Brown & Brown (BRO) Gross Margin (2009 - 2026)
Brown & Brown's (BRO) quarterly Gross Margin came in at 83.83% in Q2 2026, up 25.0% year-over-year from 67.06% in Q2 2025, and down 1.14% quarter-over-quarter from 84.8% in Q1 2026.
Analysis
Brown & Brown (BRO) Gross Margin (2009 - 2026) Analysis & Trends
Brown & Brown (BRO) has reported Gross Margin for 18 consecutive years, with 83.83% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 25.0% year-over-year to 83.83% in Q2 2026; TTM through Jun 2026 was 83.46%, a 126.0% decrease from a year earlier, with the FY2025 full-year figure at 83.75%, down 147.0% from the prior year.
- Gross Margin was 83.83% for Q2 2026 at Brown & Brown, down from 84.8% in the prior quarter.
- Over five years, Gross Margin peaked at 87.2% in Q1 2024 and troughed at 81.66% in Q2 2022.
- A 5-year average of 84.25% and a median of 84.34% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin sank 516 bps in 2022 and surged 287 bps in 2023, its largest moves.
- Over 5 years, Gross Margin stood at 83.75% in 2022, then advanced by 1 bps to 84.41% in 2023, then decreased by 3 bps to 82.16% in 2024, then fell by 0 bps to 82.14% in 2025, then gained by 2 bps to 83.83% in 2026.
- The last three Gross Margin figures came in at 83.83% (Q2 2026), 84.8% (Q1 2026), and 82.14% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 85.01 Bn | 72.81 Bn | 6.04 Bn | 81.58% |
| 2 | Aon | 65.60 Bn | 64.34 Bn | - | - |
| 3 | Arthur J. Gallagher | 62.53 Bn | 61.14 Bn | - | - |
| 4 | Willis Towers Watson | 29.65 Bn | 27.99 Bn | 2.09 Bn | 84.59% |
| 5 | Brown & Brown | 22.09 Bn | 21.17 Bn | 1.41 Bn | 83.83% |
| 6 | XChange TEC.INC | 16.16 Bn | 16.16 Bn | - | - |
| 7 | Erie Indemnity | 11.12 Bn | 10.78 Bn | - | - |
| 8 | Ryan Specialty Holdings | 4.85 Bn | 4.71 Bn | - | - |
| 9 | Neptune Insurance Holdings | 4.29 Bn | 4.28 Bn | - | - |
| 10 | Baldwin Insurance | 2.73 Bn | 2.54 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 83.83% |
| Mar 31, 2026 | 84.80% |
| Dec 31, 2025 | 82.14% |
| Sep 30, 2025 | 82.81% |
| Jun 30, 2025 | 83.58% |
| Mar 31, 2025 | 86.75% |
| Dec 31, 2024 | 82.16% |
| Sep 30, 2024 | 86.09% |
| Jun 30, 2024 | 85.31% |
| Mar 31, 2024 | 87.20% |
| Dec 31, 2023 | 84.41% |
| Sep 30, 2023 | 84.27% |
| Jun 30, 2023 | 84.53% |
| Mar 31, 2023 | 85.57% |
| Dec 31, 2022 | 83.75% |
| Sep 30, 2022 | 81.72% |
| Jun 30, 2022 | 81.66% |
| Mar 31, 2022 | 85.98% |
| Dec 31, 2021 | 84.93% |
| Sep 30, 2021 | 86.88% |