BRO - Brown & Brown Inc Stock Price, Fair Value and News

85.09USD-0.15 (-0.18%)Delayed as of 08 May 2024, 01:32 pm ET

Market Summary

USD85.09-0.15

Delayedas of 08 May 2024, 01:32 pm

-0.18%

BRO Stock Price

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BRO RSI Chart

BRO Valuation

Market Cap

24.3B

Price/Earnings (Trailing)

26.21

Price/Sales (Trailing)

5.53

EV/EBITDA

18.47

Price/Free Cashflow

27.25

BRO Price/Sales (Trailing)

BRO Profitability

EBT Margin

27.64%

Return on Equity

16.63%

Return on Assets

6.27%

Free Cashflow Yield

3.67%

BRO Fundamentals

BRO Revenue

Revenue (TTM)

4.4B

Rev. Growth (Yr)

12.72%

Rev. Growth (Qtr)

22.59%

BRO Earnings

Earnings (TTM)

928.0M

Earnings Growth (Yr)

24.15%

Earnings Growth (Qtr)

9.15%

Breaking Down BRO Revenue

52 Week Range

61.7185.69

(Low)(High)

Last 7 days

4.6%

Last 30 days

0.1%

Last 90 days

8.0%

Trailing 12 Months

29.7%

How does BRO drawdown profile look like?

BRO Financial Health

Current Ratio

1.03

Debt/Equity

0.54

Debt/Cashflow

0.32

BRO Investor Care

Dividend Yield

0.58%

Dividend/Share (TTM)

0.5

Shares Dilution (1Y)

0.57%

Diluted EPS (TTM)

3.25

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	4.4B	0	0	0
2023	3.8B	4.0B	4.1B	4.3B
2022	3.1B	3.3B	3.4B	3.6B
2021	2.7B	2.9B	3.0B	3.1B
2020	2.5B	2.5B	2.6B	2.6B
2019	2.1B	2.2B	2.3B	2.4B
2018	1.9B	1.9B	2.0B	2.0B
2017	1.8B	1.8B	1.8B	1.9B
2016	1.7B	1.7B	1.7B	1.8B
2015	1.6B	1.6B	1.6B	1.7B
2014	1.4B	1.5B	1.5B	1.6B
2013	1.2B	1.3B	1.3B	1.4B
2012	1.1B	1.1B	1.1B	1.2B
2011	983.4M	986.6M	999.4M	1.0B
2010	969.3M	970.7M	972.1M	973.5M
2009	0	0	0	967.9M

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Brown & Brown Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 25, 2024	brown hyatt j	gifted	-	-	-950,000	chairman
Mar 20, 2024	walker chris l	acquired	-	-	1,462	evp and pres. programs segment
Mar 13, 2024	brown hyatt j	sold	-7,804,960	85.1355	-91,677	chairman
Mar 12, 2024	brown hyatt j	sold	-12,405,300	85.955	-144,323	chairman
Feb 25, 2024	penny jerome scott	sold (taxes)	-884,773	84.24	-10,503	evp chief acquisitions officer
Feb 25, 2024	turpin julie	sold (taxes)	-174,461	84.24	-2,071	evp/chief people officer
Feb 25, 2024	watts r. andrew	sold (taxes)	-1,179,360	84.24	-14,000	evp, cfo and treasurer
Feb 25, 2024	walker chris l	sold (taxes)	-358,020	84.24	-4,250	evp and pres. programs segment
Feb 25, 2024	brown p barrett	sold (taxes)	-672,067	84.24	-7,978	evp and pres.- retail segment
Feb 25, 2024	boyd stephen m	sold (taxes)	-506,451	84.24	-6,012	evp/ pres wholesale brokerage

Which funds bought or sold BRO recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Integrated Advisors Network LLC	sold off	-100	-2,060,700	-	-%
May 06, 2024	NEW YORK LIFE INVESTMENT MANAGEMENT LLC	reduced	-3.67	444,719	2,836,650	0.03%
May 06, 2024	Candriam S.C.A.	reduced	-10.79	1,510,660	16,891,800	0.11%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	added	9.52	6,944,000	26,883,000	0.17%
May 06, 2024	NewEdge Wealth, LLC	new	-	238,608	238,608	-%
May 06, 2024	DiNuzzo Private Wealth, Inc.	unchanged	-	526	2,802	-%
May 06, 2024	Empowered Funds, LLC	added	19.43	98,257	307,178	0.01%
May 06, 2024	Savant Capital, LLC	added	5.56	334,067	1,449,550	0.02%
May 06, 2024	Quantbot Technologies LP	reduced	-55.88	-962,432	1,144,060	0.06%
May 06, 2024	Advisory Services Network, LLC	reduced	-6.07	415,669	3,075,120	0.07%

Are Funds Buying or Selling BRO?

