Brown Financial Statements From 2010 to 2022

BRO
 Stock
  

USD 59.06  1.77  3.09%   

Brown Brown financial statements provide useful quarterly and yearly information to potential Brown Brown investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Brown Brown financial statements helps investors assess Brown Brown's valuation, profitability, and current liquidity needs.
We have found one hundred eight available fundamental signals for Brown Brown, which can be analyzed and compared to other ratios and to its rivals. We recommend to validate Brown Brown's prevailing fundamental drivers against the all of the trends between 2010 and 2022.
Brown Brown Market Capitalization is quite stable at the moment as compared to the past year. The company's current value of Market Capitalization is estimated at 21.42 Billion.
  
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Check Brown Brown financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Brown main balance sheet or income statement drivers, such as Consolidated Income of 492.3 M, Earning Before Interest and Taxes EBIT of 717 M or Gross Profit of 2.7 B, as well as many exotic indicators such as Interest Coverage of 15.69, Long Term Debt to Equity of 0.42 or Calculated Tax Rate of 32.84. Brown financial statements analysis is a perfect complement when working with Brown Brown Valuation or Volatility modules. It can also supplement various Brown Brown Technical models. Continue to the analysis of Brown Brown Correlation against competitors.

Brown Brown Revenues

2.69 Billion

Share

Brown Brown Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets8.5 B9.8 B5.7 B
Increasing
Slightly volatile
Cash and Equivalents784.2 M693.2 M705.3 M
Increasing
Slightly volatile
Investments40.1 M43.9 M28.6 M
Increasing
Slightly volatile
Investments Current14.6 M12.9 M13.1 M
Increasing
Slightly volatile
Investments Non Current27.6 M31 M15.6 M
Increasing
Slightly volatile
Deferred Revenue404.3 M392.2 M340 M
Increasing
Slightly volatile
Property Plant and Equipment Net441.3 M409 M174.1 M
Increasing
Slightly volatile
Tax Assets29.2 M28.3 M24.9 M
Increasing
Slightly volatile
Trade and Non Trade Receivables1.4 B1.7 B937.5 M
Increasing
Slightly volatile
Trade and Non Trade Payables249.1 M242.7 M645.6 M
Increasing
Stable
Goodwill and Intangible Assets5.2 B5.8 B3.6 B
Increasing
Slightly volatile
Total Liabilities4.8 B5.6 B3.1 B
Increasing
Slightly volatile
Shareholders Equity3.7 B4.2 B2.6 B
Increasing
Slightly volatile
Accumulated Retained Earnings Deficit3.5 BB2.4 B
Increasing
Slightly volatile
Accumulated Other Comprehensive Income(8.7 M)(8.5 M)(7.8 M)
Decreasing
Slightly volatile
Current Assets2.8 B3.3 B1.8 B
Increasing
Slightly volatile
Assets Non Current5.7 B6.5 B3.9 B
Increasing
Slightly volatile
Current Liabilities2.3 B2.7 B1.5 B
Increasing
Slightly volatile
Liabilities Non Current2.5 B2.9 B1.6 B
Increasing
Slightly volatile
Tax Liabilities382.5 M386.8 M304.6 M
Increasing
Slightly volatile
Total Debt1.9 B2.2 B1.2 B
Increasing
Slightly volatile
Debt Current54.6 M42.5 M51.5 M
Increasing
Slightly volatile
Debt Non Current1.8 B2.2 B1.1 B
Increasing
Slightly volatile
Shareholders Equity USD3.7 B4.2 B2.6 B
Increasing
Slightly volatile
Cash and Equivalents USD784.2 M693.2 M705.3 M
Increasing
Slightly volatile
Total Debt USD1.9 B2.2 B1.2 B
Increasing
Slightly volatile
Accounts Payable185 M171.4 M86.8 M
Increasing
Slightly volatile
Receivables1.1 BB681.1 M
Increasing
Slightly volatile

