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.
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Brown & Brown, Inc. (BRO) Price to free cash flow
As of 16 October 2026, Brown & Brown, Inc. (BRO) trades at a price to free cash flow of 15.8×. Over the past ten years it has ranged from 9.9× (September 2015) to 29.8× (March 2025); the current reading is higher than 32% of that period. That is below the Insurance Brokers industry median of 21.0× and above the Financial sector median of 9.9×.
Price to free cash flow, daily
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Annual newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 17.8× | (28.26%) |
| FY2024 | 24.8× | 30.98% |
| FY2023 | 18.9× | 6.70% |
| FY2022 | 17.7× | (28.73%) |
| FY2021 | 24.9× | 24.60% |
| FY2020 | 19.9× | 16.21% |
| FY2019 | 17.2× | 22.05% |
| FY2018 | 14.1× | (14.77%) |
| FY2017 | 16.5× | 7.70% |
| FY2016 | 15.3× | 29.55% |
Quarterly newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| Jun 2026 | 14.6× | (3.64%) |
| Mar 2026 | 15.1× | (14.84%) |
| Dec 2025 | 17.8× | (24.53%) |
| Sep 2025 | 23.5× | (6.51%) |
| 42 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| BRO Brown & Brown, Inc. | 15.8× |
| AON Aon plc compare | 19.2× |
| ERIE Erie Indemnity Company compare | 20.4× |
| MRSH Marsh compare | 21.6× |
| AJG Arthur J. Gallagher & Co. compare | 28.5× |
| CRVL CorVel Corp. compare | 35.6× |
| WTW Willis Towers Watson Public Limited Company compare | 38.1× |
| BWIN Baldwin Insurance Group, Inc. compare | 67.7× |
| ARX Accelerant Holdings compare | 2,396× |
| Insurance Brokers industry median | 21.0× |
| Financial sector median | 9.9× |
| Market median | 14.2× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
More on BRO
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement