Brown & Brown, Inc. (BRO) AI Stock Analysis

Brown & Brown, Inc. delivers insurance products and services across the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. The company organizes its business into four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment provides property, casualty, employee benefits, personal, and specialty insurance alongside consultancy and claims processing. National Programs delivers professional liability insurance for specific professions and supplementary coverage for events and cyber liabilities, as well as outsourced underwriting and claims administration. Wholesale Brokerage distributes excess and surplus commercial and personal lines insurance through independent agents. The Services segment provides third-party claims administration and medical utilization management.

Brown & Brown grew revenue from $3.05B in FY2021 to $5.76B in FY2025, recording a 5-year revenue CAGR of 17.2%. In FY2025, revenue grew 22.5%, operating margin reached 49.1%, and net income expanded to $1.05B, or $4.30 per share. Net margin was 18.3% in FY2025, following 21.1% in FY2024. Over the trailing twelve months, revenue reached $6.66B with a profit margin of 18.1% and diluted earnings per share of $3.17. In the latest quarter ended June 30, 2026, quarterly revenue grew 32.4% year-over-year, while quarterly earnings grew 7.1%.

As of June 30, 2026, Brown & Brown held $918.0M in cash and short-term investments against total debt of $8.01B, resulting in net debt of $7.09B. Shareholders' equity stood at $12.58B with a debt-to-equity ratio of 0.64 and a current ratio of 1.13. In FY2025, operating cash flow was $1.45B and free cash flow reached $1.38B. Capital expenditures were $68.0M, while cash returned to shareholders included $100.0M in share buybacks and $194.0M in dividends paid.

At a share price of $69.40, Brown & Brown has a market cap of $23.22B and an enterprise value of $27.73B. It trades at a trailing P/E of 21.9x, which is higher than the median of its S&P 500 Financial Services peers of 14.2x. Its forward P/E of 12.6x compares to the peer median of 12.2x, while its EV/EBITDA of 11.2x is lower than the peer median of 15.7x. The stock has fallen 19.8% over the past year, underperforming the S&P 500 (SPY) return of 16.8%.

Brown & Brown pays an annual forward dividend of $0.66 per share, providing a dividend yield of 0.95% on a quarterly schedule. The dividend payout ratio stands at 14.9%. The company has paid consecutive dividends for 40 years, with a 5-year annualized dividend growth rate of 12.1%. Its last ex-dividend date was August 12, 2026.

Wall Street coverage includes 4 Strong Buy, 3 Buy, 13 Hold, 0 Sell, and 1 Strong Sell ratings. The mean price target of $74.67 sits 7.6% above the last close of $69.40. Consensus estimates project FY2026 revenue of $6.99B and EPS of $4.48, representing 5.2% earnings growth. For FY2027, 21 analysts project revenue of $7.29B and EPS of $4.83. The company beat EPS estimates in 3 of the last 4 quarters, and its next earnings date is October 26, 2026.

This page is an AI-written research summary of Brown & Brown, Inc. (BRO). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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