Brown & Brown annual net debt
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2025
Brown & Brown Net Debt Growth & History (BRO)
Brown & Brown's net debt was $6.84B for fiscal 2025.
View full Brown & Brown company overviewBrown & Brown annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $6.84B | $3.45B | +102.04% |
| 2024 | 2024-12-31 | $3.38B | $65.0M | +1.96% |
| 2023 | 2023-12-31 | $3.32B | −$213.0M | −6.03% |
| 2022 | 2022-12-31 | $3.53B | $1.98B | +127.48% |
| 2021 | 2021-12-31 | $1.55B | −$103.1M | −6.22% |
| 2020 | 2020-12-31 | $1.66B | $431.7M | +35.26% |
| 2019 | 2019-12-31 | $1.22B | −$53.6M | −4.19% |
| 2018 | 2018-12-31 | $1.28B | $875.3M | +217.32% |
| 2017 | 2017-12-31 | $402.8M | −$155.5M | −27.85% |
| 2016 | 2016-12-31 | $558.2M | −$168.1M | −23.14% |
| 2015 | 2015-12-31 | $726.3M | −$27.1M | −3.60% |
| 2014 | 2014-12-31 | $753.4M | $476.4M | +171.95% |
| 2013 | 2013-12-31 | $277.0M | $29.9M | +12.10% |
| 2012 | 2012-12-31 | $247.1M | $282.2M | — |
| 2011 | 2011-12-31 | −$35.0M | −$13.8M | — |
| 2010 | 2010-12-31 | −$21.3M | −$91.5M | — |
| 2009 | 2009-12-31 | $70.2M | — | — |
Brown & Brown quarterly net debt
Q4.09
Q2.10
Q3.10
Q4.10
Q1.11
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Q3.23
Q4.23
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Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $7.15B | $8.26B | — |
| Q1 2026 | 2026-03-31 | $7.12B | $3.75B | +111.22% |
| Q4 2025 | 2025-12-31 | $6.84B | $3.45B | +102.04% |
| Q3 2025 | 2025-09-30 | $6.84B | $3.98B | +139.18% |
| Q2 2025 | 2025-06-30 | −$1.12B | −$4.35B | — |
| Q1 2025 | 2025-03-31 | $3.37B | −$157.0M | −4.45% |
| Q4 2024 | 2024-12-31 | $3.38B | $65.0M | +1.96% |
| Q3 2024 | 2024-09-30 | $2.86B | −$314.4M | −9.90% |
| Q2 2024 | 2024-06-30 | $3.23B | −$185.6M | −5.43% |
| Q1 2024 | 2024-03-31 | $3.53B | −$74.5M | −2.07% |
| Q4 2023 | 2023-12-31 | $3.32B | −$213.0M | −6.03% |
| Q3 2023 | 2023-09-30 | $3.18B | −$591.1M | −15.69% |
| Q2 2023 | 2023-06-30 | $3.42B | $1.35B | +65.25% |
| Q1 2023 | 2023-03-31 | $3.60B | $1.53B | +73.50% |
| Q4 2022 | 2022-12-31 | $3.53B | $1.98B | +127.48% |
| Q3 2022 | 2022-09-30 | $3.77B | $2.29B | +155.26% |
| Q2 2022 | 2022-06-30 | $2.07B | $424.4M | +25.80% |
| Q1 2022 | 2022-03-31 | $2.08B | $297.1M | +16.71% |
| Q4 2021 | 2021-12-31 | $1.55B | −$103.1M | −6.22% |
| Q3 2021 | 2021-09-30 | $1.48B | $221.4M | +17.65% |
| Q2 2021 | 2021-06-30 | $1.64B | $421.9M | +34.50% |
| Q1 2021 | 2021-03-31 | $1.78B | $401.7M | +29.18% |
| Q4 2020 | 2020-12-31 | $1.66B | $431.7M | +35.26% |
