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Brown & Brown (Brown & Brown) Pre-Tax Income : $1,216 Mil (TTM As of Mar. 2024)


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What is Brown & Brown Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Brown & Brown's pretax income for the three months ended in Mar. 2024 was $364 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $1,216 Mil. Brown & Brown's pretax margin was 29.43%.

During the past 13 years, Brown & Brown's highest Pretax Margin was 28.13%. The lowest was 21.68%. And the median was 24.12%.


Brown & Brown Pre-Tax Income Historical Data

The historical data trend for Brown & Brown's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Brown & Brown Pre-Tax Income Chart

Brown & Brown Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 525.93 624.10 762.80 876.10 1,146.10

Brown & Brown Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 294.00 254.40 242.30 355.10 364.00

Competitive Comparison of Brown & Brown's Pre-Tax Income

For the Insurance Brokers subindustry, Brown & Brown's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Brown & Brown's Pre-Tax Income Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Brown & Brown's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Brown & Brown's Pre-Tax Income falls into.



Brown & Brown Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Brown & Brown's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1156.9+186.9+-197.7+0+-2.2737367544323E-13
=1,146

Brown & Brown's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=391+23+-50+0+0
=364

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,216 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Brown & Brown  (NYSE:BRO) Pre-Tax Income Explanation

Brown & Brown's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=364/1237
=29.43%

During the past 13 years, Brown & Brown's highest Pretax Margin was 28.13%. The lowest was 21.68%. And the median was 24.12%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Brown & Brown Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Brown & Brown's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Brown & Brown (Brown & Brown) Business Description

Traded in Other Exchanges
Address
300 North Beach Stree, Daytona Beach, FL, USA, 32114
Brown & Brown Inc is an insurance agent and broker that offers insurance products and services, primarily in the areas of property, casualty, and employee benefits, by connecting customers with insurance companies. It earns its revenue via commissions from insurance companies and direct fees from customers, and it generally has no underwriting risk exposure. More than half of its revenue is from its retail segment, which provides a broad range of insurance products and services to entities and individuals. Roughly a fourth of revenue is from its national programs segment, which provides, among other things, professional liability coverage for professionals. The company operates primarily in the United States, with its highest exposure in Florida.
Executives
Stephen M Boyd officer: EVP/ Pres Wholesale Brokerage 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Bronislaw Edmund Masojada director POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Paul J Krump director C/O CHUBB & SON, 15 MOUNTAIN VIEW RD P O BOX161, WARREN NJ 07061-1615
Proctor H Palmer Jr director
James Charles Hays director 100 S. POINTE DRIVE, UNIT 2605, MIAMI BEACH FL 33139
Gellerstedt Lawrence L Iii director 3344 PEACHTREE ROAD, SUITE 1800, ATLANTA GA 30326
Jaymin B Patel director C/O GTECH HOLDINGS CORPORATION, 55 TECHNOLOGY WAY, WEST GREENWICH RI 02817
Robert W Lloyd officer: VP & Chief Litigation Officer 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Hugh M Brown director 3740 RANEY DRIVE, TITUSVILLE FL 32780
Nester Kenneth Gray Ii officer: EVP/Chief Information Officer 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Julie Turpin officer: EVP/Chief People Officer 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Chris L Walker officer: Regional Executive VP 220 S RIDGEWOOD AVE, DAYTONA BEACH FL 32114-4318
R. Andrew Watts officer: EVP, CFO and Treasurer 220 S. RIDGEWOOD AVE., DAYTONA BEACH FL 32114
P Barrett Brown officer: EVP and Pres.- Retail Segment 300 N. BEACH STREET, DAYTONA BEACH FL 32114
Jerome Scott Penny officer: Regional Executive VP 300 N. BEACH STREET, DAYTONA BEACH FL 32114

Brown & Brown (Brown & Brown) Headlines

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