Discontinued — last reported Q4 '23
Brown & Brown Retail — CapEx decreased by 4.3% to $8.90M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 89.4%, from $4.70M to $8.90M.
Higher spending suggests investment in growth or modernization, while lower spending may indicate cost-cutting or a mature asset base.
This represents the cash outflows for capital expenditures related to physical assets, such as office equipment, technol...
Standard capital expenditure (CapEx) metric used across all industries.
bro_segment_retail_payments_to_acquire_property_plant_and_equipment| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.30M | $1.40M | $2.10M | $2.30M | $1.60M | $2.10M | $4.70M | $10.20M | $4.80M | $9.30M | $8.90M |
| QoQ Change | — | -39.1% | +50.0% | +9.5% | -30.4% | +31.3% | +123.8% | +117.0% | -52.9% | +93.8% | -4.3% |
| YoY Change | — | — | — | — | -30.4% | +50.0% | +123.8% | +343.5% | +200.0% | +342.9% | +89.4% |