Brown & Brown (BRO) EBITDA Margin (2009 - 2026)
Brown & Brown (BRO) posted quarterly EBITDA Margin of 6.68% for Q2 2026, down 110.0% year-over-year from 66.83% in Q2 2025, and down 47.94% quarter-over-quarter from 12.84% in Q1 2026.
Brown & Brown (BRO) EBITDA Margin (2009 - 2026) Analysis & Trends
Brown & Brown (BRO) has reported EBITDA Margin for 18 consecutive years, with 6.68% the latest figure, recorded in Q2 2026.
- In Q2 2026, EBITDA Margin fell 110.0% year-over-year to 6.68%; the TTM figure through Jun 2026 stood at 6.26% (down 475.0% YoY), while the FY2025 annual figure was 6.98%, down 536.0% from the prior year.
- EBITDA Margin retreated to 6.68% in Q2 2026 per BRO's latest filing, from 12.84% in the prior quarter.
- Across five years, EBITDA Margin topped out at 19.01% in Q4 2023 and bottomed at 2.12% in Q4 2025.
- Historically, EBITDA Margin has averaged 9.75% across 5 years, with a median of 8.28% in 2025.
- Annual changes were most pronounced in 2023 — EBITDA Margin jumped 1370 bps — and 2024, when it plunged 1360 bps.
- Brown & Brown's EBITDA Margin stood at 5.31% in 2022, then soared by 258 bps to 19.01% in 2023, then slumped by 72 bps to 5.41% in 2024, then plunged by 61 bps to 2.12% in 2025, then jumped by 216 bps to 6.68% in 2026.
- Business Quant data shows BRO's EBITDA Margin at 6.68% in Q2 2026, 12.84% in Q1 2026, and 2.12% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 275.27 Bn | 275.26 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 91.74 Bn | 79.53 Bn | 6.04 Bn | 25.65% |
| 3 | Aon | 75.38 Bn | 74.11 Bn | - | 22.70% |
| 4 | Arthur J. Gallagher | 66.71 Bn | 65.32 Bn | - | 15.96% |
| 5 | Willis Towers Watson | 32.19 Bn | 30.52 Bn | 2.09 Bn | 14.76% |
| 6 | Brown & Brown | 23.70 Bn | 22.78 Bn | 1.41 Bn | 7.76% |
| 7 | Erie Indemnity | 12.10 Bn | 11.75 Bn | - | 18.73% |
| 8 | Neptune Insurance Holdings | 4.59 Bn | 4.57 Bn | - | 47.52% |
| 9 | Accelerant Holdings | 4.27 Bn | 2.61 Bn | 285.20 Mn | 2.02% |
| 10 | Corvel | 3.56 Bn | 3.21 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.68% |
| Mar 31, 2026 | 12.84% |
| Dec 31, 2025 | 2.12% |
| Sep 30, 2025 | 2.18% |
| Jun 30, 2025 | 7.78% |
| Mar 31, 2025 | 17.17% |
| Dec 31, 2024 | 5.41% |
| Sep 30, 2024 | 12.82% |
| Jun 30, 2024 | 14.69% |
| Mar 31, 2024 | 16.14% |
| Dec 31, 2023 | 19.01% |
| Sep 30, 2023 | 6.93% |
| Jun 30, 2023 | 8.79% |
| Mar 31, 2023 | 11.92% |
| Dec 31, 2022 | 5.31% |
| Sep 30, 2022 | 5.22% |
| Jun 30, 2022 | 5.34% |
| Mar 31, 2022 | 15.28% |
| Dec 31, 2021 | 3.99% |
| Sep 30, 2021 | 12.38% |