Brown & Brown ( (BRO) ) has released its Q2 earnings. Here is a breakdown of the information Brown & Brown presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Brown & Brown, Inc. is a leading insurance brokerage firm that provides risk management solutions globally, with a presence in over 500 locations and a workforce of more than 17,000 professionals. The company recently announced its financial results for the second quarter of 2025, reporting total revenues of $1.3 billion, marking a 9.1% increase compared to the same period last year. Despite the revenue growth, the company experienced a decrease in net income and income before taxes.
In the second quarter of 2025, Brown & Brown achieved an organic revenue growth of 3.6%, while its commissions and fees increased by 8.2%. The company’s adjusted EBITDAC rose by 12.1% to $471 million, with an improved adjusted EBITDAC margin of 36.7%. However, the net income attributable to the company decreased by 10.1% to $231 million, and diluted net income per share fell by 13.3% to $0.78.
For the first half of 2025, the company reported total revenues of $2.7 billion, a 10.4% increase from the previous year. The adjusted diluted net income per share rose by 12.1% to $2.32. The company also noted a significant increase in its cash and cash equivalents, which rose to $10.9 billion by the end of the period.
Looking ahead, Brown & Brown’s management expressed confidence in the company’s momentum as it enters the second half of the year, focusing on leveraging its scalable and innovative strategies to continue delivering value to its customers.