Brown & Brown Reports Stronger Earnings
Daytona Beach-based Brown & Brown, Inc. announced revenues for the fourth quarter of 2024 under U.S. generally accepted accounting principles were $1.2 billion, an increase of $158 million, or 15.4%, compared to the fourth quarter of the previous year, according to a media release. Revenues for the year were $4.8 billion, up $548 million, or 12.9%, compared to 2023.
- Powell Brown, president and chief executive officer of the Company, noted,
“The fourth quarter was outstanding,” said J. Powell Brown, president and chief executive officer, in the release. “We are extremely pleased with our 10.4% organic revenue growth for 2024. These results were only possible through the incredible efforts of our 17,000+ teammates.”
