BROWN & BROWN INC (BRO) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:BRO • US1152361010

72.67 USD
-1.36 (-1.84%)
At close: Feb 5, 2026
72.67 USD
0 (0%)
After Hours: 2/5/2026, 8:12:02 PM
Fundamental Rating

4

Taking everything into account, BRO scores 4 out of 10 in our fundamental rating. BRO was compared to 147 industry peers in the Insurance industry. BRO has only an average score on both its financial health and profitability. BRO has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • BRO had positive earnings in the past year.
  • BRO had a positive operating cash flow in the past year.
  • BRO had positive earnings in 4 of the past 5 years.
  • Of the past 5 years BRO 4 years had a positive operating cash flow.
BRO Yearly Net Income VS EBIT VS OCF VS FCFBRO Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B

1.2 Ratios

  • Looking at the Return On Assets, with a value of 3.36%, BRO is in the better half of the industry, outperforming 68.71% of the companies in the same industry.
  • BRO has a worse Return On Equity (7.97%) than 66.67% of its industry peers.
  • The Return On Invested Capital of BRO (5.43%) is better than 81.63% of its industry peers.
  • BRO had an Average Return On Invested Capital over the past 3 years of 9.07%. This is significantly below the industry average of 14.94%.
Industry RankSector Rank
ROA 3.36%
ROE 7.97%
ROIC 5.43%
ROA(3y)5.35%
ROA(5y)5.42%
ROE(3y)14.98%
ROE(5y)14.21%
ROIC(3y)9.07%
ROIC(5y)8.85%
BRO Yearly ROA, ROE, ROICBRO Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

  • BRO has a better Profit Margin (18.02%) than 86.39% of its industry peers.
  • In the last couple of years the Profit Margin of BRO has grown nicely.
  • With an excellent Operating Margin value of 29.15%, BRO belongs to the best of the industry, outperforming 91.16% of the companies in the same industry.
  • BRO's Operating Margin has improved in the last couple of years.
Industry RankSector Rank
OM 29.15%
PM (TTM) 18.02%
GM N/A
OM growth 3Y2.76%
OM growth 5Y4.78%
PM growth 3Y2.76%
PM growth 5Y4.84%
GM growth 3YN/A
GM growth 5YN/A
BRO Yearly Profit, Operating, Gross MarginsBRO Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BRO is creating some value.
  • There is no outstanding debt for BRO. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
BRO Yearly Shares OutstandingBRO Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
BRO Yearly Total Debt VS Total AssetsBRO Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

2.2 Solvency

  • Based on the Altman-Z score of 1.62, we must say that BRO is in the distress zone and has some risk of bankruptcy.
  • BRO's Altman-Z score of 1.62 is amongst the best of the industry. BRO outperforms 88.44% of its industry peers.
  • BRO has a debt to FCF ratio of 5.95. This is a neutral value as BRO would need 5.95 years to pay back of all of its debts.
  • BRO has a worse Debt to FCF ratio (5.95) than 65.31% of its industry peers.
  • A Debt/Equity ratio of 0.62 indicates that BRO is somewhat dependend on debt financing.
  • BRO's Debt to Equity ratio of 0.62 is on the low side compared to the rest of the industry. BRO is outperformed by 77.55% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.62
Debt/FCF 5.95
Altman-Z 1.62
ROIC/WACC0.66
WACC8.25%
BRO Yearly LT Debt VS Equity VS FCFBRO Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.3 Liquidity

  • A Current Ratio of 1.18 indicates that BRO should not have too much problems paying its short term obligations.
  • BRO's Current ratio of 1.18 is amongst the best of the industry. BRO outperforms 82.99% of its industry peers.
  • A Quick Ratio of 1.18 indicates that BRO should not have too much problems paying its short term obligations.
  • With an excellent Quick ratio value of 1.18, BRO belongs to the best of the industry, outperforming 82.99% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.18
Quick Ratio 1.18
BRO Yearly Current Assets VS Current LiabilitesBRO Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • BRO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.98%, which is quite good.
  • BRO shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 20.54% yearly.
EPS 1Y (TTM)11.98%
EPS 3Y23.37%
EPS 5Y20.54%
EPS Q2Q%8.14%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%35.73%

