Brown & Brown, Inc.
Brown & Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Servi…
Insurance - Brokers
US, Daytona Beach [HQ]
Cash Flow Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 221.00 | 296.00 | 237.00 | 220.00 | 389.00 | 385.00 | 411.00 | 375.00 | 441.00 | 567.00 | 678.00 | 721.00 | 948.00 | 881.00 | 1,009.00 | |
| Operating Cash (Net) | 221.00 | 296.00 | 237.00 | 220.00 | 389.00 | 385.00 | 411.00 | 375.00 | 441.00 | 567.00 | 678.00 | 721.00 | 948.00 | 881.00 | 1,009.00 | |
| Accounts Receivable | - - | -2.00 | -20.00 | -11.00 | -40.00 | 1.00 | -26.00 | -109.00 | -443.00 | 318.00 | -79.00 | -120.00 | -92.00 | -828.00 | 599.00 | |
| Accounts Payable | -1.00 | 28.00 | -2.00 | 31.00 | 66.00 | 45.00 | 34.00 | 96.00 | 64.00 | 163.00 | 166.00 | 266.00 | 184.00 | 124.00 | 292.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | -30.00 | 55.00 | -28.00 | -75.00 | 37.00 | - - | 33.00 | -24.00 | 11.00 | 75.00 | 101.00 | 38.00 | 97.00 | -15.00 | -25.00 | |
| Other WC | -28.00 | 40.00 | -20.00 | -34.00 | -85.00 | 21.00 | 19.00 | -36.00 | 12.00 | 16.00 | 28.00 | 11.00 | 14.00 | 688.00 | -917.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -55.00 | -166.00 | -175.00 | -435.00 | -380.00 | -707.00 | -144.00 | -142.00 | -62.00 | -951.00 | -413.00 | -759.00 | -396.00 | -1,912.00 | -587.00 | |
| Capital Expenditure | -11.00 | -10.00 | -13.00 | -24.00 | -16.00 | -24.00 | -18.00 | -17.00 | -24.00 | -41.00 | -73.00 | -70.00 | -45.00 | -52.00 | -68.00 | |
| Purchases of Investments | -11.00 | -9.00 | -12.00 | -11.00 | -18.00 | -17.00 | -22.00 | -25.00 | -10.00 | -9.00 | -17.00 | -14.00 | -12.00 | - - | -7.00 | |
| Sale/Maturity of Investment | 10.00 | 9.00 | 12.00 | 10.00 | 15.00 | 18.00 | 21.00 | 18.00 | 9.00 | 17.00 | 8.00 | 11.00 | 10.00 | 7.00 | 13.00 | |
| Property, Plant, Equipment (P&PE) | -11.00 | -10.00 | -13.00 | -24.00 | -16.00 | -24.00 | -18.00 | -17.00 | -24.00 | -41.00 | -73.00 | -70.00 | -45.00 | -52.00 | -68.00 | |
| Acquisitions (Net) | -44.00 | -157.00 | -166.00 | -425.00 | -367.00 | -696.00 | -136.00 | -122.00 | -41.00 | -923.00 | -353.00 | -694.00 | -366.00 | -1,927.00 | -524.00 | |
| Other Investing Activities | 1.00 | 1.00 | 3.00 | 14.00 | 5.00 | 13.00 | 10.00 | 4.00 | 4.00 | 5.00 | 21.00 | 9.00 | 16.00 | 60.00 | 112.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -47.00 | -53.00 | -48.00 | -148.00 | -25.00 | -589.00 | -293.00 | -160.00 | -336.00 | -337.00 | -79.00 | -346.00 | -349.00 | -1,725.00 | -186.00 | |
| Debt Repayment | -29.00 | -19.00 | -102.00 | -101.00 | -31.00 | -805.00 | -45.00 | -73.00 | -96.00 | -370.00 | -50.00 | -405.00 | -73.00 | -411.00 | -150.00 | |
| Dividends Paid | -42.00 | -44.00 | -46.00 | -49.00 | -53.00 | -59.00 | -64.00 | -70.00 | -77.00 | -84.00 | -91.00 | -100.00 | -107.00 | -119.00 | -135.00 | |
|
Common Stock
|
-4 | - - | -91 | -277 | -48 | 89 | 179 | 34 | 146 | 110 | 94 | 1,076 | 166 | 160 | 39 | |
| Issued | 10.00 | 11.00 | 8.00 | 13.00 | 12.00 | 14.00 | 15.00 | 15.00 | 17.00 | 19.00 | 24.00 | 980.00 | 34.00 | 37.00 | 39.00 | |
| Repurchased | 14.00 | - - | 100.00 | 291.00 | 60.00 | -75.00 | -163.00 | -18.00 | -128.00 | -91.00 | -69.00 | -96.00 | -132.00 | -122.00 | - - | |
| Other Financing Activities | - - | - - | -8.00 | -4.00 | -13.00 | 1,513.00 | -36.00 | -14.00 | -50.00 | 864.00 | 31.00 | -31.00 | -70.00 | 2,341.00 | 59.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 78.00 | 197.00 | 272.00 | 286.00 | 219.00 | 202.00 | 470.00 | 443.00 | 781.00 | 824.00 | 777.00 | 963.00 | 1,271.00 | 1,470.00 | 2,033.00 | |
| End of Period | 197.00 | 272.00 | 286.00 | 219.00 | 202.00 | 470.00 | 443.00 | 515.00 | 824.00 | 777.00 | 963.00 | 1,271.00 | 1,470.00 | 2,033.00 | 2,302.00 | |
| Change | 118.00 | 75.00 | 13.00 | -66.00 | -16.00 | 267.00 | -26.00 | 72.00 | 42.00 | -46.00 | 185.00 | 308.00 | 198.00 | 562.00 | 269.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 63.00 | 64.00 | 67.00 | 78.00 | 85.00 | 103.00 | 108.00 | 107.00 | 108.00 | 109.00 | 128.00 | 134.00 | 152.00 | 185.00 | 206.00 | |
| Stock Based Compensation | 7.00 | 6.00 | 11.00 | 15.00 | 22.00 | 19.00 | 15.00 | 16.00 | 30.00 | 33.00 | 47.00 | 59.00 | 61.00 | 66.00 | 89.00 | |
| Other | - - | -14.00 | -6.00 | -15.00 | -5.00 | 46.00 | -11.00 | - - | -5.00 | -9.00 | -9.00 | -7.00 | 15.00 | -69.00 | -143.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 210.00 | 285.00 | 223.00 | 196.00 | 373.00 | 360.00 | 393.00 | 357.00 | 417.00 | 526.00 | 605.00 | 650.00 | 903.00 | 828.00 | 940.00 | |
| Cash Conversion Cycle (CCC) | 165.00 | 144.00 | 158.00 | 176.00 | -47.00 | 93.00 | 70.00 | 73.00 | 134.00 | 73.00 | 61.00 | 18.00 | 15.00 | 539.00 | -638.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
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| Forex Effect on Cash | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | -3.00 | -131.00 | 33.00 |