Brown & Brown (BRO) EBT Margin (2009 - 2026)
Brown & Brown (BRO) posted quarterly EBT Margin of 22.85% for Q2 2026, down 135.0% year-over-year from 65.29% in Q2 2025, and down 18.5% quarter-over-quarter from 28.04% in Q1 2026.
Brown & Brown (BRO) EBT Margin (2009 - 2026) Analysis & Trends
Brown & Brown (BRO) has reported EBT Margin for 18 consecutive years, with 22.85% the latest figure, recorded in Q2 2026.
- In Q2 2026, EBT Margin fell 135.0% year-over-year to 22.85%; the TTM figure through Jun 2026 stood at 22.8% (down 350.0% YoY), while the FY2025 annual figure was 23.23%, down 389.0% from the prior year.
- EBT Margin fell to 22.85% in Q2 2026 per BRO's latest filing, from 28.04% 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.
- Historically, EBT Margin has averaged 25.5% across 5 years, with a median of 24.23% in 2023.
- Annual changes were most pronounced in 2023 — EBT Margin jumped 1305 bps — and 2024, when it sank 1135 bps.
- Brown & Brown's EBT Margin stood at 21.55% in 2022, then surged by 61 bps to 34.6% in 2023, then tumbled by 33 bps to 23.25% in 2024, then retreated by 14 bps to 19.98% in 2025, then climbed by 14 bps to 22.85% in 2026.
- Business Quant data shows BRO's EBT Margin at 22.85% in Q2 2026, 28.04% in Q1 2026, and 19.98% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 279.91 Bn | 279.90 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 91.40 Bn | 79.19 Bn | 6.04 Bn | 22.99% |
| 3 | Aon | 75.07 Bn | 73.80 Bn | - | 17.05% |
| 4 | Arthur J. Gallagher | 66.45 Bn | 65.07 Bn | - | 10.34% |
| 5 | Willis Towers Watson | 32.02 Bn | 30.36 Bn | 2.09 Bn | 11.84% |
| 6 | Brown & Brown | 23.72 Bn | 22.80 Bn | 1.41 Bn | 22.85% |
| 7 | Erie Indemnity | 12.11 Bn | 11.77 Bn | - | 20.93% |
| 8 | Neptune Insurance Holdings | 4.50 Bn | 4.48 Bn | - | 41.50% |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn | 24.49% |
| 10 | Corvel | 3.60 Bn | 3.25 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 22.85% |
| 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% |