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Brown & Brown, Inc. (BRO)

Common Stock · Currency in USD · XNYS

Brown & Brown Inc is a diversified insurance agency, wholesale brokerage, insurance programs, and service. The company's business is divided into two reportable segments: (i) the Retail segment, and (ii) the Specialty Distribution segment. The Retail segment provides a broad range of insurance products and services to commercial, public and quasi-public entities, and to professional and individual customers, as well as non-insurance warranty services and products through automobile and recreational vehicle dealer services businesses. The Specialty Distribution segment consists of wholesale brokerage and specialty businesses. Its geographic area is U.S, U.K and Others.

Company Info

SIC6411
Composite FIGIBBG000BWSGF4
CIK0000079282
IPOFeb 27, 1981
Sectorinsurance agents, brokers & service

Highlights

Market Cap$22.39B
EPS$2.72
P/E Ratio24.45
Revenue$5.78B
Gross Profit$6.42B
Net Income$916.00M
Employees22,888
WSO339,559,191
Phone386-252-9601

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Analysis

Share Price Chart

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Brown & Brown, Inc., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.

Returns By Period

Brown & Brown, Inc. (BRO) has returned -17.32% so far this year and -42.06% over the past 12 months. Looking at the last ten years, BRO has achieved an annualized return of 13.98%, outperforming the Benchmark (SPY), which averaged 12.23% per year.

BRO

1M-8.74%
6M-30.15%
YTD-17.32%
1Y-42.06%
5Y6.61%
10Y13.98%

Benchmark (SPY)

1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%

Monthly Returns

The table below presents the monthly returns of Brown & Brown, Inc. (BRO) with color gradation from worst to best to easily spot seasonal factors.

JanFebMarAprMayJunJulAugSepOctNovDec
2026-9.62%-0.61%-8.92%1.77%
20251.72%14.05%5.04%-10.79%1.68%-0.63%-17.67%5.38%-3.10%-15.28%2.09%-0.87%
20249.21%9.21%4.24%-6.61%9.71%0.20%10.70%5.09%-1.46%0.62%7.71%-9.89%
20232.63%-3.39%3.05%12.47%-2.94%10.07%3.00%5.74%-6.03%-0.37%7.23%-4.58%
2022-5.85%2.01%7.18%-14.57%-5.01%-1.98%11.61%-1.67%-4.00%-2.91%0.93%-4.80%
2021-9.28%5.88%-1.49%16.09%-1.41%0.72%2.45%6.21%-4.40%13.30%1.79%7.73%
202013.33%-4.87%-16.91%3.07%14.07%1.02%11.69%1.98%-2.44%-4.39%2.20%4.24%
2019-0.11%8.46%-0.84%6.94%-0.91%6.42%6.68%2.47%-1.23%4.00%-0.37%4.11%
20181.61%0.61%-3.55%7.04%2.25%-1.07%6.17%4.17%-2.99%-5.15%2.83%-5.42%
2017-6.46%2.38%-4.16%2.63%0.84%-0.90%2.76%0.42%6.95%3.19%2.38%0.23%
2016-1.07%2.36%4.55%-2.14%2.32%0.61%-1.84%17.64%3.39%

Performance Indicators

The charts below present risk-adjusted performance metrics for Brown & Brown, Inc. (BRO) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.

Sharpe ratio

-2.00-1.000.001.002.003.00BRO: -2.10SPY: 0.92

Sortino ratio

-6.00-4.00-2.000.002.004.00BRO: -2.41SPY: 1.40

Omega ratio

0.501.001.502.00BRO: 0.67SPY: 1.22

Calmar ratio

0.002.004.006.00BRO: -0.94SPY: 1.20

Martin ratio

0.001.003.00BRO: -0.13SPY: 0.42

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.

The chart below shows the rolling Sharpe ratio of BRO compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Volatility Chart

The current Brown & Brown, Inc. volatility is 1.81%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.

Income Statement

The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.

