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| 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% |