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Brown & Brown BRO Specialty Distribution — Goodwill Purchase Accounting Adjustments

Other segment segments

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$13M+1,400%

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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:GoodwillPurchaseAccountingAdjustments.

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 — goodwill purchase accounting adjustments?
Brown & Brown (BRO) reported specialty distribution — goodwill purchase accounting adjustments of $3M in Q1 2026.
How has Brown & Brown's specialty distribution — goodwill purchase accounting adjustments changed year-over-year?
Brown & Brown's specialty distribution — goodwill purchase accounting adjustments increased by 1100.0% year-over-year, from $250K to $3M.
What does specialty distribution — goodwill purchase accounting adjustments mean?
Reflects adjustments made to the initial valuation of goodwill following the finalization of purchase price allocations or changes in estimated fair values of acquired assets. These adjustments ensure the balance sheet accurately reflects the acquisition cost.