202520242023202220212020201920182017201620152014201320122011
Liabilities And Equity (USD)29.99B17.61B14.88B13.97B9.80B8.97B7.62B6.69B5.75B5.29B5.01B4.96B3.65B3.13B2.61B
Equity Attributable To Parent (USD)12.55B6.42B5.58B4.61B4.20B3.75B3.35B3.00B2.58B2.36B2.15B2.11B2.01B1.81B1.64B
Equity Attributable To Noncontrolling Interest (USD)26.00M17.00M-------------
Equity (USD)12.57B6.44B5.58B4.61B4.20B3.75B3.35B3.00B2.58B2.36B2.15B2.11B2.01B1.81B1.64B
Other Non-current Liabilities (USD)1.51B1.04B552.10M828.20M908.25M762.01M671.84M398.12M201.24M408.10M381.41M375.09M255.49M302.85M230.17M
Long-term Debt (USD)7.61B3.82B3.80B3.94B2.02B2.10B1.56B1.51B976.14M1.07B1.15B1.20B480.00M450.09M251.26M
Noncurrent Liabilities (USD)9.12B4.86B4.35B4.77B2.93B2.86B2.23B1.91B1.18B1.48B1.53B1.57B735.49M752.94M481.43M
Other Current Liabilities (USD)7.30B5.94B4.50B4.31B2.46B2.16B1.95B1.70B1.92B1.38B1.26B1.21B872.72M519.26M459.24M
Accounts Payable (USD)990.00M373.00M458.90M286.50M206.37M190.50M99.96M87.35M64.18M69.60M63.91M57.26M34.16M48.52M22.38M
Current Liabilities (USD)8.29B6.31B4.96B4.60B2.67B2.35B2.05B1.78B1.99B1.45B1.33B1.27B906.88M567.78M481.62M
Liabilities (USD)17.42B11.18B9.30B9.37B5.60B5.21B4.27B3.69B3.16B2.93B2.86B2.84B1.64B1.32B963.05M
Other Non-current Assets (USD)16.10B8.56B7.86B7.14B5.17B4.76B4.06B3.52B2.79B2.74B2.65B2.52B2.03B1.73B1.34B
Intangible Assets (USD)4.91B1.81B1.62B1.60B1.08B1.05B916.77M898.81M641.01M707.45M744.68M784.64M618.89M566.54M496.18M
Fixed Assets (USD)367.00M319.00M270.30M239.90M212.03M201.12M148.63M100.40M77.09M75.81M81.75M84.67M74.73M74.34M61.36M
Noncurrent Assets (USD)21.38B10.69B9.75B8.98B6.47B6.01B5.13B4.52B3.51B3.53B3.48B3.39B2.72B2.37B1.90B
Current Assets (USD)8.61B6.92B5.13B5.00B3.33B2.96B2.49B2.17B2.24B1.76B1.54B1.57B928.04M759.51M708.13M
Assets (USD)29.99B17.61B14.88B13.97B9.80B8.97B7.62B6.69B5.75B5.29B5.01B4.96B3.65B3.13B2.61B

News and Insights

Brown & Brown, Inc. announces 2026 first-quarter earnings release and conference call dates

Brown & Brown, Inc. (NYSE: BRO) announced it will release its first-quarter 2026 earnings on April 27, 2026, followed by an investor conference call on April 28, 2026. The call will feature CEO J. Powell Brown and CFO R. Andrew Watts discussing Q1 financial results and the company's use of technology, data, and artificial intelligence to deliver innovative solutions to customers.

GlobeNewswire Inc. faviconGlobeNewswire Inc.
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Brown & Brown, Inc. - BRO

Pomerantz LLP is investigating potential securities fraud claims against Brown & Brown, Inc. following the company's disclosure that 275 employees defected to a competitor, taking $23 million in annual revenue. The revelation caused Brown & Brown's stock to fall 6.91% on January 27, 2026, after the company reported a 2.8% organic revenue decline in Q4 2025.

