Brown & Brown, Inc.

Brown & Brown, Inc.

BROยทNYSE

$55.14

-2.6%
Financial ServicesInsurance - Brokers

Brown & Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment offers property and casualty, employee benefits insurance products, personal insurance products, specialties insurance products, 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 offers outsourced product development, marketing, underwriting, actuarial, compliance, and claims and other administrative services to insurance carrier partners; and commercial and public entity-related programs, and flood insurance products. It serves through independent agents. 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. The company was founded in 1939 and is headquartered in Daytona Beach, Florida.

At a Glance

Live Snapshot
Market Cap$18.69B
EPS3.4000
P/E Ratio16.22
Earnings Date07/27/2026
3Y+65.0%
5Y+103.0%
10Y+253.0%
3Y+314.0%
5Y+943.0%
10Y+5457.0%
3Y+347.0%
5Y+2073.0%
10Y-4905.0%
BRO

Brown & Brown, Inc. Cash Conversion Engine

BRO ยท NYSE
Net Income1.07B
Depreciation & Amortization367.00M
Stock-Based Compensation93.00M
Change in Working Capital-47.00M
Others-23.00M
Capital Expenditures-68.00M
Free Cash Flow1.38B

Cash Flow Quality Analysis

FCF Conversion Rate

129.5%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

4.7%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+26.6%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$47.00M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

