Brown & Brown Q4 revenue $1.2B +15.4%; adjusted EPS $0.86 +24.6%

BROWN & BROWN, INC.

2024-FY EPS reported $3.46 revenue$4,805,000,000

Q4 total revenues $1.184B (+15.4% YoY); organic revenue growth 13.8%.
GAAP diluted EPS $0.73 (down 22.3%); adjusted diluted EPS $0.86 (+24.6%).
Full-year revenues $4.8B (+12.9%); organic growth 10.4%; adjusted EPS $3.84 (+18.2%).
EBITDAC-Adjusted margin improved to 32.9% (Q4) and 35.2% (FY) from 31.0% and 33.9%.
Acquisition spend $890M in 2024; goodwill increased to $7.97B.

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