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Friday 6 November 2026 Export BRO’s income statement to Excel — free account

Brown & Brown, Inc.

BRO Financial Insurance Brokers

Brown & Brown, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.9 billion, up 22.8% from fiscal 2024.

Revenue
+7.41%
EPS
+9.04%
Free cash flow
+9.07%
Total debt
+0.40%

Quarter to September 2026, against a year earlier

74.01 0.12 +0.16%
Market cap
$24.7B
P/E
20.3×
Fwd P/E
20.5×
Dividend yield
0.91%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Brown & Brown, Inc. (BRO) Book value per share

Alert me on Book value per share

Brown & Brown, Inc.'s book value per share at the end of fiscal 2025 was 40.6×, up 77.7% from 22.8× in fiscal 2024. At the end of the quarter to 30 September 2026 it was 38.8×. Over the past ten years it has ranged from 7.8× (fiscal 2015) to 40.6× (fiscal 2025) — the current reading is the highest in ten years. Brown & Brown, Inc. ranks 5th of 23 Insurance Brokers companies by book value per share.

Book value per share, annual

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Annual newest first

Period Book value per share Change
FY2025 40.6× 77.68%
FY2024 22.8× 14.56%
FY2023 19.9× 20.24%
FY2022 16.6× 8.97%
FY2021 15.2× 11.10%
FY2020 13.7× 11.31%
FY2019 12.3× 11.04%
FY2018 11.1× 16.87%
FY2017 9.5× 9.31%
FY2016 8.7× 11.14%

Quarterly newest first

Period Book value per share Change
Sep 2026 38.8× 1.17%
Jun 2026 38.3× 0.57%
Mar 2026 38.1× (6.05%)
Dec 2025 40.6× 8.20%
43 more quarters

Against its own ten years

Low 7.8× High 40.6×
Ten-year median 13.7×
Current reading's percentile 100

Book value per share against peers

Company Book value per share
AJG Arthur J. Gallagher & Co. compare 93.8×
WTW Willis Towers Watson Public Limited Company compare 83.4×
ERIE Erie Indemnity Company compare 55.3×
AON Aon plc compare 48.0×
BRO Brown & Brown, Inc. 38.8×
MRSH Marsh compare 31.3×
BWIN Baldwin Insurance Group, Inc. compare 15.3×
CRVL CorVel Corp. compare 8.5×
RYAN Ryan Specialty Holdings Inc. compare 7.4×

What Book value per share is

BV per Share tells an investor how much of a company’s accounting net worth stands behind each share.

(Shareholders Equity (Total) ÷ Shares (Basic, Weighted))

The full definition of Book value per share →

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