Brown Financial Statements From 2010 to 2024

BRO Stock  USD 82.93  0.43  0.52%   
Brown Brown financial statements provide useful quarterly and yearly information to potential Brown Brown investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Brown Brown financial statements helps investors assess Brown Brown's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Brown Brown's valuation are summarized below:
Gross Profit
1.8 B
Profit Margin
0.207
Market Capitalization
23.6 B
Enterprise Value Revenue
6.3527
Revenue
4.2 B
We have found one hundred twenty available fundamental signals for Brown Brown, which can be analyzed and compared to other ratios and to its rivals. Self-guided Investors are advised to validate Brown Brown's prevailing fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 24th of April 2024, Market Cap is likely to grow to about 935.5 M. Also, Enterprise Value is likely to grow to about 916.5 M

Brown Brown Total Revenue

4.47 Billion

Check Brown Brown financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Brown main balance sheet or income statement drivers, such as Depreciation And Amortization of 216.3 M, Interest Expense of 205.2 M or Total Revenue of 4.5 B, as well as many exotic indicators such as Price To Sales Ratio of 3.48, Dividend Yield of 0.0064 or PTB Ratio of 3.39. Brown financial statements analysis is a perfect complement when working with Brown Brown Valuation or Volatility modules.
  
This module can also supplement Brown Brown's financial leverage analysis and stock options assessment as well as various Brown Brown Technical models . Check out the analysis of Brown Brown Correlation against competitors.
To learn how to invest in Brown Stock, please use our How to Invest in Brown Brown guide.

Brown Brown Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets15.7 B14.9 B7.2 B
Slightly volatile
Short and Long Term Debt Total4.2 BB1.7 B
Slightly volatile
Other Current Liabilities3.6 B3.5 B996.3 M
Slightly volatile
Total Current Liabilities5.2 BB2.1 B
Slightly volatile
Total Stockholder Equity5.9 B5.6 BB
Slightly volatile
Property Plant And Equipment Net492.6 M469.1 M212.1 M
Slightly volatile
Retained Earnings5.6 B5.3 B2.8 B
Slightly volatile
Cash2.4 B2.3 B718.4 M
Slightly volatile
Non Current Assets Total10.2 B9.8 B4.8 B
Slightly volatile
Cash And Short Term Investments2.4 B2.3 B730.6 M
Slightly volatile
Net Receivables2.1 BB956.9 M
Slightly volatile
Common Stock Shares Outstanding366.4 M280.8 M275 M
Slightly volatile
Liabilities And Stockholders Equity15.7 B14.9 B7.2 B
Slightly volatile
Non Current Liabilities Total4.6 B4.3 B2.1 B
Slightly volatile
Other Stockholder Equity140.7 M279 M209.7 M
Pretty Stable
Total Liabilities9.8 B9.3 B4.2 B
Slightly volatile
Property Plant And Equipment Gross759.6 M723.4 M246.8 M
Slightly volatile
Total Current Assets5.4 B5.1 B2.4 B
Slightly volatile
Short Term Debt597.1 M568.7 M135.4 M
Slightly volatile
Intangible Assets1.7 B1.6 B895.2 M
Slightly volatile
Accounts Payable354.3 M458.9 M636.7 M
Slightly volatile
Common Stock Total Equity36.3 M34.6 M21.5 M
Slightly volatile
Short Term Investments8.2 M11 M12 M
Slightly volatile
Common Stock31.9 M30.4 M21 M
Slightly volatile
Other Liabilities1.1 BB459 M
Slightly volatile
Other Assets30.8 M32.4 M105.2 M
Slightly volatile
Long Term Debt3.4 B3.2 B1.5 B
Slightly volatile
Inventory2.1 BB814.7 M
Slightly volatile
Property Plant Equipment549.2 M523 M195.3 M
Slightly volatile
Good Will7.7 B7.3 B3.6 B
Slightly volatile
Retained Earnings Total Equity2.5 B4.6 B2.6 B
Slightly volatile
Long Term Debt Total4.5 B4.2 B1.7 B
Slightly volatile
Capital Surpluse591.9 M1.1 B576.3 M
Slightly volatile
Deferred Long Term Liabilities83 M87.4 M254.4 M
Pretty Stable
Non Current Liabilities Other174.1 M326 M159.3 M
Slightly volatile
Long Term Investments24.1 M21 M21.5 M
Slightly volatile
Short and Long Term Debt597.1 M568.7 M140.7 M
Slightly volatile
Cash And Equivalents695.3 M747.5 M597.4 M
Slightly volatile
Net Invested Capital6.8 B9.4 BB
Slightly volatile
Net Working Capital334.6 M173 M336.3 M
Slightly volatile
Capital Stock33 M30.4 M29.8 M
Slightly volatile
Capital Lease Obligations216.5 M224 M206.8 M
Pretty Stable

