Discontinued — last reported Q1 '24
Services — Adjustment For Amortization
Brown & Brown Services — Adjustment For Amortization decreased by 7.7% to $1.20M in Q4 2023 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $1.20M to $1.20M. Over 2 years (FY 2021 to FY 2023), Services — Adjustment For Amortization shows relatively stable performance with a -1.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
Higher amortization reflects a larger base of acquired intangible assets, impacting reported earnings without affecting cash flow.
Detailed definition
The systematic allocation of the cost of intangible assets over their useful lives. This non-cash expense reduces the ca...
Peer comparison
Standard metric for companies with significant acquisition-related intangible assets.
bro_segment_services_adjustment_for_amortizationHistorical 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.40M | $1.30M | $1.30M | $1.30M | $1.30M | $1.30M | $1.30M | $1.20M | $1.30M | $1.30M | $1.30M | $1.20M |
| QoQ Change | — | -7.1% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | -7.7% | +8.3% | +0.0% | +0.0% | -7.7% |
| YoY Change | — | — | — | — | -7.1% | +0.0% | +0.0% | -7.7% | +0.0% | +0.0% | +0.0% | +0.0% |
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Frequently Asked Questions
- What is Brown & Brown's services — adjustment for amortization?
- Brown & Brown (BRO) reported services — adjustment for amortization of $1.20M in Q4 2023.
- How has Brown & Brown's services — adjustment for amortization changed year-over-year?
- Brown & Brown's services — adjustment for amortization decreased by 0.0% year-over-year, from $1.20M to $1.20M.
- What is the long-term trend for Brown & Brown's services — adjustment for amortization?
- Over 2 years (2021 to 2023), Brown & Brown's services — adjustment for amortization has grown at a -1.9% compound annual growth rate (CAGR), from $5.30M to $5.10M.
- What does services — adjustment for amortization mean?
- The annual non-cash expense for the gradual write-down of intangible assets.