Brown & Brown Inc BRO
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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Brown & Brown, Inc. announces first quarter 2024 results, including total revenues of $1,258 million, an increase of 12.7%; Organic Revenue growth of 8.6%; diluted net income per share of $1.02; Diluted Net Income Per Share - Adjusted of $1.14; and a quarterly dividend of $0.13 per share
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Brown & Brown, Inc. acquires the assets of CHAPP, Inc. and Citrus Insurance Services, Inc.
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Brown & Brown, Inc. announces senior leadership team appointments
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Brown & Brown, Inc. announces 2024 first-quarter earnings release and conference call dates
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Brown & Brown, Inc. acquires the assets of DealerMax
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Brown & Brown, Inc. acquires the assets of Hillco Insurance
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Apollo and Capital One tip the scales as biggest components of KBW's 'best ideas' list
Trading Information
- Previous Close Price
- $82.50
- Day Range
- $81.49–83.50
- 52-Week Range
- $60.00–87.99
- Bid/Ask
- $82.93 / $90.00
- Market Cap
- $23.66 Bil
- Volume/Avg
- 1.9 Mil / 1.2 Mil
Key Statistics
- Price/Earnings (Normalized)
- 29.49
- Price/Sales
- 5.40
- Dividend Yield (Trailing)
- 0.59%
- Dividend Yield (Forward)
- 0.63%
- Total Yield
- 0.84%
Company Profile
Brown & Brown Inc is an insurance agent and broker that offers insurance products and services, primarily in the areas of property, casualty, and employee benefits, by connecting customers with insurance companies. It earns its revenue via commissions from insurance companies and direct fees from customers, and it generally has no underwriting risk exposure. More than half of its revenue is from its retail segment, which provides a broad range of insurance products and services to entities and individuals. Roughly a fourth of revenue is from its national programs segment, which provides, among other things, professional liability coverage for professionals. The company operates primarily in the United States, with its highest exposure in Florida.
- Sector
- Financial Services
- Industry
- Insurance Brokers
- Stock Style Box
- Mid Core
- Total Number of Employees
- 16,152
- Website
- https://www.bbinsurance.com
Competitors
Valuation
|
Metric
|
BRO
|
WTW
|
MMC
|
|---|---|---|---|
Price/Earnings (Normalized) | 29.49 | 18.10 | 24.18 |
Price/Book Value | 4.10 | 2.84 | 8.00 |
Price/Sales | 5.40 | 2.95 | 4.32 |
Price/Cash Flow | 21.39 | 16.29 | 18.96 |
Price/Earnings
BRO
WTW
MMC
Financial Strength
|
Metric
|
BRO
|
WTW
|
MMC
|
|---|---|---|---|
Quick Ratio | 0.55 | 0.33 | 0.46 |
Current Ratio | 1.03 | 1.06 | 1.14 |
Interest Coverage | 6.80 | 6.44 | 9.54 |
Quick Ratio
BRO
WTW
MMC
Profitability
|
Metric
|
BRO
|
WTW
|
MMC
|
|---|---|---|---|
Return on Assets (Normalized) | 5.98% | 5.15% | 9.42% |
Return on Equity (Normalized) | 16.61% | 15.72% | 35.90% |
Return on Invested Capital (Normalized) | 10.88% | 11.07% | 16.96% |
Return on Assets
BRO
WTW
MMC
Insurance Brokers Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
MMC
| Marsh & McLennan Companies Inc | Xntjwwhmgm | Hmcrnpf | $99.2 Bil | |
AON
| Aon PLC Class A | Nlqrtkfsj | Gdbhwd | $61.3 Bil | |
AJG
| Arthur J. Gallagher & Co | — | Dvg | $51.9 Bil | |
WTW
| Willis Towers Watson PLC | Cbmfqpcz | Yvtfwl | $27.0 Bil | |
ERIE
| Erie Indemnity Co Class A | — | Zzlb | $20.2 Bil | |
CRVL
| CorVel Corp | — | Lrr | $4.1 Bil | |
BRP
| BRP Group Inc Class A | — | Tnr | $1.8 Bil | |
CRD.B
| Crawford & Co Class B | — | Dvbgm | $484.8 Mil | |
CRD.A
| Crawford & Co Class A | — | Xpgy | $481.3 Mil |