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Brown & Brown, Inc.

NYSE•BRO
CEO: Mr. J. Powell Brown C.P.C.U.
Sector: Financial Services
Industry: Insurance - Brokers
Listing Date: 1981-02-11
Brown & Brown, Inc. markets and sells insurance products and services in the United States, Canada, Ireland, the United Kingdom, and internationally. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment provides property and casualty, employee benefits insurance products, personal insurance products, specialties insurance products, risk management strategies, loss control survey and analysis, consultancy, and claims processing services. It serves commercial, public and quasi-public entities, professional, and individual customers. The National Programs segment offers professional liability and related package insurance products for dentistry, legal, eyecare, insurance, financial, physicians, real estate title professionals, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities. This segment also provides public entity-related and specialty programs through a network of independent agents; and program management services for insurance carrier partners. The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance through independent agents and brokers. The Services segment offers third-party claims administration and medical utilization management services in the workers' compensation and all-lines liability arenas, Medicare Set-aside, Social Security disability, Medicare benefits advocacy, and claims adjusting services. Brown & Brown, Inc. was founded in 1939 and is headquartered in Daytona Beach, Florida.
Contact Information
300 North Beach Street, Daytona Beach, FL, 32114, United States
386-252-9601
www.bbinsurance.com
Market Cap
$22.89B
P/E (TTM)
21.2
23.4
Dividend Yield
0.9%
52W High
$125.68
52W Low
$65.68
52W Range
2%
Rank15Top 3.1%
6.6
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Strong • 6.6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$1.67B+53.26%
4-Quarter Trend

EPS

$0.79+4.00%
4-Quarter Trend

FCF

$424.00M+30.20%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Total Revenues Surge 22.8% Total revenues reached $5.90B USD in 2025, marking a 22.8% increase over $4.81B USD reported in 2024.
Net Income Rises 6.1% Net income attributable to the Company totaled $1.05B USD, reflecting a 6.1% growth compared to $993M USD prior year.
Major Acquisition Integration Completed 43 acquisitions in 2025, including Accession, driving significant commission and fee revenue growth across segments.

Risk Factors

Acquisition Synergy Realization Risk Failure to realize anticipated benefits from Accession transaction could adversely affect operations and cash flows, delaying accretive effect.
Increased Debt Load Total debt reached $7.61B USD following financing, increasing interest expense and potentially limiting future business flexibility.
Cybersecurity and IT Vulnerabilities Reliance on technology and third parties creates exposure to cyber attacks, potentially harming reputation and operational continuity.

Outlook

Continued Acquisition Growth Strategy Growth strategy relies partially on acquiring insurance intermediaries; continuous improvement of integration systems required for success.
Strong Liquidity Position Existing cash and borrowing capacity up to $1.60B USD supports normal liquidity needs, capital expenditures, and debt repayment.
Focus on Talent Development Prioritizing attraction and development of diverse talent across 22,888 global employees for sustained high performance and culture.

Peer Comparison

Revenue (TTM)

PRU stock ticker logoPRU
$60.97B
-13.7%
TFC stock ticker logoTFC
$30.44B
+25.5%
SLF stock ticker logoSLF
$29.96B
+21.4%

Gross Margin (Latest Quarter)

SLF stock ticker logoSLF
100.0%
+0.1pp
RJF stock ticker logoRJF
89.4%
+1.9pp
FUTU stock ticker logoFUTU
88.7%
+5.8pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
TFC$55.16B10.58.2%12.7%
HIG$37.00B9.621.4%5.1%
SLF$34.44B12.714.7%5.5%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
6.4%
Steady Growth
4Q Net Income CAGR
-7.3%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:Apr 27, 2026
|
EPS:$1.37
|
Revenue:$1.92B
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement
LTM
No Data