | 242M | -62M | 38M | -78M | 214M | -35M | 48.5M | -43.2M | 165.8M | -142M | -78.68M | -55.3M |
| Net Change in Cash | 141M | -157M | 91M | -7.2B | 8.48B | -62M | -199M | -273M | 824M | -153M | 32M | 8M | 320M | -90M | 182.4M | -1.44B | 861.4M | 955.9M | 44.37M | 74.9M |
| Exchange Rate Effect | 0 | -27M | -2M | -19M | 63M | 22M | -58M | 45M | 11M | -11M | 31.9M | -28M | 16M | 14M | 51.9M | -55.8M | -127M | -300K | -1.3M | -1.6M |
| Cash at Beginning | 3.66B | 3.81B | 3.72B | 10.92B | 2.44B | 2.5B | 2.7B | 2.97B | 2.15B | 2.3B | 2.27B | 2.26B | 1.94B | 2.03B | 1.85B | 3.29B | 2.43B | 1.47B | 1.43B | 1.35B |
| Cash at End | 3.8B | 3.66B | 3.81B | 3.72B | 10.92B | 2.44B | 2.5B | 2.7B | 2.97B | 2.15B | 2.3B | 2.27B | 2.26B | 1.94B | 2.03B | 1.85B | 3.29B | 2.43B | 1.47B | 1.43B |
| Free Cash Flow | 329M | 241M | 424M | 500M | 310M | 196M | 341M | 417M | 334M | 0 | 274.9M | 303M | 315M | 48M | 261.4M | 239.5M | 234.3M | 93.6M | 304.2M | 238.4M |
| FCF Growth % | 6.13% | 22.96% | 24.34% | 19.9% | -7.19% | - | 24.05% | 37.62% | 6.03% | -100% | 5.16% | 26.51% | 34.44% | -48.72% | -14.07% | 0.46% | 2.67% | -26.07% | 81.96% | 131.44% |
| FCF Margin % | 19.63% | 12.68% | 25.4% | 31.13% | 24.82% | 14.15% | 31.31% | 35.16% | 28.94% | 0% | 28.27% | 28.42% | 30.41% | 4.33% | 29.27% | 25.85% | 27.92% | 10.35% | 41.22% | 30.96% |
| FCF per Share | 0.97 | 0.71 | 1.25 | 1.51 | 1.06 | 0.69 | 1.2 | 1.47 | 1.18 | - | 0.98 | 1.08 | 1.12 | 0.17 | 0.94 | 0.86 | 0.84 | 0.34 | 1.09 | 0.86 |