Brown & Brown, Inc. (BRO)
Stock Price Chart
Key Info
| Market Cap | 12.96B |
| Revenue (ttm) | 2.49B |
| Net Income (ttm) | 441.21M |
| Shares Out | 282.81M |
| EPS (ttm) | 1.55 |
| PE Ratio | 29.56 |
| Forward PE | 29.94 |
| Dividend | $0.34 |
| Dividend Yield | 0.74% |
Stock Quote
| Trading Day | Aug 13, 2020 |
| Last Price | $45.82 |
| Previous Close | $45.80 |
| Change ($) | 0.02 |
| Change (%) | 0.04% |
| Day's Open | 45.53 |
| Day's Range | 45.52 - 46.01 |
| Day's Volume | 516,876 |
| 52-Week Range | 30.70 - 48.69 |
More Stats
| Market Cap | 12.96B |
| Enterprise Value | 13.68B |
| Earnings Date (est) | Oct 26, 2020 |
| Ex-Dividend Date | Aug 4, 2020 |
| Shares Outstanding | 282.81M |
| Float | 234.33M |
| EPS (basic) | 1.57 |
| EPS (diluted) | 1.55 |
| FCF / Share | 2.59 |
| Dividend | $0.34 |
| Dividend Yield | 0.74% |
| Earnings Yield | 3.38% |
| FCF Yield | 5.67% |
| Payout Ratio | n/a |
| Shares Short | 3.71M |
| Short Ratio | 3.16 |
| Short % of Float | 1.81% |
| Beta | 0.71 |
| PE Ratio | 29.56 |
| Forward PE | 29.94 |
| P/FCF Ratio | 17.63 |
| PS Ratio | 5.21 |
| PB Ratio | 3.64 |
| Revenue | 2.49B |
| Operating Income | 639.77M |
| Net Income | 441.21M |
| Free Cash Flow | 735.09M |
| Net Cash | -722.31M |
| Net Cash / Share | -2.55 |
| Gross Margin | 43.25% |
| Operating Margin | 25.70% |
| Profit Margin | 17.70% |
| FCF Margin | 29.53% |
| ROA | 5.54% |
| ROE | 13.05% |
| ROIC | n/a |
Analyst Summary
Analyst Consensus: Overweight
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,392 | 2,014 | 1,881 | 1,767 | 1,661 | 1,576 | 1,363 | 1,200 | 1,014 | 973 |
| Revenue Growth | 18.76% | 7.06% | 6.49% | 6.39% | 5.38% | 15.59% | 13.6% | 18.4% | 4.11% | - |
| Gross Profit | 2,392 | 2,014 | 1,881 | 1,767 | 1,661 | 1,576 | 1,363 | 1,200 | 1,014 | 973 |
| Operating Income | 588 | 506 | 497 | 472 | 445 | 378 | 377 | 322 | 282 | 279 |
| Net Income | 399 | 344 | 400 | 257 | 243 | 207 | 217 | 184 | 164 | 162 |
| Shares Outstanding | 282 | 279 | 279 | 280 | 282 | 282 | 282 | 279 | 277 | 276 |
| Earnings Per Share | 1.40 | 1.22 | 1.40 | 0.91 | 0.85 | 0.71 | 0.74 | 0.63 | 0.57 | 0.56 |
| EPS Growth | 14.75% | -12.86% | 53.85% | 7.06% | 20.57% | -4.73% | 17.46% | 11.5% | 0.89% | - |
| Dividend Per Share | 0.33 | 0.31 | 0.28 | 0.25 | 0.23 | 0.21 | 0.19 | 0.17 | 0.16 | 0.16 |
| Dividend Growth | 6.56% | 9.71% | 10.32% | 11.5% | 10.24% | 10.81% | 6.94% | 6.13% | 3.82% | - |
| Operating Cash Flow | 678 | 568 | 442 | 411 | 382 | 385 | 389 | 220 | 238 | 296 |
| Capital Expenditures | -51.52 | -36.54 | -20.10 | -12.81 | -7.80 | -11.29 | -10.48 | -9.93 | -9.92 | -8.90 |
| Free Cash Flow | 627 | 531 | 422 | 398 | 374 | 374 | 379 | 210 | 228 | 287 |
| Cash & Equivalents | 975 | 790 | 849 | 796 | 687 | 741 | 464 | 393 | 424 | 404 |
| Total Debt | 1,723 | 1,507 | 976 | 1,074 | 1,145 | 1,198 | 480 | 450 | 251 | 252 |
| Net Cash / Debt | -748 | -717 | -127 | -278 | -458 | -457 | -16.42 | -57.53 | 173 | 153 |
| Assets | 7,623 | 6,689 | 5,748 | 5,263 | 5,004 | 4,956 | 3,650 | 3,128 | 2,607 | 2,401 |
| Liabilities | 4,273 | 3,688 | 3,165 | 2,903 | 2,855 | 2,843 | 1,642 | 1,321 | 963 | 894 |
| Book Value | 3,350 | 3,001 | 2,583 | 2,360 | 2,150 | 2,114 | 2,007 | 1,807 | 1,644 | 1,506 |
Company Profile
Company Details
| Full Name | Brown & Brown, Inc. |
| Country | United States |
| Employees | 10,083 |
| CEO | J. Powell Brown |
Stock Information
| Ticker Symbol | BRO |
| Stock Exchange | New York Stock Exchange |
| Sector | Financial Services |
| Industry | Insurance Brokers |
| Unique Identifier | NYSE: BRO |
Description
Brown & Brown, Inc. markets and sells insurance products and services in the United States, England, Canada, Bermuda, and the Cayman Islands. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment offers commercial packages, group medical, workers' compensation, property risk, and general liability insurance products; and group and individual life, accident, disability, health, hospitalization, medical, dental, and other ancillary insurance products, as well as risk management, 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 dentists, oral surgeons, hygienists, lawyers, optometrists, opticians, ophthalmologists, insurance agents, financial advisors, registered representatives, securities broker-dealers, benefit administrators, real estate title agents, and escrow agents, 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.