BROWN & BROWN, INC.(BRO)— Stock Profile, AI Score & Financials
Financials · NYSE · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
BROWN & BROWN, INC. (BRO) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores BRO at 73.8/100 on a 32-signal composite quality model, placing it at rank #129 of 2,960 stocks — the top 5% of the AI-ranked universe. BRO scores in the top quartile across revenue scale (82.4), revenue growth (82.1). Shareholder dilution risk is elevated at 45.0/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), BROWN & BROWN, INC. reports quarterly revenue of $1.7B, net income of $288.0M, an operating margin of 22.9%. Top institutional holders of BRO by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, FMR, based on the most recent SEC filings. BRO trades on the NYSE exchange and files with the SEC under CIK 79282. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate BRO daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for BROWN & BROWN, INC. directly from SEC EDGAR.
AI Quality Score
73.8/100
AI Rank
#129
Revenue
$1.7B
Net Income
$288.0M
Free Cash Flow
$329.0M
Operating Margin
22.9%
BRO key financials by period
BROWN & BROWN, INC. reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$5.9B
$1.1B
23.2%
FY 2024
10-K
$4.8B
$993.0M
27.1%
FY 2023
10-K
$4.3B
$871.0M
26.9%
FY 2022
10-K
$3.6B
$672.0M
24.5%
FY 2021
10-K
$3.1B
$587.1M
25.0%
FY 2020
10-K
$2.6B
$480.5M
23.9%
Institutions holding BRO
Institutional investors reporting a position in BROWN & BROWN, INC. on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-07-27 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Brown & Brown's Q2 2026 commissions and fees grew 32.4% to $1.654B, driven by $393M from acquisitions and a 88.9% surge in Contingents, though organic revenue declined 0.7%.
Biggest Revenue Drivers
Core commissions and fees$1.569B+30.3% YoY
$393M from acquisitions with no prior-year comparable; $8M net new business offset by $4M divested operations and $18M litigation-related impact.
Driven by improved underwriting results for carrier partners, growth in premium volume, recent acquisitions and enhanced carrier engagement model.
Earned premium$18MFlat YoY
Premiums earned in captive insurance operations.
Investment and other income$22M-38.9% YoY
Decrease driven by $13M lower interest income from 2025 follow-on offering proceeds held for Accession acquisition.
Largest Expense Items
Employee compensation and benefits$838M+30.9% YoY
$203M attributable to acquisitions; underlying decrease driven by lower non-cash stock-based compensation, lower health plan claims and litigation-related impacts.
Interest expense$100M+96.1% YoY
Higher debt from June 2025 debt issuance to fund Accession acquisition, partially offset by lower floating rate benchmark.
Amortization$110M+120.0% YoY
Reflects amortization of intangibles from acquisitions within the past twelve months.
Other operating expenses$271M+28.4% YoY
$72M from acquisitions; increased information technology-related costs.
Margins: Income before income taxes margin declined to 22.9% from 24.2% YoY, pressured by higher interest expense and amortization from the Accession acquisition. EBITDAC Margin-Adjusted remained relatively stable at 35.7% versus 36.7% prior year, with growth in Contingents and expense leverage partially offset by organic revenue decline.
Watch Items from the Filing
Organic revenue declined 0.7% in Q2 2026, with Retail segment up 1.5% but Specialty Distribution down 3.5%, driven by declining CAT property rates and challenging market conditions.
Total debt increased to $7.759B at June 30, 2026 from $7.613B at year-end 2025; interest expense surged 96% YoY to $100M as Accession acquisition financing cost approximately $199M for the first half of 2026.
Estimated acquisition earn-out payables of $310M outstanding as of June 30, 2026, including $190M in uncapped earn-out provisions; maximum contingent payments totaled $371M excluding uncapped arrangements.
Litigation-Related Impact reduced core commissions and fees by $18M in Q2 2026 and $28M for the first six months, with specific identified customer account losses and employee departures in pending multi-jurisdictional litigation.
Escrow liability of $552M (284M shares, 271M cash) established for Accession acquisition indemnification; mark-to-market gain of $69M in first half of 2026 from stock price changes.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
