Discontinued — last reported Q4 '23

Business Segments · CapEx

Services — CapEx

Brown & Brown Services — CapEx decreased by 50.0% to $200.00K in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 33.3%, from $300.00K to $200.00K.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ2 2017
Last reportedQ4 2023

How to read this metric

High payments indicate active investment in physical capacity, whereas low payments suggest a focus on asset-light operations.

Detailed definition

Reflects the cash outflows specifically directed toward the purchase of physical assets such as buildings, machinery, an...

Peer comparison

Standard cash flow item for capital-intensive or infrastructure-heavy segments.

Metric ID: bro_segment_services_payments_to_acquire_property_plant_and_equipment

Historical Data

11 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23
Value$100.00K$400.00K$900.00K$200.00K$200.00K$300.00K$300.00K$200.00K$300.00K$400.00K$200.00K
QoQ Change+300.0%+125.0%-77.8%+0.0%+50.0%+0.0%-33.3%+50.0%+33.3%-50.0%
YoY Change+100.0%-25.0%-66.7%+0.0%+50.0%+33.3%-33.3%
Range$100.00K$900.00K
CAGR+32.0%
Avg YoY Growth+8.3%
Median YoY Growth+0.0%

Frequently Asked Questions

What is Brown & Brown's services — capex?
Brown & Brown (BRO) reported services — capex of $200.00K in Q3 2023.
How has Brown & Brown's services — capex changed year-over-year?
Brown & Brown's services — capex decreased by 33.3% year-over-year, from $300.00K to $200.00K.
What does services — capex mean?
Cash spent by the Services segment to buy physical property and equipment.