Dec 31, 2022

Brown & Brown Q4 2022 Earnings Report

Brown & Brown reported Q4 2022 revenues of $901.4 million, an increase of 22.1%, and diluted net income per share of $0.51.

Key Takeaways

Brown & Brown, Inc. announced its Q4 2022 financial results, with revenues reaching $901.4 million, a 22.1% increase compared to the previous year. Diluted net income per share increased to $0.51, and adjusted diluted net income per share was $0.50. The company's organic revenue grew by 7.8%.

Q4 revenues reached $901.4 million, up 22.1% year-over-year.

Diluted net income per share increased to $0.51, a 41.7% increase.

Adjusted diluted net income per share increased to $0.50, a 28.2% increase.

Organic revenue increased by 7.8%.

Total Revenue
$901M
Previous year: $739M
+22.1%
EPS
$0.5
Previous year: $0.42
+19.0%
Organic Revenue growth
7.8%
Previous year: 9%
-13.3%
Gross Profit
$418M
Previous year: $321M
+30.1%
Cash and Equivalents
$650M
Previous year: $693M
-6.2%
Free Cash Flow
$261M
Previous year: $304M
-14.1%
Total Assets
$14B
Previous year: $9.8B
+42.7%

Brown & Brown

Brown & Brown

Brown & Brown Revenue by Segment

Forward Guidance

The company did not provide specific forward guidance in the earnings report.

Revenue & Expenses

Visualization of income flow from segment revenue to net income