Brown & Brown (BRO) Debt to Equity (2009 - 2026)
Brown & Brown (BRO) reported Debt to Equity of $0.63 for Q1 2026, up 46.82% year-over-year from $0.43 in Q1 2025, and up 3.28% on a QoQ basis from $0.61 in Q4 2025.
Brown & Brown (BRO) has 17 years of Debt to Equity data on file, last reported at $0.63 in Q1 2026.
- Quarterly Debt to Equity rose 46.82% year-over-year to $0.63 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $0.63 (up 46.82% YoY) and the FY2025 annual result came in at $0.61, up 287.44% from the prior year.
- Debt to Equity rose to $0.63 in Q1 2026 per BRO's latest filing, from $0.61 in the prior quarter.
- Across five years, Debt to Equity topped out at $0.99 in Q2 2022 and bottomed at $0.12 in Q3 2024.
- The 5-year median for Debt to Equity is $0.59 (2024), against an average of $0.53.
- The widest annual swing landed in 2022, when Debt to Equity surged 459.45%; it then sank 78.07% in 2023.
- Tracing BRO's Debt to Equity over 5 years: stood at $0.65 in 2022, then dropped by 22.42% to $0.5 in 2023, then tumbled by 68.96% to $0.16 in 2024, then surged by 287.44% to $0.61 in 2025, then climbed by 3.28% to $0.63 in 2026.
- Per Business Quant, the three latest BRO Debt to Equity figures stand at $0.63 (Q1 2026), $0.61 (Q4 2025), and $0.57 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 1.47 |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | 0.53 |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | 0.78 |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 0.63 |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | -0.04 |
| 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 | - | 2.35 |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | -2.62 |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | 0.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.63 |
| Dec 31, 2025 | 0.61 |
| Sep 30, 2025 | 0.57 |
| Jun 30, 2025 | 0.61 |
| Mar 31, 2025 | 0.43 |
| Dec 31, 2024 | 0.16 |
| Sep 30, 2024 | 0.12 |
| Jun 30, 2024 | 0.59 |
| Mar 31, 2024 | 0.67 |
| Dec 31, 2023 | 0.50 |
| Sep 30, 2023 | 0.54 |
| Jun 30, 2023 | 0.22 |
| Mar 31, 2023 | 0.62 |
| Dec 31, 2022 | 0.65 |
| Sep 30, 2022 | 0.95 |
| Jun 30, 2022 | 0.99 |
| Mar 31, 2022 | 0.19 |
| Dec 31, 2021 | 0.12 |
| Sep 30, 2021 | 0.45 |
| Jun 30, 2021 | 0.47 |
| Mar 31, 2021 | 0.42 |
| Dec 31, 2020 | 0.56 |
| Sep 30, 2020 | 0.57 |
| Mar 31, 2020 | 0.20 |
| Dec 31, 2019 | 0.21 |
| Sep 30, 2019 | 0.22 |
| Jun 30, 2019 | 0.47 |
| Mar 31, 2019 | 0.48 |
| Dec 31, 2018 | 0.34 |
| Sep 30, 2018 | 0.29 |
| Jun 30, 2018 | 0.31 |
| Mar 31, 2018 | 0.35 |
| Dec 31, 2017 | 0.38 |
| Sep 30, 2017 | 0.39 |
| Jun 30, 2017 | 0.40 |
| Mar 31, 2017 | 0.44 |
| Dec 31, 2016 | 0.45 |
| Sep 30, 2016 | 0.48 |
| Jun 30, 2016 | 0.50 |
| Mar 31, 2016 | 0.52 |
| Dec 31, 2015 | 0.53 |
| Sep 30, 2015 | 0.53 |
| Jun 30, 2015 | 0.55 |
| Mar 31, 2015 | 0.57 |
| Dec 31, 2014 | 0.57 |
| Mar 31, 2012 | 0.27 |
| Dec 31, 2011 | 0.15 |
| Sep 30, 2011 | 0.16 |
| Jun 30, 2011 | 0.16 |
| Mar 31, 2011 | 0.16 |
| Dec 31, 2010 | 0.17 |
| Sep 30, 2010 | 0.17 |
| Jun 30, 2010 | 0.18 |
| Dec 31, 2009 | 0.20 |