Brown & Brown Q2 2022 Earnings Report
Key Takeaways
Brown & Brown, Inc. announced its Q2 2022 financial results, with revenues increasing by 15.5% compared to the prior year. The company's organic revenue increased by 10.3%. Diluted net income per share increased to $0.51, or 4.1%, as compared to the second quarter of the prior year.
Revenues for the second quarter of 2022 were $839.7 million, an increase of 15.5% compared to the second quarter of the prior year.
Commissions and fees increased by 15.5% and Organic Revenue increasing by 10.3%.
Diluted net income per share increased to $0.51, or 4.1%, as compared to the second quarter of the prior year.
The company completed its acquisition of GRP on July 1st.
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Brown & Brown Revenue by Segment
Forward Guidance
This press release contains certain statements relating to future results which are “forward-looking statements” and include information about possible or assumed future results of our operations.
Revenue & Expenses
Visualization of income flow from segment revenue to net income