---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-019915"
form_type: "8-K"
ticker: "BRO"
cik: "0000079282"
company_name: "BROWN & BROWN, INC."
filed_at: "2022-10-24T23:59:59+00:00"
generated_at: "2026-06-23T01:46:52.459712+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Brown & Brown Q3 revenue up 20.4% to $927.6M; adj. EPS down 13.8% on Hurricane Ian costs

## Summary
- Diluted EPS of $0.57; adjusted EPS of $0.50 (down 13.8% YoY) due to ~$15M profit-sharing hit and ~$11.5M captive losses from Hurricane Ian.
- Organic revenue growth of 6.7%; commissions and fees up 20.2% driven by acquisitions including GRP & BdB.
- International operations now deliver ~12% of total revenues; company welcomed over 2,500 new teammates from GRP & BdB.
- EBITDAC - Adjusted margin fell to 31.2% from 35.6% a year ago; income before tax margin dropped to 23.5% from 25.5%.
- Nine-month diluted EPS rose 8.2% to $1.85; adjusted EPS up 2.3% to $1.79.

## SEC filing metadata
- accession: 0000950170-22-019915
- form_type: 8-K
- ticker: BRO
- cik: 0000079282
- company_name: BROWN & BROWN, INC.
- filed_at: 2022-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/79282/000095017022019915/0000950170-22-019915-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/79282/000095017022019915/bro-20221024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-019915
- JSON: https://secwatch.observer/filing/0000950170-22-019915.json
- Plain text: https://secwatch.observer/filing/0000950170-22-019915.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.