SuperworthBrown & Brown profit margin BRO
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 17.7%
- Operating margin, 12 months
- 28.7%
- Net margin on a year earlier
- −2.1 pts
- Peer median
- 14.1%
Over the twelve months to Jun 30, 2026, Brown & Brown kept 17.7% of its revenue as net profit, with an operating margin of 28.7%.
Five years earlier its net margin was 20.0%.
The median for 10 insurance brokers of a similar size is 14.1%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 17.8% | 28.2% |
| FY2024 | 20.7% | 31.1% |
| FY2023 | 20.4% | 31.4% |
| FY2022 | 18.8% | 28.5% |
| FY2021 | 19.2% | 27.1% |
| FY2020 | 18.4% | 26.1% |
| FY2019 | 16.7% | 24.6% |
| FY2018 | 17.1% | 25.0% |
| FY2017 | 21.2% | 25.9% |
| FY2016 | 14.6% | 26.2% |
| FY2015 | 14.7% | 26.6% |
| FY2014 | 13.1% | 23.4% |
| FY2013 | 15.9% | 27.4% |
| FY2012 | 15.3% | 26.7% |
| FY2011 | 16.2% | 28.1% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 17.7% | −2.1 pts | 28.7% | |
| Q1 FY26 | 17.9% | −2.9 pts | 28.5% | |
| Q4 FY25 | 17.8% | −2.8 pts | 28.2% | |
| Q3 FY25 | 18.2% | −4.4 pts | 28.6% | |
| Q2 FY25 | 19.9% | −2.1 pts | 30.1% | |
| Q1 FY25 | 20.8% | −0.3 pts | 31.4% | |
| Q4 FY24 | 20.7% | +0.2 pts | 31.1% | |
| Q3 FY24 | 22.6% | +4.6 pts | 33.9% | |
| Q2 FY24 | 22.0% | +3.6 pts | 33.1% | |
| Q1 FY24 | 21.1% | +2.9 pts | 32.0% | |
| Q4 FY23 | 20.4% | +1.6 pts | 31.4% | |
| Q3 FY23 | 18.1% | −0.3 pts | 28.4% |
Against its peers
Companies in Insurance - Brokers nearest Brown & Brown's size, closest first, today.
| Company | Profit margin |
|---|---|
| BROBrown & Brown | 17.7% |
| WTWWillis Towers Watson Public | 15.5% |
| ERIEErie Indemnity | 14.0% |
| RYANRyan Specialty | 3.1% |
| AONAon | 22.3% |
| AJGArthur J. Gallagher | 10.0% |
| ACTEnact | 54.5% |
| MRSHMarsh & McLennan Companies | 14.2% |
| HGTYHagerty | 1.8% |
| CRVLCorvel | 11.7% |
| NPNeptune Insurance | 22.7% |
| Peer median | 14.1% |
Where Brown & Brown ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Brown & Brown
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.