Brown & Brown (BRO) Net Margin (2009 - 2026)
Brown & Brown (BRO) reported Net Margin of 17.18% for fiscal Q2 2026 (quarter ended Jun 30, 2026), down 0.79 percentage points from 17.98% a year earlier and down 5.23 percentage points from the prior quarter.
Brown & Brown (BRO) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Brown & Brown's Net Margin came in at 17.75%, down 2.14 percentage points year-over-year; for FY2025 (ended Dec 31, 2025), it came in at 17.86%, down 2.81 percentage points from FY2024.
- Net Margin has a five-year change of -0.53 percentage points (FY2020 to FY2025).
- By fiscal year, Net Margin came in at 20.67% in FY2024 (+0.21 pp), 20.46% in FY2023 (+1.65 pp), 18.81% in FY2022 (-0.43 pp) and 19.24% in FY2021 (+0.85 pp).
- Five-year quarterly Net Margin spans a low of 13.77% in fiscal Q4 2021 and a high of 26.22% in fiscal Q4 2023.
- Year over year, Net Margin has now declined in each of the last five quarters, with an average year-over-year change of -2.21 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was fiscal Q4 2023 (a gain of 10.08 percentage points); the low point was fiscal Q4 2024 (a drop of 8.47 percentage points).
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at 22.41% (Q1 2026), 16.43% (Q4 2025) and 14.13% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,178.60 Bn | -238.88 Bn | 55.86 Bn | 25.21% |
| 2 | Chubb | 140.37 Bn | 92.42 Bn | 9.13 Bn | 18.05% |
| 3 | Progressive | 133.48 Bn | 109.32 Bn | 9.04 Bn | 14.02% |
| 4 | Marsh & Mclennan Companies | 94.69 Bn | 87.08 Bn | - | 11.77% |
| 5 | Travelers Companies | 84.57 Bn | 60.82 Bn | 6.23 Bn | 18.17% |
| 6 | Manulife Financial | 77.66 Bn | -16.05 Bn | - | 10.52% |
| 7 | Arthur J. Gallagher | 69.43 Bn | 63.86 Bn | - | 8.09% |
| 8 | Metlife | 66.04 Bn | -40.44 Bn | 7.82 Bn | 3.68% |
| 9 | Allstate | 65.83 Bn | 27.08 Bn | 8.73 Bn | 17.43% |
| 10 | Brown & Brown | 24.59 Bn | 20.42 Bn | - | 17.18% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.18% |
| Mar 31, 2026 | 22.41% |
| Dec 31, 2025 | 16.43% |
| Sep 30, 2025 | 14.13% |
| Jun 30, 2025 | 17.98% |
| Mar 31, 2025 | 23.58% |
| Dec 31, 2024 | 17.75% |
| Sep 30, 2024 | 19.73% |
| Jun 30, 2024 | 21.82% |
| Mar 31, 2024 | 23.29% |
| Dec 31, 2023 | 26.22% |
| Sep 30, 2023 | 16.48% |
| Jun 30, 2023 | 18.15% |
| Mar 31, 2023 | 21.15% |
| Dec 31, 2022 | 16.14% |
| Sep 30, 2022 | 17.37% |
| Jun 30, 2022 | 17.29% |
| Mar 31, 2022 | 24.35% |
| Dec 31, 2021 | 13.77% |
| Sep 30, 2021 | 19.01% |
Brown & Brown Net Margin 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=net-margin&ticker=BRO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=BRO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();