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Brown & Brown, Inc. (BRO) is a financial services company in the insurance brokers industry with $6.66B in trailing revenue trading at a 19.4× trailing P/E — analyst consensus: hold.
Brown & Brown, Inc. markets and sells insurance products and services in the United States, the United Kingdom, and internationally. It operates through Retail and Specialty Distribution segments. The Retail segment provides property and casualty insurance products, employee benefits insurance products, personal insurance products, specialties insurance products, risk management strategies, loss control surveys and analysis, consulting, and claims processing services. This segment also offers non-insurance services and products through automobile and recreational vehicle dealer services businesses. It serves commercial, public and quasi-public entities, professionals, and individual customers. The Specialty Distribution segment comprises wholesale brokerage and specialty businesses. This segment offers professional liability and related package insurance products for dentistry, legal, eyecare, financial services, physicians, and 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, as well as program management services for insurance carrier partners. In addition, the company's wholesale brokerage businesses underwrite and place excess and surplus commercial and personal lines insurance through independent agents and brokers. Its program businesses operate under the Arrowhead Programs name. The company was formerly known as Poe & Brown, Inc. and changed its name to Brown & Brown, Inc. in April 1999. Brown & Brown, Inc. was founded in 1939 and is headquartered in Daytona Beach, Florida.
Key Statistics
Market Cap
$20.35B
Revenue (TTM)
$6.66B
EPS (TTM)
$3.13
EPS (Fwd est.)
$4.83
Employees
22,888
Trailing P/E
19.43
Forward P/E
12.60
PEG Ratio
1.51
Price / Sales
3.05
Price / Book
1.60
EV / EBITDA
9.52
Beta (5Y)
0.58
Analyst Consensus
Consensus
Hold
Analyst Price Target
+25.8% upside
Target: $76.50
Annual Revenue & Net Income
RevenueNet Income
'22
$3.56B
$670.00M
'23
$4.20B
$870.00M
'24
$4.71B
$990.00M
'25
$5.76B
$1.05B
Earnings History
Quarter
Actual EPS
Estimate
Result
Jul 2026
$1.07
$1.07
Miss (-0.4%)
Apr 2026
$1.39
$1.36
Beat (+2.3%)
Jan 2026
$0.93
$0.90
Beat (+3.3%)
Oct 2025
$1.05
$0.93
Beat (+12.9%)
Next Earnings Report
Brown & Brown, Inc. is next expected to report earnings on 26 Oct 2026.
Profitability
56.3%
41.8%
18.1%
Gross MarginOperating MarginNet Margin
Revenue Growth (YoY)
32.4%
Return on Equity
10.0%
Return on Assets
5.4%
Balance Sheet
Cash & Equivalents
$920.00M
Total Debt
$8.07B
Net Position
$7.15B (net debt)
Free Cash Flow (TTM)
$1.64B
Debt / Equity
63.98
Share Ownership
Institutions 86.5%
Insiders 13.3%
Public 0.2%
Dividend
Annual Rate
$0.66
Yield
1.09%
Payout Ratio
20.6%
Ex-Dividend Date
12 Aug 2026
5Y Avg Yield
0.65%
Frequently Asked Questions
What does Brown & Brown, Inc. (BRO) do?
Brown & Brown, Inc. markets and sells insurance products and services in the United States, the United Kingdom, and internationally. It operates through Retail and Specialty Distribution segments. The Retail segment provides property and casualty insurance products, employee benefits insurance products, personal insurance products, specialties insurance products, risk management strategies, loss c…
What is BRO's market cap?
Brown & Brown, Inc. has a market capitalization of approximately $20.35B.
What is BRO's P/E ratio?
Brown & Brown, Inc. trades at a trailing P/E ratio of 19.4x and a forward P/E of 12.6x, which is below the broad market average of ~25x.
How much revenue does BRO generate?
Brown & Brown, Inc. generated $6.66B in trailing 12-month revenue.
What do analysts say about BRO?
The analyst consensus rating for Brown & Brown, Inc. is hold, with a mean price target of $76.50. That implies +25.8% upside from the current price.
When does BRO report earnings?
Brown & Brown, Inc. is next scheduled to report earnings on 26 Oct 2026.
Does BRO pay a dividend?
Yes. Brown & Brown, Inc. pays a dividend with a current yield of 1.09%, at an annual rate of $0.66 per share.
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