Brown & Brown (BRO) EBT Margin (2009 - 2026)
Brown & Brown's (BRO) quarterly EBT Margin came in at 28.04% in Q1 2026, down 238.0% year-on-year from 20.32% in Q1 2025, and up 40.36% on a QoQ basis 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.
- On a quarterly basis, EBT Margin fell 238.0% year-over-year to 28.04% in Q1 2026; TTM through Mar 2026 was 23.07%, a 450.0% decrease from a year earlier, with the FY2025 full-year figure at 23.23%, down 389.0% from the prior year.
- EBT Margin for Q1 2026 stood at 28.04%, up from 19.98% in the prior quarter.
- Over the last five years, EBT Margin for BRO reached as high as 34.6% in Q4 2023 and fell as low as 19.36% in Q3 2025.
- Historically, EBT Margin has averaged 25.66% across 5 years, with a median of 24.26% in 2023.
- Across the five-year window, EBT Margin surged 1305 bps in 2023 and tumbled 1135 bps in 2024, its largest moves.
- Year by year, EBT Margin stood at 21.55% in 2022, then jumped by 61 bps to 34.6% in 2023, then tumbled by 33 bps to 23.25% in 2024, then slipped by 14 bps to 19.98% in 2025, then surged by 40 bps to 28.04% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 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 | 84.27 Bn | 72.32 Bn | 6.04 Bn | 22.99% |
| 2 | Aon | 75.99 Bn | 74.60 Bn | - | 30.85% |
| 3 | Arthur J. Gallagher | 62.23 Bn | 60.85 Bn | - | 21.92% |
| 4 | Willis Towers Watson | 27.24 Bn | 25.46 Bn | 1.98 Bn | 15.91% |
| 5 | Brown & Brown | 23.60 Bn | 22.62 Bn | 1.61 Bn | 28.04% |
| 6 | Neptune Insurance Holdings | 4.12 Bn | 4.11 Bn | 26.44 Mn | 26.66% |
| 7 | Accelerant Holdings | 3.06 Bn | 1.55 Bn | 48.00 Mn | 1.54% |
| 8 | Corvel | 3.03 Bn | 2.68 Bn | 54.92 Mn | 13.68% |
| 9 | Baldwin Insurance | 2.43 Bn | 2.87 Bn | - | -4,339.57% |
| 10 | Goosehead Insurance | 1.31 Bn | 1.20 Bn | - | 18.64% |
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% |