News

(October 25, 2021) Brown & Brown, Inc. announces quarterly revenues of $770.3 million, an increase of 14.3%, and diluted net income per share of $0.52

Revenues for the third quarter of 2021 under U.S. generally accepted accounting principles (“GAAP”) were $770.3 million, increasing $96.3 million, or 14.3%, compared to the third quarter of the prior year, with commissions and fees increasing by 14.6% and Organic Revenue(1) increasing by 8.5%. Net income was $146.4 million, increasing $12.4 million, or 9.3%, and diluted net income per share increased to $0.52, or 10.6% as compared to the third quarter of the prior year. Diluted Net Income Per Share – Adjusted(2) increased to $0.58, or 11.5%, compared to the third quarter of the prior year. Read the full press release here.