Brown & Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment offers property and casualty, employee benefits insurance products, personal insurance products, specialties insurance products, loss control survey and analysis, consultancy, and claims processing services. It serves commercial, public and quasi-public entities, professional, and individual customers. The National Programs segment offers professional liability and related package insurance products for dentistry, legal, eyecare, insurance, financial, physicians, real estate title professionals, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities. This segment also offers outsourced product development, marketing, underwriting, actuarial, compliance, and claims and other administrative services to insurance carrier partners; and commercial and public entity-related programs, and flood insurance products. It serves through independent agents. The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance through independent agents and brokers. The Services segment offers third-party claims administration and medical utilization management services in the workers' compensation and all-lines liability arenas, Medicare Set-aside, Social Security disability, Medicare benefits advocacy, and claims adjusting services. The company was founded in 1939 and is headquartered in Daytona Beach, Florida.

Brown & Brown, Inc.

Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Gross Profit

Adjusted Net Income

Net Revenue

Net Income

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Retail Income Before Taxes

Retail Income Before Taxes % Chg.

Retail Income Before Taxes Common Size

Programs Income Before Taxes

Programs Income Before Taxes % Chg.

Programs Income Before Taxes Common Size

Wholesale Brokerage Income Before Taxes

Wholesale Brokerage Income Before Taxes % Chg.

Wholesale Brokerage Income Before Taxes Common Size

Specialty Distribution Income Before Taxes

Specialty Distribution Income Before Taxes % Chg.

Specialty Distribution Income Before Taxes Common Size

Services Income Before Taxes

Services Income Before Taxes % Chg.

Services Income Before Taxes Common Size

Other Segment Income Before Taxes

Other Segment Income Before Taxes % Chg.

Other Segment Income Before Taxes Common Size

Other EBT

Other EBT % Chg.

Other EBT Common Size

Total EBT

Total EBT Common Size

Total EBT % Chg.

Organic Revenue Growth Rate

Organic Revenue Growth Rate % Chg.

Key Performance Indicators

U.S. Revenue

U.S. Revenue % Chg.

U.S. Revenue Common Size

U.K. Revenue

U.K. Revenue % Chg.

U.K. Revenue Common Size

Republic of Ireland Revenue

Republic of Ireland Revenue % Chg.

Republic of Ireland Revenue Common Size

Canada Revenue

Canada Revenue % Chg.

Canada Revenue Common Size

Other Geographic Revenue

Other Geographic Revenue % Chg.

Other Geographic Revenue Common Size

Total Other Geographic Revenue

Total Other Geographic Revenue % Chg.

Total Other Geographic Revenue Common Size

Other Revenue by Geography

Other Revenue by Geography % Chg.

Other Revenue by Geography Common Size

Total Revenue by Geography

Total Revenue by Geography Common Size

Total Revenue by Geography % Chg.

Revenue by Geography

Commissions and Fee Revenue

Commissions and Fee Revenue % Chg.

Commissions and Fee Revenue Common Size

Investment Income

Investment Income % Chg.

Investment Income Common Size

Other Revenue

Other Revenue % Chg.

Other Revenue Common Size

Investment and Other Income

Investment and Other Income % Chg.

Investment and Other Income Common Size

Total Revenue

Total Revenue Common Size

Total Revenue % Chg.

Retail Revenue

Retail Revenue % Chg.

Retail Revenue Common Size

Programs Revenue

Programs Revenue % Chg.

Programs Revenue Common Size

Wholesale Brokerage Revenue

Wholesale Brokerage Revenue % Chg.

Wholesale Brokerage Revenue Common Size

Specialty Distribution Revenue

Specialty Distribution Revenue % Chg.

Specialty Distribution Revenue Common Size

Services Revenue

Services Revenue % Chg.

Services Revenue Common Size

Other Segment Revenue

Other Segment Revenue % Chg.

Other Segment Revenue Common Size

Revenue	LTM	Dec '24	Dec '23
Commissions and Fee Revenue	5,345	4,705	4,199.4
Investment Income	—	93	52.4
Other Revenue	—	7	5.3
Investment and Other Income	134	100	57.7
Other Revenue	-135	-100	-58.1
Total Revenue	5,344	4,705	4,199

Revenue	LTM	Dec '24	Dec '23
Retail Revenue	3,123	2,729	2,508
Programs Revenue	—	1,400	1,173
Wholesale Brokerage Revenue	—	616	541
Specialty Distribution Revenue	2,265	2,016	1,714
Services Revenue	—	—	—
Other Segment Revenue	90	60	35
Other Revenue	-134	-100	-58
Total Revenue	5,344	4,705	4,199

Revenue by Geography	LTM	Dec '24	Dec '23
U.S. Revenue	4,661	4,140	3,730.1
U.K. Revenue	589	545	432.7
Republic of Ireland Revenue	—	48	45
Canada Revenue	—	40	35.4
Other Geographic Revenue	—	32	13.9
Total Other Geographic Revenue	228	120	94.3
Other Revenue by Geography	-134	-100	-58.1
Total Revenue by Geography	5,344	4,705	4,199

EBT	LTM	Dec '24	Dec '23
Retail Income Before Taxes	690	602	537
Programs Income Before Taxes	—	603	551
Wholesale Brokerage Income Before Taxes	—	175	126
Specialty Distribution Income Before Taxes	850	778	677
Services Income Before Taxes	—	—	—
Other Segment Income Before Taxes	-215	-77	-68
Other EBT	-1	—	—
Total EBT	1,324	1,303	1,146