NYSE: BRO
Brown & Brown, Inc.
Financial Services · Insurance - Brokers
After hours: $67.37(-3.34%) · as of 7:45 PM ET
Market Cap
$23.62B
52w High
$104.10
52w Low
$53.81
P/E
20.70
Volume
2.18M
Outstanding Shares
338.95M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 32.05% over the last year. Revenue grew 39.58% over the trailing twelve months. Operating margin moved from 28.19% to 20.2%. Free cash flow declined 7.83% over the trailing twelve months.
What the market seems to be pricing
The stock has moved lower with no clear directional signal from operating metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 20.2%. A decisive move in revenue — currently up 39.58% — would be the clearest signal to resolve the ambiguity.
Company profile
Brown & Brown, Inc. operates as an insurance brokerage firm, providing a diverse range of products and services throughout the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands.
Valuation
Stock splits
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 1 shares became 2
Every 2 shares became 3
Every 4 shares became 5
Every 2 shares became 3
Every 2 shares became 3
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Analyst consensus
11
Buy
19
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 27, 2026
Q4 FY26 · EPS est $1.08 · Revenue est $1.71B
View
Dividends
$0.66/shareQuarterlyDividend Aristocrat · 35yrEx-div Aug 12, 2026 · in 15dSafeBRO pays a dividend with a 0.95% declared yield, 35 consecutive years of growth, growing at 12.27% annually, covered 7.1× by free cash flow.
Declared Yield
0.95%
Annual Div / Share
$0.66
TTM $0.65
5yr CAGR
+12.27%
Doubles every ~6.0yr
Payout Ratio
13.69%
Safe
Dividend Growth Rate
3yr CAGR
+12.79%
5yr CAGR
+12.27%
10yr CAGR
+10.37%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$1/mo
In 5 yrs
$1/mo
In 10 yrs
$2/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$9/yr $1/mo | $17/yr+76% $1/mo | $29/yr+211% $2/mo |
Long-range projections use a capped 12% annual growth assumption.
Yield-on-cost grows from 0.95% → 2.94% over 10yr
Analysis
Dividend Strengths
Dividend Aristocrat
BRO has raised its dividend for 35 consecutive years — qualifying as a Dividend Aristocrat, demonstrating long-term commitment to shareholder income.
Well-covered by free cash flow
The dividend is covered 7.1× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Strong dividend growth rate
The 5-year CAGR of 12.27% meaningfully outpaces inflation, compounding real income growth for long-term holders.
Risks to Watch
No strong risk signal stands out from the latest period pair.