Discontinued — last reported Q4 '23
Brown & Brown Wholesale Brokerage — CapEx decreased by 30.0% to $700.00K in Q3 2023 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $700.00K to $700.00K.
Higher spending suggests investment in growth or modernization, while lower spending may indicate a focus on cash preservation or asset-light operations.
This metric tracks the cash outflows for capital expenditures related to physical assets within the Wholesale Brokerage...
Commonly reported as capital expenditures (CapEx) in segment disclosures for service-based firms.
bro_segment_wholesale_brokerage_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 | $500.00K | $600.00K | $200.00K | $300.00K | $400.00K | $400.00K | $700.00K | $1.30M | $400.00K | $1.00M | $700.00K |
| QoQ Change | — | +20.0% | -66.7% | +50.0% | +33.3% | +0.0% | +75.0% | +85.7% | -69.2% | +150.0% | -30.0% |
| YoY Change | — | — | — | — | -20.0% | -33.3% | +250.0% | +333.3% | +0.0% | +150.0% | +0.0% |