Brown Brown Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization216.3 M206 M119.6 M
Slightly volatile
Total Revenue4.5 B4.3 B2.2 B
Slightly volatile
Gross Profit1.5 B1.4 B946 M
Slightly volatile
Other Operating ExpensesB2.8 B1.6 B
Slightly volatile
Operating Income1.2 B1.1 B579.3 M
Slightly volatile
EBIT1.2 B1.1 B583 M
Slightly volatile
EBITDA1.2 B1.1 B674.5 M
Slightly volatile
Cost Of RevenueB2.8 B1.2 B
Slightly volatile
Total Operating Expenses3.1 B2.9 B815.9 M
Slightly volatile
Income Before Tax1.2 B1.1 B543.7 M
Slightly volatile
Net Income914 M870.5 M396.2 M
Slightly volatile
Income Tax Expense289.4 M275.6 M147.5 M
Slightly volatile
Selling General Administrative2.2 B2.1 B1.1 B
Slightly volatile
Net Income Applicable To Common Shares795.9 M758 M381.9 M
Slightly volatile
Minority Interest2.2 M2.6 M2.3 M
Slightly volatile
Net Income From Continuing Ops397.8 M747 M364.1 M
Slightly volatile
Non Recurring39.9 M74.7 M41 M
Slightly volatile
Tax Provision169 M238.3 M156.5 M
Pretty Stable
Interest Income170.5 M162.4 M67.7 M
Slightly volatile
Reconciled Depreciation160.8 M203.5 M129.4 M
Slightly volatile

Brown Brown Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow1.1 BB527.1 M
Slightly volatile
Begin Period Cash Flow2.1 BB810.2 M
Slightly volatile
Dividends Paid141.6 M134.9 M80.2 M
Slightly volatile
Capital Expenditures61.5 M58.6 M36.2 M
Slightly volatile
Total Cash From Operating Activities1.1 BB555.2 M
Slightly volatile
Net Income914 M870.5 M396.2 M
Slightly volatile
End Period Cash Flow2.4 B2.3 B946.6 M
Slightly volatile
Issuance Of Capital Stock24.4 M28.7 M21.9 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.484.67043.7119
Slightly volatile
Dividend Yield0.00640.00680.0117
Slightly volatile
PTB Ratio3.393.56393.2469
Very volatile
Days Sales Outstanding189175159
Pretty Stable
Book Value Per Share20.9519.952810.8512
Slightly volatile
Free Cash Flow Yield0.04780.04730.0589
Pretty Stable
Invested Capital0.470.68040.4778
Slightly volatile
Operating Cash Flow Per Share3.793.61052.0081
Slightly volatile
PB Ratio3.393.56393.2469
Very volatile
EV To Sales3.575.0634.0469
Slightly volatile
Free Cash Flow Per Share3.533.36411.8719
Slightly volatile
ROIC0.0670.09840.1148
Slightly volatile
Inventory Turnover1.121.181.9176
Slightly volatile
Net Income Per Share3.273.11341.4327
Slightly volatile
Days Of Inventory On Hand0.00.0179
Very volatile
Payables Turnover0.430.44893.9991
Slightly volatile
Sales General And Administrative To Revenue0.01020.01080.1108
Slightly volatile
Average Inventory710.6 M799.4 M870.4 M
Slightly volatile
Cash Per Share8.698.27582.6383
Slightly volatile
POCF Ratio25.5219.695318.0345
Very volatile
Interest Coverage3.786.392612.8434
Slightly volatile
Payout Ratio0.310.1550.254
Slightly volatile
PFCF Ratio30.421.13820.4557
Pretty Stable
Days Payables Outstanding521813359
Very volatile
Income Quality1.671.15971.4346
Pretty Stable
ROE0.150.1560.1608
Slightly volatile
EV To Operating Cash Flow26.1621.350819.5913
Very volatile
PE Ratio33.0822.840222.8053
Slightly volatile
Return On Tangible Assets0.130.14620.149
Pretty Stable
EV To Free Cash Flow31.1222.914822.1798
Very volatile
Earnings Yield0.05570.04380.048
Slightly volatile
Intangibles To Total Assets0.380.60080.5881
Very volatile
Current Ratio0.871.03491.1596
Slightly volatile
Receivables Turnover2.062.08732.6388
Slightly volatile
Graham Number39.2637.38618.64
Slightly volatile
Shareholders Equity Per Share20.9519.952810.8512
Slightly volatile
Debt To Equity0.470.68040.4778
Slightly volatile
Revenue Per Share15.9915.22577.9105
Slightly volatile
Interest Debt Per Share14.9714.25466.3005
Slightly volatile
Debt To Assets0.270.25450.2003
Slightly volatile
Enterprise Value Over EBITDA22.8415.172213.3895
Slightly volatile
Short Term Coverage Ratios1.691.7751177
Slightly volatile
Price Earnings Ratio33.0822.840222.8053
Slightly volatile
Operating Cycle234175332
Pretty Stable
Price Book Value Ratio3.393.56393.2469
Very volatile
Days Of Payables Outstanding521813359
Very volatile
Dividend Payout Ratio0.310.1550.254
Slightly volatile
Price To Operating Cash Flows Ratio25.5219.695318.0345
Very volatile
Price To Free Cash Flows Ratio30.421.13820.4557
Pretty Stable
Pretax Profit Margin0.190.26920.2373
Very volatile
Ebt Per Ebit0.90.94360.9255
Slightly volatile
Operating Profit Margin0.30.28530.2626
Slightly volatile
Effective Tax Rate0.40.24050.3178
Slightly volatile
Company Equity Multiplier2.542.67372.8131
Slightly volatile
Long Term Debt To Capitalization0.190.36650.2834
Slightly volatile
Total Debt To Capitalization0.30.40490.3119
Slightly volatile
Return On Capital Employed0.09860.1220.408
Slightly volatile
Debt Equity Ratio0.470.68040.4778
Slightly volatile
Ebit Per Revenue0.30.28530.2626
Slightly volatile
Quick Ratio0.90.87830.8149
Pretty Stable
Dividend Paid And Capex Coverage Ratio11.2915.295512.8256
Slightly volatile
Net Income Per E B T0.50.75950.6755
Slightly volatile
Cash Ratio0.490.46460.3371
Very volatile
Operating Cash Flow Sales Ratio0.180.23710.233
Slightly volatile
Days Of Inventory Outstanding0.00.0179
Very volatile
Days Of Sales Outstanding189175159
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.740.93170.9062
Very volatile
Cash Flow Coverage Ratios0.250.2660.4236
Slightly volatile
Price To Book Ratio3.393.56393.2469
Very volatile
Fixed Asset Turnover10.99.07514.2774
Slightly volatile
Price Cash Flow Ratio25.5219.695318.0345
Very volatile
Enterprise Value Multiple22.8415.172213.3895
Slightly volatile
Debt Ratio0.270.25450.2003
Slightly volatile
Cash Flow To Debt Ratio0.250.2660.4236
Slightly volatile
Price Sales Ratio3.484.67043.7119
Slightly volatile
Return On Assets0.08160.05840.0573
Pretty Stable
Asset Turnover0.270.28540.3408
Slightly volatile
Net Profit Margin0.120.20450.163
Slightly volatile
Gross Profit Margin0.580.95160.4909
Slightly volatile
Price Fair Value3.393.56393.2469
Very volatile
Return On Equity0.150.1560.1608
Slightly volatile

