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BRO

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

92.46USD-0.77 (-0.83%)Market Closed

Market Summary

BRO
USD92.46-0.77
Market Closed
-0.83%

BRO Stock Price

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BRO RSI Chart

BRO Valuation

Market Cap

26.4B

Price/Earnings (Trailing)

28.43

Price/Sales (Trailing)

6

EV/EBITDA

19.89

Price/Free Cashflow

29.56

BRO Price/Sales (Trailing)

BRO Profitability

EBT Margin

27.64%

Return on Equity

16.03%

Return on Assets

6.27%

Free Cashflow Yield

3.38%

BRO Fundamentals

BRO Revenue

Revenue (TTM)

4.4B

Rev. Growth (Yr)

12.72%

Rev. Growth (Qtr)

22.59%

BRO Earnings

Earnings (TTM)

927.8M

Earnings Growth (Yr)

24.15%

Earnings Growth (Qtr)

9.15%

Breaking Down BRO Revenue

Last 7 days

-1.4%

Last 30 days

0.1%

Last 90 days

12.5%

Trailing 12 Months

30.2%

How does BRO drawdown profile look like?

BRO Financial Health

Current Ratio

1.03

Debt/Equity

0.52

Debt/Cashflow

0.32

BRO Investor Care

Dividend Yield

0.54%

Dividend/Share (TTM)

0.5

Shares Dilution (1Y)

0.57%

Diluted EPS (TTM)

3.25

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20244.4B000
20233.8B4.0B4.1B4.3B
20223.1B3.3B3.4B3.6B
20212.7B2.9B3.0B3.1B
20202.5B2.5B2.6B2.6B
20192.1B2.2B2.3B2.4B
20181.9B1.9B2.0B2.0B
20171.8B1.8B1.8B1.9B
20161.7B1.7B1.7B1.8B
20151.6B1.6B1.6B1.7B
20141.4B1.5B1.5B1.6B
20131.2B1.3B1.3B1.4B
20121.1B1.1B1.1B1.2B
2011983.4M986.6M999.4M1.0B
2010969.3M970.7M972.1M973.5M
2009000967.9M
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Tracking the Latest Insider Buys and Sells of Brown & Brown Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 07, 2024
turpin julie
sold
-301,232
89.92
-3,350
evp/chief people officer
May 08, 2024
main timothy r.m.
acquired
-
-
1,407
-
May 08, 2024
krump paul j
acquired
-
-
1,407
-
May 08, 2024
masojada bronislaw edmund
acquired
-
-
1,407
-
May 08, 2024
hoepner theodore j
acquired
-
-
1,407
-
May 08, 2024
jennings toni
acquired
-
-
1,407
-
May 08, 2024
reilly wendell
acquired
-
-
1,407
-
May 08, 2024
savio kathleen a.
acquired
-
-
1,407
-
May 08, 2024
hunt james s
acquired
-
-
1,407
-
May 08, 2024
varner chilton d
acquired
-
-
1,407
-

1–10 of 50

Which funds bought or sold BRO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jul 19, 2024
Raymond James Financial Services Advisors, Inc.
added
40.26
1,736,400
5,751,080
0.01%
Jul 19, 2024
Marshall Financial Group LLC
new
-
1,003,360
1,003,360
0.28%
Jul 19, 2024
NISA INVESTMENT ADVISORS, LLC
added
0.04
129,809
6,101,880
0.04%
Jul 19, 2024
HARBOR INVESTMENT ADVISORY, LLC
sold off
-100
-4,640
-
-%
Jul 19, 2024
RAYMOND JAMES & ASSOCIATES
reduced
-6.1
-1,754,820
41,098,400
0.03%
Jul 19, 2024
Venturi Wealth Management, LLC
added
8,000
386,352
391,080
0.02%
Jul 19, 2024
Integrated Investment Consultants, LLC
unchanged
-
-
807,819
0.22%
Jul 19, 2024
Boston Trust Walden Corp
added
0.31
215,618
8,990,890
0.07%
Jul 19, 2024
First Pacific Financial
added
1,100
2,956
3,219
-%
Jul 19, 2024
First Horizon Advisors, Inc.
added
16.09
20,615
131,617
-%

1–10 of 50

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 FiledName of FilerPercent of ClassNo. of SharesForm Type
Jul 10, 2024
vanguard group inc
10.06%
28,695,553
SC 13G/A
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

