Discontinued — last reported Q3 '24
Business Segments · Adjustment For Amortization
Wholesale Brokerage — Adjustment For Amortization
Brown & Brown Wholesale Brokerage — Adjustment For Amortization remained flat by 0.0% to $3.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $3.00M to $3.00M. Over 2 years (FY 2021 to FY 2023), Wholesale Brokerage — Adjustment For Amortization shows an upward trend with a 10.9% CAGR.
Analysis
StatementSegment
CategoryProfitability
SignalContext dependent
VolatilityStable
First reportedQ1 2017
Last reportedQ3 2024Oct 28, 2024
Rolls up toAdjustment for Amortization
How to read this metric
Used to normalize earnings; higher values suggest a larger base of acquired intangible assets.
Detailed definition
A specific adjustment added back to earnings to account for the non-cash amortization of intangible assets, such as acqu...
Peer comparison
Commonly found in non-GAAP financial reconciliations for insurance brokers.
Metric ID:
bro_segment_wholesale_brokerage_adjustment_for_amortizationHistorical Data
15 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 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.40M | $2.40M | $2.30M | $2.00M | $2.00M | $2.00M | $2.60M | $2.70M | $3.00M | $3.00M | $3.00M | $2.20M | $3.00M | $3.00M | $3.00M |
| QoQ Change | — | +0.0% | -4.2% | -13.0% | +0.0% | +0.0% | +30.0% | +3.8% | +11.1% | +0.0% | +0.0% | -26.7% | +36.4% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | -16.7% | -16.7% | +13.0% | +35.0% | +50.0% | +50.0% | +15.4% | -18.5% | +0.0% | +0.0% | +0.0% |
Range$2.00M – $3.00M
CAGR+6.6%
Avg YoY Growth+10.1%
Median YoY Growth+0.0%
Current Streak3 quarters growth
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Frequently Asked Questions
- What is Brown & Brown's wholesale brokerage — adjustment for amortization?
- Brown & Brown (BRO) reported wholesale brokerage — adjustment for amortization of $3.00M in Q3 2024.
- How has Brown & Brown's wholesale brokerage — adjustment for amortization changed year-over-year?
- Brown & Brown's wholesale brokerage — adjustment for amortization decreased by 0.0% year-over-year, from $3.00M to $3.00M.
- What is the long-term trend for Brown & Brown's wholesale brokerage — adjustment for amortization?
- Over 2 years (2021 to 2023), Brown & Brown's wholesale brokerage — adjustment for amortization has grown at a 10.9% compound annual growth rate (CAGR), from $9.10M to $11.20M.
- What does wholesale brokerage — adjustment for amortization mean?
- The non-cash cost of amortizing intangible assets added back to earnings.