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Brown & Brown BRO Return on equity

Return on equity at other companies

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Aon plcAON
44.9%+6.9pp
Arthur J. Gallagher logo
Arthur J. GallagherAJG
6.7%-2.8pp
Willis Towers Watson logo
Willis Towers WatsonWTW
19.8%
Goosehead Insurance, Inc. logo
Goosehead Insurance, Inc.GSHD
84.7%+11.5pp
The Baldwin Insurance Group, Inc. logo
The Baldwin Insurance Group, Inc.BWIN
-5.7%+0.5pp
Ryan Specialty Holdings logo
Ryan Specialty HoldingsRYAN
18.4%+9.2pp

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$23.56B-23.0%
Enterprise value$30.7B+4.2%
P/E19.6×-10.8×
P/S3.5×-2.6×

Profitability

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

Returns & leverage

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Debt / equity0.7×-0.2×
Current ratio1.1×-1.6×

Where this comes from

Calculated from Brown & Brown’s reported figures.

Based on trailing twelve months.

The source filing: Brown & Brown’s 10-K, filed February 22, 2024. Open the filing →

Filed
Feb 22, 2024
Fiscal year
FY2023
Accession
0000950170-24-018890

FAQ

What is Brown & Brown's return on equity?
Brown & Brown (BRO) reported return on equity of 17.1% in Q4 2023.
How has Brown & Brown's return on equity changed year-over-year?
Brown & Brown's return on equity increased by 12.0% year-over-year, from 15.3% to 17.1%.
What is the long-term trend for Brown & Brown's return on equity?
Over 3 years (2020 to 2023), Brown & Brown's return on equity has grown at a 8.1% compound annual growth rate (CAGR), from 13.5% to 17.1%.
What does return on equity mean?
Trailing-twelve-month net income divided by average shareholders' equity (average of the start and end of the trailing-twelve-month window). Measures the profit generated on each dollar of shareholder capital.

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