BRONYSESEC EDGAREDGAR

BROWN & BROWN, INC.

Insurance Agents, Brokers & Service·DAYTONA BEACH, FL·FY end 01/19·CIK 79282

Financials

5-year history · USD
MetricFY 2025FY 2024FY 2023FY 2022FY 2021Trend
Revenue$5.9B$4.8B$4.3B$3.6B$3.1B
Gross Profit
Operating Income
Net Income$1.1B$993.0M$870.5M$671.8M$587.1M
Operating CF$1.4B$1.2B$1.0B$881.4M$942.5M
Capex$68.0M$82.0M$68.9M$52.6M$45.0M
Free Cash Flow$1.4B$1.1B$940.6M$828.8M$897.4M
Buybacks$100.0M$100.0K$74.1M$82.6M
Dividends
Gross Margin
Operating Margin
Net Margin17.9%20.7%20.4%18.8%19.2%
FCF Margin23.4%22.7%22.1%23.2%29.4%
R&D / Revenue
Effective Tax22.2%23.1%24.0%23.3%23.0%
Debt / Equity1.261.660.95
Buybacks / FCF7.2%0.0%8.9%9.2%

Peer comparison

Insurance Agents, Brokers & Service · 5 peers
CEO Pay Ratio
BRO
117:1
AON
826:1
MRSH
330:1
AJG
346:1
ACT
61:1
WTW
203:1
CEO total comp
BRO
$9M
AON
$74M
MRSH
$25M
AJG
$21M
ACT
$10M
WTW
$0M
Net Margin
BRO
17.9%
AON
21.5%
MRSH
15.4%
AJG
10.7%
ACT
54.6%
WTW
16.5%