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BROWN & BROWN, INC.

BRO

$71.42 ▲ +0.23 (+0.32%) at close

19 Visible periods

35 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Good

Bullish

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Analytical Summary

BROWN & BROWN, INC. shows strong fundamentals with top-quartile Profit Margin (%) and Operating Margin (%). The company's metrics support a bullish outlook for growth-oriented investors.

Market Cap $22.1B

Dividend Yield 0.87%

Revenue Growth 22.8% ↗

Op. Margin 23.2% ↘

ROIC None

FCF / Share None

Trailing P/E 21.2x

Price / Book —

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Aug 7, 2026.

19-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$5.90B

↑ +22.8% —

Net Income Profit after all expenses

$1.05B

↑ +6.1% —

Operating Margin Operating profit as % of sales

23.2%

↓ -14.3% 79th

Long-Term Debt Long-term obligations

$7.61B

↑ +99.1% —

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Bullish Indicators

Operating Margin (%)Operating Margin (%) is in the top quartile
Profit Margin (%)Profit Margin (%) is in the top quartile

warning

Bearish Risks

No bearish risks detected.

Health Breakdown

Profitability ↓

Dividend History

Dividend / share · sourced from SEC filings

$0.62 Latest / share

+14.8% YoY

+10.6% 12-yr CAGR

$0.20

FY 2014

$0.23

FY 2015

$0.50

FY 2016

$0.28

FY 2017

$0.31

FY 2018

$0.33

FY 2019

$0.35

FY 2020

$0.38

FY 2021

$0.42

FY 2022

$0.48

FY 2023

$0.54

FY 2024

$0.62

FY 2025

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Revenue Growth YoY (%)	22.8% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+281%)	12.9% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+115%)	19.1% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+219%)	17.1% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+185%)	16.8% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+179%)	9.2% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+54%)	18.8% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+213%)	7.1% Fair ↑ Fair Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+18%)	6.5% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+8%)	6.4% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+7%)	5.4% Fair ↓ Fair Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-10%)	15.6% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+160%)	13.6% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+127%)	18.4% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+207%)	4.1% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-31%)	0.6% Caution Caution Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-90%)	-1.0% Weak Weak Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-116%)	—	—
EPS Growth YoY (%)	-3.2% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	13.4% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	29.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	14.4% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	22.4% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	19.7% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	14.5% Fair ↓ Fair Declining Year-over-year change in earnings per share Optimal: > 10%	-13.3% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-22.3% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	114.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	20.3% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	-4.7% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	17.2% Good ↑ Good Improving Year-over-year change in earnings per share Optimal: > 10%	11.3% Fair ↑ Fair Improving Year-over-year change in earnings per share Optimal: > 10%	0.9% Caution ↑ Caution Improving Year-over-year change in earnings per share Optimal: > 10%	5.6% Fair Fair Year-over-year change in earnings per share Optimal: > 10%	-8.5% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	—	—
Net Income Growth YoY (%)	6.1% Fair ↓ Fair Declining Year-over-year change in net income	14.1% Fair ↓ Fair Declining Year-over-year change in net income	29.6% Excellent ↑ Excellent Improving Year-over-year change in net income	14.4% Fair ↓ Fair Declining Year-over-year change in net income	22.2% Good ↑ Good Improving Year-over-year change in net income	20.6% Good ↑ Good Improving Year-over-year change in net income	15.8% Good → Good Stable Year-over-year change in net income	-13.9% Weak ↓ Weak Declining Year-over-year change in net income	55.2% Excellent ↑ Excellent Improving Year-over-year change in net income	5.8% Fair ↓ Fair Declining Year-over-year change in net income	17.6% Good ↑ Good Improving Year-over-year change in net income	-4.7% Weak ↓ Weak Declining Year-over-year change in net income	18.0% Good ↑ Good Improving Year-over-year change in net income	12.2% Fair ↑ Fair Improving Year-over-year change in net income	1.4% Caution ↑ Caution Improving Year-over-year change in net income	5.5% Fair Fair Year-over-year change in net income	-7.7% Weak Weak Year-over-year change in net income	—	—
FCF Growth YoY (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Revenue CAGR 3Y (%)	18.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	16.3% Excellent → Excellent Stable Compound annual revenue growth over 3 years	17.7% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	14.3% Good ↑ Good Improving Compound annual revenue growth over 3 years	14.8% Good ↑ Good Improving Compound annual revenue growth over 3 years	11.6% Good ↑ Good Improving Compound annual revenue growth over 3 years	10.6% Good ↑ Good Improving Compound annual revenue growth over 3 years	6.6% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	6.1% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	9.0% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	11.4% Good → Good Stable Compound annual revenue growth over 3 years	15.8% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	11.9% Good ↑ Good Improving Compound annual revenue growth over 3 years	7.4% Fair Fair Compound annual revenue growth over 3 years	1.2% Weak Weak Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	17.7% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	15.0% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	16.1% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	13.7% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	11.6% Good ↑ Good Improving Compound annual revenue growth over 5 years	9.5% Good ↑ Good Improving Compound annual revenue growth over 5 years	8.7% Good ↓ Good Declining Compound annual revenue growth over 5 years	8.1% Good ↓ Good Declining Compound annual revenue growth over 5 years	9.4% Good ↓ Good Declining Compound annual revenue growth over 5 years	11.8% Good ↑ Good Improving Compound annual revenue growth over 5 years	11.3% Good ↑ Good Improving Compound annual revenue growth over 5 years	10.2% Good Good Compound annual revenue growth over 5 years	6.9% Fair Fair Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	12.3% Good ↓ Good Declining Compound annual EPS growth over 3 years	18.7% Excellent ↓ Excellent Declining Compound annual EPS growth over 3 years	21.8% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	18.8% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	18.8% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	5.9% Fair ↓ Fair Declining Compound annual EPS growth over 3 years	-8.3% Weak ↓ Weak Declining Compound annual EPS growth over 3 