3.2 Future

  • Based on estimates for the next years, BRO will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.10% on average per year.
  • Based on estimates for the next years, BRO will show a small growth in Revenue. The Revenue will grow by 3.68% on average per year.
EPS Next Y6.07%
EPS Next 2Y8.2%
EPS Next 3Y8.1%
EPS Next 5YN/A
Revenue Next Year20.85%
Revenue Next 2Y13.64%
Revenue Next 3Y10.43%
Revenue Next 5Y3.68%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
BRO Yearly Revenue VS EstimatesBRO Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2B 4B 6B 8B
BRO Yearly EPS VS EstimatesBRO Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 1 2 3 4 5

More info and screens

Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 16.90, the valuation of BRO can be described as correct.
  • BRO's Price/Earnings ratio is a bit more expensive when compared to the industry. BRO is more expensive than 62.59% of the companies in the same industry.
  • BRO's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.67.
  • With a Price/Forward Earnings ratio of 15.93, BRO is valued correctly.
  • Based on the Price/Forward Earnings ratio, BRO is valued a bit more expensive than 63.27% of the companies in the same industry.
  • BRO's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.20.
Industry RankSector Rank
PE 16.9
Fwd PE 15.93
BRO Price Earnings VS Forward Price EarningsBRO Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, BRO is valued a bit more expensive than the industry average as 63.27% of the companies are valued more cheaply.
  • BRO's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. BRO is more expensive than 61.90% of the companies in the same industry.
Industry RankSector Rank
P/FCF 19.1
EV/EBITDA 16.6
BRO Per share dataBRO EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 -10 20 -20 30

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BRO does not grow enough to justify the current Price/Earnings ratio.
  • The decent profitability rating of BRO may justify a higher PE ratio.
PEG (NY)2.78
PEG (5Y)0.82
EPS Next 2Y8.2%
EPS Next 3Y8.1%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.92%, BRO is not a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 2.24, BRO has a dividend in line with its industry peers.
  • With a Dividend Yield of 0.92, BRO pays less dividend than the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 0.92%

5.2 History

  • The dividend of BRO is nicely growing with an annual growth rate of 10.65%!
  • BRO has paid a dividend for at least 10 years, which is a reliable track record.
  • BRO has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)10.65%
Div Incr Years31
Div Non Decr Years34
BRO Yearly Dividends per shareBRO Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6

5.3 Sustainability

  • 18.24% of the earnings are spent on dividend by BRO. This is a low number and sustainable payout ratio.
  • BRO's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP18.24%
EPS Next 2Y8.2%
EPS Next 3Y8.1%
BRO Yearly Income VS Free CF VS DividendBRO Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B
BRO Dividend Payout.BRO Dividend Payout, showing the Payout Ratio.BRO Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

BROWN & BROWN INC

NYSE:BRO (2/5/2026, 8:12:02 PM)

After market: 72.67 0 (0%)

