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Brown & Brown BRO Specialty Distribution — Other Cost And Expense Operating

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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:OtherCostAndExpenseOperating.

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 — other cost and expense operating?
Brown & Brown (BRO) reported specialty distribution — other cost and expense operating of $137M in Q1 2026.
How has Brown & Brown's specialty distribution — other cost and expense operating changed year-over-year?
Brown & Brown's specialty distribution — other cost and expense operating increased by 50.5% year-over-year, from $91M to $137M.
What does specialty distribution — other cost and expense operating mean?
Covers all operating expenses for the specialty distribution segment excluding employee compensation, such as rent, technology costs, travel, and administrative overhead. This measures the efficiency of the segment's non-labor cost structure.