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Sep 30, 2023
Brown & Brown Q3 2023 Earnings Report
Brown & Brown reported Q3 2023 results, featuring a 15.1% increase in total revenues and 9.6% organic revenue growth.
Key Takeaways
Brown & Brown, Inc. announced strong financial results for the third quarter of 2023, with total revenues reaching $1,067.7 million, a 15.1% increase compared to the previous year. Organic revenue grew by 9.6%. Diluted net income per share was reported at $0.62, with an adjusted diluted net income per share of $0.71.
Total revenues increased by 15.1% to $1,067.7 million.
Organic Revenue grew by 9.6%.
Diluted net income per share increased to $0.62.
Adjusted diluted net income per share increased to $0.71.
Brown & Brown
Brown & Brown
Brown & Brown Revenue by Segment
Revenue by Segment
Commissions and Fees Revenue
CapyFin.comInvestment and Other Income Revenue
CapyFin.com Forward Guidance
This press release contains forward-looking statements regarding the company's future results, which are subject to various risks and uncertainties. Actual results may differ materially from these statements due to factors such as the inability to retain qualified employees, acquisition-related risks, cybersecurity attacks, international operation risks, and adverse economic conditions.
Revenue & Expenses
Visualization of income flow from segment revenue to net income