BRO Stock Overview

Brown & Brown, Inc. markets and sells insurance products and services in the United States, Canada, Ireland, the United Kingdom, and internationally. More details

BRO fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	1/6
Past Performance	3/6
Financial Health	4/6
Dividends	0/6

Rewards

Earnings are forecast to grow 9.33% per year

Earnings have grown 18.4% per year over the past 5 years

Risk Analysis

Has a high level of debt

Community vs My Fair Value

Select a narrative for quick price alerts from the community, or create your own.

Brown & Brown

AnalystConsensusTarget

Consensus Narrative from 12 Analysts

Acquisitions Like Quintes And Diversification Will Strengthen Future Market Position

Key Takeaways Strategic acquisitions and market expansion efforts, such as in the Netherlands, are set to enhance Brown & Brown's revenue and international presence. Investment in employee benefits and E&S markets positions the company to boost net margins and capture increased demand amidst rising costs.

View narrative

US$119.81

2.2% undervalued

9.10%

Revenue growth p.a.

1 day ago

View Brown & Brown Community

Brown & Brown, Inc. Competitors

Ryan Specialty Holdings

NYSE:RYAN

US$18.9b

Arthur J. Gallagher

NYSE:AJG

US$85.1b

Aon

NYSE:AON

US$80.5b

Marsh & McLennan Companies

NYSE:MMC

US$114.0b

Price History & Performance

Summary of share price highs, lows and changes for Brown & Brown
Historical stock prices
Current Share Price	US$117.22
52 Week High	US$125.68
52 Week Low	US$80.87
Beta	0.75
1 Month Change	-1.65%
3 Month Change	11.06%
1 Year Change	44.48%
3 Year Change	65.85%
5 Year Change	238.88%
Change since IPO	28,606.96%

Brown & Brown: A Shield Against Market Turbulence

Mar 31

Brown & Brown, Inc.'s (NYSE:BRO) Business Is Trailing The Market But Its Shares Aren't

Jan 31

Recent updates

Brown & Brown: A Shield Against Market Turbulence

Mar 31

Brown & Brown, Inc.'s (NYSE:BRO) Business Is Trailing The Market But Its Shares Aren't

Jan 31

Results: Brown & Brown, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Nov 01

Some Shareholders Feeling Restless Over Brown & Brown, Inc.'s (NYSE:BRO) P/E Ratio

Oct 14

With EPS Growth And More, Brown & Brown (NYSE:BRO) Makes An Interesting Case

Sep 23

Brown & Brown Q2: Strong Insurance Premium Growth Continues

Aug 19

Results: Brown & Brown, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Jul 24

Brown & Brown, Inc.'s (NYSE:BRO) Shareholders Might Be Looking For Exit

Jul 14

Brown & Brown: Trading Near Fair Value, Hold But The Upside Is Limited (Technical Analysis)

Jul 02

Here's Why Brown & Brown (NYSE:BRO) Has Caught The Eye Of Investors

Jun 08

Why We Think The CEO Of Brown & Brown, Inc. (NYSE:BRO) May Soon See A Pay Rise

May 02

Brown & Brown, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Apr 27

Brown & Brown Insurance: A Fairly Priced Super-Compounder

Apr 12

Madison Investments - Brown & Brown: A Recession-Resistant Investment

Feb 11

Brown & Brown: Premium Rate Increases Boosting Revenue Growth; Initiate With 'Strong Buy'

Jan 27

Brown & Brown: Its Debt Maturity Profile Tells Us To Hold

Dec 06

Brown & Brown: A Compelling Investment Opportunity

Sep 18

Brown & Brown: Continued Acquisition-Fueled Growth

Jun 29

Brown & Brown Underwhelms Though Insurance Pricing Remains Healthy

Jan 25

Brown & Brown declares $0.115 dividend

Jan 18

Brown & Brown Dealer Services acquires Finance Builders

Nov 08

Shareholder Returns

	BRO	US Insurance	US Market
7D	-0.03%	0.5%	-0.05%
1Y	44.5%	18.0%	5.7%

Return vs Industry: BRO exceeded the US Insurance industry which returned 20.3% over the past year.

Return vs Market: BRO exceeded the US Market which returned 4.6% over the past year.

Price Volatility

Is BRO's price volatile compared to industry and market?
BRO volatility
BRO Average Weekly Movement	3.3%
Insurance Industry Average Movement	5.2%
Market Average Movement	7.7%
10% most volatile stocks in US Market	16.7%
10% least volatile stocks in US Market	4.1%

Stable Share Price: BRO has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: BRO's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1939	17,403	J. Brown	www.bbrown.com

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, 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.

Brown & Brown, Inc. Fundamentals Summary

How do Brown & Brown's earnings and revenue compare to its market cap?
BRO fundamental statistics
Market cap	US$34.05b
Earnings (TTM)	US$981.00m
Revenue (TTM)	US$4.71b

34.2x

P/E Ratio

7.1x

P/S Ratio

Is BRO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BRO income statement (TTM)
Revenue	US$4.71b
Cost of Revenue	US$2.41b
Gross Profit	US$2.31b
Other Expenses	US$1.33b
Earnings	US$981.00m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

Apr 28, 2025

Earnings per share (EPS)	3.42
Gross Margin	48.94%
Net Profit Margin	20.82%
Debt/Equity Ratio	59.4%

How did BRO perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

16%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/04/17 04:20
End of Day Share Price	2025/04/17 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Brown & Brown, Inc. is covered by 33 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jay Gelb	Barclays
Taylor Scott	Barclays
null null	BMO Capital Markets Equity Research