years	13.0% Good ↓ Good Declining Compound annual EPS growth over 3 years	26.0% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	34.9% Excellent ↑ Excellent Improving Compound annual EPS growth over 3 years	10.4% Good ↑ Good Improving Compound annual EPS growth over 3 years	7.5% Fair ↑ Fair Improving Compound annual EPS growth over 3 years	9.6% Fair ↑ Fair Improving Compound annual EPS growth over 3 years	5.8% Fair Fair Compound annual EPS growth over 3 years	-0.9% Weak Weak Compound annual EPS growth over 3 years	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Operating Margin (%) (%)	23.2% Good ↓ Good Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-7%)	27.1% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+8%)	26.9% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+8%)	24.5% Good → Good Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	25.0% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	23.9% Good ↑ Good Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	22.0% Good Good Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-12%)	23.0% Good Good Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-8%)	—	—	—	—	—	25.4% Excellent ↓ Excellent Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	26.7% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+7%)	27.3% Excellent Excellent Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+9%)	—	—	—
Effective Tax Rate (%) (%)	22.2% Fair ↓ Fair Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	23.1% Fair → Fair Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	24.0% Fair → Fair Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	23.3% Fair → Fair Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	23.0% Fair ↓ Fair Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	23.0% Fair ↓ Fair Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	24.2% Fair Fair Actual taxes paid relative to pre-tax income Optimal: 15-25%	25.6% Caution Caution Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—	39.6% Weak → Weak Stable Actual taxes paid relative to pre-tax income Optimal: 15-25%	39.4% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	39.2% Weak Weak Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—
Profit Margin (%) (%)	17.9% Good ↓ Good Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-19%)	20.7% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-6%)	20.4% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-7%)	18.8% Good → Good Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-15%)	19.2% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-13%)	18.4% Good → Good Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-16%)	16.7% Good ↓ Good Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-24%)	17.1% Good → Good Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-22%)	21.2% Excellent ↑ Excellent Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: At sector avg	14.6% Fair → Fair Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-34%)	14.7% Fair → Fair Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-33%)	13.1% Fair ↓ Fair Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-40%)	15.9% Good → Good Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-28%)	15.3% Good ↓ Good Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-30%)	16.2% Good → Good Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-26%)	16.6% Good → Good Stable Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-24%)	15.8% Good Good Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-28%)	17.0% Good Good Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-23%)	—
FCF Margin (%) (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF / Net Income (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Return on Invested Capital (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Capital (%) (%)	3.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	5.6% Caution → Caution Stable Operating profit relative to total assets Optimal: > 10%	5.8% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	4.8% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	6.0% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	5.4% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	5.2% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	5.1% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	7.0% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	4.9% Caution → Caution Stable Operating profit relative to total assets Optimal: > 10%	4.9% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	4.2% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	5.9% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	5.9% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	6.3% Caution ↓ Caution Declining Operating profit relative to total assets Optimal: > 10%	6.7% Caution Caution Operating profit relative to total assets Optimal: > 10%	6.9% Caution Caution Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	—	—	15.6% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+30%)	14.6% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+22%)	14.0% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+17%)	12.8% Fair → Fair Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+7%)	11.9% Fair ↓ Fair Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	11.5% Fair ↓ Fair Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: At sector avg	15.5% Good ↑ Good Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+29%)	10.9% Fair → Fair Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-9%)	11.3% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-6%)	9.8% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-18%)	10.8% Fair ↑ Fair Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-10%)	10.2% Fair → Fair Stable Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-15%)	10.0% Caution ↓ Caution Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-17%)	10.7% Fair ↓ Fair Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-11%)	11.2% Fair Fair Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-7%)	13.4% Fair Fair Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+11%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Debt to Equity (x)	—	—	0.68x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-43%)	0.86x Fair ↑ Fair Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-29%)	0.48x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-60%)	0.56x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-53%)	0.46x Good → Good Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-61%)	0.50x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-58%)	0.38x Good ↓ Good Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-69%)	0.45x Good → Good Stable Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-62%)	0.55x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-54%)	0.58x Good ↑ Good Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-52%)	0.24x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-80%)	0.25x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-79%)	0.15x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-87%)	0.17x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-86%)	0.18x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-85%)	—	—
Interest Coverage (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Debt (USD) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt / EBITDA (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

