BROWN & BROWN INC

For the period ended Dec 31, 2024. Filed Feb 13, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 13, 2025

BRO$71.89+1.3%Stored close · as of Nov 10, 2026

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Contents

Item 8. Financial Statements and Supplementary Data

Index to Consolidated Financial Statements

	Page No.
Consolidated Statements of Income for the years ended December 31, 2024, 2023 and 2022	47
Consolidated Statements of Comprehensive Income for the years ended December 31, 2024, 2023 and 2022	48
Consolidated Balance Sheets as of December 31, 2024 and 2023	49
Consolidated Statements of Shareholders’ Equity for the years ended December 31, 2024, 2023 and 2022	50
Consolidated Statements of Cash Flows for the years ended December 31, 2024, 2023 and 2022	51
Notes to Consolidated Financial Statements for the years ended December 31, 2024, 2023 and 2022	52
Note 1: Summary of Significant Accounting Policies	52
Note 2: Revenues	57
Note 3: Business Combinations	59
Note 4: Goodwill	61
Note 5: Amortizable Intangible Assets	62
Note 6: Fixed Assets	63
Note 7: Accrued Expenses and Other Liabilities	63
Note 8: Long-Term Debt	64
Note 9: Income Taxes	66
Note 10: Employee Savings Plan	68
Note 11: Stock-Based Compensation	68
Note 12: Supplemental Disclosures of Cash Flow Information and Non-Cash Financing and Investing Activities	71
Note 13: Commitments and Contingencies	72
Note 14: Leases	72
Note 15: Segment Information	75
Note 16: Insurance Company Subsidiary Operations	77
Note 17: Shareholders’ Equity	78
Reports of Independent Registered Public Accounting Firm	79

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.