Recent SEC filings of Brown & Brown Inc

View All Filings
Date Filed Form Type Document
Jul 10, 2024
SC 13G/A
Major Ownership Report
Jun 27, 2024
144
Notice of Insider Sale Intent
Jun 20, 2024
11-K
Employee Benefit Details
Jun 11, 2024
8-K
Current Report
Jun 07, 2024
144
Notice of Insider Sale Intent
Jun 07, 2024
4
Insider Trading
Jun 06, 2024
424B5
Prospectus Filed
Jun 05, 2024
8-K
Current Report
Jun 04, 2024
424B5
Prospectus Filed
Jun 04, 2024
FWP
Prospectus Filed

Peers (Alternatives to Brown & Brown Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.0T
1.3B
-22.03% 75.10%
-5.8K
916.93
-10.27% -34.69%
59.1B
10.6B
3.21% 23.85%
54.08
5.56
20.42% -6.04%
52.8B
19.3B
4.40% 28.35%
9.87
2.73
3.03% 17.35%
49.4B
48.4B
0.39% 23.54%
10.23
1.02
-4.15% -20.63%
46.4B
44.1B
-2.39% 17.22%
12.58
1.05
13.76% 65.04%
36.1B
14.4B
-4.67% 17.90%
7.44
2.5
32.92% 143.01%
10.5B
8.0B
-1.19% 4.32%
11.88
1.31
11.14% 7.56%
10.1B
12.6B
8.40% 9.13%
7.68
0.81
4.24% -13.40%
MID-CAP
14.9B
3.2B
-16.02% 181.07%
21.01
4.71
64.05% -34.59%
8.8B
11.4B
0.81% 31.10%
11.53
0.78
9.81% 217.29%
5.4B
11.9B
1.98% 16.58%
4.02
0.45
-33.27% 234.43%
2.5B
1.3B
19.60% 57.66%
-45.49
1.95
18.74% 30.90%
SMALL-CAP
909.1M
308.9M
11.34% -12.33%
14.74
2.94
3.79% 10.94%
566.7M
314.0M
-0.16% -9.60%
9.86
1.8
-29.20% -88.19%
33.3M
187.5M
-5.78% -10.44%
-45.99
0.18
2.74% 73.83%

Brown & Brown Inc News

Latest updates
Defense World6 hours ago
American Banking and Market News19 Jul 202402:41 pm
American Banking and Market News19 Jul 202412:35 pm
Brown & Brown Insurance2 months ago
Brown & Brown Insurance6 months ago

