Brown & Brown
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Brown & Brown generated cash of $1,009,500,000, which is more than the previous year. Cash used in financing activities reached the amount of -$186,700,000 last year. Net change in cash is therefore $269,700,000.
Cash Flow
| 2014 | 385.01M | -707.31M | 589.39M |
|---|---|---|---|
| 2015 | 411.84M | -144.63M | -293.83M |
| 2016 | 375.15M | -142.41M | -160.52M |
| 2017 | 441.97M | -62.59M | -336.58M |
| 2018 | 567.5M | -951.8M | 337.8M |
| 2019 | 678.2M | -413.6M | -79.21M |
| 2020 | 721.6M | -759.1M | 346.4M |
| 2021 | 948M | -396.7M | -349.3M |
| 2022 | 881.4M | -1.91B | 1.72B |
| 2023 | 1.00B | -587M | -186.7M |
BRO Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 2.03B | 1.47B | 1.27B | 963M | 777.6M | 824.1M | 781.28M | 443.42M | 470.04M | 202.95M |
Operating activities | ||||||||||
Net income | 870.5M | 671.8M | 587.1M | 480.5M | 398.5M | 344.3M | 399.63M | 257.49M | 243.31M | 206.89M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 206M | 185.8M | 152.9M | 134.8M | 128.7M | 109.3M | 108.14M | 107.66M | 108.31M | 103.83M |
Stock-based compensation expense | 89.4M | 66.1M | 61M | 59.7M | 47M | 33.5M | 30.63M | 16.05M | 15.51M | 19.36M |
| Deferred income tax benefit | 89.4M | 66.1M | 61M | 59.7M | 47M | 33.5M | 30.63M | 16.05M | 15.51M | 19.36M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 599.5M | -828.8M | -92.4M | -120.4M | -79.9M | 318.8M | -443.04M | -109.66M | -26.10M | 1.05M |
Inventories | 0 | 0 | -9.4M | -119.6M | -13.8M | -423.49M | 377.54M | 25.72M | 5.89M | -67.03M |
Accounts payable | 260M | 124.3M | 184.9M | 266.6M | 166.6M | 163M | 64.17M | 96.25M | 34.74M | 45.11M |
Cash generated by operating activities | 1.00B | 881.4M | 948M | 721.6M | 678.2M | 567.5M | 441.97M | 375.15M | 411.84M | 385.01M |
Investing activities | ||||||||||
Purchases Of Investments | -7.2M | -100K | -12.4M | -14.2M | -17.5M | -9.3M | -10.66M | -25.87M | -22.76M | -17.81M |
Investments In Property Plant And Equipment | -68.9M | -52.6M | -45M | -70.7M | -73.1M | -41.5M | -24.19M | -17.76M | -18.37M | -24.92M |
Acquisitions Net | -524.1M | -1.92B | -366.8M | -694.8M | -353M | -923.9M | -41.47M | -122.62M | -136M | -696.48M |
Cash generated by investing activities | -587M | -1.91B | -396.7M | -759.1M | -413.6M | -951.8M | -62.59M | -142.41M | -144.63M | -707.31M |
Financing activities | ||||||||||
Common Stock Issued | 39.8M | 37.6M | 34M | 980.1M | 24.99M | 19.5M | 17.42M | 15.98M | 15.89M | 14.80M |
Payments for dividends | -135M | -119.5M | -107.2M | -100.6M | -91.34M | -84.7M | -77.71M | -70.26M | -64.10M | -59.33M |
Repurchases of common stock | -39.9M | -122.9M | -132.4M | -96.4M | -69.60M | -91.3M | -128.63M | -18.90M | -163.75M | -75.02M |
Repayments of term debt | -150.6M | 1.93B | -73.1M | -405M | 50M | -370M | -96.75M | -73.12M | -45.62M | -805M |
Cash used in financing activities | -186.7M | 1.72B | -349.3M | 346.4M | -79.21M | 337.8M | -336.58M | -160.52M | -293.83M | 589.39M |
Net Change In Cash | 269.7M | 562.9M | 198.4M | 308.9M | 185.4M | -46.5M | 42.80M | 72.22M | -26.62M | 267.09M |
Cash at end of period | 2.30B | 2.03B | 1.47B | 1.27B | 963M | 777.6M | 824.08M | 515.64M | 443.42M | 470.04M |
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