Brown & Brown, Inc. (BRO)

Solvency & Capital Structure

Total Debt

$8.01B

Net Debt

$7.09B

Brown & Brown, Inc. currently has $8.01B in total debt. Net debt is $7.09B after cash offsets.

Financial Fundamentals

BRO • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-06-30	8.01	0.92	7.09	29.89	26.8%
2026-03-31	8.06	1.00	7.06	29.70	27.1%
2025-12-31	7.92	1.08	6.84	29.99	26.4%
2025-09-30	7.97	1.19	6.78	29.35	27.2%
2025-06-30	7.73	8.89	-1.16Net Cash	25.64	30.2%
2025-03-31	3.99	0.67	3.32	16.76	23.8%
2024-12-31	4.06	0.69	3.38	17.61	23.1%
2024-09-30	3.77	0.97	2.81	17.52	21.5%
2024-06-30	4.30	1.12	3.18	15.94	26.9%
2024-03-31	4.06	0.59	3.47	14.81	27.4%
2023-12-31	4.02	0.71	3.31	14.88	27.0%
2023-09-30	3.89	0.77	3.12	13.98	27.8%
2023-06-30	4.00	0.64	3.36	14.07	28.4%
2023-03-31	4.12	0.57	3.54	13.40	30.7%
2022-12-31	4.18	0.66	3.52	13.97	29.9%
2022-09-30	4.30	0.59	3.71	13.66	31.5%
2022-06-30	4.41	2.40	2.01	12.28	35.9%
2022-03-31	3.73	1.71	2.01	11.27	33.0%
2021-12-31	2.25	0.71	1.54	9.80	22.9%
2021-09-30	2.22	0.96	1.26	9.63	23.0%
2021-06-30	2.23	0.86	1.36	9.36	23.8%
2021-03-31	2.25	0.69	1.56	8.91	25.2%
2020-12-31	2.31	0.84	1.48	8.97	25.8%
2020-09-30	2.28	1.09	1.19	8.80	25.9%
2020-06-30	1.80	0.64	1.16	8.20	22.0%
2020-03-31	1.72	0.40	1.32	7.58	22.7%
2019-12-31	1.77	0.55	1.21	7.62	23.2%
2019-09-30	1.75	0.51	1.24	7.68	22.7%
2019-06-30	1.65	0.44	1.21	7.16	23.0%
2019-03-31	1.65	0.33	1.32	6.81	24.3%
2018-12-31	1.51	0.45	1.06	6.69	22.5%
2018-09-30	0.86	0.44	0.43	5.80	14.9%
2018-06-30	0.87	0.49	0.38	5.70	15.2%
2018-03-31	0.97	0.58	0.39	5.62	17.3%
2017-12-31	0.98	0.60	0.38	5.75	17.0%
2017-09-30	0.98	0.58	0.41	7.41	13.2%
2017-06-30	0.99	0.63	0.35	5.28	18.7%
2017-03-31	1.06	0.57	0.49	5.20	20.4%
2016-12-31	1.07	0.53	0.54	5.29	20.3%
2016-09-30	1.11	0.50	0.61	5.52	20.1%
2016-06-30	1.13	0.47	0.66	5.21	21.6%
2016-03-31	1.14	0.42	0.72	4.99	22.8%
2015-12-31	1.14	0.46	0.69	5.00	22.9%
2015-09-30	1.16	0.46	0.70	5.00	23.2%
2015-06-30	1.17	0.42	0.74	5.02	23.2%
2015-03-31	1.17	0.35	0.82	4.84	24.3%
2014-12-31	1.20	0.48	0.72	4.96	24.2%
2014-09-30	1.20	0.39	0.80	4.95	24.2%
2014-06-30	1.17	0.32	0.85	4.93	23.8%
2014-03-31	0.48	0.26	0.22	3.67	13.1%
2013-12-31	0.48	0.21	0.27	3.65	13.2%
2013-09-30	0.48	0.18	0.30	3.55	13.5%
2013-06-30	0.45	0.40	0.05	3.33	13.5%
2013-03-31	0.45	0.35	0.10	3.23	13.9%
2012-12-31	0.45	0.23	0.22	3.13	14.4%
2012-09-30	0.45	0.44	0.01	3.13	14.4%
2012-06-30	0.45	0.39	0.06	3.10	14.6%
2012-03-31	0.45	0.35	0.11	3.02	14.9%
2011-12-31	0.25	0.29	-0.04Net Cash	2.61	9.6%
2011-09-30	0.25	0.48	-0.23Net Cash	2.56	9.8%
