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% on a QoQ basis from 19.98% in Q4 2025.
Brown & Brown (BRO) has 18 years of EBT Margin data on file, last reported at 28.04% in Q1 2026.
- Quarterly EBT Margin fell 238.0% year-over-year to 28.04% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 23.07% (down 450.0% YoY) and the FY2025 annual result came in at 23.23%, down 389.0% from the prior year.
- EBT Margin advanced to 28.04% in Q1 2026 per BRO's latest filing, from 19.98% in the prior quarter.
- Across five years, EBT Margin topped out at 34.6% in Q4 2023 and bottomed at 19.36% in Q3 2025.
- The 5-year median for EBT Margin is 24.26% (2023), against an average of 25.66%.
- The widest annual swing landed in 2023, when EBT Margin surged 1305 bps; it then tumbled 1135 bps in 2024.
- Tracing BRO's EBT Margin over 5 years: stood at 21.55% in 2022, then surged by 61 bps to 34.6% in 2023, then plunged by 33 bps to 23.25% in 2024, then dropped by 14 bps to 19.98% in 2025, then soared by 40 bps to 28.04% in 2026.
- Per Business Quant, the three latest BRO EBT Margin figures stand at 28.04% (Q1 2026), 19.98% (Q4 2025), and 19.36% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 30.85% |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | 22.12% |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | 15.91% |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 28.04% |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | 1.54% |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | 13.68% |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | -27.69% |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | 10.52% |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | 19.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Mar 31, 2021 | 29.34% |
| Dec 31, 2020 | 20.39% |
| Sep 30, 2020 | 23.52% |
| Jun 30, 2020 | 21.61% |
| Mar 31, 2020 | 29.39% |
| Dec 31, 2019 | 17.63% |
| Sep 30, 2019 | 24.54% |
| Jun 30, 2019 | 21.47% |
| Mar 31, 2019 | 23.98% |
| Dec 31, 2018 | 19.78% |
| Sep 30, 2018 | 26.84% |
| Jun 30, 2018 | 21.33% |
| Mar 31, 2018 | 23.62% |
| Dec 31, 2017 | 22.42% |
| Sep 30, 2017 | 26.16% |
| Jun 30, 2017 | 23.16% |
| Mar 31, 2017 | 23.86% |
| Dec 31, 2016 | 21.88% |
| Sep 30, 2016 | 25.30% |
| Jun 30, 2016 | 24.43% |
| Mar 31, 2016 | 24.18% |
| Dec 31, 2015 | 23.49% |
| Sep 30, 2015 | 26.11% |
| Jun 30, 2015 | 24.06% |
| Mar 31, 2015 | 23.20% |
| Dec 31, 2014 | 9.78% |
| Sep 30, 2014 | 26.74% |
| Jun 30, 2014 | 25.59% |
| Mar 31, 2014 | 23.88% |
| Dec 31, 2013 | 22.28% |
| Sep 30, 2013 | 26.57% |
| Jun 30, 2013 | 26.47% |
| Mar 31, 2013 | 29.70% |
| Dec 31, 2012 | 22.86% |
| Sep 30, 2012 | 26.88% |
| Jun 30, 2012 | 24.34% |
| Mar 31, 2012 | 27.37% |
| Dec 31, 2011 | 24.45% |
| Sep 30, 2011 | 24.84% |
| Jun 30, 2011 | 22.15% |
| Mar 31, 2011 | 26.44% |
| Dec 31, 2010 | 22.60% |
| Sep 30, 2010 | 28.01% |
| Jun 30, 2010 | 26.68% |
| Mar 31, 2010 | 28.32% |
| Dec 31, 2009 | 16.71% |
| Sep 30, 2009 | 26.46% |
| Jun 30, 2009 | 26.59% |