Dec 31, 2019

Brown & Brown Q4 2019 Earnings Report

Brown & Brown reported Q4 2019 revenues of $579.0 million, a 13.8% increase, and diluted net income per share of $0.27.

Key Takeaways

Brown & Brown, Inc. announced strong Q4 2019 results with revenues of $579.0 million, a 13.8% increase compared to the prior year. Net income was $76.5 million, a 4.1% increase, and diluted net income per share increased to $0.27, a 3.8% increase.

Q4 revenues increased by 13.8% to $579.0 million.

Commissions and fees increased by 13.6%.

Organic Revenue increased by 5.2%.

Diluted net income per share increased to $0.27, a 3.8% increase.

Total Revenue
$579M
Previous year: $509M
+13.8%
EPS
$0.28
Previous year: $0.27
+3.7%
Organic Revenue Growth
5.2%
Previous year: 3.6%
+44.4%
Gross Profit
$242M
Previous year: $230M
+5.5%
Cash and Equivalents
$542M
Previous year: $439M
+23.5%
Free Cash Flow
$205M
Previous year: $199M
+3.0%
Total Assets
$7.62B
Previous year: $6.69B
+14.0%

Brown & Brown

Brown & Brown

Brown & Brown Revenue by Segment

Forward Guidance

This press release contains certain statements relating to future results which are forward-looking statements, including those relating to the Company's anticipated financial results for the fourth quarter and full year of 2019.

Revenue & Expenses

Visualization of income flow from segment revenue to net income