2011-06-30	0.25	0.40	-0.15Net Cash	2.52	10.0%
2011-03-31	0.25	0.38	-0.13Net Cash	2.44	10.3%
2010-12-31	0.25	0.28	-0.03Net Cash	2.40	10.5%
2010-09-30	0.25	0.42	-0.17Net Cash	2.39	10.5%
2010-06-30	0.26	0.44	-0.18Net Cash	2.34	10.9%
2010-03-31	0.26	0.38	-0.12Net Cash	2.25	11.4%
2009-12-31	0.27	0.21	0.06	2.22	12.0%
2009-09-30	0.26	0.35	-0.08Net Cash	2.24	11.7%
2009-06-30	0.25	0.35	-0.10Net Cash	2.23	11.4%
2009-03-31	0.26	0.27	-0.01Net Cash	2.15	12.0%
2008-12-31	0.26	0.09	0.17	2.12	12.3%
2008-09-30	0.26	0.24	0.02	2.11	12.4%
2008-06-30	0.26	0.22	0.05	2.07	12.6%
2008-03-31	0.26	0.26	0.00	1.99	13.1%
2007-12-31	0.24	0.04	0.20	1.96	12.2%
2007-09-30	0.24	0.30	-0.06Net Cash	1.92	12.4%
2007-06-30	0.24	0.31	-0.07Net Cash	1.88	12.9%
2007-03-31	0.25	0.11	0.13	1.83	13.5%
2006-12-31	0.24	0.09	0.15	1.81	13.5%
2006-09-30	0.27	0.34	-0.07Net Cash	1.80	14.9%
2006-06-30	0.23	0.31	-0.08Net Cash	1.72	13.2%
2006-03-31	0.28	0.33	-0.05Net Cash	1.68	16.9%
2005-12-31	0.27	0.10	0.17	1.61	16.8%
2005-09-30	0.27	0.31	-0.04Net Cash	1.53	17.5%
2005-06-30	0.27	0.28	-0.01Net Cash	1.47	18.4%
2005-03-31	0.32	0.28	0.04	1.46	22.2%
2004-12-31	0.24	0.19	0.05	1.25	19.5%
2004-09-30	0.25	0.19	0.06	1.23	20.2%
2004-06-30	0.10	0.04	0.07	0.99	10.3%
2004-03-31	0.06	0.02	0.04	0.92	6.1%
2003-12-31	0.06	0.06	0.00	0.87	6.9%
2003-09-30	0.07	0.07	0.00	0.85	8.3%
2003-06-30	0.08	0.05	0.02	0.81	9.4%
2003-03-31	0.08	0.05	0.03	0.79	10.2%
2002-12-31	0.08	0.07	0.02	0.75	11.3%
2002-09-30	0.08	0.15	-0.06Net Cash	0.71	11.5%
2002-06-30	0.09	0.15	-0.07Net Cash	0.72	12.1%
2002-03-31	0.09	0.17	-0.08Net Cash	0.69	13.0%
2001-12-31	0.10	0.02	0.08	0.49	20.3%
2001-09-30	0.10	0.04	0.05	0.45	21.4%
2001-06-30	0.10	0.04	0.06	0.44	22.9%
2001-03-31	0.12	0.08	0.04	0.44	26.4%
2000-12-31	0.02	0.04	-0.02Net Cash	0.28	5.4%
2000-09-30	0.01	0.06	-0.05Net Cash	0.26	2.0%
2000-06-30	0.01	0.05	-0.04Net Cash	0.25	2.3%
2000-03-31	0.01	0.05	-0.05Net Cash	0.25	2.6%
1999-12-31	0.01	0.02	-0.02Net Cash	0.24	3.7%
1999-09-30	0.01	0.01	-0.00Net Cash	0.22	3.0%
1999-06-30	0.01	0.01	-0.00Net Cash	0.22	4.2%
1999-03-31	0.01	0.01	0.00	0.23	4.6%
1998-12-31	0.02	0.01	0.01	0.23	9.7%
1998-09-30	0.01	0.01	0.00	0.21	4.1%
1998-06-30	0.01	0.01	-0.00Net Cash	0.20	3.3%
1998-03-31	0.01	0.01	-0.00Net Cash	0.19	2.9%
1997-12-31	0.01	0.01	-0.00Net Cash	0.19	6.4%
1997-09-30	0.01	0.01	-0.00Net Cash	0.18	5.2%
1997-06-30	0.01	0.01	-0.00Net Cash	0.18	5.8%
1997-03-31	0.01	0.01	0.00	0.19	6.6%
1996-12-31	0.01	0.03	-0.02Net Cash	0.18	5.9%
1996-09-30	0.01	0.03	-0.02Net Cash	0.16	7.8%