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Brown & Brown BRO Retail And Specialty Distribution — Goodwill Fair Value Disclosure

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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$23.82B-21.3%
Enterprise value$30.97B+6.2%
P/E19.8×-10.3×
P/S3.5×-2.5×

Profitability

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

Returns & leverage

See full
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:GoodwillFairValueDisclosure.

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) / Business Segment / Effective date of acquisitionOther (1) / Retail & Specialty Distribution / VariousTotal
Commission, fees, and other receivables(29))
Fiduciary receivables19
Other current assets4(21))
Goodwill31137
Purchased customer accounts and other intangibles (2)21(68))
Other assets(1)26
Total assets acquired5665
Fiduciary liabilities(1)(21))

ITEM 1 — Financial Statements (Unaudited)

FAQ

What is Brown & Brown's retail and specialty distribution — goodwill fair value disclosure?
Brown & Brown (BRO) reported retail and specialty distribution — goodwill fair value disclosure of $106M in Q2 2026.
What does retail and specialty distribution — goodwill fair value disclosure mean?
This represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations within the retail and specialty distribution segment. It reflects the premium paid for intangible synergies, market presence, and workforce expertise. Monitoring this is critical for assessing the long-term value creation of the company's acquisition-heavy growth strategy.

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