Are funds buying BRO calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BRO

No. of Funds

Unveiling Brown & Brown Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	select equity group, l.p.	5.0%	14,310,766	SC 13G/A
Feb 13, 2024	vanguard group inc	9.89%	28,152,200	SC 13G/A
Jan 29, 2024	blackrock inc.	5.7%	16,347,696	SC 13G/A
Feb 14, 2023	select equity group, l.p.	6.1%	17,261,734	SC 13G/A
Feb 09, 2023	vanguard group inc	9.81%	27,779,153	SC 13G/A
Feb 01, 2023	blackrock inc.	5.8%	16,545,072	SC 13G/A
Feb 14, 2022	select equity group, l.p.	6.5%	18,275,989	SC 13G
Feb 01, 2022	blackrock inc.	6.9%	19,349,635	SC 13G/A
Jan 10, 2022	vanguard group inc	10.01%	28,277,849	SC 13G/A
Feb 10, 2021	vanguard group inc	8.62%	24,488,374	SC 13G/A

Recent SEC filings of Brown & Brown Inc

View All Filings

Date Filed	Form Type	Document
Apr 25, 2024	4	Insider Trading
Apr 24, 2024	10-Q	Quarterly Report
Apr 22, 2024	8-K	Current Report
Apr 11, 2024	8-K	Current Report
Apr 09, 2024	8-K	Current Report
Mar 25, 2024	ARS	ARS
Mar 25, 2024	DEF 14A	DEF 14A
Mar 25, 2024	DEFA14A	DEFA14A
Mar 21, 2024	4	Insider Trading
Mar 14, 2024	4	Insider Trading

Peers (Alternatives to Brown & Brown Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.0T	1.3B	1.04%	3195.96%	-4.9K	773.83	-10.27%	-34.69%
AJG	53.6B	10.6B	0.45%	13.83%	49.04	5.04	20.42%	-6.05%
AIG	53.3B	48.4B	3.31%	49.36%	11.03	1.1	-4.15%	-20.63%
TRV	49.7B	42.9B	-6.01%	18.86%	15.83	1.16	13.52%	12.15%
AFL	48.1B	19.3B	-0.90%	25.15%	8.99	2.49	3.03%	17.35%
ACGL	36.7B	13.6B	3.49%	28.99%	8.27	2.7	41.83%	201.02%
AFG	10.8B	8.0B	-2.57%	11.52%	12.28	1.36	11.14%	7.56%
MID-CAP
UNM	9.9B	12.6B	-2.35%	17.17%	7.52	0.79	4.24%	-13.40%
AIZ	9.3B	11.1B	-0.68%	35.68%	14.45	0.83	9.21%	132.28%
LNC	5.0B	11.9B	-5.21%	37.41%	3.67	0.41	-33.27%	234.43%
AEL	4.5B	2.8B	-0.20%	45.14%	21.34	1.58	100.59%	-89.04%
SMALL-CAP
BRP	1.7B	1.3B	0.25%	17.87%	-31.85	1.37	18.74%	30.90%
AMSF	911.0M	308.9M	0.21%	-15.21%	14.77	2.95	3.79%	10.94%
AMBC	815.9M	314.0M	13.99%	19.72%	14.19	2.6	-29.20%	-88.19%
AAME	35.9M	186.8M	-18.72%	-19.82%	-209.99	0.19	-0.56%	-111.21%

