Brown & Brown, Inc. released its 2024 Annual Report and 2025 Global Impact Report on April 3, 2025. The Annual Report highlighted the company's strong performance, including total shareholder returns of 44% in 2024.
The report detailed total revenues of $4.8 billion in 2024, an increase of 13% over 2023, with organic revenue growth of 10.4%. The adjusted EBITDAC margin expanded by 130 basis points to 35.2%, and the company generated nearly $1.2 billion in cash flow from operations.
Brown & Brown also acquired 32 firms with approximately $174 million in annual revenue during 2024 and increased its dividend for the 31st consecutive year. The Global Impact Report covers fiscal year 2024, aligning with SASB Professional & Commercial Services standards, demonstrating the company's commitment to sustainability.
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