📊 What does each share earn? 8 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Revenue per Share (USD)	$19.04	$17.04	$15.23	$12.88	$11.05K	$9.53K	$8.78	$7.43	$6.90	$12.98	$6.02	$5.59	$4.83	$4.31	$3.66	$3.53	$3.53	$3.59	—
Basic EPS, GAAP (USD)	$3.37	$3.48	$3.07	$2.38	$2.08	$1.70	$1.42	$1.24	$1.43	$1.84	$0.86	$0.71	$0.75	$0.64	$0.57	$0.57	$0.54	$0.59	—
Free Cash Flow per Share (USD) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividend per Share (USD)	$0.62	$0.54	$0.48	$0.42	$0.38	$0.35	$0.33	$0.31	$0.28	$0.50	$0.23	$0.20	$0.18	$0.17	$0.16	$0.16	$0.15	$0.14	—
Book Value per Share (USD)	—	—	$19.60	$16.27	$14.86	$13.27	$11.89	$10.73	$9.35	$16.85	$7.73	$7.37	$6.90	$6.28	$5.73	$5.27	$4.82	$4.55	—
Tangible Book Value per Share (USD)	—	—	$-11.89	$-12.93	$-5.74	$-5.98	$-4.66	$-4.76	$-2.80	$-7.30	$-4.25	$-3.94	$-2.12	$-1.64	$-0.61	$-0.60	$-0.61	$4.55	—
Basic Weighted Avg Shares (shares)	310.00M	282.00M	279.60M	277.50M	276,024	274,334	272.47M	270.97M	272.58M	136.14M	275.62M	281.89M	282.07M	278.73M	277.16M	275.85M	274.35M	272.64M	—
Dividend Payout Ratio (%)	—	—	15.6% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	17.6% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	18.3% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	20.6% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	23.2% Excellent → Excellent Stable Dividends paid as a percentage of earnings Optimal: 30-60%	25.0% Excellent → Excellent Stable Dividends paid as a percentage of earnings Optimal: 30-60%	19.6% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	27.2% Excellent → Excellent Stable Dividends paid as a percentage of earnings Optimal: 30-60%	26.2% Excellent → Excellent Stable Dividends paid as a percentage of earnings Optimal: 30-60%	28.7% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	24.7% Excellent ↓ Excellent Declining Dividends paid as a percentage of earnings Optimal: 30-60%	27.0% Excellent → Excellent Stable Dividends paid as a percentage of earnings Optimal: 30-60%	28.3% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	27.4% Excellent ↑ Excellent Improving Dividends paid as a percentage of earnings Optimal: 30-60%	28.0% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	24.2% Excellent Excellent Dividends paid as a percentage of earnings Optimal: 30-60%	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Working Capital (USD) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
LT Debt (USD)	$7.61B	$3.82B	$3.80B	$3.94B	$2.02B	$2.10B	$1.56B	$1.51B	$976.14M	$1.07B	$1.15B	$1.20B	$480.00M	$450.09M	$251.26M	$251.73M	$250.21M	—	—
Total Equity (USD)	—	—	$5.58B	$4.61B	$4.20B	$3.75B	$3.35B	$3.00B	$2.58B	$2.36B	$2.15B	$2.11B	$2.01B	$1.81B	$1.64B	$1.51B	$1.37B	$1.24B	$1.10B

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Sales/Revenue/Turnover (USD)	$5.90B	$4.80B	$4.26B	$3.57B	$3.05B	$2.61B	$2.39B	$2.01B	$1.88B	$1.77B	$1.66B	$1.58B	$1.36B	$1.20B	$1.01B	$973.49M	$967.88M	$977.55M	—
Depreciation Expense (USD)	$55.00M	$44.00M	$40.00M	$39.20M	$33.31M	$26.28M	$23.42M	$22.83M	$22.70M	$21.00M	$20.89M	$20.89M	$17.48M	$15.37M	$12.39M	$12.64M	$13.24M	$13.29M	—
Net Income, GAAP (USD)	$1.05B	$993.00M	$870.50M	$671.80M	$587.10M	$480.48M	$398.51M	$344.25M	$399.63M	$257.49M	$243.32M	$206.90M	$217.11M	$184.04M	$164.00M	$161.75M	$153.29M	$166.12M	—
Operating Cash Flow (USD)	$1.45B	$1.17B	$1.01B	$881.40M	$942.47M	$721.65M	$678.18M	$567.53M	—	—	—	—	$389.37M	$220.31M	$237.53M	$296.05M	$221.59M	$341.75M	—

🏛️ Sector-Specific 1 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗	FY 2007 Dec 31, 2007 10-K ↗
Premiums Earned (USD)	$83.00M	$77.00M	$27.70M	$26.40M	$18.00K	$16.00K	$13.00K	$17.00K	$13.00K	$18.00K	$21.00K	$8.00K	—	—	—	—	—	—	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 19 years · 72 quarters

BROWN & BROWN, INC.

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19-Year Financial Trajectory

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