Brown & Brown Inc News

Latest updates

Brown & Brown Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	22.6%	1,258	1,026	1,068	1,047	1,116	901	928	840	905	739	770	727	815	642	674	599	698	579	619	575	619
Operating Expenses	33.3%	894	671	825	793	822	707	710	641	640	598	574	541	576	511	515	469	493	477	467	452	471
EBITDA Margin	1.8%	0.33*	0.32*	0.29*	0.30*	0.29*	0.30*	0.28*	0.28*	0.28*	0.28*	-	-	-	-	-	-	-	-	-	-	-
Interest Expenses	0.5%	48.00	48.00	48.00	48.00	47.00	45.00	42.00	36.00	18.00	16.00	16.00	16.00	16.00	17.00	13.00	14.00	15.00	16.00	16.00	16.00	15.00
Income Taxes	-18.2%	71.00	87.00	66.00	64.00	58.00	49.00	57.00	54.00	45.00	39.00	50.00	47.00	40.00	34.00	25.00	33.00	53.00	26.00	36.00	31.00	35.00
Earnings Before Taxes	2.5%	364	355	242	254	294	194	218	199	265	141	197	186	239	131	159	129	205	102	152	124	149
EBT Margin	2.7%	0.28*	0.27*	0.24*	0.24*	0.24*	0.25*	0.24*	0.25*	0.25*	0.25*	-	-	-	-	-	-	-	-	-	-	-
Net Income	9.1%	293	268	176	190	236	145	161	145	220	102	146	139	200	97.00	134	97.00	152	77.00	116	93.00	114
Net Income Margin	3.2%	0.21*	0.20*	0.18*	0.18*	0.18*	0.19*	0.18*	0.19*	0.19*	0.19*	-	-	-	-	-	-	-	-	-	-	-
Free Cashflow	-100.0%	-	275	302	315	48.00	261	240	234	94.00	171	-	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.5%	14,806	14,883	13,983	14,072	13,400	13,974	13,658	12,280	11,273	9,795	9,629	9,358	8,911	8,967	8,795	8,201	7,582	7,623	7,681	7,165	6,806
Current Assets	-2.4%	5,005	5,130	4,845	4,895	4,356	4,996	4,851	5,330	4,309	3,330	3,398	3,192	2,793	2,958	3,164	2,705	2,284	2,495	2,607	2,292	1,995
Cash Equivalents	-17.0%	581	700	756	628	563	2,033	580	2,384	2,426	693	785	625	512	1,272	1,070	623	386	963	498	433	322
Net PPE	0.7%	272	270	250	245	242	240	239	215	215	212	208	209	206	201	188	174	159	149	129	123	117
Goodwill	0.6%	7,386	7,341	6,846	6,865	6,730	6,674	6,522	5,149	5,141	4,737	4,565	4,514	4,473	4,396	4,124	4,023	3,882	3,746	3,702	3,552	3,513
Current Liabilities	-1.5%	4,880	4,956	4,591	4,158	3,813	4,597	4,239	2,900	2,439	2,667	2,889	2,801	2,241	2,354	2,240	2,258	1,891	2,045	2,149	1,907	1,647
Long Term Debt	-6.8%	3,009	3,227	3,145	3,762	3,680	3,692	4,040	4,156	3,497	1,980	1,755	1,762	2,009	2,026	2,043	1,566	1,483	1,500	1,514	1,427	1,440
LT Debt, Current	53.8%	875	569	563	53.00	246	251	68.00	68.00	43.00	43.00	290	300	70.00	70.00	66.00	63.00	59.00	55.00	55.00	55.00	55.00
LT Debt, Non Current	-6.8%	3,009	3,227	3,145	3,762	3,680	3,692	4,040	4,156	3,497	1,980	1,755	1,762	2,009	2,026	2,043	1,566	1,483	1,500	1,514	1,427	1,440
Shareholder's Equity	3.7%	5,787	5,579	5,199	5,073	4,845	4,607	4,311	4,283	4,335	4,197	4,108	3,946	3,831	3,754	3,702	3,584	3,480	3,350	3,315	3,181	3,098
Retained Earnings	4.8%	5,544	5,289	5,057	4,914	4,756	4,553	4,440	4,308	4,192	4,001	3,928	3,808	3,694	3,521	3,452	3,342	3,269	3,141	3,088	2,995	2,925
Additional Paid-In Capital	-2.3%	1,003	1,027	987	927	908	920	903	836	824	849	830	785	773	795	764	749	718	716	704	653	621
Shares Outstanding	0%	285	285	284	284	284	283	283	282	283	283	282	282	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	16,289	-	-	-	15,295	-	-	-	12,475	-	-	-	9,601	-	-	-	7,854	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-95.7%	13,000	305,400	315,600	328,500	60,000	281,600	253,600	242,600	103,600	181,000	247,900	241,900	138,000	173,412	122,889	382,882	33,817	231,060	141,417	300,347	5,356
Share Based Compensation	29.5%	29,000	22,400	21,800	21,200	24,000	15,800	16,300	13,900	20,100	14,300	14,000	14,000	18,700	16,235	13,378	21,040	9,047	12,315	10,551	11,134	12,994
Cashflow From Investing	77.6%	-88,000	-393,700	-58,600	-91,700	-43,000	-	-1,445,100	-21,700	-445,800	-190,400	-70,100	-53,900	-82,400	-306,849	-125,822	-157,220	-169,209	-73,949	-155,157	-68,605	-115,874
Cashflow From Financing	-175.8%	-67,000	88,400	-221,600	67,500	-121,000	-151,100	-189,400	767,500	1,298,400	55,000	-101,300	22,900	-186,700	-96,529	442,570	61,364	-52,405	-68,731	73,554	-41,848	-42,191
Dividend Payments	2.4%	38,000	37,100	32,700	32,200	33,000	32,600	29,000	29,000	28,900	29,000	26,000	26,100	26,100	28,525	24,089	24,084	23,902	23,912	22,551	22,533	22,348
Buy Backs	-	-	-	-	-	100	-	-	50,000	24,100	-	1,200	11,400	70,000	47,787	5,884	-	1,429	28,929	9,742	20,000	-