Brown & Brown, Inc. Cash Flow Statement

BRO โ€ข NYSE

Brown & Brown, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
1.1B
1B
871M
672M
587.1M
480.5M
398.5M
344.3M
399.6M
257.5M
243.3M
206.9M
217.1M
184M
164M
161.8M
153.3M
166.1M
191M
172.4M
367M
222M
206M
186M
152.9M
134.8M
128.7M
109.4M
108.1M
107.7M
108.3M
103.8M
85.4M
78.9M
67.1M
64.1M
63.1M
59.9M
53.2M
47.8M
-7M
13M
12M
43M
33.6M
16M
12.4M
15M
-102.2M
18.2M
22.7M
7.4M
32.2M
32.7M
30.3M
22.6M
27.9M
25.7M
325K
11.5M
93M
101M
89M
66M
61M
59.7M
47M
33.5M
30.6M
16.1M
15.5M
19.4M
22.6M
15.9M
11.2M
6.8M
7.4M
7.3M
5.7M
5.4M
-23M
-59M
-143M
-70M
15.6M
-7.5M
-9.2M
-9.9M
-5.3M
332K
-11.6M
46.6M
-5.4M
-15.4M
-6.4M
-14.5M
374K
-1.1M
-30.9M
-781K
(0.0)
(302M)
(218M)
(122M)
(146.9M)
(131.6M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-47M
-105M
-25M
-16M
-41.4M
29.5M
100.8M
75.3M
11M
11.3M
3.6M
943K
37.4M
-75.8M
-28.8M
55.3M
-30.4M
83.8M
-3.9M
-11.1M
1.5B
1.2B
1B
881M
808.8M
713M
678.2M
567.5M
442M
411M
381.8M
385M
389.4M
220.3M
237.5M
296.1M
221.6M
341.8M
215.3M
225.2M
INVESTING ACTIVITIES
-68M
-82M
-69M
-52M
-45M
-70.7M
-73.1M
-41.5M
-24.2M
-17.8M
-18.4M
-24.9M
-16.4M
-24M
-13.6M
-10.5M
-11.3M
-14.1M
-30.6M
-15M
-7.8B
-820M
-524M
-1.9B
-350.2M
-685.2M
-331.5M
-918.9M
-37.4M
-117.7M
-125.4M
-682.9M
-361.8M
-411M
-162.4M
-156.1M
-44.7M
-263.4M
-212.3M
-143.7M
(0.0)
-7M
-7M
(0.0)
-12.4M
-14.2M
-17.5M
-9.3M
-10.7M
-25.9M
-22.8M
-17.8M
-18.1M
-11.2M
-12.7M
-9.3M
-11.6M
-13.8M
-2.7M
-211K
0.0
11M
13M
7M
10.8M
11M
8.5M
17.9M
9.6M
18.9M
21.9M
18.3M
15.7M
10.7M
13M
9.3M
10.8M
9.8M
21.7M
119K
-1M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.3M
4.6M
6.7M
1.4M
-7.9B
-898M
-587M
-1.9B
-396.8M
-759.1M
-413.6M
-951.8M
-62.6M
-142.4M
-144.6M
-707.3M
-380.6M
-435.5M
-175.7M
-166.5M
-55.4M
-276.9M
-217.2M
-157.4M
FINANCING ACTIVITIES
-52M
-55M
-40M
-123M
-132.4M
-96.4M
-58.7M
-91.3M
-128.6M
-18.9M
-163.8M
-75M
0.0
0.0
8.7M
11.1M
10.1M
10.9M
11.3M
11.3M
8.1B
30M
-151M
1.9B
-73.1M
545M
50M
530M
-96.8M
-73.1M
-45.6M
718.4M
29.9M
198.8M
-2.1M
-19.4M
-15.1M
4.7M
-29.1M
-62.4M
-194M
-154M
-135M
-120M
-107.2M
-100.6M
-91.3M
-84.7M
-77.7M
-70.3M
-64.1M
-59.3M
-53.5M
-49.5M
-46.5M
-44.5M
-42.9M
-40.2M
-35.1M
-29.3M
-100M
-55M
-40M
-123M
-132.4M
-96.4M
-58.7M
-91.3M
-128.6M
-18.9M
-163.8M
-75M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-137M
115M
139M
30M
102.6M
7M
20.8M
-16.3M
-33.5M
1.8M
-20.4M
5.3M
-2M
-538K
-8.6M
-888K
243K
138K
4.6M
604K
7.7B
-64M
-187M
1.7B
-210.1M
355M
-79.2M
337.8M
-336.6M
-160.5M
-293.8M
589.4M
-25.6M
148.7M
-48.5M
-53.7M
-47.6M
-24.5M
-48.4M
-79.9M
CASH FLOW SUMMARY
64M
-13M
34M
-131M
-3.6M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.3B
199M
270M
563M
198.3M
308.9M
185.4M
-46.5M
42.8M
108.1M
-56.6M
267.1M
-16.9M
-66.5M
13.3M
75.9M
118.6M
40.3M
-50.3M
-12.1M
2.5B
2.3B
2B
1.5B
1.3B
963M
777.6M
824.1M
781.3M
673.2M
729.8M
203M
219.8M
286.3M
273M
197.1M
78.6M
38.2M
88.5M
100.6M
3.8B
2.5B
2.3B
2B
1.5B
1.3B
963M
777.6M
824.1M
781.3M
673.2M
470M
203M
219.8M
286.3M
273M
197.1M
78.6M
38.2M
88.5M
1.4B
1.1B
941M
829M
763.8M
642.3M
605.1M
526M
417.8M
393.3M
363.5M
360.1M
373M
196.3M
223.9M
285.6M
210.3M
327.6M
184.7M
210.2M

SEC Filings

BRO - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 07, 2026
May 06, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 27, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 27, 2026
April 27, 2026
2026
8-K

8-K 2026

N/A

April 09, 2026
April 08, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 24, 2026
May 06, 2026
2026
8-K

8-K 2026

N/A

March 04, 2026
February 26, 2026
2026
8-K

8-K 2026

N/A

March 02, 2026
March 02, 2026
2026
10-K

10-K 2025 FY

FY

February 12, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

January 26, 2026
January 26, 2026
2026
10-Q

10-Q 2025 Q3

Q3

October 28, 2025
September 30, 2025
2025
Showing 1 to 10 of 421 filings