What is Brown & Brown's capex?

Brown & Brown (BRO) reported capex of $21M in Q1 2026.

How has Brown & Brown's capex changed year-over-year?

Brown & Brown's capex increased by 23.5% year-over-year, from $17M to $21M.

What is the long-term trend for Brown & Brown's capex?

Over 4 years (2021 to 2025), Brown & Brown's capex has grown at a 10.9% compound annual growth rate (CAGR), from $45M to $68M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Brown & Brown BRO CapEx

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Other financials

Income statement

See full

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

See full

Operating cash flow$262.0M+23.0%

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

See full

Net margin17.9%-2.9pp

FCF margin22.3%-3.7pp

Returns & leverage

See full

Return on equity17.1%+1.8pp

Debt / equity0.7×-0.2×

Current ratio1×-0.2×

Where this comes from

Reported directly by Brown & Brown in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

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 capex?: Brown & Brown (BRO) reported capex of $21M in Q1 2026.
How has Brown & Brown's capex changed year-over-year?: Brown & Brown's capex increased by 23.5% year-over-year, from $17M to $21M.
What is the long-term trend for Brown & Brown's capex?: Over 4 years (2021 to 2025), Brown & Brown's capex has grown at a 10.9% compound annual growth rate (CAGR), from $45M to $68M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.