Brown & Brown, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $1.08B | $675.0M | $700.0M | $650.0M | $693.2M | $656.2M | $542.2M | $439.0M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $8.61B | $6.92B | $5.13B | $5.00B | $3.33B | $2.96B | $2.49B | $2.17B |
| Property, Plant & Equipment | $367.0M | $319.0M | $270.0M | $239.9M | $212.0M | $201.1M | $148.6M | $100.4M |
| Goodwill | $15.09B | $7.97B | $7.34B | $6.67B | $4.74B | $4.40B | $3.75B | $3.43B |
| Intangible Assets (Excl. Goodwill) | $4.91B | $1.81B | $1.62B | $1.60B | $1.08B | $1.05B | $916.8M | $898.8M |
| Total Assets | $29.99B | $17.61B | $14.88B | $13.97B | $9.80B | $8.97B | $7.62B | $6.69B |
| Liabilities | ||||||||
| Accounts Payable | $990.0M | $373.0M | $459.0M | $286.5M | $242.7M | $190.5M | $100.0M | $87.3M |
| Total Current Liabilities | $8.29B | $6.31B | $4.96B | $4.60B | $2.67B | $2.35B | $2.05B | $1.78B |
| Long-Term Debt | $6.89B | $3.60B | $3.23B | $3.69B | $1.98B | $2.03B | $1.50B | $1.46B |
| Total Liabilities | $17.42B | $11.18B | $9.30B | $9.37B | $5.60B | $5.21B | $3.86B | $3.69B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $6.99B | $6.13B | $5.29B | $4.55B | $4.00B | $3.52B | $3.14B | $2.83B |
| Total Stockholders' Equity | $12.57B | $6.44B | $5.58B | $4.61B | $4.20B | $3.75B | $3.35B | $3.00B |