secwatch.observer — SEC 8-K summary
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Issuer:     BROWN & BROWN, INC. (BRO)
CIK:        0000079282
Form:       8-K
Filed at:   2025-01-27T23:59:59+00:00
Accession:  0000950170-25-009270
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/79282/000095017025009270/0000950170-25-009270-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/79282/000095017025009270/bro-20250127.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-009270

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