Discontinued — last reported Q4 '23

Business Segments · CapEx

Wholesale Brokerage — CapEx

Brown & Brown Wholesale Brokerage — CapEx decreased by 30.0% to $700.00K in Q3 2023 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $700.00K to $700.00K.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ2 2017
Last reportedQ4 2023

How to read this metric

Higher spending suggests investment in growth or modernization, while lower spending may indicate a focus on cash preservation or asset-light operations.

Detailed definition

This metric tracks the cash outflows for capital expenditures related to physical assets within the Wholesale Brokerage...

Peer comparison

Commonly reported as capital expenditures (CapEx) in segment disclosures for service-based firms.

Metric ID: bro_segment_wholesale_brokerage_payments_to_acquire_property_plant_and_equipment

Historical Data

11 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23
Value$500.00K$600.00K$200.00K$300.00K$400.00K$400.00K$700.00K$1.30M$400.00K$1.00M$700.00K
QoQ Change+20.0%-66.7%+50.0%+33.3%+0.0%+75.0%+85.7%-69.2%+150.0%-30.0%
YoY Change-20.0%-33.3%+250.0%+333.3%+0.0%+150.0%+0.0%
Range$200.00K$1.30M
CAGR+14.4%
Avg YoY Growth+97.1%
Median YoY Growth+0.0%

Frequently Asked Questions

What is Brown & Brown's wholesale brokerage — capex?
Brown & Brown (BRO) reported wholesale brokerage — capex of $700.00K in Q3 2023.
How has Brown & Brown's wholesale brokerage — capex changed year-over-year?
Brown & Brown's wholesale brokerage — capex decreased by 0.0% year-over-year, from $700.00K to $700.00K.
What does wholesale brokerage — capex mean?
Cash spent on physical assets and infrastructure for the Wholesale Brokerage segment.