Brown & Brown, Inc. (BRO)
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No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 2,606 | 3,048 | 3,563 | 4,199 | 4,705 | 5,956 | 6,852 | 6,993 |
| Operating profit | $m | 1,695 | 1,951 | ||||||
| Net profit | $m | 481 | 587 | 672 | 871 | 993 | 1,054 | 1,205 | 1,418 |
| EPS reported | $ | 3.16 | 3.38 | ||||||
| Operating cashflow per share | $ | 4.68 | 4.56 | ||||||
| Capex per share | $ | 0.22 | 0.08 | ||||||
| FCF per share | $ | 4.46 | 4.49 | ||||||
| Free cash flow | $m | 1,382 | 1,494 | ||||||
| Net debt | $m | 6,534 | 6,841 | ||||||
| Book value equity | $m | 12,547 | 12,583 | ||||||
| Book value per share | $ | 40.09 | 37.12 | ||||||
| Number of shares | m | 313 | 339 | ||||||
| DPS (TTM paid) | $ | 0.62 | 0.66 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 25.22 | 17.99 | ||||||
| P/B LTM | x | 1.97 | 1.96 | ||||||
| P/S LTM | x | 4.15 | 3.61 | ||||||
| P/FCF LTM | x | 17.88 | 16.54 | ||||||
| EV/EBITDA LTM | x | 15.50 | 13.01 | ||||||
| EV/Sales LTM | x | 5.30 | 4.52 | ||||||
| Earnings Yield LTM | % | +3.97% | +5.56% | ||||||
| FCF Yield | % | +5.59% | +6.05% | ||||||
| Quality | |||||||||
| ROE | % | +8.40% | +9.62% | ||||||
| ROIC | % | +5.87% | +6.79% | ||||||
| Operating margin | % | +28.46% | +28.47% | ||||||
| Gross margin | % | +87.68% | +59.02% | ||||||
| FCF/Sales | % | +23.20% | +21.80% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | -8.67% | -2.31% | ||||||
| Sales Growth YoY | % | +26.59% | +45.63% | ||||||
| Net Income Growth YoY | % | +6.14% | +21.35% | ||||||
| FCF Growth | % | +26.56% | +36.81% | ||||||
| Operating Profit Growth | % | +23.99% | +42.72% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +0.79% | +0.92% | ||||||
| Dividend Growth | % | +13.89% | +22.22% | ||||||
| Payout Ratio | % | +19.61% | +19.30% | ||||||
| FCF/Debt | x | 0.17 | 0.19 | ||||||
| Net Debt/EBITDA | x | 3.36 | 2.92 | ||||||
| EBIT/Net interest | x | 5.71 | 6.50 | ||||||
| Net debt/market cap | % | +30.81% | +32.47% | ||||||
| Net debt/Equity | x | 0.52 | 0.54 | ||||||
| Gross debt/equity | x | 0.63 | 0.64 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Brown & Brown, Inc. operates as an insurance brokerage firm, providing a diverse range of products and services throughout the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. The company's operations are strategically divided into four primary segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail division delivers a comprehensive suite of property and casualty, employee benefits, personal, and specialized insurance offerings, complemented by services such as loss control assessments, consulting, and claims processing. This segment caters to a broad spectrum of clients, including commercial entities, public and quasi-public organizations, professionals, and individuals. The National Programs segment focuses on professional liability and associated bundled insurance products for specific sectors like dentistry, law, optometry, insurance, finance, medicine, and real estate title professionals, alongside supplementary coverages for events, medical facilities, and cyber risks. This segment also provides outsourced services to insurance carrier partners, encompassing product development, marketing, underwriting, actuarial analysis, compliance, claims, and other administrative support, while additionally managing commercial and public entity programs and flood insurance, largely through independent agents. The Wholesale Brokerage segment facilitates the distribution of excess and surplus commercial and personal lines insurance via independent agents and brokers. Finally, the Services segment offers critical support functions such as third-party claims administration and medical utilization management for workers' compensation and all-lines liability, along with Medicare Set-aside provisions, Social Security disability assistance, Medicare benefits advocacy, and claims adjusting services. Founded in 1939, Brown & Brown, Inc. is headquartered in Daytona Beach, Florida.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Brown & Brown, Inc. operates as an insurance brokerage firm, providing a diverse range of products and services throughout the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. The company's operations are strategically divided into four primary segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail division delivers a comprehensive suite of property and casualty, employee benefits, personal, and specialized insurance offerings, complemented by services such as loss control assessments, consulting, and claims processing. This segment caters to a broad spectrum of clients, including commercial entities, public and quasi-public organizations, professionals, and individuals. The National Programs segment focuses on professional liability and associated bundled insurance products for specific sectors like dentistry, law, optometry, insurance, finance, medicine, and real estate title professionals, alongside supplementary coverages for events, medical facilities, and cyber risks. This segment also provides outsourced services to insurance carrier partners, encompassing product development, marketing, underwriting, actuarial analysis, compliance, claims, and other administrative support, while additionally managing commercial and public entity programs and flood insurance, largely through independent agents. The Wholesale Brokerage segment facilitates the distribution of excess and surplus commercial and personal lines insurance via independent agents and brokers. Finally, the Services segment offers critical support functions such as third-party claims administration and medical utilization management for workers' compensation and all-lines liability, along with Medicare Set-aside provisions, Social Security disability assistance, Medicare benefits advocacy, and claims adjusting services. Founded in 1939, Brown & Brown, Inc. is headquartered in Daytona Beach, Florida.
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