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. 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%
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

Brown & Brown, Inc. (BRO) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Brown & Brown, Inc. (BRO) trades at a P/E ratio of 19.3×. Over the past ten years it has ranged from 15.4× (May 2026) to 35.3× (March 2025); the current reading is higher than 13% of that period. That is below the Insurance Brokers industry median of 25.2× and above the Financial sector median of 12.4×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 23.4× (20.27%)
FY2024 29.3× 26.79%
FY2023 23.1× (3.27%)
FY2022 23.9× (29.26%)
FY2021 33.8× 20.44%
FY2020 28.1× 0.90%
FY2019 27.8× 25.09%
FY2018 22.2× 24.44%
FY2017 17.9× (26.68%)
FY2016 24.4× 30.52%

Quarterly newest first

Period P/E ratio Change
Jun 2026 17.9× (3.54%)
Mar 2026 18.5× (20.74%)
Dec 2025 23.4× (16.27%)
Sep 2025 27.9× (11.88%)
42 more quarters

Against its own ten years

Low 15.4× High 35.3×
Ten-year median 25.3×
Current reading's percentile 14

P/E ratio against peers

Company P/E ratio
BWIN Baldwin Insurance Group, Inc. compare n/m
ARX Accelerant Holdings compare n/m
AON Aon plc compare 16.0×
WTW Willis Towers Watson Public Limited Company compare 19.3×
BRO Brown & Brown, Inc. 19.3×
ERIE Erie Indemnity Company compare 19.7×
MRSH Marsh compare 22.4×
CRVL CorVel Corp. compare 35.4×
AJG Arthur J. Gallagher & Co. compare 41.6×
Insurance Brokers industry median 25.2×
Financial sector median 12.4×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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