Discontinued — last reported Q4 '24
Business Segments · Interest Expense Operating
Programs — Interest Expense Operating
Brown & Brown Programs — Interest Expense Operating decreased by 12.5% to $7.00M in Q3 2024 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2023
Last reportedQ4 2024
Rolls up toInterest Expense
How to read this metric
Lower interest expense relative to revenue indicates efficient working capital management and lower operational debt reliance.
Detailed definition
This metric captures interest costs that are directly tied to the daily operations of the Programs segment, such as inte...
Peer comparison
Often categorized as 'Operating Interest' in detailed segment financial disclosures.
Metric ID:
bro_segment_programs_interest_expense_operatingHistorical Data
2 periods
| Q3 '23 | Q3 '24 | |
|---|---|---|
| Value | $8.00M | $7.00M |
| QoQ Change | — | -12.5% |
| YoY Change | — | -12.5% |
Range$7.00M – $8.00M
Avg YoY Growth-12.5%
Median YoY Growth-12.5%
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Frequently Asked Questions
- What is Brown & Brown's programs — interest expense operating?
- Brown & Brown (BRO) reported programs — interest expense operating of $7.00M in Q3 2024.
- What does programs — interest expense operating mean?
- Interest costs directly related to the segment's daily operational financing needs.