Companies / Financials
BRO
Brown & Brown
Insurance Brokers
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health69
Growth93
Profitability76
Cash generationn/a
Balance sheetn/a
Dilution control38
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)7.4%Revenue growth (FY)22.8%Revenue CAGR (3y)18.2%Gross margin—Operating margin—Net margin17.9%Free cash flow margin23.4%R&D / revenue—Stock comp / revenue1.6%Net debt / operating cash flow5.00xCurrent ratio1.04Diluted share count change10.2%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $3.1B | $3.6B | $4.3B | $4.8B | $5.9B |
| Net income | $587M | $672M | $871M | $993M | $1.1B |
| Operating cash flow | $809M | $881M | $1.0B | $1.2B | $1.4B |
| Capital expenditure | $45M | $52M | $69M | $82M | $68M |
| Free cash flow | $764M | $829M | $941M | $1.1B | $1.4B |
| Stock-based comp | $61M | $66M | $89M | $101M | $93M |
| Buybacks | $83M | $74M | $0 | $0 | $100M |
| Dividends | $107M | $120M | $135M | $154M | $193M |
| Cash | $693M | $650M | $700M | $675M | $1.1B |
| Total debt | $2.1B | $4.2B | $4.4B | $4.0B | $8.3B |
| Equity | $4.2B | $4.6B | $5.6B | $6.4B | $12.6B |
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