Brown & Brown, Inc. — Earnings Quality Grade F
BRO · Financial Services
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 132 days, change -56 days YoY
AR growth -13.9% vs revenue growth 22.5%
Revenue 22.5%, CFFO 23.5%. Cash follows revenue
Expense Quality
No material inventory
CapEx growth -17.1% vs revenue 22.5%. Normal
Insufficient data
Gross margin 49.1%, change +0.2pp. Stable
Cash Flow Quality
CFFO/NI = 1.38. Profits backed by cash
FCF $1.4B, FCF/NI = 1.31
Accruals ratio = -1.3%. Low accruals
Cash $1.1B covers only 14% of debt $7.9B
Balance Sheet Health
Goodwill+Intangibles $20.0B = 159% of equity. Over 50%
Debt/EBITDA = 3.9x. Healthy
Other assets grew 94.3% vs revenue 22.5%
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles surged 104% YoY
Manipulation Score
Insufficient data
Altman Z-Score — Not Applicable
Brown & Brown, Inc. is a financial company. Z-Score is designed for non-financial companies.
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25