Saturday 17 October 2026 Export BRO’s income statement to Excel — free account

Brown & Brown, Inc.

Brown & Brown, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.9 billion, up 22.8% from fiscal 2024. In the quarter to June 2026, revenue grew 30.4%, EPS grew 8.86%, free cash flow grew 6.75% and total debt rose 2.84%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for twenty-five consecutive years, revenue growth for ten, operating cash flow growth for ten; insiders bought in the last twelve months.

69.40 1.42 +2.09%

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Market cap: $22.8B
P/E: 19.3×
Fwd P/E: 17.6×
Dividend yield: 0.95%
F-score: 4/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
P/E ratio Full definition →	24.36	17.86	22.23	27.80	28.05	33.79	23.90	23.12	29.32	23.37
Piotroski F-Score Full definition →	8	5	5	6	5	8	4	6	7	4
P/S ratio Full definition →	3.45	3.70	3.71	4.50	4.98	6.36	4.41	4.65	5.99	4.19
P/FCF ratio Full definition →	15.32	16.50	14.06	17.17	19.95	24.86	17.72	18.90	24.76	17.76
P/Operating CF Full definition →	66.39	54.22	35.22	46.56	74.99	107.17	56.01	64.74	79.69	55.65
P/B ratio Full definition →	2.59	2.70	2.49	3.21	3.46	4.62	3.42	3.55	4.47	1.97
Price to Tangible BV Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EV/Sales Full definition →	3.62	3.78	4.07	4.74	5.29	6.54	4.94	5.00	6.26	4.87
EV/EBITDA Full definition →	11.17	11.90	13.35	15.76	16.88	20.43	14.73	15.19	17.82	14.12
EV/Operating CF Full definition →	15.56	16.10	14.44	16.74	19.39	24.67	20.04	21.09	25.63	19.84
EV/FCF Full definition →	16.06	16.86	15.44	18.11	21.21	25.56	19.86	20.33	25.90	20.68
Quick Ratio Full definition →	0.94	0.93	0.95	0.96	1.03	2.30	1.88	1.95	1.79	1.66
Current Ratio Full definition →	0.94	0.93	0.95	0.96	1.03	2.30	1.88	1.95	1.79	1.66
Net Debt/EBITDA Full definition →	0.51	0.25	1.19	0.82	1.01	0.57	1.59	1.06	0.78	1.99
Debt/Assets Full definition →	20.41%	16.98%	22.53%	20.40%	23.37%	20.65%	28.21%	25.51%	21.71%	25.38%
Debt/Equity Full definition →	0.46	0.38	0.50	0.46	0.56	0.48	0.86	0.68	0.59	0.61
Asset Turnover Full definition →	0.34	0.34	0.32	0.33	0.32	0.33	0.30	0.30	0.30	0.25
Operating CF/Net income Full definition →	1.64	1.13	1.69	1.76	1.53	1.41	1.34	1.18	1.20	1.39
Capex/Depreciation Full definition →	(0.12)	(0.18)	(0.33)	(0.39)	(0.45)	(0.19)	0.04	0.58	(0.06)	(0.16)
Interest Coverage Full definition →	11.73	12.74	12.40	9.26	11.58	12.74	7.21	7.03	7.75	5.62
ROE Full definition →	11.12%	15.78%	12.03%	12.14%	13.10%	14.44%	14.97%	16.85%	16.33%	10.97%
ROA Full definition →	4.89%	7.08%	5.40%	5.39%	5.61%	6.12%	5.55%	5.95%	6.04%	4.38%
ROIC Full definition →	9.98%	10.28%	7.75%	8.34%	8.52%	10.04%	8.40%	10.13%	10.50%	5.15%
Return on Tangible Assets Full definition →	(3,342.92%)	(628.06%)	6,440.91%	570.64%	178.01%	32.53%	28.70%	35.99%	32.83%	32.50%
Average Days of Receivables Full definition →	119.95	198.71	164.94	152.79	159.60	153.04	240.61	174.91	268.76	222.64
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Intangible Assets out of Total Assets Full definition →	0.64	0.58	0.65	0.61	0.61	0.59	0.59	0.60	0.56	0.67
