Discontinued — last reported Q3 '24
Wholesale Brokerage — Interest Expense
Brown & Brown Wholesale Brokerage — Interest Expense remained flat by 0.0% to $3.00M in Q2 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 — Interest Expense shows a downward trend with a -12.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase may indicate higher debt levels or rising interest rates, while a decrease suggests deleveraging or improved financing terms.
Detailed definition
This represents the total interest costs incurred by the Wholesale Brokerage segment on its allocated debt or financing...
Peer comparison
Standard across insurance brokers; peers typically report segment-level interest based on internal capital allocation policies.
bro_segment_wholesale_brokerage_interest_expenseHistorical Data
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.30M | $4.10M | $3.90M | $3.80M | $3.50M | $3.30M | $3.20M | $2.90M | $3.00M | $3.00M | $3.10M | $3.30M | $3.00M | $3.00M |
| QoQ Change | — | -4.7% | -4.9% | -2.6% | -7.9% | -5.7% | -3.0% | -9.4% | +3.4% | +0.0% | +3.3% | +6.5% | -9.1% | +0.0% |
| YoY Change | — | — | — | — | -18.6% | -19.5% | -17.9% | -23.7% | -14.3% | -9.1% | -3.1% | +13.8% | +0.0% | +0.0% |
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Frequently Asked Questions
- What is Brown & Brown's wholesale brokerage — interest expense?
- Brown & Brown (BRO) reported wholesale brokerage — interest expense of $3.00M in Q2 2024.
- How has Brown & Brown's wholesale brokerage — interest expense changed year-over-year?
- Brown & Brown's wholesale brokerage — interest expense 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 — interest expense?
- Over 2 years (2021 to 2023), Brown & Brown's wholesale brokerage — interest expense has grown at a -12.2% compound annual growth rate (CAGR), from $16.10M to $12.40M.
- What does wholesale brokerage — interest expense mean?
- The total interest expense attributed to the Wholesale Brokerage segment.