Brown & Brown, Inc. BRO

60.82 0.49 0.81% as of 25 Sep
Market cap
$20.2B
P/E
16.9×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years,
Insider Buys alert about insiders buying in the last 12 month

Brown & Brown, Inc. (BRO) EV/EBITDA

As of 25 September 2026, Brown & Brown, Inc. (BRO) trades at a EV/EBITDA of 9.9×. Over the past ten years it has ranged from 8.1× (January 2016) to 21.3× (April 2022); the current reading is higher than 9% of that period. That is below the Insurance Brokers industry median of 12.4× and in line with the Financial sector median of 9.5×.

EV/EBITDA, daily

Annual

Period EV/EBITDA Change
FY2025 14.1× (20.76%)
FY2024 17.8× 17.25%
FY2023 15.2× 3.18%
FY2022 14.7× (27.92%)
FY2021 20.4× 21.06%
FY2020 16.9× 7.11%
FY2019 15.8× 18.02%
FY2018 13.3× 12.23%
FY2017 11.9× 6.49%
FY2016 11.2× 25.56%

Quarterly

Period EV/EBITDA Change
Jun 2026 10.3× (10.05%)
Mar 2026 11.5× (18.67%)
Dec 2025 14.1× (26.84%)
Sep 2025 19.3× 15.51%
42 more quarters

Against its own ten years

Low 8.1× High 21.3×
Ten-year median 14.9×
Current reading's percentile 9

EV/EBITDA against peers

Company EV/EBITDA
ARX Accelerant Holdings compare 9.8×
BRO Brown & Brown, Inc. 9.9×
WTW Willis Towers Watson Public Limited Company compare 12.2×
MRSH Marsh compare 12.5×
AON Aon plc compare 13.2×
ERIE Erie Indemnity Company compare 13.8×
AJG Arthur J. Gallagher & Co. compare 17.6×
CRVL CorVel Corp. compare 19.1×
BWIN Baldwin Insurance Group, Inc. compare 62.3×
Insurance Brokers industry median 12.4×
Financial sector median 9.5×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

More on BRO