Brown & Brown, Inc. (BRO) Stock

About Brown & Brown, Inc.

Brown & Brown, Inc. operates as an insurance brokerage firm, providing a diverse range of products and services throughout the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. The company's operations are strategically divided into four primary segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail division delivers a comprehensive suite of property and casualty, employee benefits, personal, and specialized insurance offerings, complemented by services such as loss control assessments, consulting, and claims processing. This segment caters to a broad spectrum of clients, including commercial entities, public and quasi-public organizations, professionals, and individuals. The National Programs segment focuses on professional liability and associated bundled insurance products for specific sectors like dentistry, law, optometry, insurance, finance, medicine, and real estate title professionals, alongside supplementary coverages for events, medical facilities, and cyber risks. This segment also provides outsourced services to insurance carrier partners, encompassing product development, marketing, underwriting, actuarial analysis, compliance, claims, and other administrative support, while additionally managing commercial and public entity programs and flood insurance, largely through independent agents. The Wholesale Brokerage segment facilitates the distribution of excess and surplus commercial and personal lines insurance via independent agents and brokers. Finally, the Services segment offers critical support functions such as third-party claims administration and medical utilization management for workers' compensation and all-lines liability, along with Medicare Set-aside provisions, Social Security disability assistance, Medicare benefits advocacy, and claims adjusting services. Founded in 1939, Brown & Brown, Inc. is headquartered in Daytona Beach, Florida.

Brown & Brown, Inc. is led by CEO J. Powell Brown, employs 22,888 people, headquartered in Daytona Beach, US, publicly traded since 1981.

Brown & Brown, Inc. (BRO) stock trades at $71.78 with a market capitalization of $24.02B. The stock is valued at a price-to-earnings (P/E) ratio of 18.52, price-to-book of 1.58, price-to-sales of 3.05. Over the past 52 weeks the stock has ranged between $53.81 and $111.10, and currently trades 35.4% below its 52-week high. It pays a dividend yielding 1.12%.

On profitability, Brown & Brown, Inc. generates a return on equity (ROE) of 8.40%, return on capital employed of 13.48%, an operating margin of 28.46%, a net profit margin of 17.87%.

In its most recent fiscal year, Brown & Brown, Inc. reported annual revenue of $6.0B, net profit of $1.1B, revenue has compounded at 18.0% a year over the last five years, profit at 17.0% a year.

The balance sheet shows a debt-to-equity ratio of 0.64, a current ratio of 1.04, total assets of $30.0B, $1.1B in cash and equivalents.

BRO has an average daily trading volume of 3,188,224 shares, a beta of 0.62 (less volatile than the overall market).

Official website: www.bbrown.com