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% quarter-over-quarter from $0.61 in Q4 2025.
Brown & Brown (BRO) Debt to Equity (2009 - 2026) Analysis & Trends
Brown & Brown (BRO) has 17 years of Debt to Equity data on file, last reported at $0.63 in Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.63, up 46.82% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.63 (up 46.82% YoY), and the FY2025 annual result was $0.61, up 287.44% from the prior year.
- Debt to Equity improved to $0.63 in Q1 2026 per BRO's latest filing, from $0.61 in the prior quarter.
- Over five years, Debt to Equity peaked at $0.99 in Q2 2022 and troughed at $0.12 in Q3 2024.
- A 5-year average of $0.53 and a median of $0.59 in 2024 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2022 and 2023: Debt to Equity jumped 459.45% in 2022, then tumbled 78.07% in 2023.
- A 5-year view of Debt to Equity shows it stood at $0.65 in 2022, then fell by 22.42% to $0.5 in 2023, then sank by 68.96% to $0.16 in 2024, then jumped by 287.44% to $0.61 in 2025, then increased by 3.28% to $0.63 in 2026.
- Business Quant data shows BRO's Debt to Equity at $0.63 in Q1 2026, $0.61 in Q4 2025, and $0.57 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 79.42 Bn | 67.92 Bn | 5.88 Bn | 1.39 |
| 2 | Aon | 69.98 Bn | 68.59 Bn | - | 1.47 |
| 3 | Arthur J. Gallagher | 55.55 Bn | 54.17 Bn | - | 0.53 |
| 4 | Willis Towers Watson | 24.71 Bn | 22.93 Bn | 1.98 Bn | 0.78 |
| 5 | Brown & Brown | 19.80 Bn | 18.82 Bn | 1.61 Bn | 0.63 |
| 6 | XChange TEC.INC | 6.75 Bn | 6.75 Bn | - | -0.04 |
| 7 | Neptune Insurance Holdings | 4.00 Bn | 3.99 Bn | - | -1.06 |
| 8 | Corvel | 2.98 Bn | 2.64 Bn | 54.92 Mn | - |
| 9 | Accelerant Holdings | 2.93 Bn | 1.42 Bn | 48.00 Mn | - |
| 10 | Baldwin Insurance | 1.62 Bn | 2.07 Bn | - | 2.35 |
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 |