← BROWN & BROWN, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.8b | $1.9b | $2.0b | $2.4b | $2.6b | $3.1b | $3.6b | $4.3b | $4.8b | $5.9b | |
| Operating Expenses | $1.3b | $1.4b | $1.6b | $1.9b | $2.0b | $2.3b | $2.7b | $3.1b | — | — | |
| Additional Financial Items | |||||||||||
| Goodwill, Impairment Loss | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other Income | $2.4m | $22.5m | $1.6m | $1.7m | $4.5m | $2.8m | $3.7m | $5.3m | $7.0m | $7.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | $525.9m | $624.1m | $762.8m | $876.1m | $1.1b | $1.3b | $1.4b | |
| Net Income (Loss) Attributable to Parent | $257.5m | $399.6m | $344.3m | $398.5m | $480.5m | $587.1m | $671.8m | $870.5m | $993.0m | $1.1b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $250.8m | $389.9m | $336.0m | $385.6m | $465.3m | $574.2m | $659.1m | $857.2m | $981.0m | $1.0b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | $9.0m | $13.0m | |
| Earnings Per Share, Basic | $0.92 | $1.43 | $1.24 | $1.42 | $1.70 | $2.08 | $2.38 | $3.07 | $3.48 | $3.37 | |
| Earnings Per Share, Diluted | $0.91 | $1.41 | $1.22 | $1.40 | $1.69 | $2.07 | $2.37 | $3.05 | $3.46 | $3.16 | |
| Common Stock, Dividends, Per Share, Declared | $0.25 | $0.28 | $0.31 | $0.33 | $0.35 | $0.38 | $0.42 | $0.48 | $3.48 | $3.37 | |
| Weighted Average Number of Shares Outstanding, Basic | 272.3m | 272.6m | 271.0m | 272.5m | 274.3m | 276k | 277.5m | 279.6m | 282.0m | 310.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 275.6m | 277.6m | 275.5m | 274.6m | 275.9m | 277k | 278.6m | 280.8m | 284.0m | 313.0m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $193.0m | $297.0m | |
| Current Income Tax Expense (Benefit) | $147.8m | $152.3m | $103.2m | $115.0m | $128.1m | $141.2m | $161.5m | $260.3m | $287.0m | $292.0m | |
| Interest Expense | $39.5m | $38.3m | $40.6m | $63.7m | $59.0m | $65.0m | $141.2m | $190.0m | — | — | |
| Other Cost and Expense, Operating | $262.9m | $283.5m | $332.1m | $377.1m | $366.0m | $402.9m | $596.8m | $649.9m | $710.0m | $959.0m | |
| Income Tax Expense (Benefit) | $166.0m | $50.1m | $118.2m | $127.4m | $143.6m | $175.7m | $204.3m | $275.6m | $301.0m | $304.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.