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BRO

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

81.03USD-0.87 (-1.06%)Market Closed

Market Summary

BRO
USD81.03-0.87
Market Closed
-1.06%

BRO Alerts

  • 1 major insider sales recently.

BRO Stock Price

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BRO RSI Chart

BRO Valuation

Market Cap

23.2B

Price/Earnings (Trailing)

26.6

Price/Sales (Trailing)

5.44

EV/EBITDA

18.67

Price/Free Cashflow

24.63

BRO Price/Sales (Trailing)

BRO Profitability

EBT Margin

26.92%

Return on Equity

15.6%

Return on Assets

5.85%

Free Cashflow Yield

4.06%

BRO Fundamentals

BRO Revenue

Revenue (TTM)

4.3B

Rev. Growth (Yr)

13.84%

Rev. Growth (Qtr)

-3.89%

BRO Earnings

Earnings (TTM)

870.5M

Earnings Growth (Yr)

85.06%

Earnings Growth (Qtr)

52.76%

Breaking Down BRO Revenue

Last 7 days

-5.2%

Last 30 days

-4.6%

Last 90 days

8.7%

Trailing 12 Months

37.9%

How does BRO drawdown profile look like?

BRO Financial Health

Current Ratio

1.03

Debt/Equity

0.58

Debt/Cashflow

0.31

BRO Investor Care

Dividend Yield

0.59%

Dividend/Share (TTM)

0.48

Shares Dilution (1Y)

0.53%

Diluted EPS (TTM)

3.06

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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
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
Feb 25, 2024
brown j powell
sold (taxes)
-3,931,650
84.24
-46,672
president and ceo

1–10 of 50

Which funds bought or sold BRO recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 12, 2024
AdvisorNet Financial, Inc
reduced
-34.15
-552
2,364
-%
Apr 12, 2024
ARMSTRONG ADVISORY GROUP, INC
unchanged
-
-
28,444
-%
Apr 12, 2024
DNB Asset Management AS
added
1.49
681,555
3,415,020
0.02%
Apr 12, 2024
FIRST FINANCIAL CORP /IN/
unchanged
-
888
4,727
-%
Apr 12, 2024
First PREMIER Bank
new
-
40,000
40,000
0.01%
Apr 12, 2024
Triad Investment Management
reduced
-4.85
466,688
3,191,070
3.87%
Apr 12, 2024
Wallace Advisory Group, LLC
new
-
215,249
215,249
0.16%
Apr 12, 2024
HARBOR INVESTMENT ADVISORY, LLC
new
-
4,640
4,640
-%
Apr 12, 2024
GATEWAY INVESTMENT ADVISERS LLC
added
0.56
78,035
405,923
-%
Apr 11, 2024
CONGRESS ASSET MANAGEMENT CO /MA
added
20.54
39,900,400
122,346,000
0.87%

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
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 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
Mar 13, 2024
144
Notice of Insider Sale Intent
Mar 12, 2024
144
Notice of Insider Sale Intent
Mar 04, 2024
8-K
Current Report

Peers (Alternatives to Brown & Brown Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.0T
1.2B
1.59% 3149.83%
-4.8K
823.49
-25.27% -3.53%
50.6B
41.4B
0.03% 31.25%
16.93
1.22
12.15% 5.24%
50.3B
10.1B
-8.31% 15.80%
51.87
5
17.79% -12.97%
49.7B
46.8B
-4.23% 41.99%
13.65
1.06
-14.05% -64.38%
46.3B
18.7B
-4.86% 21.24%
9.94
2.48
-2.30% 5.45%
33.6B
13.6B
-2.29% 27.80%
7.56
2.46
41.83% 201.02%
10.6B
7.8B
-4.77% 5.07%
12.39
1.35
11.18% -5.12%
MID-CAP
9.6B
12.4B
-4.15% 24.78%
7.45
0.77
3.35% -8.77%
9.0B
11.1B
-4.81% 48.51%
13.95
0.81
9.21% 132.28%
4.7B
11.6B
2.95% 33.00%
-6.29
0.41
-38.09% -155.38%
4.4B
2.8B
-1.48% 49.05%
20.79
1.54
100.59% -89.04%
SMALL-CAP
1.6B
1.2B
-7.10% 7.33%
-18.16
1.34
24.25% -115.79%
924.8M
306.9M
-4.35% -6.68%
14.89
3.01
4.11% 11.70%
647.2M
269.0M
-4.79% -5.17%
143.82
2.41
-46.68% -99.14%
43.7M
186.8M
-21.03% -14.06%
-255.33
0.23
-0.56% -111.21%