72.67

-1.36 (-1.84%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupInsurance
GICS IndustryInsurance
Earnings (Last)01-26
Earnings (Next)04-27
Inst Owners80.99%
Inst Owner Change-0.92%
Ins Owners13.08%
Ins Owner Change-0.06%
Market Cap24.81B
Revenue(TTM)N/A
Net Income(TTM)987.00M
Analysts66.96
Price Target86.59 (19.16%)
Short Float %4.56%
Short Ratio5.06
Dividend
Industry RankSector Rank
Dividend Yield 0.92%
Yearly Dividend0.54
Dividend Growth(5Y)10.65%
DP18.24%
Div Incr Years31
Div Non Decr Years34
Ex-Date02-04
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.9%
Min EPS beat(2)3.03%
Max EPS beat(2)10.78%
EPS beat(4)3
Avg EPS beat(4)5.69%
Min EPS beat(4)-2.08%
Max EPS beat(4)11.02%
EPS beat(8)7
Avg EPS beat(8)5.75%
EPS beat(12)11
Avg EPS beat(12)6.9%
EPS beat(16)14
Avg EPS beat(16)4.84%
Revenue beat(2)1
Avg Revenue beat(2)1.77%
Min Revenue beat(2)-0.54%
Max Revenue beat(2)4.08%
Revenue beat(4)2
Avg Revenue beat(4)1.76%
Min Revenue beat(4)-0.99%
Max Revenue beat(4)4.5%
Revenue beat(8)6
Avg Revenue beat(8)1.9%
Revenue beat(12)9
Avg Revenue beat(12)2.04%
Revenue beat(16)12
Avg Revenue beat(16)1.65%
PT rev (1m)-1.77%
PT rev (3m)-15.03%
EPS NQ rev (1m)-0.77%
EPS NQ rev (3m)-3.22%
EPS NY rev (1m)0.03%
EPS NY rev (3m)1.55%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.72%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)1.11%
Valuation
Industry RankSector Rank
PE 16.9
Fwd PE 15.93
P/S 4.53
P/FCF 19.1
P/OCF 18.15
P/B 2
P/tB N/A
EV/EBITDA 16.6
EPS(TTM)4.3
EY5.92%
EPS(NY)4.56
Fwd EY6.28%
FCF(TTM)3.8
FCFY5.24%
OCF(TTM)4
OCFY5.51%
SpS16.04
BVpS36.28
TBVpS-21.84
PEG (NY)2.78
PEG (5Y)0.82
Graham Number59.24
Profitability
Industry RankSector Rank
ROA 3.36%
ROE 7.97%
ROCE 7.11%
ROIC 5.43%
ROICexc 5.74%
ROICexgc 85.29%
OM 29.15%
PM (TTM) 18.02%
GM N/A
FCFM 23.71%
ROA(3y)5.35%
ROA(5y)5.42%
ROE(3y)14.98%
ROE(5y)14.21%
ROIC(3y)9.07%
ROIC(5y)8.85%
ROICexc(3y)9.73%
ROICexc(5y)9.73%
ROICexgc(3y)222.79%
ROICexgc(5y)196.94%
ROCE(3y)11.87%
ROCE(5y)11.58%
ROICexgc growth 3Y-5.47%
ROICexgc growth 5Y1.96%
ROICexc growth 3Y0.09%
ROICexc growth 5Y3.73%
OM growth 3Y2.76%
OM growth 5Y4.78%
PM growth 3Y2.76%
PM growth 5Y4.84%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.19
Health
Industry RankSector Rank
Debt/Equity 0.62
Debt/FCF 5.95
Debt/EBITDA 4.05
Cap/Depr 23.37%
Cap/Sales 1.24%
Interest Coverage 250
Cash Conversion 72.4%
Profit Quality 131.61%
Current Ratio 1.18
Quick Ratio 1.18
Altman-Z 1.62
F-Score4
WACC8.25%
ROIC/WACC0.66
Cap/Depr(3y)32.9%
Cap/Depr(5y)36.11%
Cap/Sales(3y)1.6%
Cap/Sales(5y)1.8%
Profit Quality(3y)115.6%
Profit Quality(5y)123.95%
High Growth Momentum
Growth
EPS 1Y (TTM)11.98%
EPS 3Y23.37%
EPS 5Y20.54%
EPS Q2Q%8.14%
EPS Next Y6.07%
EPS Next 2Y8.2%
EPS Next 3Y8.1%
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%35.73%
Revenue Next Year20.85%
Revenue Next 2Y13.64%
Revenue Next 3Y10.43%
Revenue Next 5Y3.68%
EBIT growth 1Y14.4%
EBIT growth 3Y19.55%
EBIT growth 5Y20.47%
EBIT Next Year36.8%
EBIT Next 3Y22%
EBIT Next 5Y10.16%
FCF growth 1Y40.11%
FCF growth 3Y12.65%
FCF growth 5Y12.53%
OCF growth 1Y38.68%
OCF growth 3Y13.23%
OCF growth 5Y11.6%

BROWN & BROWN INC / BRO FAQ

Can you provide the ChartMill fundamental rating for BROWN & BROWN INC?

ChartMill assigns a fundamental rating of 4 / 10 to BRO.


What is the valuation status for BRO stock?

ChartMill assigns a valuation rating of 2 / 10 to BROWN & BROWN INC (BRO). This can be considered as Overvalued.


What is the profitability of BRO stock?

BROWN & BROWN INC (BRO) has a profitability rating of 6 / 10.


What is the valuation of BROWN & BROWN INC based on its PE and PB ratios?

The Price/Earnings (PE) ratio for BROWN & BROWN INC (BRO) is 16.9 and the Price/Book (PB) ratio is 2.


How sustainable is the dividend of BROWN & BROWN INC (BRO) stock?

The dividend rating of BROWN & BROWN INC (BRO) is 5 / 10 and the dividend payout ratio is 18.24%.