Brown & Brown (BRO) Invested Capital (2009 - 2026)
Brown & Brown's (BRO) quarterly Invested Capital came in at $20.4 billion in Q2 2026, up 6.29% year-over-year from $19.2 billion in Q2 2025, and down 0.65% quarter-over-quarter from $20.5 billion in Q1 2026.
Brown & Brown (BRO) Invested Capital (2009 - 2026) Analysis & Trends
Brown & Brown (BRO) has reported Invested Capital for 17 consecutive years, with $20.4 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Invested Capital rose 6.29% year-over-year to $20.4 billion in Q2 2026; TTM through Jun 2026 was $20.4 billion, a 6.29% increase from a year earlier, with the FY2025 full-year figure at $20.2 billion, up 96.73% from the prior year.
- Invested Capital was $20.4 billion for Q2 2026 at Brown & Brown, down from $20.5 billion in the prior quarter.
- Over five years, Invested Capital peaked at $20.5 billion in Q1 2026 and troughed at $7.9 billion in Q1 2022.
- A 5-year average of $12.2 billion and a median of $9.9 billion in 2024 frame the typical range for Invested Capital.
- Across the five-year window, Invested Capital advanced 4.48% in 2023 and jumped 99.91% in 2025, its largest moves.
- Over 5 years, Invested Capital stood at $8.5 billion in 2022, then rose by 9.67% to $9.4 billion in 2023, then grew by 9.45% to $10.3 billion in 2024, then soared by 96.73% to $20.2 billion in 2025, then rose by 0.9% to $20.4 billion in 2026.
- The last three Invested Capital figures came in at $20.4 billion (Q2 2026), $20.5 billion (Q1 2026), and $20.2 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 81.24 Bn | 69.29 Bn | 6.04 Bn | 36.64 Bn |
| 2 | Aon | 60.67 Bn | 59.43 Bn | - | 24.65 Bn |
| 3 | Arthur J. Gallagher | 59.09 Bn | 57.73 Bn | - | 38.74 Bn |
| 4 | Willis Towers Watson | 28.02 Bn | 26.44 Bn | 2.09 Bn | 14.30 Bn |
| 5 | Brown & Brown | 20.61 Bn | 19.72 Bn | 1.41 Bn | 20.37 Bn |
| 6 | XChange TEC.INC | 11.95 Bn | 11.95 Bn | - | -27.41 Mn |
| 7 | Erie Indemnity | 10.83 Bn | 10.48 Bn | - | - |
| 8 | Ryan Specialty Holdings | 9.82 Bn | 10.19 Bn | - | 4.65 Bn |
| 9 | Hagerty | 4.67 Bn | 4.81 Bn | 244.11 Mn | 865.76 Mn |
| 10 | Baldwin Insurance | 4.45 Bn | 4.81 Bn | - | 3.69 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.37 Bn |
| Mar 31, 2026 | 20.50 Bn |
| Dec 31, 2025 | 20.19 Bn |
| Sep 30, 2025 | 20.14 Bn |
| Jun 30, 2025 | 19.16 Bn |
| Mar 31, 2025 | 10.65 Bn |
| Dec 31, 2024 | 10.26 Bn |
| Sep 30, 2024 | 10.07 Bn |
| Jun 30, 2024 | 10.15 Bn |
| Mar 31, 2024 | 9.67 Bn |
| Dec 31, 2023 | 9.38 Bn |
| Sep 30, 2023 | 8.91 Bn |
| Jun 30, 2023 | 8.89 Bn |
| Mar 31, 2023 | 8.77 Bn |
| Dec 31, 2022 | 8.55 Bn |
| Sep 30, 2022 | 8.42 Bn |
| Jun 30, 2022 | 8.51 Bn |
| Mar 31, 2022 | 7.88 Bn |
| Dec 31, 2021 | 6.22 Bn |
| Sep 30, 2021 | 6.15 Bn |
Brown & Brown Invested Capital 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=invested-capital&ticker=BRO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=BRO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();