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Brown & Brown BRO Retail — Goodwill Foreign Currency Translation Gain Loss

Other segment segments

Specialty Distribution
-$11M

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Other financials

Income statement

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Revenue$1.9B+35.4%
Net income$426.0M+28.7%
EPS (diluted)$1.06-7.8%

Balance sheet

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Cash & equivalents$1.0B+49.9%
Total debt$8.1B+101%
Total equity$5.6B+21.1%
Total assets$29.7B+77.2%

Cash flow

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Operating cash flow$262.0M+23.0%
CapEx$21.0M+23.5%
Free cash flow$241.0M+23.0%

Valuation

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Market cap$21.74B-34.2%
Enterprise value$28.86B-21.7%
P/E18.9×-13.1×
P/S3.4×-3.3×

Profitability

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Net margin17.9%-2.9pp
FCF margin22.3%-3.7pp

Returns & leverage

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

Where this comes from

Reported directly by Brown & Brown in its filing.

Tagged under the XBRL concept us-gaap:GoodwillForeignCurrencyTranslationGainLoss.

The official record: Brown & Brown’s 10-Q, filed April 27, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Brown & Brown's retail — goodwill foreign currency translation gain loss?
Brown & Brown (BRO) reported retail — goodwill foreign currency translation gain loss of -$43M in Q1 2026.
How has Brown & Brown's retail — goodwill foreign currency translation gain loss changed year-over-year?
Brown & Brown's retail — goodwill foreign currency translation gain loss decreased by 158.1% year-over-year, from $74M to -$43M.
What does retail — goodwill foreign currency translation gain loss mean?
This captures the impact of fluctuations in foreign exchange rates on the valuation of goodwill held by the retail segment in non-functional currencies. It is a non-cash accounting adjustment that reflects global market volatility rather than operational performance.