NYSE$BRO
Brown & Brown Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Brown & Brown reported Q4 2023 results, with revenue increasing by 13.8% and a new business alignment into three segments.
Brown & Brown's Q4 2023 revenues increased by 13.8% to $1,026.2 million, with organic revenue growth of 7.7%. Diluted net income per share was $0.94, and adjusted diluted net income per share was $0.58. The company also announced a new alignment of its businesses into three segments.
- Total revenues for Q4 2023 reached $1,026.2 million, a 13.8% increase year-over-year.
- Organic Revenue grew by 7.7% in Q4 2023.
- Diluted net income per share increased to $0.94, an 84.3% increase compared to the prior year.
- The company has realigned its business into three segments: Retail, Programs, and Wholesale Brokerage.
Headline financials
Revenue & EPS history
Brown & Brown · Revenue · Quarterly
$1.03B
Revenue by segment
Brown & Brown · $1.07B total across 2 segments · Q3 2023
- Commissions & Fees$1.05B+13.4%98.4%
- Investment & Other$16.6M+1283.3%1.6%
Forward guidance
The company did not provide specific forward guidance in the earnings report.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2023
-0.4%
Avg return
Earnings day
-0.6%
Avg return
5 days after
+1.8%
Avg return
30 days after
47%
32 / 68 earnings
Positive
+6.7%
Q4 2019
Best reaction
-10.5%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.5% | -12.8% | -15.0% | |
| Q4 2025 | -5.8% | -9.4% | -10.6% | |
| Q3 2025 | -6.1% | -9.1% | -8.3% | |
| Q2 2025 | +0.2% | +1.7% | -1.7% | |
| Q1 2025 | -6.0% | -3.8% | -2.8% | |
| Q4 2024 | -2.6% | -2.9% | +8.0% | |
| Q3 2024 | +1.0% | +0.2% | +8.9% | |
| Q2 2024 | +6.0% | +7.3% | +11.9% | |
| Q1 2024 | +0.9% | -0.9% | +10.9% | |
| Q4 2023 | +5.5% | +1.1% | +4.0% | |
| Q3 2023 | +3.8% | +0.7% | +11.0% | |
| Q2 2023 | +1.8% | -0.9% | +2.4% | |
| Q1 2023 | +2.6% | +4.9% | +2.8% | |
| Q4 2022 | -4.9% | -6.7% | -8.5% | |
| Q3 2022 | -10.5% | -4.7% | -4.7% | |
| Q2 2022 | -0.5% | +5.1% | +5.5% | |
| Q1 2022 | -3.0% | -8.5% | -17.1% | |
| Q4 2021 | +2.0% | +2.0% | +1.7% | |
| Q3 2021 | -3.9% | -5.1% | -0.2% | |
| Q2 2021 | +0.8% | +0.1% | +6.5% | |
| Q1 2021 | +2.8% | +5.3% | +2.3% | |
| Q4 2020 | -3.8% | -9.3% | +0.6% | |
| Q3 2020 | -3.2% | -6.9% | -1.8% | |
| Q2 2020 | -2.0% | +0.2% | +0.6% | |
| Q1 2020 | +2.4% | +0.9% | +15.0% | |
| Q4 2019 | +6.7% | +7.3% | +10.5% | |
| Q3 2019 | +3.8% | +4.6% | +5.6% | |
| Q2 2019 | +2.5% | +4.9% | +3.9% | |
| Q1 2019 | +3.3% | +3.6% | +4.8% | |
| Q4 2018 | -5.1% | -1.2% | +4.0% | |
| Q3 2018 | -2.9% | -3.2% | -2.0% | |
| Q2 2018 | -2.4% | -1.3% | +1.9% | |
| Q1 2018 | +1.7% | +6.9% | +7.5% | |
| Q4 2017 | -0.8% | +2.4% | +0.0% | |
| Q3 2017 | -0.8% | -0.1% | +1.1% | |
| Q2 2017 | -0.6% | +1.8% | +1.7% | |
| Q1 2017 | +2.5% | +2.9% | +1.3% | |
| Q4 2016 | -1.3% | -1.3% | -1.5% | |
| Q3 2016 | +0.4% | -2.4% | +13.0% | |
| Q2 2016 | +3.8% | +2.9% | +0.9% | |
| Q1 2016 | -2.9% | — | — | |
| Q4 2015 | +1.1% | — | — | |
| Q3 2015 | -0.6% | — | — | |
| Q2 2015 | -3.8% | — | — | |
| Q1 2015 | -0.4% | — | — | |
| Q4 2014 | -0.8% | — | — | |
| Q3 2014 | -0.9% | — | — | |
| Q2 2014 | +3.9% | — | — | |
| Q1 2014 | -4.0% | — | — | |
| Q4 2013 | -10.2% | — | — | |
| Q3 2013 | -2.0% | — | — | |
| Q2 2013 | -0.5% | — | — | |
| Q1 2013 | -1.2% | — | — | |
| Q4 2012 | +6.0% | — | — | |
| Q3 2012 | -2.2% | — | — | |
| Q2 2012 | -1.9% | — | — | |
| Q1 2012 | +0.6% | — | — | |
| Q4 2011 | +1.3% | — | — | |
| Q3 2011 | -2.1% | — | — | |
| Q2 2011 | +0.9% | — | — | |
| Q1 2010 | +0.0% | — | — | |
| Q1 2011 | +2.6% | — | — | |
| Q4 2008 | -3.1% | — | — | |
| Q3 2010 | +0.3% | — | — | |
| Q3 2009 | +0.3% | — | — | |
| Q2 2010 | +0.9% | — | — | |
| Q2 2009 | +0.9% | — | — | |
| Q4 2009 | +0.9% | — | — |
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