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Brown & Brown BRO Specialty Distribution — D&A

Other segment segments

Retail
$83M+93.0%

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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:DepreciationAndAmortization.

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 specialty distribution — D&A?
Brown & Brown (BRO) reported specialty distribution — D&A of $49M in Q1 2026.
How has Brown & Brown's specialty distribution — D&A changed year-over-year?
Brown & Brown's specialty distribution — D&A increased by 145.0% year-over-year, from $20M to $49M.
What does specialty distribution — D&A mean?
This represents the non-cash expense allocated to the Specialty Distribution segment for the systematic reduction in the value of tangible assets and the amortization of intangible assets. It reflects the consumption of capital investments over their useful lives within the segment's operations. High levels often indicate significant past investment in infrastructure or acquired intangible assets.