Discontinued — last reported Q2 '24
Retail — Interest Expense
Brown & Brown Retail — Interest Expense remained flat by 0.0% to $19.00M in Q2 2024 compared to the prior quarter. Year-over-year, this metric declined by 13.6%, from $22.00M to $19.00M. Over 2 years (FY 2021 to FY 2023), Retail — Interest Expense shows relatively stable performance with a -4.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase may indicate higher debt levels or rising interest rates, while a decrease suggests deleveraging or more favorable financing terms.
Detailed definition
This represents the total cost of debt financing specifically allocated to the retail insurance brokerage segment. It re...
Peer comparison
Standard interest expense line item found in most segment reporting for capital-intensive or acquisitive firms.
bro_segment_retail_interest_expenseHistorical Data
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $22.60M | $22.60M | $22.40M | $23.80M | $23.60M | $23.50M | $22.80M | $24.40M | $22.00M | $22.00M | $21.30M | $18.50M | $19.00M | $19.00M |
| QoQ Change | — | +0.0% | -0.9% | +6.3% | -0.8% | -0.4% | -3.0% | +7.0% | -9.8% | +0.0% | -3.2% | -13.1% | +2.7% | +0.0% |
| YoY Change | — | — | — | — | +4.4% | +4.0% | +1.8% | +2.5% | -6.8% | -6.4% | -6.6% | -24.2% | -13.6% | -13.6% |
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Frequently Asked Questions
- What is Brown & Brown's retail — interest expense?
- Brown & Brown (BRO) reported retail — interest expense of $19.00M in Q2 2024.
- How has Brown & Brown's retail — interest expense changed year-over-year?
- Brown & Brown's retail — interest expense decreased by 13.6% year-over-year, from $22.00M to $19.00M.
- What is the long-term trend for Brown & Brown's retail — interest expense?
- Over 2 years (2021 to 2023), Brown & Brown's retail — interest expense has grown at a -4.2% compound annual growth rate (CAGR), from $91.40M to $83.80M.
- What does retail — interest expense mean?
- The cost of borrowing money to support the retail segment's operations.