← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
Brown & Brown grew sharply around Accession: revenue +22.8% and FCF +26.6%, while debt rose +99.1% and net margin fell 281 bps.
The read at a glance✓ Audited against SEC data
- Growth — Revenue +22.8% to $5.90BOK
- Cash quality — FCF +26.6% to $1.38BOK
- Profitability — Net income +6.1%; margin -281 bpsWatch
- Balance sheet — Debt +99.1% to $7.61BWatch
- Capital — Dividends +25.3%; buybacks $0.10BOK
- Insiders — 4 buys / 0 sells; $505K totalOK
Business
Brown & Brown is an insurance intermediary: it sells and services insurance, mostly as an agent or broker, with most activity in property, casualty, and employee benefits. It also has specialty distribution, captives, and a flood carrier tied to the National Flood Insurance Program.
Where the revenue comes from
Fiscal 2025, as BROWN & BROWN, INC. reports it. History and quarterly detail are in the app.
- Retail$3.4B
- Specialty Distribution$2.4B
Leadership changes
From BROWN & BROWN, INC.'s own filings, the day they're filed.
- P. Barrett Brown · President · appointmenteff. 2025-10-17
- Joia M. Johnson · director · departureeff. 2025-08-13
- Paul M. Gallagher · principal accounting officer · appointmenteff. 2025-05-07
Latest filings
- 8-K · Company announcement2026-08-10
- 8-K · Company announcement2026-07-27
- 10-Q · Quarterly report2026-07-27
- 8-K · Company announcement2026-06-05
- 8-K · Company announcement2026-05-07
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about BROWN & BROWN, INC., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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