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

72.15 2.23 −3.00%
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

Brown & Brown, Inc. (BRO) Return on equity

Alert me on Return on equity

Brown & Brown, Inc.'s return on equity over the twelve months to 30 September 2026 was 9.63%, down 1.3 percentage points from fiscal 2025 (11.0%). Over the past ten years it has ranged from 11.0% (fiscal 2025) to 16.9% (fiscal 2023) — the current reading is the lowest in ten years. That is above the Insurance Brokers industry median of 2.99% and above the Financial sector median of 9.01%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 11.0% (5.36)
FY2024 16.3% (0.52)
FY2023 16.9% 1.88
FY2022 15.0% 0.53
FY2021 14.4% 1.34
FY2020 13.1% 0.96
FY2019 12.1% 0.11
FY2018 12.0% (3.75)
FY2017 15.8% 4.66
FY2016 11.1% (0.03)

Against its own ten years

Low 11.0% High 16.9%
Ten-year median 13.1%
Current reading's percentile 9

Return on equity against peers

Company Return on equity
AON Aon plc compare 43.0%
CRVL CorVel Corp. compare 30.6%
MRSH Marsh compare 26.7%
ERIE Erie Indemnity Company compare 23.7%
WTW Willis Towers Watson Public Limited Company compare 20.0%
RYAN Ryan Specialty Holdings Inc. compare 9.81%
BRO Brown & Brown, Inc. 9.63%
AJG Arthur J. Gallagher & Co. compare 7.18%
BWIN Baldwin Insurance Group, Inc. compare −6.58%
Insurance Brokers industry median 2.99%
Financial sector median 9.01%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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