Brown & Brown Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue22.6%1,2581,0261,0681,0471,116901928840905739770727815642674599698579619575619
Operating Expenses33.3%894671825793822707710641640598574541576511515469493477467452471
EBITDA Margin1.8%0.33*0.32*0.29*0.30*0.29*0.30*0.28*0.28*0.28*0.28*-----------
Interest Expenses0.5%48.0048.0048.0048.0047.0045.0042.0036.0018.0016.0016.0016.0016.0017.0013.0014.0015.0016.0016.0016.0015.00
Income Taxes-18.2%71.0087.0066.0064.0058.0049.0057.0054.0045.0039.0050.0047.0040.0034.0025.0033.0053.0026.0036.0031.0035.00
Earnings Before Taxes2.5%364355242254294194218199265141197186239131159129205102152124149
EBT Margin2.7%0.28*0.27*0.24*0.24*0.24*0.25*0.24*0.25*0.25*0.25*-----------
Net Income9.1%29326817619023614516114522010214613920097.0013497.0015277.0011693.00114
Net Income Margin3.1%0.21*0.20*0.18*0.18*0.18*0.19*0.18*0.19*0.19*0.19*-----------
Free Cashflow-100.0%-27530231548.0026124023494.00171-----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.5%14,80614,88313,98314,07213,40013,97413,65812,28011,2739,7959,6299,3588,9118,9678,7958,2017,5827,6237,6817,1656,806
  Current Assets-2.4%5,0055,1304,8454,8954,3564,9964,8515,3304,3093,3303,3983,1922,7932,9583,1642,7052,2842,4952,6072,2921,995
    Cash Equivalents-17.0%5817007566285632,0335802,3842,4266937856255121,2721,070623386963498433322
  Net PPE0.7%272270250245242240239215215212208209206201188174159149129123117
  Goodwill0.6%7,3867,3416,8466,8656,7306,6746,5225,1495,1414,7374,5654,5144,4734,3964,1244,0233,8823,7463,7023,5523,513
  Current Liabilities-1.5%4,8804,9564,5914,1583,8134,5974,2392,9002,4392,6672,8892,8012,2412,3542,2402,2581,8912,0452,1491,9071,647
  Long Term Debt-6.8%3,0093,2273,1453,7623,6803,6924,0404,1563,4971,9801,7551,7622,0092,0262,0431,5661,4831,5001,5141,4271,440
    LT Debt, Current53.8%87556956353.0024625168.0068.0043.0043.0029030070.0070.0066.0063.0059.0055.0055.0055.0055.00
    LT Debt, Non Current-6.8%3,0093,2273,1453,7623,6803,6924,0404,1563,4971,9801,7551,7622,0092,0262,0431,5661,4831,5001,5141,4271,440
Shareholder's Equity3.7%5,7875,5795,1995,0734,8454,6074,3114,2834,3354,1974,1083,9463,8313,7543,7023,5843,4803,3503,3153,1813,098
  Retained Earnings4.8%5,5445,2895,0574,9144,7564,5534,4404,3084,1924,0013,9283,8083,6943,5213,4523,3423,2693,1413,0882,9952,925
  Additional Paid-In Capital-2.3%1,0031,027987927908920903836824849830785773795764749718716704653621
Shares Outstanding0%285285284284284283283282283283282282---------
Float----16,289---15,295---12,475---9,601---7,854-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-95.7%13,000305,400315,600328,50060,000281,600253,600242,600103,600181,000247,900241,900138,000173,412122,889382,88233,817231,060141,417300,3475,356
  Share Based Compensation29.5%29,00022,40021,80021,20024,00015,80016,30013,90020,10014,30014,00014,00018,70016,23513,37821,0409,04712,31510,55111,13412,994
Cashflow From Investing77.6%-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%-67,00088,400-221,60067,500-121,000-151,100-189,400767,5001,298,40055,000-101,30022,900-186,700-96,529442,57061,364-52,405-68,73173,554-41,848-42,191
  Dividend Payments2.4%38,00037,10032,70032,20033,00032,60029,00029,00028,90029,00026,00026,10026,10028,52524,08924,08423,90223,91222,55122,53322,348
  Buy Backs-----100--50,00024,100-1,20011,40070,00047,7875,884-1,42928,9299,74220,000-
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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 income187
Other income, net31
Total revenues1,2581,116
EXPENSES  
Employee compensation and benefits631571
Other operating expenses161161
(Gain)/loss on disposal2(6)
Amortization4341
Depreciation1110
Interest4847
Change in estimated acquisition earn-out payables(2)(2)
Total expenses894822
Income before income taxes364294
Income taxes7158
Net income before non-controlling interests293236
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 cash1,5691,603
Short-term investments1011
Commission, fees and other receivables932790
Fiduciary receivables1,1331,125
Reinsurance recoverable65125
Prepaid reinsurance premiums428462
Other current assets287314
Total current assets5,0055,130
Fixed assets, net272270
Operating lease assets197199
Goodwill7,3867,341
Amortizable intangible assets, net1,5921,621
Investments2121
Other assets333301
Total assets14,80614,883
Current Liabilities:  
Fiduciary liabilities2,7022,727
Losses and loss adjustment reserve72131
Unearned premiums488462
Accounts payable322459
Accrued expenses and other liabilities421608
Current portion of long-term debt875569
Total current liabilities4,8804,956
Long-term debt less unamortized discount and debt issuance costs3,0093,227
Operating lease liabilities178179
Deferred income taxes, net614616
Other liabilities338326
Equity:  
Common stock, par value $0.10 per share; authorized 560 shares; issued 305 shares and outstanding 285 shares at 2024, issued 304 shares and outstanding 285 shares at 2023, respectively3030
Additional paid-in capital1,0031,027
Treasury stock, at cost 20 shares at 2024, 20 shares at 2023, respectively.(748)(748)
Accumulated other comprehensive loss(51)(19)
Non-controlling interests9 
Retained earnings5,5445,289
Total equity5,7875,579
Total liabilities and equity$ 14,806$ 14,883
BRO
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
 WEBSITEbbinsurance.com
 INDUSTRYInsurance Property & Casualty
 EMPLOYEES15201

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 Fri Jul 19 2024, market cap of Brown & Brown Inc is 26.37 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 Fri Jul 19 2024, BRO's PE ratio (Price to Earnings) is 28.43 and Price to Sales (PS) ratio is 6. 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 0.204 (multiply by 100 for percentage) rate of return.