# BROWN & BROWN, INC. (BRO) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from BROWN & BROWN, INC.'s 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/BRO/mda/fy2025/): filed 2026-02-12; accession 0001193125-26-046984 (https://www.sec.gov/Archives/edgar/data/79282/000119312526046984/bro-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/BRO/mda/fy2024/): filed 2025-02-13; accession 0000950170-25-019039 (https://www.sec.gov/Archives/edgar/data/79282/000095017025019039/bro-20241231.htm)
- [FY 2023 MD&A](/company/BRO/mda/fy2023/): filed 2024-02-22; accession 0000950170-24-018890 (https://www.sec.gov/Archives/edgar/data/79282/000095017024018890/bro-20231231.htm)
- [FY 2022 MD&A](/company/BRO/mda/fy2022/): filed 2023-02-27; accession 0000950170-23-004717 (https://www.sec.gov/Archives/edgar/data/79282/000095017023004717/bro-20221231.htm)
- [FY 2021 MD&A](/company/BRO/mda/fy2021/): filed 2022-02-23; accession 0000950170-22-001654 (https://www.sec.gov/Archives/edgar/data/79282/000095017022001654/bro-20211231.htm)

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