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Brown & Brown BRO Retail — Goodwill Purchase Accounting Adjustments

Other segment segments

Specialty Distribution
$3M

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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:GoodwillPurchaseAccountingAdjustments.

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 purchase accounting adjustments?
Brown & Brown (BRO) reported retail — goodwill purchase accounting adjustments of $13M in Q1 2026.
How has Brown & Brown's retail — goodwill purchase accounting adjustments changed year-over-year?
Brown & Brown's retail — goodwill purchase accounting adjustments increased by 1400.0% year-over-year, from -$1M to $13M.
What does retail — goodwill purchase accounting adjustments mean?
This represents periodic adjustments made to the carrying value of goodwill following an acquisition, often due to finalization of purchase price allocations or measurement period adjustments. It reflects the refinement of the initial valuation of acquired assets and liabilities.