secwatch.observer — SEC 8-K summary
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Issuer:     BROWN & BROWN, INC. (BRO)
CIK:        0000079282
Form:       8-K
Filed at:   2023-01-24T23:59:59+00:00
Accession:  0000950170-23-001037
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Brown & Brown Q4 revenue $901.4M (+22.1%), adjusted EPS $0.50 (+28.2%)
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- Q4 revenue $901.4M (+22.1%); commissions & fees +21.3%; organic revenue +7.8%.
- Q4 diluted EPS $0.51 (adj. $0.50), up 41.7% (adj. +28.2%) YoY; net income $145.2M (+42.8%).
- Full year revenue $3,573.4M (+17.1%); organic revenue +8.1%; net income $671.8M (+14.4%).
- Q4 EBITDAC - Adjusted $283.1M (+34.9%); margin 31.4% vs 28.5% prior year.
- Q4 dividend declared $0.115 per share, up 11.7% from $0.103 a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/79282/000095017023001037/0000950170-23-001037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/79282/000095017023001037/bro-20230123.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-001037

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer