Brown & Brown, Inc. (BRO)

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Company Performance

Current Price

as of Sep 13, 2024

$103.13

P/E Ratio

29.69

Market Cap

$29.42B

Description

Brown & Brown, Inc. is an insurance agency, wholesale brokerage, insurance program and service organization. It engages in the provision of insurance brokerage services and casualty insurance underwriting services. It operates through the following segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail Segment receives fees in lieu of commissions. The National Programs segment acts as a managing general agent and provides professional liability and related package products for certain professionals, a range of insurance products for individuals, flood coverage, and targeted products and services designated for specific industries, trade groups, governmental entities and market niches. The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance, primarily through independent agents and brokers, as well as the company’s retail agents. The Services segment provides insurance-related services, including third-party claims administration and comprehensive medical utilization management services in both the workers' compensation and all-lines liability arenas, as well as Medicare Set-aside services, social security disability and Medicare benefits advocacy services and claims adjusting services. The company was founded by J. Adrian Brown and Charles Covington Owen in 1939 and is headquartered in Daytona Beach, FL.

Metrics

Overview

  • HQDaytona Beach, FL
  • SectorFinance
  • IndustryInsurance Brokers/Services
  • TickerBRO
  • Price$103.13+0.94%

Trading Information

  • Market Cap$29.42B
  • Float82.57%
  • Average Daily Volume (1m)1,052,691
  • Average Daily Volume (3m)1,156,081
  • EPS$3.49

Company

  • Revenue$4.53B
  • Rev Growth (1yr)12.48%
  • Net Income$254.00M
  • Gross Margin95.33%
  • EBITDA Margin35.65%
  • EBITDA$420.00M
  • EV$26.67B
  • EV/Revenue5.89
  • P/E29.69
  • P/S6.44