Skip to content

Brown & Brown BRO Debt-to-equity

Debt-to-equity at other companies

Aon plc logo
Aon plcAON
1.6×-1.1×
Arthur J. Gallagher logo
Arthur J. GallagherAJG
0.6×0.0×
Willis Towers Watson logo
Willis Towers WatsonWTW
0.9×+0.1×
W.R. Berkley logo
W.R. BerkleyWRB
0.0×
Cincinnati Financial logo
Cincinnati FinancialCINF
0.1×0.0×
American International Group logo
American International GroupAIG
0.2×0.0×

Other financials

Income statement

See full
Revenue$1.9B+35.4%
Net income$426.0M+28.7%
EPS (diluted)$1.06-7.8%

Balance sheet

See full
Cash & equivalents$1.0B+49.9%
Total debt$8.1B+101%
Total assets$29.7B+77.2%

Cash flow

See full
Operating cash flow$262.0M+23.0%
CapEx$21.0M+23.5%
Free cash flow$241.0M+23.0%

Valuation

See full
Market cap$20.01B-39.6%
Enterprise value$27.13B-25.9%
P/E17.4×-14.7×
P/S3.1×-3.6×

Profitability

See full
Net margin17.9%-2.9pp

Returns & leverage

See full
Return on equity17.1%+1.8pp
Current ratio-0.2×

Where this comes from

Calculated from Brown & Brown’s reported figures.

Based on the most recent quarter.

The official record: Brown & Brown’s 10-K, filed February 12, 2026, on SEC EDGAR. View the filing →

Ask your AI about Brown & Brown's debt-to-equity.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Brown & Brown's debt-to-equity?
Brown & Brown (BRO) reported debt-to-equity of 0.7× in Q4 2023.
How has Brown & Brown's debt-to-equity changed year-over-year?
Brown & Brown's debt-to-equity decreased by 20.6% year-over-year, from 0.9× to 0.7×.
What is the long-term trend for Brown & Brown's debt-to-equity?
Over 2 years (2021 to 2023), Brown & Brown's debt-to-equity has grown at a 17.8% compound annual growth rate (CAGR), from 2.3× to 3.1×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.