Financial Services - Insurance - Brokers - NYSE - US
$ 110.05
0.475 %
$ 31.5 B
Market Cap
29.99
P/E
CASH FLOW STATEMENT
1.01 B
OPERATING CASH FLOW
-587 M
INVESTING CASH FLOW
-187 M
FINANCING CASH FLOW
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Brown & Brown, Inc.
| Net Income | 870 M |
| Depreciation & Amortization | 206 M |
| Capital Expenditures | -68.9 M |
| Stock-Based Compensation | 89.4 M |
| Change in Working Capital | -25.6 M |
| Others | -1.03 B |
| Free Cash Flow | 941 M |
Cash Flow
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | Dec-2010 | Dec-2009 | Dec-2008 | Dec-2007 | Dec-2006 | Dec-2005 | Dec-2004 | Dec-2003 | Dec-2002 | Dec-2001 | Dec-2000 | Dec-1999 | Dec-1998 | Dec-1997 | Dec-1996 | Dec-1995 | Dec-1994 | Dec-1993 | Dec-1992 | Dec-1991 | Dec-1990 | Dec-1989 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| OPERATING CASH FLOW | |||||||||||||||||||||||||||||||||||
| Net Income | 870.5 | 671.8 | 587.1 | 480.5 | 398.5 | 344.3 | 399.6 | 257.5 | 243.3 | 206.9 | 217.1 | 184.0 | 164.0 | 161.8 | 153.3 | 166.1 | 191.0 | 172.3 | 150.6 | 128.8 | 110.3 | 83.1 | 53.9 | 33.2 | 27.2 | 23.1 | 19.4 | 16.5 | 14.8 | 13.3 | 8.0 | 1.3 | 4.6 | 4.1 | 3.1 |
| Depreciation & Amortization | 206.0 | 185.8 | 152.9 | 134.8 | 128.7 | 109.3 | 108.1 | 107.7 | 108.3 | 103.8 | 85.4 | 78.9 | 67.1 | 64.1 | 63.1 | 59.9 | 53.2 | 47.8 | 43.3 | 31.1 | 25.7 | 21.3 | 22.4 | 13.2 | 11.8 | 9.4 | 8.1 | 7.5 | 6.5 | 6.3 | (6.9) | (4.5) | (3.7) | (3.5) | (2.4) |
| Deferred Income Tax | 12.3 | 42.8 | 33.6 | 15.9 | 12.3 | 14.9 | (102.2) | 18.2 | 22.7 | 7.4 | 32.2 | 32.7 | 30.3 | 22.6 | 27.9 | 25.7 | 0.3 | 11.5 | 10.6 | 8.8 | 8.4 | 1.2 | 0.2 | (0.5) | (0.4) | 0.3 | 0.2 | 1.0 | (2.2) | (1.2) | 0.5 | (0.2) | (0.2) | 1.0 | (0.4) |
| Stock Based Compensation | 89.4 | 66.1 | 61.0 | 59.7 | 47.0 | 33.5 | 30.6 | 16.1 | 15.5 | 19.4 | 22.6 | 15.9 | 11.2 | 6.8 | 7.4 | 7.3 | 5.7 | 5.4 | 3.3 | 2.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Operating Activities | (143.1) | (69.2) | 15.7 | (7.5) | (9.3) | (9.7) | (5.3) | 0.3 | (11.6) | 46.6 | (5.4) | (15.4) | (6.4) | (14.5) | 0.4 | (1.1) | (30.9) | (0.8) | (2.5) | (5.8) | 5.8 | 7.5 | (5.1) | (3.1) | (1.4) | (2.1) | (6.1) | 1.3 | (0.9) | 1.9 | 13.8 | 9.0 | 7.4 | 6.6 | 2.7 |
| Change in Working Capital | (25.6) | (15.9) | 97.7 | 38.2 | 101.0 | 75.2 | 11.0 | (24.5) | 33.6 | 0.9 | 37.4 | (75.8) | (28.8) | 55.3 | (30.4) | 83.8 | (3.9) | (11.1) | 9.7 | 4.6 | (3.6) | (19.8) | (0.6) | 2.0 | 3.0 | 5.3 | 12.5 | 3.5 | 3.5 | (7.5) | 5.8 | (0.5) | (10.1) | 0.9 | (1.1) |
| Cash From Operations | 1 009.5 | 881.4 | 948.0 | 721.6 | 678.2 | 567.5 | 442.0 | 375.2 | 411.8 | 385.0 | 389.4 | 220.3 | 237.5 | 296.1 | 221.6 | 341.8 | 215.3 | 225.2 | 215.1 | 170.2 | 142.7 | 93.3 | 69.9 | 44.1 | 39.7 | 36.3 | 33.0 | 28.6 | 21.2 | 10.7 | 20.9 | 6.1 | (2.3) | 9.0 | 1.1 |
| INVESTING CASH FLOW | |||||||||||||||||||||||||||||||||||
| Capital Expenditures | (68.9) | (52.6) | (45.0) | (70.7) | (73.1) | (41.5) | (24.2) | (17.8) | (18.4) | (24.9) | (16.4) | (24.0) | (13.6) | (10.5) | (11.3) | (14.1) | (30.6) | (15.0) | (13.4) | (10.2) | (15.9) | (7.3) | (11.0) | (4.1) | (4.9) | (4.5) | (2.7) | (4.6) | (5.3) | (2.4) | (1.8) | (1.2) | (1.3) | (1.5) | (0.3) |