Brown Brown Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues2.7 B3.1 B1.9 B
Increasing
Slightly volatile
Selling General and Administrative Expense1.8 BB1.3 B
Increasing
Slightly volatile
Operating Expenses1.9 B2.2 B1.4 B
Increasing
Slightly volatile
Interest Expense56.3 M65 M37.8 M
Increasing
Slightly volatile
Income Tax Expense168.3 M175.7 M132 M
Increasing
Slightly volatile
Consolidated Income492.3 M587.1 M318.4 M
Increasing
Slightly volatile
Net Income492.3 M587.1 M318.4 M
Increasing
Slightly volatile
Net Income Common Stock492.3 M587.1 M318.4 M
Increasing
Slightly volatile
Weighted Average Shares311.2 M282.4 M282.8 M
Increasing
Slightly volatile
Weighted Average Shares Diluted337.3 M328.6 M292.1 M
Increasing
Slightly volatile
Earning Before Interest and Taxes EBIT717 M827.8 M488.1 M
Increasing
Slightly volatile
Revenues USD2.7 B3.1 B1.9 B
Increasing
Slightly volatile
Net Income Common Stock USD492.3 M587.1 M318.4 M
Increasing
Slightly volatile
Earning Before Interest and Taxes USD717 M827.8 M488.1 M
Increasing
Slightly volatile
Gross Profit2.7 B3.1 B1.9 B
Increasing
Slightly volatile
Operating Income742 M868.2 M495.3 M
Increasing
Slightly volatile

Brown Brown Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Investment Acquisitions and Disposals(1.7 M)(1.6 M)(1.4 M)
Decreasing
Stable
Net Cash Flow from Financing(352.9 M)(343.9 M)(20.6 M)
Decreasing
Stable
Issuance Repayment of Debt Securities (75 M)(73.1 M)131.1 M
Increasing
Very volatile
Issuance Purchase of Equity Shares(100.9 M)(98.3 M)(54.4 M)
Decreasing
Slightly volatile
Net Cash Flow from Operations779 M942.5 M491.8 M
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents214 M198.3 M89.6 M
Increasing
Slightly volatile
Share Based Compensation48.3 M61 M28.1 M
Increasing
Slightly volatile
Depreciation Amortization and Accretion142.9 M152.9 M107.3 M
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share1.742.081.1267
Increasing
Slightly volatile
Earnings per Diluted Share1.732.071.1136
Increasing
Slightly volatile
Earnings per Basic Share USD1.742.081.1267
Increasing
Slightly volatile
Dividends per Basic Common Share0.350.380.2581
Increasing
Slightly volatile
Return on Average Equity0.150.1460.1212
Increasing
Slightly volatile
Return on Average Assets0.05670.0620.0577
Decreasing
Stable
Return on Invested Capital0.550.3740.9283
Decreasing
Slightly volatile
Gross Margin0.890.90.9842
Decreasing
Slightly volatile
Profit Margin0.20.1920.1682
Increasing
Slightly volatile
EBITDA Margin0.310.3210.3214
Decreasing
Slightly volatile
Return on Sales0.250.2710.2619
Decreasing
Slightly volatile
Asset Turnover0.320.3240.3487
Decreasing
Slightly volatile
Payout Ratio0.20.1830.2431
Decreasing
Slightly volatile
Enterprise Value over EBITDA18.4521.04612.8466
Increasing
Slightly volatile
Enterprise Value over EBIT22.1125.015.6235
Increasing
Slightly volatile
Price to Earnings Ratio31.2733.78823.6309
Increasing
Slightly volatile
Sales per Share9.5310.8046.6321
Increasing
Slightly volatile
Price to Sales Ratio5.666.5053.9402
Increasing
Slightly volatile
Price to Book Value4.084.7292.7937
Increasing
Slightly volatile
Debt to Equity Ratio1.361.3341.1104
Increasing
Slightly volatile
Dividend Yield0.00720.0050.0108
Decreasing
Slightly volatile
Current Ratio1.171.2491.2415
Decreasing
Slightly volatile
Free Cash Flow per Share2.663.2371.6674
Increasing
Slightly volatile
Book Value per Share13.2514.869.4021
Increasing
Slightly volatile
Tangible Assets Book Value per Share11.7414.0827.4473
Increasing
Slightly volatile
Total Assets Per Share22.6128.5119.2068
Increasing
Slightly volatile
Cash Flow Per Share1.852.291.6044
Increasing
Slightly volatile
Return on Investment15.8714.5614.3408
Decreasing
Slightly volatile
Operating Margin31.0929.9527.0898
Increasing
Very volatile
Calculated Tax Rate32.8426.4632.1995
Decreasing
Slightly volatile
Receivables Turnover3.452.83.3688
Decreasing
Slightly volatile
PPandE Turnover15.1813.4118.5268
Decreasing
Stable
Cash and Equivalents Turnover4.84.414.3301
Decreasing
Very volatile
Accounts Payable Turnover28.120.6428.937
Decreasing
Slightly volatile
Accrued Expenses Turnover13.0412.111.6884
Decreasing
Slightly volatile
Interest Coverage15.6913.2714.9548
Decreasing
Slightly volatile
Long Term Debt to Equity0.420.490.3805
Increasing
Slightly volatile
Quick Ratio0.990.970.8537
Decreasing
Stable
Net Current Assets as percentage of Total Assets7.347.755.9317
Increasing
Stable
Revenue to Assets0.370.340.3448
Decreasing
Slightly volatile

