Brown & Brown (BRO) Invested Capital (2009 - 2026)
Brown & Brown's Invested Capital came in at $20.37 billion for fiscal Q2 2026 (quarter ended Jun 30, 2026), up 6.3% from $19.16 billion a year earlier but down 0.7% from the prior quarter.
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Analysis
Brown & Brown (BRO) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025 (ended Dec 31, 2025), Brown & Brown's Invested Capital was $20.19 billion, up 96.7% from FY2024.
- Invested Capital has increased in each of the last ten fiscal years, with a five-year compound annual growth rate of 28.1% (FY2020 to FY2025).
- Going back by fiscal year, Invested Capital was $10.26 billion in FY2024 (+9.5%), $9.38 billion in FY2023 (+9.7%), $8.55 billion in FY2022 (+37.4%) and $6.22 billion in FY2021 (+6.3%).
- The five-year range for quarterly Invested Capital is $6.15 billion (fiscal Q3 2021) to $20.5 billion (fiscal Q1 2026).
- Year-over-year, Invested Capital has increased for 20 consecutive quarters, with growth averaging 52.1% over the last eight quarters.
- Across the past five years, year-over-year growth in Invested Capital ran from 4.5% in fiscal Q2 2023 to 99.9% in fiscal Q3 2025.
- Business Quant data shows BRO's Invested Capital at $20.5 billion (Q1 2026), $20.19 billion (Q4 2025) and $20.14 billion (Q3 2025) in the three fiscal quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,178.60 Bn | -238.88 Bn | 55.86 Bn | 878.78 Bn |
| 2 | Chubb | 140.37 Bn | 92.42 Bn | 9.13 Bn | 99.39 Bn |
| 3 | Progressive | 133.48 Bn | 109.32 Bn | 9.04 Bn | 42.72 Bn |
| 4 | Marsh & Mclennan Companies | 94.69 Bn | 87.08 Bn | - | 35.44 Bn |
| 5 | Travelers Companies | 84.57 Bn | 60.82 Bn | 6.23 Bn | 42.19 Bn |
| 6 | Manulife Financial | 77.66 Bn | -16.05 Bn | - | 84.85 Bn |
| 7 | Arthur J. Gallagher | 69.43 Bn | 63.86 Bn | - | 37.22 Bn |
| 8 | Metlife | 66.04 Bn | -40.44 Bn | 7.82 Bn | 33.63 Bn |
| 9 | Allstate | 65.83 Bn | 27.08 Bn | 8.73 Bn | 41.19 Bn |
| 10 | Brown & Brown | 24.59 Bn | 20.42 Bn | - | 20.37 Bn |
Historic Data
Download Data
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 |
API Access
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_KEYimport 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();