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Brown & Brown BRO Services — Business Acquisition Cost Of Acquired Entity Other Payable

Discontinued — last reported Q2 '19

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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$20.03B-39.6%
Enterprise value$27.15B-25.9%
P/E17.5×-14.7×
P/S3.1×-3.6×

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 bro:BusinessAcquisitionCostOfAcquiredEntityOtherPayable.

The official record: Brown & Brown’s 10-Q, filed July 30, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does services — business acquisition cost of acquired entity other payable mean?
The amount of money owed to sellers of acquired businesses that is classified as a payable.
How do you interpret services — business acquisition cost of acquired entity other payable?
Changes reflect shifts in how the company structures its acquisition payments and manages short-term liquidity.
How does services — business acquisition cost of acquired entity other payable compare across companies?
Common in service-based industries where acquisition payments are often staggered over time.