Insurance brokers with the highest profit margins
Net income over the last twelve months as a share of revenue. As of .
- Ranked
- 17
- of 23 insurance brokers we cover
- Median
- 10.0%
- Highest
- 54.5%
- ACT
- Range
- −8.7% to 54.5%
median 10.0%
−8.7%54.5%
| # | Company | Net margin | Operating margin | Revenue growth (TTM) | Market cap |
|---|---|---|---|---|---|
| 1 | ACTEnact | 54.5% | n/m | +2.5% | $6.6B |
| 2 | NPNeptune Insurance | 22.7% | 41.3% | +33.8% | $3.9B |
| 3 | AONAon | 22.3% | 26.5% | +4.9% | $64.4B |
| 4 | BROBrown & Brown | 17.7% | 28.7% | +34.2% | $24.4B |
| 5 | WTWWillis Towers Watson Public | 15.5% | 22.2% | +3.0% | $30.2B |
| 6 | MRSHMarsh & McLennan Companies | 14.2% | 21.4% | +7.6% | $93.9B |
| 7 | ERIEErie Indemnity | 14.0% | 17.9% | +3.7% | $13.3B |
| 8 | CRVLCorvel | 11.7% | n/m | +7.1% | $4.2B |
| 9 | AJGArthur J. Gallagher | 10.0% | 16.7% | +26.3% | $68.7B |
| 10 | GSHDGoosehead Insurance | 8.8% | 23.3% | +17.7% | $1.7B |
| 11 | EHTHeHealth | 5.4% | 10.8% | −8.4% | $17M |
| 12 | SLQTSelectQuote | 3.8% | 4.6% | +6.0% | $54.1M |
| 13 | RYANRyan Specialty | 3.1% | 14.8% | +14.4% | $11.2B |
| 14 | CRD-ACrawford | 1.8% | 4.7% | −4.1% | $603.7M |
| 15 | HGTYHagerty | 1.8% | n/m | +8.5% | $5.4B |
| 16 | BWINBaldwin Insurance | −4.7% | −6.9% | +18.9% | $4.5B |
| 17 | EQHEquitable | −8.7% | n/m | −22.1% | $14.4B |
Not ranked: 2 with under $50M of revenue, 1 with a margin moved by items that are not sales. 3 companies whose data behind this number has a caveat are left out until it is checked.
A ranking of numbers, not a recommendation. A low multiple can be a bargain or a business in trouble: open the company to see which.