Brown & Brown, Inc. (BRO)
NYSE: BRO · Real-Time Price · USD
67.86
+1.98 (3.01%)
Oct 29, 2026, 3:57 PM EDT - Market open

Brown & Brown Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
6,8145,7634,7054,1993,5663,050
Revenue Growth
27.53%22.49%12.05%17.75%16.91%16.84%
Gross Profit
3,3932,8282,2992,0121,7491,413
Operating Income
1,8291,6151,3671,156966857.5
Net Income
1,2021,043981858659574.2
Earnings Per Share
3.183.163.463.052.372.07
EPS Growth
-3.94%-8.67%13.44%28.69%14.49%22.48%

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Retail
4,0543,4062,7292,5082,1571,768
Programs
--1,4001,173958701.9
Wholesale Brokerage
--616541453403.4
Other Segment
358760355-0.7
Revenue (Total)
6,8145,7634,7054,1993,5633,048

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
1,0991,079675711662706.1
Total Debt
8,0957,9184,0604,0204,1832,246
Net Cash (Debt)
-6,996-6,839-3,385-3,309-3,521-1,540
Net Cash Growth
------
Net Cash Per Share
-20.85-21.85-11.92-11.78-12.62-5.55

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,5841,4501,1741,010881808.8
Capital Expenditures
-97-68-82-69-52-45
Free Cash Flow
1,4871,3821,092941829763.8
Free Cash Flow Growth
14.47%26.56%16.05%13.51%8.54%18.92%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
49.80%49.07%48.86%47.92%49.05%46.34%
Operating Margin
26.84%28.02%29.05%27.53%27.09%28.11%
Pretax Margin
22.84%23.79%27.69%27.29%24.57%25.01%
Profit Margin
17.64%18.10%20.85%20.43%18.48%18.82%
FCF Margin
21.82%23.98%23.21%22.41%23.25%25.04%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.7200.6150.5400.4800.4200.380
Dividend Per Share Growth
9.76%13.89%12.50%14.29%10.53%8.57%
Dividend Yield
1.06%0.76%0.53%0.68%0.74%0.54%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
21.3626.0929.7423.5924.4834.57
Forward PE
14.5717.4925.3423.9823.3931.30
P/FCF Ratio
15.1919.6926.7221.5119.4625.99
PS Ratio
3.324.726.204.824.536.51