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) Shares outstanding
Brown & Brown, Inc.'s shares outstanding at the end of fiscal 2025 was $313.0M, up 10.2% from $284.0M in fiscal 2024. At the end of the quarter to 30 June 2026 it was $334.0M. Over the past ten years it has ranged from $274.6M (fiscal 2019) to $313.0M (fiscal 2025) — the current reading is the highest in ten years. Brown & Brown, Inc. ranks 2nd of 21 Insurance Brokers companies by shares outstanding.
Shares outstanding, annual
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Annual newest first
| Period | Shares outstanding | Change |
|---|---|---|
| FY2025 | $313.0M | 10.21% |
| FY2024 | $284.0M | 1.07% |
| FY2023 | $281.0M | 0.72% |
| FY2022 | $279.0M | 0.58% |
| FY2021 | $277.4M | 0.58% |
| FY2020 | $275.8M | 0.43% |
| FY2019 | $274.6M | (0.33%) |
| FY2018 | $275.5M | (0.74%) |
| FY2017 | $277.6M | 0.72% |
| FY2016 | $275.6M | (1.65%) |
Quarterly newest first
| Period | Shares outstanding | Change |
|---|---|---|
| Jun 2026 | $334.0M | (0.89%) |
| Mar 2026 | $337.0M | 7.67% |
| Dec 2025 | $313.0M | (5.72%) |
| Sep 2025 | $332.0M | 13.31% |
| 42 more quarters | Free account |
Against its own ten years
Shares outstanding against peers
| Company | Shares outstanding |
|---|---|
| MRSH Marsh compare | $479.0M |
| BRO Brown & Brown, Inc. | $334.0M |
| AJG Arthur J. Gallagher & Co. compare | $258.7M |
| ARX Accelerant Holdings compare | $219.7M |
| AON Aon plc compare | $213.9M |
| WTW Willis Towers Watson Public Limited Company compare | $94.0M |
| BWIN Baldwin Insurance Group, Inc. compare | $92.8M |
| ERIE Erie Indemnity Company compare | $52.3M |
| CRVL CorVel Corp. compare | $50.9M |
What Shares outstanding is
Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.
Reported line item
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- Revenue
- Net income
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- Free cash flow
- Operating cash flow
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- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
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- Piotroski F-score
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