Brown & Brown, Inc.

Brown & Brown, Inc.

71.47
USD
+0.56
(+0.79%)
3.62EPS
17.56P/E
21.09BMarket Cap
Oct 26Next Earn

Total Valuation

USD

As of June 30, 2026, Brown & Brown, Inc. carries a market capitalization of 21.09B, placing it among publicly traded companies globally. Its enterprise value stands at 28.21B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap21.09B
Enterprise Value28.21B

Important Dates

Brown & Brown, Inc.'s next confirmed earnings release is scheduled for October 26, 2026.

Earnings Date10/26/2026

Share Statistics

As of June 30, 2026, Brown & Brown, Inc. has 330.00M shares outstanding.

Shares Outstanding330.00M

Valuation Ratios

As of June 30, 2026, Brown & Brown, Inc. trades at a trailing price-to-earnings ratio of 17.56. The price-to-sales ratio is 3.17, and the price-to-book ratio stands at 1.68.

PE Ratio17.56
PS Ratio3.17
PB Ratio1.68
P/TBV Ratio-2.96
P/FCF Ratio14.83
P/OCF Ratio13.92

Enterprise Valuation

As of June 30, 2026, Brown & Brown, Inc. trades at an EV/EBITDA multiple of 12.71 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 4.23 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 16.43 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Brown & Brown, Inc. trades at an EV/FCF ratio of 15.90, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 28.21B versus a market cap of 21.09B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales4.23
EV / EBITDA12.71
EV / EBIT16.43
EV / FCF15.90

Financial Position

As of June 30, 2026, Brown & Brown, Inc. maintains a current ratio of 1.13, meaning it holds 1.1x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 63.51, indicating elevated leverage, while an interest coverage ratio of 5.31 demonstrates adequate ability to service its debt obligations.

Current Ratio1.13
Quick Ratio0.61
Debt / Equity63.51
Debt / EBITDA3.61
Interest Coverage5.31

Financial Efficiency

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Over the twelve months ended June 30, 2026, Brown & Brown, Inc. posted a return on equity (ROE) of 9.97, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 6.73 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 4.34, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 7.63, useful for judging operating efficiency across full business cycles. The company generates approximately 309,712.20 in revenue per employee across its workforce of 21,516.75, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)9.97
Return on Assets (ROA)4.34
Return on Invested Capital (ROIC)6.73
Return on Capital Employed (ROCE)7.63
Revenue Per Employee309,712.20
Employee Count21,516.75

Taxes

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Over the twelve months ended June 30, 2026, Brown & Brown, Inc. recorded 335.00M in income tax expense. That works out to an effective tax rate of 21.64, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 1.55B, leaving 1.21B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax335.00M
Effective Tax Rate21.64

Stock Price Statistics

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As of the close on October 22, 2026, Brown & Brown, Inc.'s stock has declined approximately 18.81% over the past 52 weeks. The 50-day moving average sits at 68.19, while the 200-day moving average is 81.15.

52-Week Price Change-18.81%
50-Day Moving Average68.19
200-Day Moving Average81.15

Income Statement

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Over the twelve months ended June 30, 2026, Brown & Brown, Inc. generated 6.66B in revenue and converted that into 1.21B in net income, yielding earnings per share of 3.62. EBITDA reached 2.22B, while operating income came in at 1.68B.

Revenue6.66B
Gross Profit3.31B
Operating Income1.68B
Pretax Income1.55B
Net Income1.21B
EBITDA2.22B
EBIT1.72B
Earnings Per Share (EPS)3.62

Balance Sheet

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As of June 30, 2026, Brown & Brown, Inc. holds 918.00M in cash and equivalents against 8.01B in total debt, resulting in a net debt position of 6.84B. Total book value stands at 12.58B, with working capital of 979.00M providing operational flexibility.

Cash & Cash Equivalents918.00M
Total Debt8.01B
Net Debt6.84B
Equity (Book Value)12.58B
Book Value Per Share38.13
Working Capital979.00M

Cash Flow

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Brown & Brown, Inc. produced 1.52B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -74.00M in capital expenditures, free cash flow totaled 1.45B - equivalent to 4.37 per share.

Operating Cash Flow1.52B
Capital Expenditures-74.00M
Free Cash Flow1.45B
FCF Per Share4.37

Margins

Over the twelve months ended June 30, 2026, Brown & Brown, Inc. posted a gross margin of 49.62, reflecting its pricing power and cost economics. The operating margin of 25.24 and net profit margin of 18.08 provide insight into operational efficiency.

Gross Margin49.62
Operating Margin25.24
Pretax Margin23.23
Profit Margin18.08
EBITDA Margin33.30

Dividends & Yields

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Over the twelve months ended June 30, 2026, Brown & Brown, Inc. paid dividends of 0.66 per share. The dividend payout ratio of 17.94 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 6.74, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 3.76, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Brown & Brown, Inc. shareholders.

Dividend Per Share0.66
Payout Ratio17.94
Shareholder Yield3.76
FCF Yield6.74

Stock Splits

Brown & Brown, Inc.'s most recent stock split took place on March 29, 2018 with a 1:2 split ratio.

Last Split Date3/29/2018
Split Ratio1:2

Scores

As of June 30, 2026, Brown & Brown, Inc. has an Altman Z-Score of 3.09, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score3.09