Brown & Brown Statistics
Total Valuation
Brown & Brown has a market cap or net worth of $23.22 billion. The enterprise value is $26.42 billion.
| Market Cap | 23.22B |
| Enterprise Value | 26.42B |
Important Dates
The next confirmed earnings date is Monday, April 22, 2024, after market close.
| Earnings Date | Apr 22, 2024 |
| Ex-Dividend Date | Feb 1, 2024 |
Share Statistics
Brown & Brown has 285.80 million shares outstanding. The number of shares has increased by 0.49% in one year.
| Shares Outstanding | 285.80M |
| Shares Change (YoY) | +0.49% |
| Shares Change (QoQ) | +0.35% |
| Owned by Insiders (%) | 16.35% |
| Owned by Institutions (%) | 74.12% |
| Float | 222.15M |
Valuation Ratios
The trailing PE ratio is 26.57 and the forward PE ratio is 22.98. Brown & Brown's PEG ratio is 4.41.
| PE Ratio | 26.57 |
| Forward PE | 22.98 |
| PS Ratio | 5.44 |
| Forward PS | 4.99 |
| PB Ratio | 4.15 |
| P/FCF Ratio | 22.11 |
| PEG Ratio | 4.41 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 17.13, with an EV/FCF ratio of 25.23.
| EV / Earnings | 30.35 |
| EV / Sales | 6.21 |
| EV / EBITDA | 17.13 |
| EV / EBIT | 19.78 |
| EV / FCF | 25.23 |
Financial Position
The company has a current ratio of 1.04, with a Debt / Equity ratio of 0.71.
| Current Ratio | 1.04 |
| Quick Ratio | 0.65 |
| Debt / Equity | 0.71 |
| Debt / EBITDA | 2.58 |
| Debt / FCF | 3.80 |
| Interest Coverage | 7.03 |
Financial Efficiency
Return on equity (ROE) is 16.80% and return on invested capital (ROIC) is 10.80%.
| Return on Equity (ROE) | 16.80% |
| Return on Assets (ROA) | 6.20% |
| Return on Capital (ROIC) | 10.80% |
| Revenue Per Employee | $263,565 |
| Profits Per Employee | $53,894 |
| Employee Count | 16,152 |
| Asset Turnover | 0.30 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Brown & Brown has paid $275.60 million in taxes.
| Income Tax | 275.60M |
| Effective Tax Rate | 24.05% |
Stock Price Statistics
The stock price has increased by +36.00% in the last 52 weeks. The beta is 0.78, so Brown & Brown's price volatility has been lower than the market average.
| Beta (1Y) | 0.78 |
| 52-Week Price Change | +36.00% |
| 50-Day Moving Average | 83.88 |
| 200-Day Moving Average | 74.88 |
| Relative Strength Index (RSI) | 34.83 |
| Average Volume (30 Days) | 1,292,985 |
Short Selling Information
The latest short interest is 2.59 million, so 0.90% of the outstanding shares have been sold short.
| Short Interest | 2.59M |
| Short Previous Month | 2.18M |
| Short % of Shares Out | 0.90% |
| Short % of Float | 1.16% |
| Short Ratio (days to cover) | 2.44 |
Income Statement
In the last 12 months, Brown & Brown had revenue of $4.26 billion and earned $870.50 million in profits. Earnings per share was $3.05.
| Revenue | 4.26B |
| Gross Profit | 4.26B |
| Operating Income | 1.36B |
| Pretax Income | 1.15B |
| Net Income | 870.50M |
| EBITDA | 1.54B |
| EBIT | 1.34B |
| Earnings Per Share (EPS) | $3.05 |
Balance Sheet
The company has $711.30 million in cash and $3.97 billion in debt, giving a net cash position of -$3.26 billion or -$11.42 per share.
| Cash & Cash Equivalents | 711.30M |
| Total Debt | 3.97B |
| Net Cash | -3.26B |
| Net Cash Per Share | -$11.42 |
| Equity / Book Value | 5.58B |
| Book Value Per Share | 19.52 |
| Working Capital | 173.00M |
Cash Flow
In the last 12 months, operating cash flow was $1.01 billion and capital expenditures $37.70 million, giving a free cash flow of $1.05 billion.
| Operating Cash Flow | 1.01B |
| Capital Expenditures | 37.70M |
| Free Cash Flow | 1.05B |
| FCF Per Share | $3.68 |
Margins
Gross margin is 100.00%, with operating and profit margins of 31.90% and 20.45%.
| Gross Margin | 100.00% |
| Operating Margin | 31.90% |
| Pretax Margin | 26.92% |
| Profit Margin | 20.45% |
| EBITDA Margin | 36.22% |
| EBIT Margin | 31.39% |
| FCF Margin | 24.60% |
Dividends & Yields
This stock pays an annual dividend of $0.52, which amounts to a dividend yield of 0.64%.
| Dividend Per Share | $0.52 |
| Dividend Yield | 0.64% |
| Dividend Growth (YoY) | 12.64% |
| Years of Dividend Growth | 31 |
| Payout Ratio | 17.05% |
| Buyback Yield | -0.49% |
| Shareholder Yield | 0.16% |
| Earnings Yield | 3.76% |
| FCF Yield | 4.52% |
Analyst Forecast
The average price target for Brown & Brown is $86.20, which is 5.98% higher than the current price. The consensus rating is "Buy".
| Price Target | $86.20 |
| Price Target Difference | 5.98% |
| Analyst Consensus | Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
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 2.59 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.59 |
| Piotroski F-Score | 6 |