Loading...
•
Dec 31, 2023
Brown & Brown Q4 2023 Earnings Report
Brown & Brown reported Q4 2023 results, with revenue increasing by 13.8% and a new business alignment into three segments.
Key Takeaways
Brown & Brown's Q4 2023 revenues increased by 13.8% to $1,026.2 million, with organic revenue growth of 7.7%. Diluted net income per share was $0.94, and adjusted diluted net income per share was $0.58. The company also announced a new alignment of its businesses into three segments.
Total revenues for Q4 2023 reached $1,026.2 million, a 13.8% increase year-over-year.
Organic Revenue grew by 7.7% in Q4 2023.
Diluted net income per share increased to $0.94, an 84.3% increase compared to the prior year.
The company has realigned its business into three segments: Retail, Programs, and Wholesale Brokerage.
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
The company did not provide specific forward guidance in the earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income