Brown & Brown (BRO) EBT Margin (2009 - 2026)

Brown & Brown (BRO) reported EBT Margin of 28.04% for Q1 2026, down 238.0% year-over-year from 20.32% in Q1 2025, and up 40.36% quarter-over-quarter from 19.98% in Q4 2025.

Brown & Brown (BRO) EBT Margin (2009 - 2026) Analysis & Trends

Brown & Brown (BRO) has 18 years of EBT Margin data on file, last reported at 28.04% in Q1 2026.

  • EBT Margin for Q1 2026 came in at 28.04%, down 238.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.07% (down 450.0% YoY), and the FY2025 annual result was 23.23%, down 389.0% from the prior year.
  • EBT Margin grew to 28.04% in Q1 2026 per BRO's latest filing, from 19.98% in the prior quarter.
  • Over five years, EBT Margin peaked at 34.6% in Q4 2023 and troughed at 19.36% in Q3 2025.
  • A 5-year average of 25.66% and a median of 24.26% in 2023 frame the typical range for EBT Margin.
  • The sharpest annual moves came in 2023 and 2024: EBT Margin jumped 1305 bps in 2023, then sank 1135 bps in 2024.
  • A 5-year view of EBT Margin shows it stood at 21.55% in 2022, then jumped by 61 bps to 34.6% in 2023, then slumped by 33 bps to 23.25% in 2024, then fell by 14 bps to 19.98% in 2025, then surged by 40 bps to 28.04% in 2026.
  • Business Quant data shows BRO's EBT Margin at 28.04% in Q1 2026, 19.98% in Q4 2025, and 19.36% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn 20.81%
2 Aon 69.98 Bn 68.59 Bn - 30.85%
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 22.12%
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn 15.91%
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 28.04%
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - 26.66%
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn 13.68%
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn 1.54%
10 Baldwin Insurance 1.62 Bn 2.07 Bn - -27.69%

Historic Data

Download Data
DateValue
Mar 31, 2026 28.04%
Dec 31, 2025 19.98%
Sep 30, 2025 19.36%
Jun 30, 2025 24.20%
Mar 31, 2025 30.41%
Dec 31, 2024 23.25%
Sep 30, 2024 26.73%
Jun 30, 2024 29.37%
Mar 31, 2024 28.93%
Dec 31, 2023 34.60%
Sep 30, 2023 22.66%
Jun 30, 2023 24.26%
Mar 31, 2023 26.34%
Dec 31, 2022 21.55%
Sep 30, 2022 23.50%
Jun 30, 2022 23.68%
Mar 31, 2022 29.29%
Dec 31, 2021 19.07%
Sep 30, 2021 25.51%
Jun 30, 2021 25.62%