Brown & Brown balance sheet

At the end of fiscal 2026, Brown & Brown had total assets of $29.99bn and shareholders' equity of $12.57bn. It held $1.08bn in cash against $8.33bn of debt: net debt of $7.25bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Brown & Brown: balance sheet, annual
Fiscal year	2010Dec 2009	2011Dec 2010	2012Dec 2011	2013Dec 2012	2014Dec 2013	2015Dec 2014	2016Dec 2015	2017Dec 2016	2018Dec 2017	2019Dec 2018	2020Dec 2019	2021Dec 2020	2022Dec 2021	2023Dec 2022	2024Dec 2023	2025Dec 2024	2026Dec 2025	LTMSept 2026
Cash and equivalents	0.2	0.3	0.3	0.2	0.2	0.5	0.4	0.5	0.6	0.4	0.5	0.7	0.7	0.7	0.7	0.7	1.1	1.1
Total current assets	0.6	0.7	0.7	0.8	0.9	1.6	1.5	1.7	2.2	2.2	2.5	3.0	3.3	5.0	5.1	6.9	8.6	8.3
Goodwill	1.1	1.2	1.3	1.7	2.0	2.5	2.6	2.7	2.7	3.4	3.7	4.4	4.7	6.7	7.3	8.0	15.1	15.2
Total assets	2.2	2.4	2.6	3.1	3.6	5.0	5.0	5.3	5.7	6.9	7.6	9.0	9.8	14.0	14.9	17.6	30.0	29.4
Accounts payable	0.0	0.0	0.0	0.0	0.0	0.1	0.1	0.1	0.1	0.1	0.1	0.2	0.2	0.3	0.5	0.4	1.0	0.7
Deferred revenue (current)	—	—	—	—	—	—	—	—	0.0	0.0	0.0	0.1	0.1	0.1	0.1	0.1	0.1	0.1
Total current liabilities	0.5	0.5	0.5	0.6	0.9	1.3	1.3	1.4	2.0	1.8	2.0	2.4	2.7	4.6	5.0	6.3	8.3	7.2
Short-term debt	0.0	0.0	0.0	0.0	0.1	0.0	0.1	0.1	0.1	0.1	0.1	0.1	0.0	0.3	0.6	0.2	0.7	0.4
Long-term debt	0.3	0.3	0.3	0.5	0.4	1.2	1.1	1.0	0.9	1.5	1.5	2.0	2.0	3.7	3.2	3.6	6.9	7.3
Total debt	0.3	0.3	0.3	0.5	0.5	1.2	1.2	1.1	1.0	1.5	1.6	2.2	2.1	4.2	4.4	4.0	8.3	8.2
Total liabilities	—	—	—	—	—	—	—	—	—	3.9	—	—	—	—	—	—	—	—
Shareholders' equity	1.4	1.5	1.6	1.8	2.0	2.1	2.1	2.4	2.6	3.0	3.4	3.8	4.2	4.6	5.6	6.4	12.6	12.6
Net debt (negative = net cash)	0.1	−0.0	−0.0	0.2	0.3	0.8	0.7	0.6	0.4	1.1	1.1	1.5	1.4	3.5	3.7	3.4	7.3	7.1
Shares outstanding	284m	286m	287m	288m	291m	287m	278m	280m	276m	280m	282m	283m	283m	283m	285m	286m	336m	327m

US$ billions unless shown otherwise. Fiscal quarters.

Brown & Brown: balance sheet, quarterly
Quarter	2025 Q4Dec 2024	2026 Q1Mar 2025	2026 Q2Jun 2025	2026 Q3Sept 2025	2026 Q4Dec 2025	2027 Q1Mar 2026	2027 Q2Jun 2026	2027 Q3Sept 2026
Total current assets	6.9	5.9	14.4	8.1	8.6	8.5	8.7	8.3
Goodwill	8.0	8.1	8.4	14.9	15.1	15.1	15.1	15.2
Total assets	17.6	16.8	25.6	29.4	30.0	29.7	29.9	29.4
Accounts payable	0.4	0.5	0.4	0.8	1.0	0.9	0.8	0.7
Deferred revenue (current)	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
Total current liabilities	6.3	4.9	5.3	6.9	8.3	8.3	7.7	7.2
Short-term debt	0.2	0.1	0.1	0.1	0.7	1.2	0.4	0.4
Long-term debt	3.6	3.7	7.5	7.7	6.9	6.6	7.3	7.3
Total debt	3.8	3.8	7.5	7.7	7.6	7.8	7.8	7.8
Shareholders' equity	6.4	6.8	11.6	12.4	12.6	12.6	12.6	12.6
Shares outstanding	286m	287m	330m	337m	336m	335m	330m	327m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Brown & Brown's SEC filings (10-K and 10-Q), retrieved October 27, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Brown & Brown.