Brown & Brown, Inc. BRO
Insurance - Brokers, Financial Services
$61.72
+1.23%
- Market cap
- $20.7B
- PE
- 19.5×
- 10y median 29.0×
- Forward PE
- Price to sales
- 3.0×
- EV/EBIT
- 14.1×
- Revenue, 12 months
- $6.8B
- +34% on a year ago
- Net margin
- 17.7%
- Free cash flow yield
- 7.0%
Brown & Brown trades at 19.5× trailing earnings, cheaper than 98% of the last ten years. Revenue was $6.8B over the last twelve months, up 34% on a year earlier with a 18% net margin.
Charts
Financials
| Income statement | Q4 FY23 | Q1 FY24 | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| $1B | $1.3B | $1.2B | $1.2B | $1.2B+15% | $1.4B+12% | $1.3B+9% | $1.6B+35% | $1.6B+36% | $1.9B+35% | $1.7B+30% | |
| Cost of revenue | $553.7M | $631M | $585M | $607M | $583M+5% | $683M+8% | $640M+9% | $793M+31% | $270M−54% | $907M+33% | $838M+31% |
| Gross profit | $418.7M | $606M | $569M | $579M | $506M+21% | $702M+16% | $609M+7% | $813M+40% | — | $994M+42% | $838M+38% |
| SG&A | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $271M |
| $207.2M | $391M | $341M | $358M | $237M+14% | $452M+16% | $337M−1% | $422M+18% | $429M+81% | $533M+18% | $567M+68% | |
| Interest expense | $49.7M | $50M | $52M | $50M | $54M+9% | $48M−4% | $53M+2% | $100M+100% | $100M+85% | $0 | $100M+89% |
| Pre-tax income | $355M | $364M | $346M | $317M | $275M−23% | $427M+17% | $311M−10% | $311M−2% | $321M+17% | $533M+25% | $383M+23% |
| $86M | $71M | $87M | $78M | $64M−26% | $93M+31% | $77M−12% | $82M+5% | $53M−17% | $106M+14% | $94M+22% | |
| Net income | $269M | $293M | $257M | $234M | $210M−22% | $331M+13% | $231M−10% | $227M−3% | $264M+26% | $426M+29% | $288M+25% |
| $0.94 | $1.02 | $0.90 | $0.81 | $0.73−22% | $1.15+13% | $0.78−13% | $0.68−16% | $0.59−19% | $1.06−8% | $0.84+8% | |
| 281.9M | 283M | 283M | 284M | 284M+1% | 285M+1% | 293M+4% | 332M+17% | 339M+19% | 337M+18% | 334M+14% |
From each company's 10-Q and 10-K filings. Fiscal years are four fiscal quarters added up; balance sheet lines are as of the period's end. Growth is on the same period a year earlier.
Estimates
Next earnings report: .
Analyst consensus for the next eight quarters, with the range from the lowest to the highest estimate, is part of Superworth Pro.
Peers
Companies in Insurance - Brokers within ten times Brown & Brown's size, closest in size first.
| Company | Market cap | PE | Its 10y median PE | Fwd PE | P/S | Revenue growth | Net margin |
|---|---|---|---|---|---|---|---|
| BROBrown & Brown, Inc. | $20.7B | 19.5× | 29.0× | 3.0× | +34% | 17.7% | |
| WTWWillis Towers Watson Public Limited Company | $27B | 17.9× | 26.2× | 2.7× | +3% | 15.5% | |
| AONAon plc | $57.4B | 14.9× | 27.6× | 3.3× | +5% | 22.3% | |
| AJGArthur J. Gallagher & Co. | $58.2B | 37.7× | 35.1× | 3.7× | +26% | 10.0% | |
| MRSHMarsh & McLennan Companies, Inc. | $82.9B | 21.2× | 27.2× | 3.0× | +8% | 14.2% | |
| Peer median | $57.8B | 19.6× | 27.4× | 3.1× | +7% | 14.9% |
About
- Industry
- Insurance - Brokers
- Sector
- Financial Services
Valuation data, not investment advice. Prices as of .