Discontinued — last reported Q1 '24
Business Segments · Depreciation
Services — Depreciation
Brown & Brown Services — Depreciation decreased by 33.3% to $200.00K in Q4 2023 compared to the prior quarter. Year-over-year, this metric declined by 50.0%, from $400.00K to $200.00K. Over 2 years (FY 2021 to FY 2023), Services — Depreciation shows a downward trend with a -6.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ2 2017
Last reportedQ1 2024
Rolls up toD&A
How to read this metric
Lower depreciation relative to revenue may suggest efficient asset utilization or a less capital-intensive business model.
Detailed definition
The non-cash expense representing the wear and tear or obsolescence of physical assets like office equipment and technol...
Peer comparison
Standard operational expense metric for service-based businesses.
Metric ID:
bro_segment_services_depreciationHistorical Data
12 periods
| 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 | $400.00K | $400.00K | $300.00K | $400.00K | $400.00K | $400.00K | $400.00K | $400.00K | $400.00K | $400.00K | $300.00K | $200.00K |
| QoQ Change | — | +0.0% | -25.0% | +33.3% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | -25.0% | -33.3% |
| YoY Change | — | — | — | — | +0.0% | +0.0% | +33.3% | +0.0% | +0.0% | +0.0% | -25.0% | -50.0% |
Range$200.00K – $400.00K
CAGR-22.3%
Avg YoY Growth-5.2%
Median YoY Growth+0.0%
Current Streak2 quarters decline
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Frequently Asked Questions
- What is Brown & Brown's services — depreciation?
- Brown & Brown (BRO) reported services — depreciation of $200.00K in Q4 2023.
- How has Brown & Brown's services — depreciation changed year-over-year?
- Brown & Brown's services — depreciation decreased by 50.0% year-over-year, from $400.00K to $200.00K.
- What is the long-term trend for Brown & Brown's services — depreciation?
- Over 2 years (2021 to 2023), Brown & Brown's services — depreciation has grown at a -6.9% compound annual growth rate (CAGR), from $1.50M to $1.30M.
- What does services — depreciation mean?
- The annual non-cash cost of using physical assets like equipment and furniture.