Inside the research

Brown & Brown, Inc.

BRO Research profile · latest available data

Price overview

$60.82

▲ +0.49 (+0.8%)

52w hi$95.04
52w lo$54.25
Vol2.00M
As of25 Sep 2026

The Verdict

Hold

Our score -0.10

Short-0.27
Medium-0.10
Long+0.22

computed 2026-09-27

Key fundamentals

Brown & Brown, Inc.

Financial Services · Insurance Brokers

Market cap$20.35B
Enterprise value$27.52B
Trailing P/E19.43x
Forward P/E12.60x
EV / EBITDA9.52x
P / S (ttm)3.05x
Profit margin18.1%
Return on equity10.0%
Revenue growth+32.4%
Earnings growth+7.1%
Debt / equity63.98

Layer Breakdown

LayerRawContribution
Fundamental+0.33
Sector+0.02
Technical-0.20
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

Brown & Brown, Inc. markets and sells insurance products and services in the United States, the United Kingdom, and internationally. It operates through Retail and Specialty Distribution segments. The Retail segment provides property and casualty insurance products, employee benefits insurance products, personal insurance products, specialties insurance products, risk management strategies, loss control surveys and analysis, consulting, and claims processing services. This segment also offers non-insurance services and products through automobile and recreational vehicle dealer services businesses. It serves commercial, public and quasi-public entities, professionals, and individual customers. The Specialty Distribution segment comprises wholesale brokerage and specialty businesses. This segment offers professional liability and related package insurance products for dentistry, legal, eyecare, financial services, physicians, and real estate title professionals, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities. This segment also provides public entity-related and specialty programs through a network of independent agents, as well as program management services for insurance carrier partners. In addition, the company's wholesale brokerage businesses underwrite and place excess and surplus commercial and personal lines insurance through independent agents and brokers. Its program businesses operate under the Arrowhead Programs name. The company was formerly known as Poe & Brown, Inc. and changed its name to Brown & Brown, Inc. in April 1999. Brown & Brown, Inc. was founded in 1939 and is headquartered in Daytona Beach, Florida.

United States · www.bbrown.com

Risk Metrics

Beta vs SPX0.20
Corr SPX0.12
Annual vol27.6%
Annual ret-21.5%
Sharpe-0.78
Max DD-56.3%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$73.80
High / Low$90.00 / $65.00
Median$72.00
Analysts15
Strong Buy1
Buy3
Hold14
Sell0
Strong Sell0

Recent rating actions

2026-05-06Citigroup→ Buy
2026-04-29Wells Fargo→ Equal-Weight
2026-04-29Truist Securities→ Buy
2026-04-29RBC Capital→ Sector Perform
2026-04-29Keefe, Bruyette & Woods→ Market Perform
2026-04-14B of A Securities→ Neutral

Material Events

DateEvent8-K
2026-08-10Officer / Director Changeread
2026-07-27Earnings Release, Exhibitsread
2026-06-05Material Agreement, Material Obligationread
2026-05-07Officer / Director Change, Shareholder Voteread
2026-04-27Earnings Release, Exhibitsread
2026-04-09Reg FD Disclosure, Exhibitsread
2026-03-04Officer / Director Change, Exhibitsread
2026-03-02Reg FD Disclosure, Exhibitsread
2026-01-26Earnings Release, Exhibitsread
2025-10-27Earnings Release, Exhibitsread
2025-10-20Officer / Director Changeread
2025-08-22Earnings Release, Reg FD Disclosure…read

Flow & Concentration

Insider 180d net$0
Insider buys / sells0 / 0
Insider biasNeutral
13F holders10
Top-5 share96.4%
HHI2,877 (concentrated)

Top Holders

HolderValueShares
Fidelity / FMR LLC$1.18B18.41M
State Street Corp$931.08M14.51M
Norges Bank (Norway sovereign)$752.32M11.73M
Capital Research / Capital World$108.53M1.69M
AQR Capital Management$61.13M963.78K
Renaissance Technologies$58.00M904.20K
Citadel Advisors$50.47M786.79K
Millennium Management$2.75M42.79K
Bridgewater Associates$1.16M18.02K
T. Rowe Price Group$34.84K543.17K

As of 2026-06-30

Dividends

Yield (TTM)0.54%
$ / share (TTM)$0.33
5y CAGR+12.1%

Annual dividend per share

2021$0.38
2022$0.42
2023$0.48
2024$0.54
2025$0.61
2026$0.17

SEC Filings

DateFormDoc
2026-08-108-Kview
2026-07-278-Kview
2026-07-2710-Qview
2026-06-2511-Kview
2026-06-104view
2026-06-058-Kview
2026-05-078-Kview
2026-05-064view
2026-05-064view
2026-05-064view
2026-05-064view
2026-05-064view
2026-05-064view
2026-05-064view
2026-05-064view

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$5.90B+12.8%
Net income$1.05B+13.3%
Cash from ops$1.45B+17.2%

Indices

S&P 500

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$60.14$61.72$60.14$60.822.00M
Sep 24$62.11$62.43$60.17$60.331.81M
Sep 23$61.41$62.48$61.41$61.702.49M
Sep 22$64.65$64.65$61.45$62.443.72M
Sep 21$65.11$65.73$64.14$64.302.33M

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