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+67.0%
5Y+129.0%
10Y+238.0%
3Y+57.0%
5Y+119.0%
10Y+309.0%
3Y+65.0%
5Y+103.0%
10Y+253.0%
Brown & Brown, Inc.

Brown & Brown, Inc. Profit Bridge

BRO ยท NYSE
Revenue5.96B
Cost of Goods Sold (734.00M)
Gross Profit5.22B
Operating Expenses (3.53B)
Operating Income1.70B
Interest Expense (297.00M)
Other Income/Expense-324.00M
Pretax Income1.37B
Income Tax (304.00M)
Net Income1.05B
Net Income
1.05B

Profitability Analysis

Gross Margin

87.7%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

28.5%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

17.7%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

22.2%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

Brown & Brown, Inc. Income Statement

BRO โ€ข NYSE

Brown & Brown, Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
6B
4.7B
4.2B
3.6B
3B
2.6B
2.4B
2B
1.9B
1.8B
1.7B
1.6B
1.4B
1.2B
1B
966.9M
967.9M
977.6M
959.7M
878M
GROSS PROFIT
(734M)
(2.4B)
(2.2B)
(1.8B)
(1.6B)
(1.4B)
(1.3B)
(1.1B)
(994.7M)
(925.2M)
(857M)
(811.1M)
(683M)
(608.5M)
(508.7M)
(487.8M)
(0.0)
(0.0)
(0.0)
(0.0)
5.2B
2.3B
2B
1.7B
1.4B
1.2B
1.1B
940.9M
862.6M
837.6M
800M
756.3M
672.5M
580.6M
497.3M
479.1M
967.9M
977.6M
959.7M
878M
OPERATING INCOME
(3.5B)
(932M)
(856M)
(783M)
(555.9M)
(500.8M)
(505.8M)
(441.5M)
(391.6M)
(370.5M)
(359.4M)
(339.2M)
(303.7M)
(269.2M)
(222.4M)
(206.8M)
(698.5M)
(690.4M)
(634.3M)
(584.6M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(15.5M)
(19.4M)
(22.6M)
(15.9M)
(11.2M)
(6.8M)
(492M)
(493.1M)
(449.8M)
(410.3M)
1.7B
1.4B
1.2B
963M
854.7M
668.9M
570.8M
499.4M
471M
467M
440.6M
417.2M
368.8M
311.4M
274.9M
272.3M
269.4M
287.2M
325.3M
293.4M
PRE-TAX INCOME
(297M)
(201M)
(197M)
(148M)
(65M)
(59M)
(63.7M)
(40.6M)
(38.3M)
(39.5M)
(39.2M)
(28.4M)
(16.4M)
(16.1M)
(14.1M)
(14.5M)
(14.6M)
(14.7M)
(13.8M)
(13.4M)
-158M
-201M
-197M
-148M
-65M
-59M
-63.7M
-40.6M
-38.3M
-39.5M
-39.2M
-28.4M
-16.4M
-16.1M
-14.1M
-14.5M
-14.6M
-14.7M
-13.8M
-13.4M
(3.5B)
(932M)
(856M)
(783M)
(555.9M)
(500.8M)
(505.8M)
(441.5M)
(391.6M)
(370.5M)
(343.9M)
(319.8M)
(281.1M)
(253.3M)
(211.2M)
(199.9M)
(206.5M)
(197.3M)
(184.6M)
(174.3M)
-324M
-64M
-10M
-87M
-91.9M
-44.8M
-44.8M
-37M
-21.3M
-43.5M
-38.1M
-77.4M
-11.2M
-6.6M
-4.3M
-6.2M
-14.6M
-14.7M
-13.8M
-13.4M
1.4B
1.3B
1.1B
876M
762.8M
624.1M
525.9M
462.5M
449.7M
423.5M
402.6M
339.7M
357.6M
304.8M
270.5M
266.1M
254.8M
272.5M
311.5M
280M
NET INCOME
(304M)
(301M)
(275.6M)
(204.3M)
(175.7M)
(143.6M)
(127.4M)
(118.2M)
(50.1M)
(166M)
(159.2M)
(132.9M)
(140.5M)
(120.8M)
(106.5M)
(104.3M)
(101.5M)
(106.4M)
(120.6M)
(107.7M)
1.1B
993M
870.5M
671.8M
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

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