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Fee income at other companies

W.R. Berkley logo
W.R. BerkleyWRB
$28.23M-2.4%
Cincinnati Financial logo
Cincinnati FinancialCINF
$5M0.0%

Other financials

Income statement

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Revenue$1.7B+30.4%
Net income$288.0M+24.7%
EPS (diluted)$0.84+7.7%

Balance sheet

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Cash & equivalents$918.0M-89.7%
Total debt$8.1B+3.7%
Total equity$5.6B+21.1%
Total assets$29.9B+16.6%

Cash flow

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Operating cash flow$346.0M+6.5%
CapEx$17.0M+13.3%
Free cash flow$329.0M+6.1%

Valuation

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Market cap$23.82B-21.3%
Enterprise value$30.97B+6.2%
P/E19.8×-10.3×
P/S3.5×-2.5×

Profitability

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Net margin17.7%-2.1pp
FCF margin21.3%-3.7pp

Returns & leverage

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Return on equity17.1%+1.8pp
Debt / equity0.7×-0.2×
Current ratio1.1×-1.6×

Where this comes from

Reported directly by Brown & Brown in its filing.

Tagged under the XBRL concept us-gaap:InsuranceCommissionsAndFees.

The source filing: Brown & Brown’s 10-Q, filed July 27, 2026.

Filed
Jul 27, 2026, 5:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q3 2026
Accession
0001193125-26-318251
(in millions, except per share data)Three months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
REVENUES
Commissions and fees$1,654$1,249$3,534$2,634
Investment and other income22364355
Total revenues1,6761,2853,5772,689
EXPENSES
Employee compensation and benefits8386401,7451,323
Other operating expenses271211560398
Loss on disposal11

ITEM 1 — Financial Statements (Unaudited)

FAQ

What is Brown & Brown's fee income?
Brown & Brown (BRO) reported fee income of $1.65B in Q2 2026.
How has Brown & Brown's fee income changed year-over-year?
Brown & Brown's fee income increased by 32.4% year-over-year, from $1.25B to $1.65B.
What is the long-term trend for Brown & Brown's fee income?
Over 4 years (2021 to 2025), Brown & Brown's fee income has grown at a 17.3% compound annual growth rate (CAGR), from $3.05B to $5.76B.
What does fee income mean?
This represents the primary revenue stream generated by insurance brokerage services, consisting of commissions paid by insurance carriers and fees charged directly to clients. It reflects the core brokerage activity and the ability to capture market share in the insurance distribution landscape.

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