Brown & Brown, Inc. (BRO)
NYSE: BRO · Real-Time Price · USD
71.43
+0.25 (0.35%)
At close: Aug 7, 2026, 4:00 PM EDT
71.45
+0.02 (0.03%)
After-hours: Aug 7, 2026, 7:54 PM EDT

Brown & Brown Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
6,6645,7634,7054,1993,5633,048
Revenue Growth
34.65%22.49%12.05%17.85%16.92%16.94%
Gross Profit
3,3072,8282,2992,0121,7461,411
Operating Income
1,6821,5021,3671,156963854.7
Net Income
1,2051,054993871672587.1
Earnings Per Share
3.173.163.463.052.372.07
EPS Growth
-8.65%-8.67%13.44%28.69%14.49%21.77%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Retail
3,9593,4062,7292,5082,1571,768
Programs
--1,4001,173958701.9
Wholesale Brokerage
--616541453403.4
Other Segment
698760355-0.7
Revenue (Total)
6,6645,7634,7054,1993,5633,048

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
9181,079675711662706.1
Total Debt
8,0077,8564,0133,9754,1382,203
Net Cash (Debt)
-7,089-6,777-3,338-3,264-3,476-1,497
Net Cash Growth
------
Net Cash Per Share
-21.13-21.65-11.75-11.62-12.46-5.40

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
1,5201,4501,1741,010881808.8
Capital Expenditures
-74-68-82-69-52-45
Free Cash Flow
1,4461,3821,092941829763.8
Free Cash Flow Growth
14.40%26.56%16.05%13.51%8.54%18.92%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
49.62%49.07%48.86%47.92%49.00%46.29%
Operating Margin
25.24%26.06%29.05%27.53%27.03%28.05%
Pretax Margin
23.23%23.79%27.69%27.29%24.59%25.03%
Profit Margin
18.20%18.51%21.30%20.74%18.86%19.27%
FCF Margin
21.70%23.98%23.21%22.41%23.27%25.06%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.6600.6150.5400.4800.4200.380
Dividend Per Share Growth
10.00%13.89%12.50%14.29%10.53%8.57%
Dividend Yield
0.92%0.78%0.54%0.68%0.76%0.55%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
22.4925.2229.4923.3124.0433.95
Forward PE
15.4817.4925.3423.9823.3931.30
P/FCF Ratio
16.5319.3826.7221.5119.4625.99
PS Ratio
3.594.656.204.824.536.51