Brown & Brown (BRO) Free Cash Flow (2009 - 2026)
Brown & Brown's Free Cash Flow was $493 million in fiscal Q3 2026 (quarter ended Sep 30, 2026), up 9.1% from $452 million a year earlier and up 49.8% from the prior quarter.
Brown & Brown (BRO) Free Cash Flow (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Brown & Brown's Free Cash Flow was $1.49 billion through Sep 30, 2026, up 14.5% year-over-year; for FY2025 (ended Dec 31, 2025), it came in at $1.38 billion, up 26.6% from FY2024.
- Free Cash Flow has now increased for 11 consecutive fiscal years, with a five-year compound annual growth rate of 16.6% (FY2020 to FY2025).
- In earlier fiscal years, Free Cash Flow was $1.09 billion in FY2024 (+16.0%), $941 million in FY2023 (+13.5%), $829 million in FY2022 (+8.5%) and $763.8 million in FY2021 (+18.9%).
- The fiscal Q3 2026 figure marks the highest quarterly Free Cash Flow in data going back to fiscal Q3 2009.
- Compared with a year earlier, Free Cash Flow has increased for five straight quarters, with growth averaging 12.5% over the last seven quarters.
- The best year-over-year quarter for Free Cash Flow over five years was fiscal Q4 2022 (growth of 53.3%); the worst was fiscal Q1 2023 (a decline of 48.7%).
- Per Business Quant data, BRO's Free Cash Flow in the three fiscal quarters before Q3 2026 was $329 million (Q2 2026), $241 million (Q1 2026) and $424 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,248.67 Bn | -185.49 Bn | 56.71 Bn | 6.76 Bn |
| 2 | Chubb | 141.22 Bn | 92.15 Bn | 8.67 Bn | 6.07 Bn |
| 3 | Progressive | 134.26 Bn | 109.78 Bn | 8.29 Bn | 4.40 Bn |
| 4 | Marsh & Mclennan Companies | 98.32 Bn | 90.72 Bn | - | 1.40 Bn |
| 5 | Travelers Companies | 82.09 Bn | 59.57 Bn | 5.93 Bn | 3.87 Bn |
| 6 | Manulife Financial | 75.36 Bn | -19.02 Bn | - | -175.73 Mn |
| 7 | Arthur J. Gallagher | 72.54 Bn | 67.17 Bn | 3.33 Bn | 1.30 Bn |
| 8 | Aon | 71.33 Bn | 50.56 Bn | - | 1.10 Bn |
| 9 | Allstate | 65.04 Bn | 22.10 Bn | -9.85 Bn | 3.72 Bn |
| 10 | Brown & Brown | 23.50 Bn | 19.42 Bn | - | 493.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 493.00 Mn |
| Jun 30, 2026 | 329.00 Mn |
| Mar 31, 2026 | 241.00 Mn |
| Dec 31, 2025 | 424.00 Mn |
| Sep 30, 2025 | 452.00 Mn |
| Jun 30, 2025 | 310.00 Mn |
| Mar 31, 2025 | 196.00 Mn |
| Dec 31, 2024 | 341.00 Mn |
| Sep 30, 2024 | 417.00 Mn |
| Jun 30, 2024 | 334.00 Mn |
| Dec 31, 2023 | 275.00 Mn |
| Sep 30, 2023 | 302.20 Mn |
| Jun 30, 2023 | 314.70 Mn |
| Mar 31, 2023 | 48.00 Mn |
| Dec 31, 2022 | 261.60 Mn |
| Sep 30, 2022 | 239.50 Mn |
| Jun 30, 2022 | 234.30 Mn |
| Mar 31, 2022 | 93.60 Mn |
| Dec 31, 2021 | 170.60 Mn |
| Sep 30, 2021 | 238.40 Mn |
Brown & Brown Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=BRO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "BRO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=BRO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();