• Brown & Brown average current ratio for 2023 was 2.27, a 20.63% decline from 2022.
• Brown & Brown average current ratio for 2022 was 2.86, a 116.67% decline from 2021.
• Brown & Brown average current ratio for 2021 was 1.32, a 28.16% increase from 2020.

Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.