| Other Items | (518.1) | (1 860.1) | (351.7) | (688.4) | (340.5) | (910.3) | (38.4) | (124.6) | (126.3) | (682.4) | (364.3) | (411.5) | (162.1) | (156.0) | (44.1) | (262.8) | (186.6) | (142.4) | (259.2) | (198.4) | (95.2) | (116.0) | (126.8) | (16.5) | (17.0) | (29.5) | (2.3) | (11.0) | (5.1) | 2.1 | (1.9) | (1.3) | 0.4 | (0.7) | (0.6) |
| Cash From Investing Activities | (587.0) | (1 912.7) | (396.7) | (759.1) | (413.6) | (951.8) | (62.6) | (142.4) | (144.6) | (707.3) | (380.6) | (435.5) | (175.7) | (166.5) | (55.4) | (276.9) | (217.2) | (157.4) | (272.6) | (208.5) | (111.1) | (123.3) | (137.8) | (20.6) | (21.9) | (34.0) | (5.0) | (15.7) | (10.4) | (0.3) | (3.7) | (2.5) | (0.9) | (2.2) | (0.9) |
| FINANCING CASH FLOW | |||||||||||||||||||||||||||||||||||
| Common Stock Repurchased | (39.9) | (122.9) | (132.4) | (96.4) | (69.6) | (112.2) | (128.6) | (18.9) | (163.8) | (78.3) | 60.6 | 291.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (2.3) | (10.1) | 0 | (5.5) | (1.2) | (9.2) | (5.9) | (1.1) | 0 | 55 K | 0 | 0 | 0 | 100 K | 100 K |
| Total Debt Repaid | (150.6) | 1 938.7 | (73.1) | 545.0 | 50.0 | 530.0 | (96.8) | (73.1) | (45.6) | 718.4 | 29.9 | 198.8 | (2.1) | (19.4) | (15.1) | 4.7 | (29.1) | (62.4) | (16.1) | 181.4 | (28.0) | (23.7) | 56.8 | (4.0) | (16.8) | 4.2 | (0.8) | (4.5) | (1.6) | (11.9) | (7.2) | (2.3) | 4.1 | 2.1 | (0.7) |
| Dividends Paid | (135.0) | (119.5) | (107.2) | (100.6) | (91.3) | (84.7) | (77.7) | (70.3) | (64.1) | (59.3) | (53.5) | (49.5) | (46.5) | (44.5) | (42.9) | (40.2) | (35.1) | (29.3) | (23.6) | (20.0) | (19.5) | (16.2) | (11.8) | (7.5) | (6.2) | (5.5) | (4.6) | (4.2) | (4.1) | (3.5) | (3.0) | (2.0) | (1.6) | (1.6) | (1.5) |
| Other Financing Activities | 138.8 | 29.1 | 102.6 | (1.6) | 20.8 | (16.3) | (33.5) | 1.8 | (20.4) | 5.3 | (2.0) | (4.9) | (8.6) | (0.9) | 0.2 | 0.1 | 4.6 | 0.6 | 0 | 0 | (2.9) | (7.1) | (0.8) | (0.8) | (0.6) | 0.7 | (0.6) | (0.3) | 55 K | 0 | 0.3 | 100 K | 0 | 0 | 100 K |
| Cash From Financing Activities | (186.7) | 1 725.4 | (349.3) | 346.4 | (79.2) | 337.8 | (336.6) | (160.5) | (293.8) | 589.4 | (25.6) | 148.7 | (48.5) | (53.7) | (47.6) | (24.5) | (48.4) | (79.9) | (30.0) | 169.5 | (42.7) | 105.2 | 46.9 | (16.1) | (23.2) | (8.7) | (12.1) | (9.5) | (5.6) | (13.7) | (9.2) | (3.8) | 3.1 | 1.0 | (1.9) |
| CHANGE IN CASH | |||||||||||||||||||||||||||||||||||
| Net Change In Cash | 269.7 | 562.9 | 198.4 | 308.9 | 185.4 | (46.5) | 42.8 | 72.2 | (26.6) | 267.1 | (16.9) | (66.5) | 13.3 | 75.9 | 118.6 | 40.3 | (50.3) | (12.1) | (87.5) | 131.2 | (11.1) | 75.2 | (21.0) | 7.4 | (5.4) | (6.4) | 15.9 | 3.4 | 5.2 | (3.4) | (18.4) | (7.9) | (8.1) | (0.2) | (1.8) |
| FREE CASH FLOW | |||||||||||||||||||||||||||||||||||
| Free Cash Flow | 940.6 | 828.8 | 903.0 | 650.9 | 605.1 | 526.0 | 417.8 | 357.4 | 393.5 | 360.1 | 373.0 | 196.3 | 223.9 | 285.6 | 210.3 | 327.6 | 184.7 | 210.2 | 201.7 | 160.1 | 126.8 | 86.0 | 58.9 | 40.0 | 34.8 | 31.8 | 30.3 | 24.0 | 15.9 | 8.3 | 19.1 | 4.9 | (3.6) | 7.5 | 0.8 |