Brown & Brown ( (BRO) ) has released its Q1 earnings. Here is a breakdown of the information Brown & Brown presented to its investors.
Brown & Brown, Inc. is a prominent insurance brokerage firm offering risk management solutions globally, with over 500 locations and a workforce exceeding 17,000 professionals. In its first quarter of 2025, Brown & Brown reported a notable financial performance, with total revenues reaching $1.4 billion, marking an 11.6% increase from the previous year. The company also declared a quarterly dividend of $0.15 per share. Key financial metrics for the quarter include a 6.5% growth in Organic Revenue and a 17.3% increase in income before income taxes, which amounted to $427 million. The company’s EBITDAC – Adjusted rose by 14.8% to $535 million, while the diluted net income per share increased by 12.7% to $1.15, with an adjusted figure of $1.29. Looking ahead, Brown & Brown’s management remains optimistic about continuing to execute its strategic plans, aiming for sustained growth and performance in the coming quarters.