Company / Goodwill
Brown & Brown Goodwill History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Goodwill
$15.1B
FY2025
5-year range
$4.7B / $15.1B
FY2021-FY2025
Trend
+89.3%
vs FY2024
Sector context
#21 of 316
Financials
What the data says
Among 316 Financials companies, Brown & Brown is in the top 7% for goodwill. Goodwill has increased for 8 consecutive years, from $2.7B in FY2017 to $15.1B in FY2025.
Based on SEC 10-K filings.
$15.1B in FY2025 with a 5-year CAGR of +28.0%. Top quartile in the Financials sector.
Improved from $7.3B to $15.1B over the past 2 years.
Financials sector context is included.
Goodwill over time
Growth rates
- 3-Year CAGR
- +31.2%
- 5-Year CAGR
- +28.0%
- 10-Year CAGR
- -
Sector benchmark
Top 7% in FinancialsTop 7% of 316This company $15.1B Sector average $3.2B
▼
+365.5% above sector average
Key checks
Key Insights
- Brown & Brown's goodwill has grown for 8 consecutive years.
- 5-year CAGR of +28.0%, indicating consistent growth.
- In FY2025, goodwill increased 89.3% year-over-year.
- Ranks #21 out of 316 companies in the Financials sector.
Company context
Key Data Points
- Altman Z-Score 0.70 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | GoodwillValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $15.1B | +89.3% |
| FY2024 | $8.0B | +8.6% |
| FY2023 | $7.3B | +10.0% |
| FY2022 | $6.7B | +40.9% |
| FY2021 | $4.7B | +7.8% |
| FY2020 | $4.4B | +17.3% |
| FY2019 | $3.7B | +37.9% |
| FY2018 | $2.7B | +1.5% |
| FY2017 | $2.7B | +0.0% |
| FY2016 | $2.7B | +3.4% |
As of FY2025 · SEC Form 10-K · Last checked Jun 30, 2026