Brown & Brown Inc News

Latest updates
Yahoo Finance Australia14 hours ago
Brown & Brown Insurance2 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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-3.9%1,0261,0681,0471,116901928840905739770727815642674599698579619575619509
Operating Expenses-18.7%671825793822707710641640598574541576511515469493477467452471408
EBITDA Margin10.0%0.32*0.29*0.30*0.29*0.30*0.28*0.28*0.28*0.28*0.29*-----------
Interest Expenses0.8%48.0048.0048.0047.0045.0042.0036.0018.0016.0016.0016.0016.0017.0013.0014.0015.0016.0016.0016.0015.0012.00
Income Taxes30.2%86.0066.0064.0059.0049.0057.0054.0045.0039.0050.0047.0040.0034.0025.0033.0053.0026.0036.0031.0035.0027.00
Earnings Before Taxes46.6%355242254294194218199265141197186239131159129205102152124149101
EBT Margin12.9%0.27*0.24*0.24*0.24*0.25*0.24*0.25*0.25*0.25*0.25*-----------
Net Income52.8%26917619023614516114522010214613920097.0013497.0015277.0011693.0011473.00
Net Income Margin13.1%0.20*0.18*0.18*0.18*0.19*0.18*0.19*0.19*0.19*0.20*-----------
Free Cashflow-8.8%27530231548.0026124023494.00171238-----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets6.4%14,88313,98314,07213,40013,97413,65812,28011,2739,7959,6299,3588,9118,9678,7958,2017,5827,6237,6817,1656,8066,689
  Current Assets5.9%5,1304,8454,8954,3564,9964,8515,3304,3093,3303,3983,1922,7932,9583,1642,7052,2842,4952,6072,2921,9952,167
    Cash Equivalents-7.3%7007566285646505802,3842,4266937856255121,2721,070623386963498433322778
  Net PPE8.0%270250245242240239215215212208209206201188174159149129123117100
  Goodwill7.2%7,3416,8466,8656,7306,6746,5225,1495,1414,7374,5654,5144,4734,3964,1244,0233,8823,7463,7023,5523,5133,433
  Current Liabilities8.0%4,9574,5914,1583,8134,5974,2392,9002,4392,6672,8892,8012,2412,3542,2402,2581,8912,0452,1491,9071,6471,783
  Long Term Debt2.6%3,2273,1453,7623,6803,6924,0404,1563,4971,9801,7551,7622,0092,0262,0431,5661,4831,5001,5141,4271,4401,457
    LT Debt, Current1.1%56956353.0024625168.0068.0043.0043.0029030070.0070.0066.0063.0059.0055.0055.0055.0055.0050.00
    LT Debt, Non Current2.6%3,2273,1453,7623,6803,6924,0404,1563,4971,9801,7551,7622,0092,0262,0431,5661,4831,5001,5141,4271,4401,457
Shareholder's Equity7.3%5,5795,1995,0734,8454,6074,3114,2834,3354,1974,1083,9463,8313,7543,7023,5843,4803,3503,3153,1813,0983,001
  Retained Earnings4.6%5,2895,0574,9144,7564,5534,4404,3084,1924,0013,9283,8083,6943,5213,4523,3423,2693,1413,0882,9952,9252,834
  Additional Paid-In Capital4.1%1,027987927908920903836824849830785773795764749718716704653621615
Shares Outstanding0.1%285284284284283283282283283282282282---------
Float---16,289---15,295---12,475---9,601---7,854-6,378
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-3.2%305,400315,600328,70059,800281,600253,600242,600103,600181,000247,900241,900138,000173,412122,889382,88233,817231,060141,417300,3475,356212,012
  Share Based Compensation2.8%22,40021,80020,80024,40015,80016,30013,90020,10014,30014,00014,00018,70016,23513,37821,0409,04712,31510,55111,13412,9949,997
Cashflow From Investing-571.8%-393,700-58,600-91,500-43,200--1,445,100-21,700-445,800-190,400-70,100-53,900-82,400-306,849-125,822-157,220-169,209-73,949-155,157-68,605-115,874-680,068
Cashflow From Financing139.9%88,400-221,60067,100-120,600-151,100-189,400767,5001,298,40055,000-101,30022,900-186,700-96,529442,57061,364-52,405-68,73173,554-41,848-42,191520,965
  Dividend Payments13.5%37,10032,70032,60032,60032,60029,00029,00028,90029,00026,00026,10026,10028,52524,08924,08423,90223,91222,55122,53322,34822,334
  Buy Backs----100--50,00024,100-1,20011,40070,00047,7875,884-1,42928,9299,74220,000-80,000