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BRO Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
REVENUES
Commissions and fees	$ 1,237	$ 1,108
Investment income	18	7
Other income, net	3	1
Total revenues	1,258	1,116
EXPENSES
Employee compensation and benefits	631	571
Other operating expenses	161	161
(Gain)/loss on disposal	2	(6)
Amortization	43	41
Depreciation	11	10
Interest	48	47
Change in estimated acquisition earn-out payables	(2)	(2)
Total expenses	894	822
Income before income taxes	364	294
Income taxes	71	58
Net income before non-controlling interests	293	236
Net income attributable to the Company	$ 293	$ 236
Net income per share:
Basic	$ 1.03	$ 0.83
Diluted	$ 1.02	$ 0.83

BRO Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current Assets:
Cash and cash equivalents	$ 581	$ 700
Fiduciary cash	1,569	1,603
Short-term investments	10	11
Commission, fees and other receivables	932	790
Fiduciary receivables	1,133	1,125
Reinsurance recoverable	65	125
Prepaid reinsurance premiums	428	462
Other current assets	287	314
Total current assets	5,005	5,130
Fixed assets, net	272	270
Operating lease assets	197	199
Goodwill	7,386	7,341
Amortizable intangible assets, net	1,592	1,621
Investments	21	21
Other assets	333	301
Total assets	14,806	14,883
Current Liabilities:
Fiduciary liabilities	2,702	2,727
Losses and loss adjustment reserve	72	131
Unearned premiums	488	462
Accounts payable	322	459
Accrued expenses and other liabilities	421	608
Current portion of long-term debt	875	569
Total current liabilities	4,880	4,956
Long-term debt less unamortized discount and debt issuance costs	3,009	3,227
Operating lease liabilities	178	179
Deferred income taxes, net	614	616
Other liabilities	338	326
Equity:
Common stock, par value $0.10 per share; authorized 560 shares; issued 305 shares and outstanding 285 shares at 2024, issued 304 shares and outstanding 285 shares at 2023, respectively	30	30
Additional paid-in capital	1,003	1,027
Treasury stock, at cost 20 shares at 2024, 20 shares at 2023, respectively.	(748)	(748)
Accumulated other comprehensive loss	(51)	(19)
Non-controlling interests	9
Retained earnings	5,544	5,289
Total equity	5,787	5,579
Total liabilities and equity	$ 14,806	$ 14,883

About Brown & Brown Inc

Brown & Brown, Inc. markets and sells insurance products and services in the United States, Canada, Ireland, the United Kingdom, and internationally. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment provides property and casualty, employee benefits insurance products, personal insurance products, specialties insurance products, risk management strategies, loss control survey and analysis, consultancy, and claims processing services. It serves commercial, public and quasi-public entities, professional, and individual customers. The National Programs segment offers professional liability and related package insurance products for dentistry, legal, eyecare, insurance, financial, physicians, 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; and program management services for insurance carrier partners. The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance through independent agents and brokers. The Services segment offers third-party claims administration and medical utilization management services in the workers' compensation and all-lines liability arenas, Medicare Set-aside, Social Security disability, Medicare benefits advocacy, and claims adjusting services. Brown & Brown, Inc. was founded in 1939 and is headquartered in Daytona Beach, Florida.

CEO	Mr. J. Powell Brown C.P.C.U., CPCU
WEBSITE	bbinsurance.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	15201

Brown & Brown Inc Frequently Asked Questions

What is the ticker symbol for Brown & Brown Inc? What does BRO stand for in stocks?

BRO is the stock ticker symbol of Brown & Brown Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Brown & Brown Inc (BRO)?

As of Tue May 07 2024, market cap of Brown & Brown Inc is 24.32 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BRO stock?

You can check BRO's fair value in chart for subscribers.

What is the fair value of BRO stock?

You can check BRO's fair value in chart for subscribers. The fair value of Brown & Brown Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Brown & Brown Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BRO so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Brown & Brown Inc a good stock to buy?

The fair value guage provides a quick view whether BRO is over valued or under valued. Whether Brown & Brown Inc is cheap or expensive depends on the assumptions which impact Brown & Brown Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BRO.

What is Brown & Brown Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, BRO's PE ratio (Price to Earnings) is 26.21 and Price to Sales (PS) ratio is 5.53. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BRO PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Brown & Brown Inc's stock?

In the past 10 years, Brown & Brown Inc has provided 0.202 (multiply by 100 for percentage) rate of return.