Share Based Compensation of Revenue Full definition →	0.91%	1.63%	1.66%	1.96%	2.28%	2.00%	1.85%	2.09%	2.10%	1.58%
Graham Net Nets Full definition →	(0.25)	(0.19)	(0.27)	(0.21)	(0.22)	(0.15)	(0.32)	(0.25)	(0.18)	(0.42)
Graham Number Full definition →	13.40	17.46	17.58	19.82	22.81	26.68	29.73	37.04	42.28	55.78
Earnings Yield Full definition →	4.11%	5.60%	4.50%	3.60%	3.56%	2.96%	4.18%	4.33%	3.41%	4.28%
Free Cash Flow Yield Full definition →	6.53%	6.06%	7.11%	5.83%	5.01%	4.02%	5.64%	5.29%	4.04%	5.63%
Revenue per Share Full definition →	6.49	6.90	7.43	8.78	9.53	11.06	12.85	15.20	17.04	19.04
Operating CF per Share Full definition →	1.51	1.62	2.09	2.49	2.60	2.93	3.17	3.61	4.16	4.68
Capex per Share Full definition →	(0.05)	(0.07)	(0.13)	(0.19)	(0.22)	(0.10)	0.03	0.14	(0.04)	(0.19)
Free Cash Flow per Share Full definition →	1.46	1.55	1.96	2.30	2.38	2.83	3.20	3.74	4.12	4.49
Cash per Share Full definition →	2.87	3.02	2.87	3.53	4.64	5.33	7.31	8.23	8.87	11.45
Shareholders Equity per Share Full definition →	8.67	9.48	11.07	12.30	13.69	15.21	16.57	19.93	22.83	40.56
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	8.67	9.48	11.07	12.30	13.69	15.21	16.57	19.93	22.83	40.56
Free Cash Flow Full definition →	398.23	421.88	530.99	626.66	651.90	780.40	889.00	1,048.00	1,162.00	1,391.00
Working Capital Full definition →	(83.31)	(139.16)	(95.18)	(81.05)	60.28	1,552.90	2,056.50	2,114.00	2,669.00	2,842.00
Capital Expenditures Full definition →	(12.81)	(20.10)	(36.54)	(51.52)	(61.10)	(28.40)	8.00	38.00	(12.00)	(59.00)
Net Current Asset Value Full definition →	(1,540.67)	(1,316.54)	(2,000.29)	(2,308.23)	(2,797.64)	(2,848.90)	(4,978.40)	(4,961.00)	(5,135.00)	(10,268.00)
EV/EBIT Full definition →	13.81	14.58	16.30	19.25	20.24	24.10	17.36	15.95	20.11	17.25
Capex to Sales Full definition →	0.01	0.01	0.02	0.02	0.02	0.01	0.00	(0.01)	0.00	0.01
Price to Operating Income Full definition →	14.41	15.48	16.15	20.45	20.84	25.43	17.98	17.29	22.08	18.02
Other line items
Depreciation/Fixed assets Full definition →	1.44	1.43	1.11	0.88	0.68	0.70	0.76	0.24	0.61	1.01
Cash ROIC Full definition →	9.45%	9.63%	10.05%	10.68%	9.15%	10.15%	8.40%	8.97%	9.10%	5.86%
Accounts Receivable Turnover Full definition →	3.38	2.34	2.08	2.50	2.44	2.52	1.97	1.94	1.72	1.65
Accounts Payable Turnover Full definition →	0.82	0.70	0.69	0.84	0.81	1.25	1.62	1.69	1.36	1.13
Inventory Turnover Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Days of Payables Full definition →	468.54	601.35	496.38	461.12	486.01	155.64	309.34	175.57	378.20	337.52
Days of Inventory on Hand Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Average Receivables Full definition →	523.21	802.39	967.22	955.78	1,072.03	1,211.06	1,817.35	2,197.65	2,789.00	3,569.00
Average Payables Full definition →	1,125.51	1,413.20	1,546.20	1,553.16	1,782.63	1,305.31	1,118.95	1,295.95	1,772.50	2,603.50
Average Assets Full definition →	5,133.61	5,505.14	6,218.11	7,155.74	8,294.66	9,380.95	11,884.45	14,428.25	16,247.50	23,801.50
Average Common Equity Full definition →	2,254.99	2,471.46	2,791.63	3,175.42	3,552.25	3,975.56	4,401.75	5,092.80	6,008.00	9,505.00

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