Discontinued — last reported Q1 '24

Business Segments · Revenue

National Programs — Revenue

Brown & Brown National Programs — Revenue increased by 2.8% to $286.10M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 19.1%, from $240.20M to $286.10M. Over 2 years (FY 2021 to FY 2023), National Programs — Revenue shows an upward trend with a 23.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ2 2017
Last reportedQ1 2024
Rolls up toTotal Revenue

How to read this metric

Higher revenue indicates strong market demand and effective sales execution within the segment.

Detailed definition

This represents the total gross income generated by the segment through insurance brokerage commissions and fees. It is...

Peer comparison

Standard across all insurance brokers; peers report this as 'Segment Revenue' or 'Net Commissions and Fees'.

Metric ID: bro_segment_national_programs_revenues

Historical Data

12 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23
Value$154.90M$176.30M$191.10M$179.60M$162.20M$225.70M$231.40M$240.20M$229.80M$283.30M$278.20M$286.10M
QoQ Change+13.8%+8.4%-6.0%-9.7%+39.1%+2.5%+3.8%-4.3%+23.3%-1.8%+2.8%
YoY Change+4.7%+28.0%+21.1%+33.7%+41.7%+25.5%+20.2%+19.1%
Range$154.90M$286.10M
CAGR+25.0%
Avg YoY Growth+24.3%
Median YoY Growth+23.3%

Frequently Asked Questions

What is Brown & Brown's national programs — revenue?
Brown & Brown (BRO) reported national programs — revenue of $286.10M in Q4 2023.
How has Brown & Brown's national programs — revenue changed year-over-year?
Brown & Brown's national programs — revenue increased by 19.1% year-over-year, from $240.20M to $286.10M.
What is the long-term trend for Brown & Brown's national programs — revenue?
Over 2 years (2021 to 2023), Brown & Brown's national programs — revenue has grown at a 23.9% compound annual growth rate (CAGR), from $701.90M to $1.08B.
What does national programs — revenue mean?
The total amount of money brought in by the segment from its core insurance services.