Brown & Brown Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Sep 2025 | Jun 2025 | Mar 2025 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $288.0M | $426.0M | $227.0M | $231.0M | $331.0M | $234.0M | $257.0M | $293.0M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $18.0M | $17.0M | $14.0M | $11.0M | $11.0M | $11.0M | $11.0M | $11.0M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | $26.0M | — | — | $29.0M | — | — | $29.0M |
| Net Cash from Operating Activities | — | $262.0M | — | — | $213.0M | — | — | $13.0M |
| Investing Activities | ||||||||
| Capital Expenditures | — | $21.0M | — | — | $17.0M | — | — | $13.0M |
| Business Acquisitions | — | $17.0M | — | — | $67.0M | — | — | $76.0M |
| Net Cash from Investing Activities | — | $-38.0M | — | — | $-79.0M | — | — | $-88.0M |
| Financing Activities | ||||||||
| Dividends Paid | — | $57.0M | — | — | $43.0M | — | — | $38.0M |
| Stock Repurchases | — | $250.0M | — | — | $0 | — | — | — |
| Net Cash from Financing Activities | — | $-354.0M | — | — | $-218.0M | — | — | $-67.0M |
| Net Change in Cash | — | $-157.0M | — | — | $-62.0M | — | — | $-153.0M |
| Free Cash Flow | — | $241.0M | — | — | $196.0M | — | — | $0 |