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Brown & Brown BRO Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Net margin17.9%+0.1pp17.8%-0.4pp18.2%-1.7pp19.9%-1.0pp20.8%+0.2pp
EBITDA margin29.5%+0.3pp29.2%-0.3pp29.5%-1.5pp31%-1.3pp32.3%+0.3pp
Free cash flow margin22.3%-1.1pp23.4%-0.3pp23.7%-1.3pp25%-1.0pp26%+3.3pp
Returns
Return on assets4.9%+0.5pp4.4%+0.2pp4.3%-0.6pp4.8%-1.7pp6.5%+0.4pp
Efficiency
Asset turnover0.3×0.0×0.2×0.0×0.2×0.0×0.2×-0.1×0.3×0.0×
Liquidity
Current ratio0.0×-0.1×1.2×-1.6×2.7×+1.5×1.2×+0.1×
Quick ratio0.0×-0.1×1.2×-1.6×2.7×+1.5×1.2×+0.1×
Cash ratio0.1×0.0×0.1×0.0×0.2×-1.5×1.7×+1.6×0.1×0.0×
Leverage
Debt-to-assets0.3×0.0×0.3×0.0×0.3×0.0×0.3×+0.1×0.2×0.0×
Net debt / EBITDA3.8×-0.2×-0.3×4.2×+5.0×-0.7×-2.8×2.1×-0.1×
Interest coverage5.2×-0.4×5.6×-0.8×6.4×-1.4×7.9×-0.3×8.1×+0.4×
Valuation
Market capitalization$20.39B-15.8%$24.23B-11.0%$27.22B-9.7%$30.14B-10.7%$33.75B+12.8%
Enterprise value$27.5B-11.5%$31.06B-8.8%$34.07B+17.4%$29.02B-21.8%$37.12B+11.4%
Price / earnings17.8×-5.2×23×-4.2×27.3×-2.7×30×-2.7×32.7×+2.6×
Price / sales3.2×-0.9×4.1×-0.9×-1.0×-0.9×6.8×+0.6×
EV / EBITDA14.6×-3.5×18.1×-3.1×21.1×+2.6×18.5×-4.7×23.2×+1.6×
EV / sales4.3×-1.0×5.3×-1.0×6.2×+0.5×5.7×-1.8×7.5×+0.6×
Free cash flow yield7%+1.3pp5.7%+0.9pp4.8%+0.6pp4.2%+0.4pp3.8%+0.2pp
Earnings yield5.6%+1.3pp4.3%+0.7pp3.7%+0.3pp3.3%+0.3pp3.1%-0.3pp
Dividend yield1%+0.2pp0.8%+0.1pp0.7%+0.1pp0.5%+0.1pp0.5%0.0pp
PEG ratio1.6×-2.3×3.9×27.1×+24.2×2.9×+0.8×

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Questions, answered.

Where do Brown & Brown's ratios come from?
Every ratio is computed from Brown & Brown's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.