GlobeNewswire Inc. faviconGlobeNewswire Inc.Pomerantz Llp
Brown & Brown, Inc. acquires the assets of The Protectorate Group Insurance Agency, Inc., doing business as American Adventure Insurance

Brown & Brown, Inc. (NYSE:BRO) has acquired the assets of The Protectorate Group Insurance Agency, Inc., operating as American Adventure Insurance. The acquisition expands Brown & Brown Dealer Services' capabilities in providing insurance solutions for dealerships across vehicle types including motor homes, boats, and motorcycles. Paul Bender, the owner of American Adventure with 30+ years of experience, will lead the integration with his team of over 1,500 dealership partners.

Benzinga faviconBenzingaGlobe Newswire
Brown & Brown, Inc. announces fourth quarter 2025 results, including total revenues of $1.6 billion, an increase of 35.7%; Organic Revenue decrease of 2.8%; diluted net income per share of $0.59; and Diluted Net Income Per Share - Adjusted of $0.93

Brown & Brown, Inc. reported Q4 2025 total revenues of $1.6 billion (up 35.7% YoY) driven by the Accession acquisition, though organic revenue declined 2.8%. Full year 2025 revenues reached $5.9 billion (up 22.8%), with adjusted diluted EPS of $4.26 (up 10.9%). The company achieved strong adjusted margin expansion to 35.9% and completed significant financing for the Accession acquisition.

GlobeNewswire Inc. faviconGlobeNewswire Inc.
Brown & Brown, Inc. announces quarterly cash dividend

Brown & Brown, Inc. (NYSE: BRO) announced a regular quarterly cash dividend of $0.165 per share, payable on February 11, 2026, to shareholders of record on February 4, 2026. The insurance brokerage firm, operating 700+ locations with over 23,000 professionals, continues its dividend distribution to shareholders.

GlobeNewswire Inc. faviconGlobeNewswire Inc.
Insurance Brokerage Market to Attain USD 562B by 2031 with Retail Brokerage Holding Over 75% Revenue, Says a 2026 Mordor Intelligence Report

The global insurance brokerage market is projected to grow from USD 328.47 billion in 2025 to USD 562.48 billion by 2031, expanding at a 9.38% CAGR. Growth is driven by rising demand for cyber insurance, life insurance in emerging markets, digital adoption, and regulatory compliance needs. North America remains dominant while Asia-Pacific emerges as the fastest-growing region.

GlobeNewswire Inc. faviconGlobeNewswire Inc.Mordor Intelligence
Bridge Specialty Group acquires the assets of Shoemaker & Besser Associates, Inc.

Brown & Brown, Inc. (NYSE: BRO) announced that its subsidiary Bridge Specialty Group has acquired the assets of Shoemaker & Besser Associates, Inc., a Pennsylvania-based managing general agent and wholesale insurance brokerage established in 1959. The acquisition will enhance Bridge Specialty Group's contract binding and light brokerage offerings while allowing Shoemaker & Besser to maintain operations in York, Pennsylvania with expanded market access.

Benzinga faviconBenzingaGlobe Newswire
Brown & Brown, Inc. acquires the assets of J. Kevin Campbell Agency

Brown & Brown, Inc. has acquired the assets of J. Kevin Campbell Agency, a workers' compensation insurance solutions provider founded in 1991. The acquisition brings Kevin Campbell and Kian Ostovar's expertise to Brown & Brown's Tampa and Ocala offices.

Benzinga faviconBenzingaGlobe Newswire
Wright Flood completes the acquisition of Poulton Associates, LLC

Wright National Flood Insurance Company, a subsidiary of Brown & Brown Inc., has completed its acquisition of Poulton Associates, LLC, expanding its insurance operations within the Arrowhead Programs division.

Benzinga faviconBenzingaGlobe Newswire
Fenimore Sells Off All 244K WAT Shares Valued At $85.1 Million

Fenimore Asset Management completely sold its entire 243,780 shares of Waters Corporation, valued at $85.09 million, representing a full exit from the position during Q3 2025. The sale reflects a strategic portfolio shift amid challenging market conditions for laboratory instrumentation stocks.

The Motley Fool faviconThe Motley FoolAdam Palasciano