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Brown & Brown BRO Accrued Expenses

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Other financials

Income statement

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Revenue$1.7B+30.4%
Net income$288.0M+24.7%
EPS (diluted)$0.84+7.7%

Balance sheet

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Cash & equivalents$918.0M-89.7%
Total debt$8.1B+3.7%
Total equity$5.6B+21.1%
Total assets$29.9B+16.6%

Cash flow

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Operating cash flow$346.0M+6.5%
CapEx$17.0M+13.3%
Free cash flow$329.0M+6.1%

Valuation

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Market cap$23.74B-21.6%
Enterprise value$30.89B+5.9%
P/E19.7×-10.4×
P/S3.5×-2.5×

Profitability

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Net margin17.7%-2.1pp
FCF margin21.3%-3.7pp

Returns & leverage

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Return on equity17.1%+1.8pp
Debt / equity0.7×-0.2×
Current ratio1.1×-1.6×

Where this comes from

Reported directly by Brown & Brown in its filing.

Tagged under the XBRL concept us-gaap:AccruedLiabilitiesCurrent.

The source filing: Brown & Brown’s 10-Q, filed July 27, 2026.

Filed
Jul 27, 2026, 5:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q3 2026
Accession
0001193125-26-318251
(in millions, except per share data)June 30, 2026December 31, 2025
Losses and loss adjustment reserve612671
Unearned premiums9531,053
Accounts payable807990
Accrued expenses and other liabilities683875
Current portion of long-term debt413719
Total current liabilities7,7138,294
Long-term debt less unamortized discount and debt issuance costs7,3466,894
Operating lease liabilities248243

ITEM 1 — Financial Statements (Unaudited)

FAQ

What is Brown & Brown's accrued expenses?
Brown & Brown (BRO) reported accrued expenses of $683M in Q2 2026.
How has Brown & Brown's accrued expenses changed year-over-year?
Brown & Brown's accrued expenses increased by 28.9% year-over-year, from $530M to $683M.
What is the long-term trend for Brown & Brown's accrued expenses?
Over 5 years (2020 to 2025), Brown & Brown's accrued expenses has grown at a 18.7% compound annual growth rate (CAGR), from $371.74M to $875M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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