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BROWN & BROWN, INC.

LISTEDNYSE

SYMBOLBRO

SIC6411

STATE OF INC.FL

FISCAL YEAR ENDSJanuary 19

CIK79282

INSURANCE AGENTS, BROKERS & SERVICE · LARGE ACCELERATED FILER · 10 FISCAL YEARS OF SEC XBRL DATA, 2016–2025

Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.

CAPITALIZATION 12/31/25

($ millions)	Amount	%
Total debt	7,613	37.7
Stockholders' equity	12,573	62.3
Total capitalization	20,186	100.0

334,610,357 shares outstanding at 24 July 2026 (cover page of the 10-Q filed 27 July 2026).

LONG-TERM DEBT 12/31/25

($ millions)	Amount
Long-term debt, incl. current maturities	7,613
Long-term debt, noncurrent	6,894
Current maturities	719

CAPITAL STOCK 12/31/25

Common shares authorized	560,000,000
Common shares issued	357,000,000
Treasury shares	21,000,000
Par or stated value per share ($)	0.1
Outstanding at 7/24/26	334,610,357

DIVIDENDS DECLARED/PAID

Fiscal year	Per share $	Payout %
2025	0.62	19.6
2024	0.54	15.6
2023	0.48	15.7
2022	0.42	17.7
2021	0.38	18.4

HISTORY AND BUSINESS

HISTORY: Incorporated in Florida. Formerly known as POE & BROWN INC (to 15 March 1999).

BUSINESS: Classified by the SEC under Standard Industrial Classification 6411, Insurance Agents, Brokers & Service. Large accelerated filer. Principal executive office: 300 N. Beach Street, Daytona Beach, FL 32114. Fiscal year ends January 19. For a description of the business, see Item 1 of the latest 10-K.

CONSOLIDATED INCOME ACCOUNT, YEARS ENDED

($ millions)	12/31/25	12/31/24	12/31/23
Premiums earned	83	77	28
Total revenues	5,902	4,805	4,257
Income before income taxes	1,371	1,303	1,146
Income taxes	304	301	275
Net income	1,054	993	871
Earned per share, diluted ($)	3.16	3.46	3.05
Dividends per share ($)	0.62	0.54	0.48

CONSOLIDATED BALANCE SHEET

($ millions)	12/31/25	12/31/24
Total investments	–	19
Cash and equivalents	1,079	675
Total assets	29,991	17,612
Policy liabilities and reserves	671	1,543
Debt	7,613	3,824

TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)

Fiscal year ended	Revenues	Oper. income	Net income	Net margin %	EPS diluted $	Div. per share $	Oper. cash flow	Total assets	Total liabilities	Total debt	Deposits	Stockholders' equity	ROE %	Debt / equity
12/31/25	5,902	–	1,054	17.9	3.16	0.62	1,450	29,991	17,418d	7,613	–	12,573	8.4	0.61
12/31/24	4,805	–	993	20.7	3.46	0.54	1,174	17,612	11,175d	3,824	–	6,437	15.4	0.59
12/31/23	4,257	–	871	20.5	3.05	0.48	1,010	14,883	9,304d	3,796	–	5,579	15.6	0.68
12/31/22	3,573	–	672	18.8	2.37	0.42	881	13,974	9,368d	3,942	–	4,607	14.6	0.86
12/31/21	3,051	–	587	19.2	2.07	0.38	809	9,795	5,598d	2,023	–	4,197	14.0	0.48
12/31/20	2,613	–	480	18.4	1.69	0.35	713	8,966	5,212d	2,096	–	3,754	12.8	0.56
12/31/19	2,392	–	399	16.7	1.40	0.33	678	7,623	4,272d	1,555	–	3,350	11.9	0.46
12/31/18	2,014	–	344	17.1	1.22	0.31	568	6,689	3,688	1,507	–	3,001	11.5	0.50
12/31/17	1,881	–	400	21.2	1.40	0.28	442	5,748	3,165d	976	–	2,583	15.5	0.38
12/31/16	1,767	–	257	14.6	0.91	0.25	411	5,263	2,903d	1,074	–	2,360	10.9	0.45

Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; capital expenditure and free cash flow are not shown for banks and insurers, where they are not meaningful; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.

REGISTRANT:

BROWN & BROWN, INC.
CIK 79282 · EIN 59-0864469

PRINCIPAL OFFICE:

300 N. Beach Street, Daytona Beach, FL 32114
Tel.: 386-252-9601

INCORPORATED:

Florida

INDUSTRY (SEC SIC CODE):

6411 · Insurance Agents, Brokers & Service

FILER STATUS:

Large accelerated filer

LATEST ANNUAL REPORT:

10-K for period ended 12/31/25, filed 12 February 2026

FORMER NAMES:

BROWN & BROWN, INC; BROWN & BROWN INC; POE & BROWN INC

RECENT FILINGS (ANNUAL REPORT REFERENCES BELOW):

9/10/26	8-K	period 9/9/26
8/10/26	8-K	period 8/10/26
7/27/26	10-Q	period 6/30/26
7/27/26	8-K	period 7/27/26
6/5/26	8-K	period 6/5/26
5/7/26	8-K	period 5/6/26
4/27/26	10-Q	period 3/31/26
4/27/26	8-K	period 4/27/26

Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/12/26) · 10-K FY2024 (filed 2/13/25) · 10-K FY2023 (filed 2/22/24) · 10-K FY2022 (filed 2/27/23) · 10-K FY2021 (filed 2/23/22) · 10-K FY2020 (filed 2/23/21) · 10-K FY2019 (filed 2/24/20) · 10-K FY2018 (filed 2/26/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.