Brown Brown Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap935.5 M890.9 M916.2 M
Slightly volatile
Enterprise Value916.5 M872.9 M897.3 M
Slightly volatile

Brown Fundamental Market Drivers

Forward Price Earnings22.7273
Cash And Short Term Investments2.3 B

Brown Upcoming Events

22nd of April 2024
Upcoming Quarterly Report
View
22nd of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
27th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Brown Brown Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Brown Brown income statement, its balance sheet, and the statement of cash flows. Brown Brown investors use historical funamental indicators, such as Brown Brown's revenue or net income, to determine how well the company is positioned to perform in the future. Although Brown Brown investors may use each financial statement separately, they are all related. The changes in Brown Brown's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Brown Brown's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Brown Brown Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Brown Brown. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue462.4 M485.5 M
Total Revenue4.3 B4.5 B
Cost Of Revenue2.8 BB
Stock Based Compensation To Revenue 0.02  0.02 
Sales General And Administrative To Revenue 0.01  0.01 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.02)(0.02)
Revenue Per Share 15.23  15.99 
Ebit Per Revenue 0.29  0.30 

Brown Brown Investors Sentiment

The influence of Brown Brown's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Brown. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Brown Brown's public news can be used to forecast risks associated with an investment in Brown. The trend in average sentiment can be used to explain how an investor holding Brown can time the market purely based on public headlines and social activities around Brown Brown. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Brown Brown's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Brown Brown's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Brown Brown's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Brown Brown.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Brown Brown in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Brown Brown's short interest history, or implied volatility extrapolated from Brown Brown options trading.

Pair Trading with Brown Brown

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Brown Brown position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Brown Brown will appreciate offsetting losses from the drop in the long position's value.

Moving together with Brown Stock

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Moving against Brown Stock

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The ability to find closely correlated positions to Brown Brown could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brown Brown when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Brown Brown - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Brown Brown to buy it.
The correlation of Brown Brown is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Brown Brown moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brown Brown moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Brown Brown can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Brown Brown offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brown Brown's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Brown Brown Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brown Brown Stock:
Check out the analysis of Brown Brown Correlation against competitors.
To learn how to invest in Brown Stock, please use our How to Invest in Brown Brown guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

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Is Brown Brown's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brown Brown. If investors know Brown will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brown Brown listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.832
Dividend Share
0.475
Earnings Share
3.05
Revenue Per Share
15.038
Quarterly Revenue Growth
0.124
The market value of Brown Brown is measured differently than its book value, which is the value of Brown that is recorded on the company's balance sheet. Investors also form their own opinion of Brown Brown's value that differs from its market value or its book value, called intrinsic value, which is Brown Brown's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brown Brown's market value can be influenced by many factors that don't directly affect Brown Brown's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brown Brown's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brown Brown is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brown Brown's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.