Brown & Brown shares outstanding BRO
Diluted shares outstanding, averaged over each quarter, from 2009.
- Latest quarter, to Jun 30, 2026
- 334M
- On a year earlier
- +14.0%
- more shares
Brown & Brown had 334M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 14.0% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 340M | +18% |
| FY2024 | 287M | +3% |
| FY2023 | 280M | +0% |
| FY2022 | 278.9M | +0% |
| FY2021 | 278.2M | +0% |
| FY2020 | 277.4M | +1% |
| FY2019 | 274.9M | −0% |
| FY2018 | 275.2M | −0% |
| FY2017 | 276.3M | −0% |
| FY2016 | 276.9M | −0% |
| FY2015 | 278.2M | −2% |
| FY2014 | 284.5M | −1% |
| FY2013 | 286.1M | +0% |
| FY2012 | 285.5M | +1% |
| FY2011 | 281.4M | +1% |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 334M | +14% | |
| Q1 FY26 | 337M | +18% | |
| Q4 FY25 | 340M | +18% | |
| Q3 FY25 | 332M | +17% | |
| Q2 FY25 | 293M | +4% | |
| Q1 FY25 | 285M | +1% | |
| Q4 FY24 | 287M | +3% | |
| Q3 FY24 | 284M | +1% | |
| Q2 FY24 | 283M | +1% | |
| Q1 FY24 | 283M | +1% | |
| Q4 FY23 | 280M | +0% | |
| Q3 FY23 | 281.3M | +1% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on Brown & Brown
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.