Stock AnalizBrown & Brown, Inc. BRO
Specialty Insurers · data as of November 13, 2026
Brown & Brown, Inc. (BRO) is a financial company listed in the US with a market value of about $23.9B. In the twelve months to September 30, 2026 it had revenue of $6.9B and net income of $1.2B, a net margin of 17.6%.
Its overall Stock Analiz score is 2.8 out of 5 (average). The strongest part is future growth (4/5); the weakest is value (2/5).
Key numbers: a P/E of 22.8, a price to free cash flow of 16.0, 5-year revenue growth of 18% a year. A discounted cash flow model with moderate assumptions puts its intrinsic value about 46% below the current price.
Score: 2.8 / 5
Checks passed
- P/E below 25
- P/FCF below 20
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
Checks not passed
- P/E below the industry median
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- Profit margin improving
- 5-year average ROIC above 12%
- ROE above 15%
- More cash than debt, or low debt to equity
- Interest covered more than 5 times
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.9B | $5.9B | $4.8B | $4.3B | $3.6B | $3.1B | $2.6B | $2.4B | $2.0B | $1.9B | $1.8B |
| Net income | $1.2B | $1.1B | $993M | $871M | $672M | $587M | $480M | $399M | $344M | $400M | $257M |
| Free cash flow | $1.5B | $1.4B | $1.1B | $941M | $829M | $764M | $642M | $605M | $526M | $418M | $393M |
| EPS (diluted) | $3.16 | $3.16 | $3.46 | $3.05 | $2.37 | $2.07 | $1.69 | $0.00 | $1.22 | $1.40 | $0.91 |
| Net margin | 17.6% | 17.9% | 20.7% | 20.5% | 18.8% | 19.2% | 18.4% | 16.7% | 17.1% | 21.2% | 14.6% |
| ROIC | — | — | — | — | — | — | — | — | — | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 18 analysts is $74.78, 4% above the current price; targets range from $55.00 to $85.00; the consensus rating is “Hold”; expected EPS is $4.43 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Brown & Brown’s P/E ratio?
About 22.8, based on the last twelve months of diluted earnings per share (forward P/E about 15.2).
Is Brown & Brown stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 46% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Brown & Brown pay a dividend?
Yes. The dividend yield is about 0.92%, and it has paid dividends for 10 years in our data.
Is Brown & Brown a good stock to buy?
We do not give buy or sell advice. Brown & Brown scores 2.8 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.