Brown & Brown BRO Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Net margin | 17.9%-2.9pp | 17.8%-2.8pp | 18.2%-4.4pp | 19.9%-2.1pp | 20.8%-0.3pp | |
| EBITDA margin | 29.5%-2.8pp | 29.2%-2.9pp | 29.5%-5.4pp | 31%-3.0pp | 32.3%-0.6pp | |
| Free cash flow margin | 22.3%-3.7pp | 23.4%+0.7pp | 23.7%+1.6pp | 25%+4.9pp | 26%+5.7pp | |
| Returns | ||||||
| Return on assets | 4.9%-1.6pp | 4.4%-1.7pp | 4.3%-2.4pp | 4.8%-1.8pp | 6.5%0.0pp | |
| Efficiency | ||||||
| Asset turnover | 0.3×0.0× | 0.2×0.0× | 0.2×-0.1× | 0.2×-0.1× | 0.3×0.0× | |
| Liquidity | ||||||
| Current ratio | 1×-0.2× | 1×-0.1× | 1.2×0.0× | 2.7×+1.6× | 1.2×+0.2× | |
| Quick ratio | 1×-0.2× | 1×-0.1× | 1.2×0.0× | 2.7×+1.6× | 1.2×+0.2× | |
| Cash ratio | 0.1×0.0× | 0.1×0.0× | 0.2×0.0× | 1.7×+1.5× | 0.1×0.0× | |
| Leverage | ||||||
| Debt-to-assets | 0.3×0.0× | 0.3×0.0× | 0.3×+0.1× | 0.3×0.0× | 0.2×0.0× | |
| Net debt / EBITDA | 3.8×+1.7× | 4×+1.8× | 4.2×+2.5× | -0.7×-2.8× | 2.1×-0.3× | |
| Interest coverage | 5.2×-2.9× | 5.6×-2.1× | 6.4×-1.6× | 7.9×+0.1× | 8.1×+0.8× | |
| Valuation | ||||||
| Market capitalization | $20.39B-39.6% | $24.23B-19.1% | $27.22B-9.0% | $30.14B+6.3% | $33.75B+45.1% | |
| Enterprise value | $27.5B-25.9% | $31.06B-6.8% | $34.07B+3.9% | $29.02B-8.2% | $37.12B+38.6% | |
| Price / earnings | 17.8×-14.9× | 23×-7.1× | 27.3×-1.2× | 30×+1.5× | 32.7×+7.6× | |
| Price / sales | 3.2×-3.6× | 4.1×-2.1× | 5×-1.5× | 6×-0.3× | 6.8×+1.5× | |
| EV / EBITDA | 14.6×-8.6× | 18.1×-3.6× | 21.1×+0.9× | 18.5×-2.0× | 23.2×+4.7× | |
| EV / sales | 4.3×-3.2× | 5.3×-1.7× | 6.2×-0.8× | 5.7×-1.2× | 7.5×+1.4× | |
| Free cash flow yield | 7%+3.2pp | 5.7%+2.1pp | 4.8%+1.3pp | 4.2%+1.0pp | 3.8%0.0pp | |
| Earnings yield | 5.6%+2.6pp | 4.3%+1.0pp | 3.7%+0.2pp | 3.3%-0.2pp | 3.1%-0.9pp | |
| Dividend yield | 1%+0.5pp | 0.8%+0.3pp | 0.7%+0.2pp | 0.5%0.0pp | 0.5%-0.1pp | |
| PEG ratio | 1.6×-1.3× | 3.9×+1.7× | —— | 27.1×+26.3× | 2.9×+2.2× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →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.
