US stock · Financial Services sector · Insurance Brokers
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Brown & Brown, Inc.

BRONYSE

56.18

USD
+0.22
(+0.39%)
Pre Market
26.25P/E
22Forward P/E
1.01P/E to S&P500
15.858BMarket CAP
0.70%Div Yield
Upcoming Earnings
25 Jul-29 Jul
Shares Short
5/13/22
6.41M
Short % of Float
2.73%
Short % of Shares Outs.
2.27%
% Held by Insiders
16.79%
% Held by Institutions
75.49%
Beta
0.81
PEG Ratio
1.82
52w. high/low
74.00/51.47
Avg. Daily Volume
1.95M
Return %
Stock
S&P 500
1 year
8.69
(6.01)
3 years
76.61
39.24
5 years
162.16
63.25
Scale: |
High
Low
14.57
11.55
13.71
8.13
10.75
7.47
12.20
8.16
13.54
8.38
14.09
10.93
17.57
12.65
16.73
13.88
17.30
14.84
22.81
14.21
26.21
20.55
31.55
24.34
40.40
26.23
48.69
30.70
70.75
42.72
74.00
53.40
Currency: USD
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
TTM
Revenue per share
3.14
3.42
3.47
3.53
3.53
3.66
4.27
4.81
5.56
6.01
6.47
6.81
7.42
8.75
9.50
11.11
11.35
Earnings per share
0.62
0.68
0.59
0.56
0.59
0.59
0.66
0.77
0.73
0.88
0.95
1.47
1.27
1.46
1.75
2.14
2.15
FCF per share
0.75
0.66
1.16
0.77
1.04
0.81
0.70
1.32
1.28
1.43
1.31
1.53
1.94
2.22
2.37
3.27
3.17
Dividends per share
0.11
0.13
0.14
0.16
0.16
0.17
0.18
0.19
0.21
0.23
0.26
0.29
0.31
0.34
0.37
0.39
0.40
CAPEX per share
0.05
0.11
0.05
0.04
0.04
0.05
0.09
0.06
0.09
0.07
0.07
0.09
0.15
0.27
0.26
0.16
0.16
Book Value per sh.
3.33
3.91
4.40
4.99
5.46
5.93
6.48
7.12
7.50
7.80
8.67
9.48
11.07
12.30
13.68
15.30
15.00
Comm.Shares outs.
279
281
282
274
276
277
279
282
282
276
272
273
271
272
274
274
276
Avg. annual P/E ratio
24.6
19.4
16.7
16.8
16.8
19.6
19.2
20.2
21.2
18.3
19.2
15.4
21.8
22.8
24.5
25.4
26.3
P/E to S&P500
1.4
1.1
0.8
0.2
0.8
1.2
1.3
1.2
1.2
0.9
0.9
0.7
0.9
0.9
0.6
0.8
1.0
Avg. annual div. yield
0.7%
1.0%
1.5%
1.7%
1.6%
1.4%
1.4%
1.2%
1.4%
1.4%
1.4%
1.3%
1.1%
1.0%
0.9%
0.7%
0.6%
Revenue (m)
878
960
978
968
973
1,014
1,189
1,356
1,567
1,657
1,763
1,857
2,010
2,385
2,606
3,048
3,138
Operating margin
33.4%
33.9%
29.4%
27.8%
28.6%
27.9%
26.2%
27.2%
26.6%
26.6%
26.5%
25.4%
24.8%
23.9%
25.7%
28.0%
27.9%
Depreciation (m)
48
53
60
63
64
67
79
85
104
108
108
108
109
129
135
153
155
Net profit (m)
172
191
166
153
162
164
184
217
207
243
257
400
344
399
480
587
608
Income tax rate
38.5%
38.7%
39.0%
39.8%
39.2%
39.4%
39.6%
39.3%
39.1%
39.6%
39.2%
11.1%
25.6%
24.2%
23.0%
23.0%
23.8%
Net profit margin
19.6%
19.9%
17.0%
15.8%
16.6%
16.2%
15.5%
16.0%
13.2%
14.7%
14.6%
21.5%
17.1%
16.7%
18.4%
19.3%
19.1%
Working capital (m)
58
31
0
135
183
227
192
21
301
209
316
255
384
449
604
663
1,870
Long-term debt (m)
226
228
254
250
250
250
450
380
1,153
1,080
1,018
856
1,457
1,500
2,199
2,160
3,683
Equity (m)
929
1,097
1,242
1,370
1,506
1,644
1,807
2,007
2,114
2,150
2,360
2,583
3,001
3,350
3,754
4,197
4,335
ROIC
14.8%
14.2%
11.0%
9.3%
8.8%
8.1%
7.6%
8.3%
6.1%
7.2%
7.3%
11.5%
7.6%
8.0%
8.0%
9.0%
7.4%
Return on capital
16.2%
16.6%
13.5%
12.1%
11.7%
10.9%
10.3%
10.2%
7.4%
8.8%
8.8%
8.5%
7.5%
7.7%
7.6%
8.5%
7.6%
Return on equity
18.5%
17.4%
13.4%
11.2%
10.7%
10.0%
10.2%
10.8%
9.8%
11.3%
10.9%
15.5%
11.5%
11.9%
12.8%
14.0%
14.0%
Plowback ratio
83.0%
81.6%
75.8%
72.0%
72.5%
71.6%
73.1%
75.3%
71.3%
73.7%
72.7%
80.6%
75.4%
77.1%
79.1%
81.7%
81.9%
Div.&Repurch./FCF
8.6%
12.9%
