BROBrown & Brown

Financials · Insurance Brokers · NYSE

Headquarters: Daytona Beach, FL
CEO: J. Powell Brown
Next results: around Jan 25, 2027

What the 10-K filed 2026-02-12 says about risks that are not on the face of the balance sheet, from the notes to the financial statements, Legal Proceedings and the MD&A (and, for big customers and key suppliers, Business and Risk Factors). Tickdelta picks sentences with specifics (amounts, accruals, covenant ratios) and quotes them as filed. New marks a sentence with nothing like it in the 10-K filed 2025-02-13.

Big customers

Customers the company names as a large share of revenue or receivables (it must name any worth 10% of revenue).

No specific sentence about this in the 10-K.

Key suppliers

Parts or manufacturing that depend on one or a few suppliers.

No specific sentence about this in the 10-K.

Lawsuits and legal claims

Pending cases, settlements and what the company has set aside for them.

“The Company’s accruals for legal matters that were probable and estimable were not material at December 31, 2025 and 2024.”
Read it in the 10-K ↗

Guarantees and indemnities

1 new

Promises to pay someone else's debts or losses if they cannot.

New “The Company believes this escrow, plus other available funds, is sufficient to cover any potential costs associated with those specified matters subject to indemnification under the Merger Agreement.”
Read it in the 10-K ↗

Debt covenants

1 new

Conditions in loan agreements that, if broken, can make debt due early.

New “The Company is required to maintain certain financial ratios and comply with certain other covenants related to outstanding credit agreements.”
Read it in the 10-K ↗

“The Company was in compliance with all such covenants as of December 31, 2025 and December 31, 2024.”
Read it in the 10-K ↗

Commitments off the balance sheet

Contracts the company must pay for later: purchase obligations, take-or-pay deals.

No specific sentence about this in the 10-K.

Sentences are chosen by their words, not read by AI, so some can be off topic. Always check the filing. Open the 10-K ↗

Work on BRO in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/BRO/export.csv") into a cell.