BRO Stock Overview

Rewards

Risk Analysis

Acquisitions Like Quintes And Diversification Will Strengthen Future Market Position

Brown & Brown, Inc. Competitors

NYSE:RYAN

US$18.9b

NYSE:AJG

US$85.1b

NYSE:AON

US$80.5b

NYSE:MMC

US$114.0b

Price History & Performance

Recent News & Updates

Brown & Brown, Inc. to Report Q1, 2025 Results on Apr 28, 2025

Brown & Brown: A Shield Against Market Turbulence

Brown & Brown, Inc., Annual General Meeting, May 07, 2025

Brown & Brown, Inc. Appoints Stephen P. Hearn as Executive Vice President and Chief Operating Officer

Brown & Brown, Inc.'s (NYSE:BRO) Business Is Trailing The Market But Its Shares Aren't

Full year 2024 earnings: EPS and revenues exceed analyst expectations

Recent updates

Brown & Brown, Inc. to Report Q1, 2025 Results on Apr 28, 2025

Brown & Brown: A Shield Against Market Turbulence

Brown & Brown, Inc., Annual General Meeting, May 07, 2025

Brown & Brown, Inc. Appoints Stephen P. Hearn as Executive Vice President and Chief Operating Officer

Brown & Brown, Inc.'s (NYSE:BRO) Business Is Trailing The Market But Its Shares Aren't

Full year 2024 earnings: EPS and revenues exceed analyst expectations

Third quarter dividend of US$0.15 announced

Brown & Brown, Inc. Announces Quarterly Cash Dividend, Payable on February 12, 2025

Brown & Brown - Why The Outperformance, And Where It Could Go 2025-2027

Is Now The Time To Put Brown & Brown (NYSE:BRO) On Your Watchlist?

Brown & Brown, Inc. to Report Q4, 2024 Results on Jan 27, 2025

Chairman of the Board recently sold US$47m worth of stock

Brown & Brown's Price Is Up, But Value Isn't Much Different

Results: Brown & Brown, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Brown & Brown, Inc. (NYSE:BRO) completed the acquisition of Quintes Holding B.V. from Aquiline Capital Partners LLC, Gijsbert van de Nieuwegiessen and the shareholders of Quintes Holding BV.

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Second quarter dividend increased to US$0.15

Brown & Brown, Inc. Declares Quarterly Cash Dividend, Payable on November 13, 2024

Some Shareholders Feeling Restless Over Brown & Brown, Inc.'s (NYSE:BRO) P/E Ratio

Brown & Brown, Inc. (NYSE:BRO) acquired The assets of The Canopy Group.

Brown & Brown, Inc. to Report Q3, 2024 Results on Oct 28, 2024

With EPS Growth And More, Brown & Brown (NYSE:BRO) Makes An Interesting Case

Chairman of the Board recently sold US$14m worth of stock

Chairman of the Board notifies of intention to sell stock

Brown & Brown Q2: Strong Insurance Premium Growth Continues

Brown & Brown, Inc. Appoints Stephen P. Hearn to Board of Directors

Brown & Brown, Inc. (NYSE:BRO)entered into an agreement to acquire Quintes Holding B.V. from Aquiline Capital Partners LLC, Gijsbert van de Nieuwegiessen and the shareholders of Quintes Holding BV.

Brown & Brown, Inc. (NYSE:BRO)entered into an agreement to acquire Quintes Holding B.V. from Aquiline Capital Partners LLC, Gijsbert van de Nieuwegiessen and the shareholders of Quintes Holding BV.

Price target increased by 7.3% to US$102

Results: Brown & Brown, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

First quarter dividend of US$0.13 announced

Brown & Brown, Inc. Declares Regular Quarterly Cash Dividend, Payable on August 14, 2024

Brown & Brown, Inc.'s (NYSE:BRO) Shareholders Might Be Looking For Exit

Brown & Brown, Inc. to Report Q2, 2024 Results on Jul 22, 2024

Brown & Brown: Trading Near Fair Value, Hold But The Upside Is Limited (Technical Analysis)

Here's Why Brown & Brown (NYSE:BRO) Has Caught The Eye Of Investors

Why We Think The CEO Of Brown & Brown, Inc. (NYSE:BRO) May Soon See A Pay Rise

Brown & Brown, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

First quarter dividend of US$0.13 announced

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Brown & Brown Insurance: A Fairly Priced Super-Compounder

Brown & Brown, Inc. to Report Q1, 2024 Results on Apr 22, 2024

Brown & Brown, Inc., Annual General Meeting, May 08, 2024

Chairman of the Board recently sold US$20m worth of stock

Chairman of the Board notifies of intention to sell stock

Price target increased by 7.5% to US$84.43

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Madison Investments - Brown & Brown: A Recession-Resistant Investment

Price target increased by 7.2% to US$84.18

Brown & Brown: Premium Rate Increases Boosting Revenue Growth; Initiate With 'Strong Buy'

Upcoming dividend of US$0.13 per share at 0.7% yield

Full year 2023 earnings: EPS exceeds analyst expectations

Full year 2023 earnings: EPS exceeds analyst expectations

Third quarter dividend of US$0.13 announced

Brown & Brown, Inc. Appoints Kathleen A. Savio as Director of the Company

Brown & Brown: Its Debt Maturity Profile Tells Us To Hold

Davies Group Limited entered into an agreement to acquire American Claims Management, Inc., Preferred Governmental Claim Solutions, Inc., USIS, Inc. and ICA, LP from Brown & Brown, Inc. (NYSE:BRO) for approximately $210 million.