Summary
Brown & Brown, Inc. (BRO) filed its 2012 Form 10-K on March 1, 2013, detailing its operations as a diversified insurance agency and brokerage company. The company operates through various segments, including Retail, Wholesale Brokerage, and Services, serving a broad range of clients. The filing highlights the company's commitment to growth, both organic and through strategic acquisitions, a key tenet of its business model. Investors should note the company's strong market position and its ability to navigate the competitive insurance landscape. For the fiscal year ended December 31, 2012, Brown & Brown continued to demonstrate resilience and a focus on operational efficiency. The report provides insights into the company's financial performance, risk factors, and business strategy. Key areas of focus for investors include revenue generation, profitability, and the company's approach to market challenges and opportunities within the insurance industry. The information contained within this 10-K offers a comprehensive view of the company's standing and outlook.
Financial Highlights
28 data points| Revenue | $1.20B |
| Operating Expenses | $895.22M |
| Interest Expense | $16.10M |
| Net Income | $184.04M |
| EPS (Basic) | $0.64 |
| EPS (Diluted) | $0.63 |
| Shares Outstanding (Basic) | 278.73M |
| Shares Outstanding (Diluted) | 284.02M |
Key Highlights
- 1Brown & Brown, Inc. is a diversified insurance agency and brokerage company with a business model focused on both organic growth and strategic acquisitions.
- 2The company operates through distinct segments: Retail, Wholesale Brokerage, and Services, catering to a wide array of customer needs.
- 3The filing covers the fiscal year ended December 31, 2012, providing a historical performance snapshot.
- 4Brown & Brown maintained a strong market presence and demonstrated its ability to operate effectively within the competitive insurance sector.
- 5The company's financial health and operational strategies are detailed, offering investors a look into its performance drivers.
- 6The report indicates Brown & Brown is a large accelerated filer, suggesting significant market capitalization and reporting compliance.
- 7The aggregate market value of non-affiliate shares was over $3.2 billion as of June 30, 2012, signifying substantial investor interest and market capitalization.