The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

BRO

Concerning the House

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

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%
Quotation

$71.61

+0.55 (+0.8%)

52w hi$96.02
52w lo$54.25
Vol1.87M
As ofAug 13
The Verdict

Hold

Our score +0.16

Short-0.01
Medium+0.22
Long+0.38

computed 2026-08-13

By the Numbers

Brown & Brown, Inc.

Financial Services · Insurance Brokers

Market cap$23.96B
Enterprise value$30.95B
Trailing P/E22.88x
Forward P/E14.85x
EV / EBITDA10.70x
P / S (ttm)3.60x
Profit margin18.1%
Return on equity10.0%
Revenue growth+32.4%
Earnings growth+7.1%
Debt / equity63.98
Risk Metrics
Beta vs SPX0.19
Corr SPX0.11
Annual vol26.9%
Annual ret-13.2%
Sharpe-0.49
Max DD-56.3%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.31
Sector+0.09
Technical+0.06
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$71.64$71.79$70.00$71.611.87M
Aug 12$70.19$71.10$69.71$71.061.84M
Aug 11$70.81$71.92$70.12$71.442.04M
Aug 10$70.68$71.64$70.06$71.601.79M
Aug 7$70.35$72.19$69.96$71.431.67M