| Q3 2020 | 2020-09-30 | $1.25B | −$35.8M | −2.78% |
| Q2 2020 | 2020-06-30 | $1.22B | −$35.7M | −2.84% |
| Q1 2020 | 2020-03-31 | $1.38B | $5.1M | +0.37% |
| Q4 2019 | 2019-12-31 | $1.22B | −$53.6M | −4.19% |
| Q3 2019 | 2019-09-30 | $1.29B | $850.6M | +193.58% |
| Q2 2019 | 2019-06-30 | $1.26B | $869.6M | +223.54% |
| Q1 2019 | 2019-03-31 | $1.37B | $958.1M | +231.81% |
| Q4 2018 | 2018-12-31 | $1.28B | $875.3M | +217.32% |
| Q3 2018 | 2018-09-30 | $439.4M | $5.2M | +1.19% |
| Q2 2018 | 2018-06-30 | $389.0M | $3.9M | +1.02% |
| Q1 2018 | 2018-03-31 | $413.3M | −$100.0M | −19.49% |
| Q4 2017 | 2017-12-31 | $402.8M | −$155.5M | −27.85% |
| Q3 2017 | 2017-09-30 | $434.2M | −$189.3M | −30.36% |
| Q2 2017 | 2017-06-30 | $385.1M | −$286.5M | −42.66% |
| Q1 2017 | 2017-03-31 | $513.3M | −$223.7M | −30.35% |
| Q4 2016 | 2016-12-31 | $558.2M | −$168.1M | −23.14% |
| Q3 2016 | 2016-09-30 | $623.5M | −$87.5M | −12.31% |
| Q2 2016 | 2016-06-30 | $671.6M | −$82.5M | −10.94% |
| Q1 2016 | 2016-03-31 | $737.0M | −$95.8M | −11.50% |
| Q4 2015 | 2015-12-31 | $726.3M | −$27.1M | −3.60% |
| Q3 2015 | 2015-09-30 | $711.0M | −$105.3M | −12.90% |
| Q2 2015 | 2015-06-30 | $754.1M | −$111.6M | −12.89% |
| Q1 2015 | 2015-03-31 | $832.8M | $602.8M | +262.10% |
| Q4 2014 | 2014-12-31 | $753.4M | $476.4M | +171.95% |
| Q3 2014 | 2014-09-30 | $816.3M | $507.3M | +164.16% |
| Q2 2014 | 2014-06-30 | $865.6M | $801.1M | +1241.89% |
| Q1 2014 | 2014-03-31 | $230.0M | $120.1M | +109.29% |
| Q4 2013 | 2013-12-31 | $277.0M | $29.9M | +12.10% |
| Q3 2013 | 2013-09-30 | $309.0M | $103.6M | +50.41% |
| Q2 2013 | 2013-06-30 | $64.5M | −$192.5M | −74.90% |
| Q1 2013 | 2013-03-31 | $109.9M | −$185.0M | −62.74% |
| Q4 2012 | 2012-12-31 | $247.1M | $282.2M | — |
| Q3 2012 | 2012-09-30 | $205.5M | $288.7M | — |
| Q2 2012 | 2012-06-30 | $257.0M | $284.2M | — |
| Q1 2012 | 2012-03-31 | $294.9M | $309.3M | — |
| Q4 2011 | 2011-12-31 | −$35.0M | −$13.8M | — |
| Q3 2011 | 2011-09-30 | −$83.2M | −$77.8M | — |
| Q2 2011 | 2011-06-30 | −$27.2M | $10.1M | — |
| Q1 2011 | 2011-03-31 | −$14.4M | — | — |
| Q4 2010 | 2010-12-31 | −$21.3M | −$91.5M | — |
| Q3 2010 | 2010-09-30 | −$5.4M | — | — |
| Q2 2010 | 2010-06-30 | −$37.2M | — | — |
| Q4 2009 | 2009-12-31 | $70.2M | — | — |
Brown & Brown net debt trends
Over the last five fiscal years, Brown & Brown's net debt increased from $1.66B to $6.84B, a change of $5.18B. The latest reported quarter, Q2 2026, shows $7.15B.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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