Brown & Brown, Inc. has reported its historical business segment financial information, reclassified for segment changes for the twelve months ended December 31, 2024, 2023, 2022, 2021, and 2020.
For the Retail segment, commissions and fees have increased from $1,549 million in 2020 to $2,720 million in 2024. Similarly, for the Specialty Distribution segment, commissions and fees have increased from $1,059 million in 2020 to $1,985 million in 2024.
Total revenues for the Retail segment have increased from $1,550 million in 2020 to $2,729 million in 2024. For the Specialty Distribution segment, total revenues have increased from $1,061 million in 2020 to $2,016 million in 2024.
Employee compensation and benefits for the Retail segment have increased from $856 million in 2020 to $1,462 million in 2024. In the Specialty Distribution segment, employee compensation and benefits have increased from $497 million in 2020 to $772 million in 2024.
The income before income taxes for the Retail segment has increased from $273 million in 2020 to $602 million in 2024. Similarly, for the Specialty Distribution segment, income before income taxes has increased from $295 million in 2020 to $778 million in 2024.
For the three months ended June 30, 2025, and March 31, 2025, the Retail segment generated revenues of $905 million and $694 million, respectively. The Specialty Distribution segment generated revenues of $487 million and $563 million for the same periods.
In the three months ended December 31, 2024, the Retail segment reported revenues of $637 million, while the Specialty Distribution segment reported revenues of $534 million.
As a result of these announcements, the company's shares have moved 0.27% on the market, and are now trading at a price of $96.66. For more information, read the company's full 8-K submission here.