BRO Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
REVENUES   
Commissions and fees$ 4,199.4$ 3,563.2$ 3,047.5
Investment income52.46.51.1
Other income, net5.33.72.8
Total revenues4,257.13,573.43,051.4
EXPENSES   
Employee compensation and benefits2,186.61,816.91,636.9
Other operating expenses649.9596.8403.0
(Gain)/loss on disposal(143.3)(4.5)(9.6)
Amortization166.0146.6119.6
Depreciation40.039.233.3
Interest190.0141.265.0
Change in estimated acquisition earn-out payables21.8(38.9)40.4
Total expenses3,111.02,697.32,288.6
Income before income taxes1,146.1876.1762.8
Income taxes275.6204.3175.7
Net income$ 870.5$ 671.8$ 587.1
Net income per share:   
Basic$ 3.07$ 2.38$ 2.08
Diluted3.052.372.07
Dividends declared per share$ 0.48$ 0.42$ 0.38

BRO Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current Assets:  
Cash and cash equivalents$ 700.3$ 650.0
Fiduciary cash1,602.61,383.2
Short-term investments11.012.0
Commission, fees and other receivables789.7642.9
Fiduciary receivables1,124.6881.4
Reinsurance recoverable125.2831.0
Prepaid reinsurance premiums461.5393.2
Other current assets315.0202.3
Total current assets5,129.94,996.0
Fixed assets, net270.3239.9
Operating lease assets198.8214.9
Goodwill7,340.86,674.2
Amortizable intangible assets, net1,620.81,595.2
Investments21.022.4
Other assets301.8230.9
Total assets14,883.413,973.5
Current Liabilities:  
Fiduciary liabilities2,727.22,264.6
Losses and loss adjustment reserve131.5841.1
Unearned premiums462.4412.3
Accounts payable458.9286.5
Accrued expenses and other liabilities608.2541.5
Current portion of long-term debt568.7250.6
Total current liabilities4,956.94,596.6
Long-term debt less unamortized discount and debt issuance costs3,226.93,691.5
Operating lease liabilities178.6195.9
Deferred income taxes, net616.2584.0
Other liabilities326.0298.9
Shareholders’ Equity:  
Common stock, par value $0.10 per share; authorized 560.0 shares; issued 304.2 shares and outstanding 284.6 shares at 2023, issued 302.9 shares and outstanding 283.2 shares at 2022, respectively30.430.3
Additional paid-in capital1,027.1919.7
Treasury stock, at cost at 19.7 shares at 2023 and 19.7 shares at 2022, respectively.(748.1)(748.0)
Accumulated other comprehensive loss(19.1)(148.4)
Retained earnings5,288.54,553.0
Total shareholders’ equity5,578.84,606.6
Total liabilities and shareholders’ equity$ 14,883.4$ 13,973.5
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 Mon Apr 15 2024, market cap of Brown & Brown Inc is 23.16 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 Mon Apr 15 2024, BRO's PE ratio (Price to Earnings) is 26.6 and Price to Sales (PS) ratio is 5.44. 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 0.194 (multiply by 100 for percentage) rate of return.