Brown & Brown, Inc. (BRO)
NYSE: BRO · Real-Time Price · USD
105.45
+1.28 (1.23%)
Nov 4, 2024, 4:00 PM EST - Market closed

Brown & Brown Statistics

Total Valuation

Brown & Brown has a market cap or net worth of $30.15 billion. The enterprise value is $32.65 billion.

Market Cap 30.15B
Enterprise Value 32.65B

Important Dates

The last earnings date was Monday, October 28, 2024, after market close.

Earnings Date Oct 28, 2024
Ex-Dividend Date Nov 6, 2024

Share Statistics

Brown & Brown has 285.96 million shares outstanding. The number of shares has increased by 0.65% in one year.

Shares Outstanding 285.96M
Shares Change (YoY) +0.65%
Shares Change (QoQ) +0.35%
Owned by Insiders (%) 16.69%
Owned by Institutions (%) 74.44%
Float 237.99M

Valuation Ratios

The trailing PE ratio is 28.73 and the forward PE ratio is 26.35. Brown & Brown's PEG ratio is 2.30.

PE Ratio 28.73
Forward PE 26.35
PS Ratio 6.41
Forward PS 6.02
PB Ratio 4.61
P/FCF Ratio 29.04
PEG Ratio 2.30
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 21.37, with an EV/FCF ratio of 31.84.

EV / Earnings 31.45
EV / Sales 7.16
EV / EBITDA 21.37
EV / EBIT 24.90
EV / FCF 31.84

Financial Position

The company has a current ratio of 1.15, with a Debt / Equity ratio of 0.59.

Current Ratio 1.15
Quick Ratio 0.60
Debt / Equity 0.59
Debt / EBITDA 2.40
Debt / FCF 3.72
Interest Coverage 6.76

Financial Efficiency

Return on equity (ROE) is 18.14% and return on invested capital (ROIC) is 8.44%.

Return on Equity (ROE) 18.14%
Return on Assets (ROA) 5.20%
Return on Capital (ROIC) 8.44%
Revenue Per Employee $282,237
Profits Per Employee $64,277
Employee Count 16,152
Asset Turnover 0.29
Inventory Turnover n/a

Taxes

In the past 12 months, Brown & Brown has paid $323.60 million in taxes.

Income Tax 323.60M
Effective Tax Rate 23.40%

Stock Price Statistics

The stock price has increased by +49.52% in the last 52 weeks. The beta is 0.82, so Brown & Brown's price volatility has been lower than the market average.

Beta (5Y) 0.82
52-Week Price Change +49.52%
50-Day Moving Average 104.21
200-Day Moving Average 92.12
Relative Strength Index (RSI) 53.04
Average Volume (20 Days) 1,476,630

Short Selling Information

The latest short interest is 3.74 million, so 1.31% of the outstanding shares have been sold short.

Short Interest 3.74M
Short Previous Month 3.47M
Short % of Shares Out 1.31%
Short % of Float 1.57%
Short Ratio (days to cover) 2.09

Income Statement

In the last 12 months, Brown & Brown had revenue of $4.56 billion and earned $1.04 billion in profits. Earnings per share was $3.67.

Revenue 4.56B
Gross Profit 2.18B
Operating Income 1.31B
Pretax Income 1.31B
Net Income 1.04B
EBITDA 1.53B
EBIT 1.31B
Earnings Per Share (EPS) $3.67
Full Income Statement

Balance Sheet

The company has $968.00 million in cash and $3.82 billion in debt, giving a net cash position of -$2.85 billion or -$9.97 per share.

Cash & Cash Equivalents 968.00M
Total Debt 3.82B
Net Cash -2.85B
Net Cash Per Share -$9.97
Equity (Book Value) 6.48B
Book Value Per Share 22.60
Working Capital 954.00M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.12 billion and capital expenditures -$92.90 million, giving a free cash flow of $1.03 billion.

Operating Cash Flow 1.12B
Capital Expenditures -92.90M
Free Cash Flow 1.03B
FCF Per Share $3.59
Full Cash Flow Statement

Margins

Gross margin is 47.87%, with operating and profit margins of 28.76% and 23.07%.

Gross Margin 47.87%
Operating Margin 28.76%
Pretax Margin 30.34%
Profit Margin 23.07%
EBITDA Margin 33.52%
EBIT Margin 28.76%
FCF Margin 23.62%

Dividends & Yields

This stock pays an annual dividend of $0.60, which amounts to a dividend yield of 0.57%.

Dividend Per Share $0.60
Dividend Yield 0.57%
Dividend Growth (YoY) 13.68%
Years of Dividend Growth 31
Payout Ratio 16.35%
Buyback Yield -0.65%
Shareholder Yield -0.08%
Earnings Yield 3.49%
FCF Yield 3.44%
Dividend Details

Analyst Forecast

The average price target for Brown & Brown is $106.91, which is 1.39% higher than the current price. The consensus rating is "Buy".

Price Target $106.91
Price Target Difference 1.39%
Analyst Consensus Buy
Analyst Count 12
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on March 29, 2018. It was a forward split with a ratio of 2:1.

Last Split Date Mar 29, 2018
Split Type Forward
Split Ratio 2:1

Scores

Brown & Brown has an Altman Z-Score of 2.36 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.36
Piotroski F-Score 5