8.9%
15.6%
11.7%
16.9%
18.5%
11.0%
33.2%
53.9%
20.5%
45.2%
29.8%
20.7%
23.9%
17.4%
12.9%
Capital Structure
9 May · 2022 | Q1
All numbers in millions
Total liabilities
$ 6,938
Total assets
$ 11,273
Long-term debt
$ 3,683
Cash and equiv.
$ 1,695
Goodwill
$ 5,141
Retained earnings
$ 4,192
Common stock
277
Enterprise Value
$ 17,846
Working Capital
Currency: USD, in millions
2019
2020
2021
Cash & Investments
554
836
900
Receivables
1,001
1,143
1,279
Inventory
- -
- -
- -
Other
939
1,255
1,496
Current assets
2,495
2,958
3,330
Acc. Payable
1,114
1,389
1,591
Debt due
98
114
86
Other
833
852
990
Current liabilities
2,045
2,354
2,667
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
16.94%
13.27%
11.13%
Cash flow
37.86%
21.60%
21.11%
Earnings
22.19%
11.17%
15.17%
Dividends
6.60%
8.39%
8.97%
Book value
11.79%
12.92%
9.89%
Insider Trading
Type
Shares
Date
Gellerstedt Lawrence L Iii
Purchase
1,800
05/19/22
Gellerstedt Lawrence L Iii
Purchase
1,690
05/05/22
Hays James Charles
Purchase
5,000
05/05/22
Brown Hugh M
Purchase
487
05/05/22
Brown Hugh M
Purchase
824
05/05/22
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2020
697
598
671
640
2,606
2021
814
726
770
738
3,048
2022
905
- -
- -
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.56
0.35
0.49
0.35
1.75
2021
0.73
0.51
0.53
0.37
2.14
2022
0.80
- -
- -
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.09
0.09
0.09
0.10
0.37
2021
0.10
0.10
0.10
0.11
0.39
2022
0.10
- -
- -
- -
- -
Company Description
Sector:
Financial Services
Industry:
Insurance Brokers
CEO:
Mr. J. Powell Brown
Full-time employees:
12,023
City:
Daytona Beach
Address:
220 S Ridgewood Ave
IPO:
Dec 8, 1997
Brown & Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Ireland, the United Kingdom, and the Cayman Islands. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The Retail segment offers property and casualty, employee benefits insurance products, personal insurance products, specialties insurance products, loss control survey and analysis, consultancy, and claims processing services. It serves commercial, public and quasi-public entities, professional, and individual customers. The National Programs segment offers professional liability and related package insurance products for dentistry, legal, eyecare, insurance, financial, physicians, real estate title professionals, as well as supplementary insurance products related to weddings, events, medical facilities, and cyber liabilities. This segment also offers outsourced product development, marketing, underwriting, actuarial, compliance, and claims and other administrative services to insurance carrier partners; and commercial and public entity-related programs, and flood insurance products. It serves through independent agents. The Wholesale Brokerage segment markets and sells excess and surplus commercial and personal lines insurance through independent agents and brokers. The Services segment offers third-party claims administration and medical utilization management services in the workers' compensation and all-lines liability arenas, Medicare Set-aside, Social Security disability, Medicare benefits advocacy, and claims adjusting services. The company was founded in 1939 and is headquartered in Daytona Beach, Florida.