Growth Metrics

Brown & Brown (BRO) Debt Ratio (2009 - 2026)

Brown & Brown (BRO) reported Debt Ratio of 0.27 for Q1 2026, up 52.75% year-over-year from 0.17 in Q1 2025, and up 4.63% on a QoQ basis from 0.25 in Q4 2025.

Brown & Brown (BRO) has 17 years of Debt Ratio data on file, last reported at 0.27 in Q1 2026.

  • Quarterly Debt Ratio rose 52.75% year-over-year to 0.27 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.27 (up 52.75% YoY) and the FY2025 annual result came in at 0.25, up 344.4% from the prior year.
  • Debt Ratio improved to 0.27 in Q1 2026 per BRO's latest filing, from 0.25 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.34 in Q2 2022 and bottomed at 0.04 in Q3 2024.
  • The 5-year median for Debt Ratio is 0.22 (2023), against an average of 0.2.
  • The widest annual swing landed in 2024, when Debt Ratio sank 77.93%; it then jumped 448.88% in 2025.
  • Tracing BRO's Debt Ratio over 5 years: stood at 0.21 in 2022, then dropped by 11.78% to 0.19 in 2023, then tumbled by 69.74% to 0.06 in 2024, then jumped by 344.4% to 0.25 in 2025, then climbed by 4.63% to 0.27 in 2026.
  • Per Business Quant, the three latest BRO Debt Ratio figures stand at 0.27 (Q1 2026), 0.25 (Q4 2025), and 0.24 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Aon 69.60 Bn 68.21 Bn - 0.29
2 Arthur J. Gallagher 52.64 Bn 51.26 Bn - 0.16
3 Willis Towers Watson 24.45 Bn 22.68 Bn 1.98 Bn 0.21
4 Brown & Brown 19.37 Bn 18.39 Bn 1.61 Bn 0.27
5 XChange TEC.INC 6.95 Bn 6.95 Bn - 0.47
6 Accelerant Holdings 3.83 Bn 2.32 Bn 48.00 Mn -
7 Corvel 3.22 Bn 2.87 Bn 54.92 Mn -
8 Baldwin Insurance 1.84 Bn 2.28 Bn - 0.38
9 Goosehead Insurance 1.01 Bn 899.53 Mn - 0.81
10 Twfg 279.02 Mn 351.22 Mn - 0.01

Historic Data

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DateValue
Mar 31, 2026 0.27
Dec 31, 2025 0.25
Sep 30, 2025 0.24
Jun 30, 2025 0.28
Mar 31, 2025 0.17
Dec 31, 2024 0.06
Sep 30, 2024 0.04
Jun 30, 2024 0.22
Mar 31, 2024 0.26
Dec 31, 2023 0.19
Sep 30, 2023 0.20
Jun 30, 2023 0.08
Mar 31, 2023 0.22
Dec 31, 2022 0.21
Sep 30, 2022 0.30
Jun 30, 2022 0.34
Mar 31, 2022 0.07
Dec 31, 2021 0.05
Sep 30, 2021 0.19
Jun 30, 2021 0.20
Mar 31, 2021 0.18
Dec 31, 2020 0.23
Sep 30, 2020 0.24
Mar 31, 2020 0.09
Dec 31, 2019 0.09
Sep 30, 2019 0.09
Jun 30, 2019 0.21
Mar 31, 2019 0.22
Dec 31, 2018 0.15
Sep 30, 2018 0.15
Jun 30, 2018 0.15
Mar 31, 2018 0.17
Dec 31, 2017 0.17
Sep 30, 2017 0.13
Jun 30, 2017 0.19
Mar 31, 2017 0.20
Dec 31, 2016 0.20
Sep 30, 2016 0.20
Jun 30, 2016 0.22
Mar 31, 2016 0.23
Dec 31, 2015 0.23
Sep 30, 2015 0.23
Jun 30, 2015 0.23
Mar 31, 2015 0.24
Dec 31, 2014 0.24
Mar 31, 2012 0.15
Dec 31, 2011 0.10
Sep 30, 2011 0.10
Jun 30, 2011 0.10
Mar 31, 2011 0.10
Dec 31, 2010 0.10
Sep 30, 2010 0.11
Jun 30, 2010 0.11
Dec 31, 2009 0.12