Brown Brown Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax660.6 M762.8 M450.4 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA859.8 M980.7 M595.5 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD859.8 M980.7 M595.5 M
Increasing
Slightly volatile
Market Capitalization21.4 B19.8 B8.5 B
Increasing
Slightly volatile
Enterprise Value22.3 B20.6 B8.9 B
Increasing
Slightly volatile
Invested CapitalB2.8 B1.1 B
Increasing
Slightly volatile
Average Equity3.6 BB2.6 B
Increasing
Slightly volatile
Average Assets8.2 B9.4 B5.5 B
Increasing
Slightly volatile
Invested Capital Average2.4 B2.2 B992.1 M
Increasing
Slightly volatile
Tangible Asset Value3.3 BB2.1 B
Increasing
Slightly volatile
Free Cash Flow750.5 M914.2 M468.9 M
Increasing
Slightly volatile
Working Capital538.1 M662.9 M335.4 M
Increasing
Slightly volatile
Revenue Per Employee259.2 K210.6 K334.3 K
Increasing
Stable
Net Income Per Employee44.9 K38.7 K55.7 K
Increasing
Stable

Brown Fundamental Market Drivers

Forward Price Earnings21.19
Short Percent Of Float2.53%
Average Daily Volume Last 10 Day1.33M
Shares Short Prior Month6.16M
Average Daily Volume In Three Month1.9M
Date Short Interest29th of April 2022
Fifty Day Average61.11
Two Hundred Day Average63.89

Brown Upcoming Events

Upcoming Quarterly Report24th of January 2022
Next Financial Report25th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End24th of January 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Brown Brown Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Brown Brown income statement, its balance sheet, and the statement of cash flows. Brown Brown investors use historical funamental indicators, such as Brown Brown's revenue or net income, to determine how well the company is positioned to perform in the future. Although Brown Brown investors may use each financial statement separately, they are all related. The changes in Brown Brown's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Brown Brown's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Brown Brown Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Brown Brown. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Deferred Revenue392.2 M404.3 M
Revenues3.1 B2.7 B
Revenue to Assets 0.34  0.37 
Revenue Per Employee210.6 K259.2 K
Brown Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. The company was founded in 19 and is headquartered in Daytona Beach, Florida. Brown Brown operates under Insurance Brokers classification in the United States and is traded on New York Stock Exchange. It employs 12023 people.

Brown Brown Investors Sentiment

The influence of Brown Brown's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Brown. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Brown Brown Implied Volatility

    
  73.72  
Brown Brown's implied volatility exposes the market's sentiment of Brown Brown stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Brown Brown's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Brown Brown stock will not fluctuate a lot when Brown Brown's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Brown Brown in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Brown Brown's short interest history, or implied volatility extrapolated from Brown Brown options trading.

Current Sentiment - BRO

Brown Brown Investor Sentiment

Greater number of Macroaxis users are currently bullish on Brown Brown. What is your opinion about investing in Brown Brown? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with Brown Brown

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Brown Brown position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Brown Brown will appreciate offsetting losses from the drop in the long position's value.

Brown Brown Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Brown Brown could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brown Brown when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Brown Brown - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Brown Brown to buy it.
The correlation of Brown Brown is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Brown Brown moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brown Brown moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Brown Brown can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to the analysis of Brown Brown Correlation against competitors. Note that the Brown Brown information on this page should be used as a complementary analysis to other Brown Brown's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Brown Brown price analysis, check to measure Brown Brown's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brown Brown is operating at the current time. Most of Brown Brown's value examination focuses on studying past and present price action to predict the probability of Brown Brown's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Brown Brown's price. Additionally, you may evaluate how the addition of Brown Brown to your portfolios can decrease your overall portfolio volatility.
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Is Brown Brown's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brown Brown. If investors know Brown will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brown Brown listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.1
Market Capitalization
16.7 B
Quarterly Revenue Growth YOY
0.11
Return On Assets
0.055
Return On Equity
0.15
The market value of Brown Brown is measured differently than its book value, which is the value of Brown that is recorded on the company's balance sheet. Investors also form their own opinion of Brown Brown's value that differs from its market value or its book value, called intrinsic value, which is Brown Brown's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brown Brown's market value can be influenced by many factors that don't directly affect Brown Brown's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brown Brown's value and its price as these two are different measures arrived at by different means. Investors typically determine Brown Brown value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brown Brown's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.